If Kayla has a 73% in her history class and she took a test 20% of her grade and got a 60 on it. What would her grade be?

Answers

Answer 1

Answer:

70.4%

Step-by-step explanation:

Assuming the test is the only graded assignment, and the remaining 80% of her grade is still at 73%, we can calculate Kayla's new overall grade as follows:

New overall grade = (0.80 x 73) + (0.20 x 60)

New overall grade = 58.4 + 12

New overall grade = 70.4

Therefore, Kayla's new overall grade is 70.4%

Answer 2

Answer:

70.4% or a C-.

Step-by-step explanation:

To calculate Kayla's new grade after taking the test, you need to first find out what percentage of her overall grade the test is worth. If the test is worth 20% of her grade, then the remaining 80% of her grade is based on other factors, such as homework, quizzes, and other tests.

To calculate Kayla's new grade, you can use the following formula:

New grade = (Current grade x Weight of current assignments) + (Grade on test x Weight of test)

Plugging in the numbers given in the problem, we get:

New grade = (0.73 x 0.80) + (0.60 x 0.20)

New grade = 0.584 + 0.12

New grade = 0.704

Therefore, Kayla's new grade after taking the test would be approximately 70.4%, or a C-.


Related Questions

Please help will give a lot of points

Answers

Answer:

how many points will you give?

Step-by-step explanation:

If the points A,B and C have the coordinates A (5,2), B (2,-3) and C (-8,3) show that the triangle ABC is a right angled triangle.

Answers

Answer:

Step-by-step explanation:

To show that the triangle ABC is a right-angled triangle, we need to prove that one of the angles of the triangle is a right angle, which means it measures 90 degrees.

We can use the Pythagorean theorem to check if the sides of the triangle satisfy the condition for a right-angled triangle. The Pythagorean theorem states that in a right-angled triangle, the square of the length of the hypotenuse is equal to the sum of the squares of the lengths of the other two sides.

Let's find the length of each side of the triangle:

AB = √[(5-2)² + (2-(-3))²] = √(3²+5²) = √34

BC = √[(2-(-8))² + (-3-3)²] = √(10²+6²) = √136

CA = √[(5-(-8))² + (2-3)²] = √(13²+1²) = √170

Now, let's check if the Pythagorean theorem is satisfied:

AC² = AB² + BC²

170 = 34 + 136

Since the Pythagorean theorem is satisfied, we can conclude that the triangle ABC is a right-angled triangle, with the right angle at vertex B.

We know that,

the distance between two points=√(x2-x1)²+(y2-y1)²

∴ The distance between points A and B, AB=√(2-5)²+(-3-2)²

                                                                         =√(9+25)

                                                                         = √(34)

∴ The length of side AB = √(34)

Again,

The distance between points B and C, BC= √[(-8-2)²+{3-(-3)}²]

                                                                      = √(100+36)

                                                                      = √136

∴ The length of side BC =√136

Also,

The distance between points A and D, AC= √(-8-5)²+(3-2)²

                                                                      = √(169+1)

                                                                      = √170

∴ The length of side AC=√170

Now, we get three sides of the triangle as AB = √(34), BC = √136, and AC=√170

Since AC is the longest side, we take it as hypotenuse, and the other sides as base and height in the Pythagoras theorem,

AC²=170

BC²=136

AB²=34

Clearly, 170=136+34

or, AC²=AB²+BC²

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A straw is placed inside a rectangular box that is g inches by 6 inches by 7 inches, as shown. If the straw fits exactly into the box diagonally from the bottom left corner to the top right back corner, how long is the straw? Leave your answer in simplest radical form.​

Answers

Answer:

The length of the straw will be 5.91607 inches long in radical form.

What is Length of diagonal in cuboid?

If a cuboid has length = l units, breadth = b units, and height = h units, then we can evaluate the length of the diagonal of a cuboid using the formula

As per the question the length of the straw is equal to length of the diagonal of Rectangular box.

l= 3 inch , b= 5 inch , h= 1 inch

Let us consider the length of the straw be 'x'.

As, Diagonal of Cuboid is,

X= 5.91607 (in radical form)

Step-by-step explanation:

Hence, the length of the straw will be  5.91607 inches.

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Math question sb please do ts giving branliest

Answers

Answer:

All lines are parallel

Step-by-step explanation:

Get each equation in Slope-Intercept form:

 1. Divide both sides by 3: [tex]y=-\frac{4}{3}x+\frac{7}{3}[/tex]

 2. No change

 3. Subtract 8x and divide by 6 on both sides: [tex]y=-\frac{4}{3}x-\frac{2}{3}[/tex]

Notice:

a. All slopes are -4/3, AND

b. All y-intercepts are different

Out of 600 people sampled, 42 had kids. Based on this, construct a 95% confidence interval for the true population proportion of people with kids.
Use GeoGebra to calculate! Give your answers as decimals, to three places

Answers

Answer:

So we can be 95% confident that the true proportion of people with kids in the population is between 0.044 and 0.096.

Step-by-step explanation:

To construct a confidence interval, we need to use the formula:

CI = p ± zsqrt((p(1-p))/n)

Where:

CI = confidence interval

p = sample proportion (in this case, 42/600 = 0.07)

z = the z-score corresponding to the desired level of confidence (in this case, 1.96 for a 95% confidence interval)

n = sample size (in this case, 600)

Plugging in the numbers, we get:

CI = 0.07 ± 1.96sqrt((0.07(1-0.07))/600)

Simplifying this, we get:

CI = 0.07 ± 0.026

Therefore, the 95% confidence interval for the true population proportion of people with kids is:

0.044 ≤ p ≤ 0.096

Find the distance between the two points (3,−2) and (2,6) .



Simplify your answer, and write the exact answer in simplest radical form for an irrational answer. For example, 2–√= sqrt(2) .

Answers

Answer:

[tex] \sqrt{( {3 - 2)}^{2} + {( - 2 - 6)}^{2} } [/tex]

[tex] \sqrt{ {1}^{2} + {( - 8)}^{2} } [/tex]

[tex] \sqrt{1 + 64} = \sqrt{65} [/tex]

I really need help I will give you points

A.
x = 60; m∠ROS = 28°
B.
x = 62; m∠ROS = 31°
C.
x = 28; m∠ROS = 60°
D.
x = 31; m∠ROS = 62°

Answers

Answer:

D.

x = 31; m∠ROS = 62°

Step-by-step explanation:

we know that a right angle is always 90 degrees, so we subtract 90° by ∠QOR:

[tex]90 - 28 = 62[/tex]

Then we insert the 62 with the (2x)

[tex]62 = 2x[/tex]

we divide both sides by 2 and we get:

[tex]31 = x[/tex]


so the answer is D

x is equal to 31 and we can multiply 31 by 2 and we can get 62°

will mark as brainlist is answer correct. which meauser of center is the most appropriate answer for table two. pls give a reason. 25 points.

Answers

The meauser of center is the most appropriate answer for table two is the mean.

How to explain the mean

Mean, in terms of math, is the total added values of all the data in a set divided by the number of data in the set.

Each mean serves to summarize a given group of data, often to better understand the overall value of a given data set. Pythagorean means consist of arithmetic mean, geometric mean, and harmonic mean

It is the mean because all of the data points are fairly close and there aren't any outliers (extreme values).

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Please help me with this

Answers

a)There is higher variability of Y with larger values of X.

b) There is non linear relation between X and Y.

a) Based on the given figure, we can make the following observations:

The scatterplot shows an upward trend, indicating a positive relationship between X and Y.The points appear to be spread out in a fan-like shape, suggesting increasing variability of Y with larger values of X. This means that as X increases, the values of Y become more spread out.The scatterplot does not provide clear information about the variability of X with larger values of Y.

Therefore, the correct statement is There is higher variability of Y with larger values of X.

b) Based on the features, it is likely that a linear model may not be suitable for these data, and a non-linear model or other regression techniques may be more appropriate to capture the relationship between X and Y accurately.

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A company produces two products, A and B. At
least 30 units of product A and at least 10 units of
product B must be produced. The maximum
number of units that can be produced per day is
80. Product A yields a profit of $15 and product B
yields a profit of $8. Let a = the number of units of
product A and b = the number of units of product
B.
What objective function can be used to maximize
the profit?
P=
DONE✔
a+
b

Answers

The objective function that can be used to maximize the profit is Profit = 15a + 8b

Let a is the number of units of product A and b is the number of units of product B.

Profit = 15a + 8b

This function represents the total profit earned by producing a units of product A and b units of product B

Given that the profit per unit of product A is $15 and the profit per unit of product B is $8.

To maximize the profit, we would need to find the values of a and b that satisfy the constraints given in the problem and maximize the value of the objective function

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. A and B completed a work together in 5 days. Had A worked at twice the speed and B at half the
speed, it would have taken them four days to complete the job. How much time would it take for
A alone to do the work

Answers

So it would take A 10 days to do the whole job alone.

What is equation?

An equation is a statement that asserts the equality of two expressions. It typically contains variables, constants, and mathematical operations such as addition, subtraction, multiplication, division, exponentiation, etc. The goal of solving an equation is to find the values of the variables that make the equation true. Equations are used in a variety of mathematical contexts, including algebra, calculus, and geometry, as well as in physics, engineering, and many other fields.

Here,

Let's denote A's speed as "a" and B's speed as "b" (in units of work per day). Then, we know that:

In 5 days, A and B together completed the job, so we can write: 5(a + b) = 1 (where 1 represents the whole job).

If A worked at twice the speed (2a) and B worked at half the speed (0.5b), then they would complete the job in 4 days, so we can write: 4(2a + 0.5b) = 1.

We can simplify the second equation by multiplying out the brackets and collecting like terms:

8a + 2b = 1

Now we have two equations with two unknowns. We can solve for one of the variables in terms of the other, and substitute the result into the other equation to find the value of the remaining variable. Let's solve for "b" in terms of "a" from the first equation:

5(a + b) = 1

5b = 1 - 5a

b = (1/5) - a

Now we can substitute this expression for "b" into the second equation:

8a + 2b = 1

8a + 2((1/5) - a) = 1

8a + (2/5) - 2a = 1

6a = (3/5)

a = (1/10)

So A can do 1/10 of the job in one day. To find out how long it would take A to do the whole job alone, we can use the formula:

time = amount of work / rate

Since A can do the whole job alone, the amount of work is 1, and A's rate is 1/10. Therefore:

time = 1 / (1/10)

= 10 days

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Lines MN and GH are parallel. If m
S is 38°, then what is m
Y?

Answers

The calculated measure of the angle Y is 38°


Calculating the measure of the angle Y

From the question, we have the following parameters that can be used in our computation:

Lines MN and GH are parallel. Angle S = 38°

The angle S and angle Y are corresponding angles

This means that the angles are congruent

So, we have

Y = S

Substitute the known values in the above equation, so, we have the following representation

Y = 38°

Hence, the measure of the angle Y is 38°

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Complete question

Lines MN and GH are parallel. If mS is 38°, then what is mY?

See attachment for figure

In 2015, there were roughly 1 x 10° high school football players and 2x 10° professional football players in the United States. About how many times more high school football players were there?​

Answers

The number of times more high school football players were there is 500.

Given that, in 2015, there were roughly 1×10⁶ high school football players and 2×10³ professional football players in the United States.

Here, the number of times more high school football players were there

= 1×10⁶/2×10³

= 1×10³/2

= 1000/2

= 500

Therefore, the number of times more high school football players were there is 500.

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"Your question is incomplete, probably the complete question/missing part is:"

In 2015, there were roughly 1×10⁶ high school football players and 2×10³ professional football players in the United States. About how many times more high school football players were there?​

What expression represents a x 5
A: Product
B: Sum
C: Difference
D:Quotient

Answers

The answer is product because that what the answer to multiplication is called
Answer: A; Product.
The total of a multiplication expression is called a product.
(Sum) - total of an addition expression
(Difference) - total of a subtraction expression
(Quotient) - total of a division expression
Hope that helped!

A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 32 weeks. Assume that for the population of all unemployed individuals is normally distributed and the population mean length of unemployment is 32 weeks and that the population standard deviation is 3.9 weeks. Suppose you would like to select a random sample of 66 unemployed individuals for a follow-up study.

Answer the following, rounding all answers to three decimal places.

Find the probability that a single randomly selected value is greater than 31.9.
P(X > 31.9) = ???

Find the probability that a sample of size
is randomly selected with a mean greater than 31.9.
P(M > 31.9) = ???

Answers

The probability that a single randomly selected value is greater than 31.9 is 0.511.

The probability that a sample of size 66 is randomly selected with a mean greater than 31.9 is 0.641.

How to calculate the probability

Probability that a single randomly selected value is greater than 31.9:

z = (31.9 - 32) / 3.9 = -0.026

We can find the probability:

P(X > 31.9) = P(Z > -0.026) = 0.511

Also, μ = 32, σ = 3.9, n = 66

z = (31.9 - 32) / (3.9 / √66) = -0.363

Using a standard normal distribution table or calculator, we can find the probability:

P(M > 31.9) = P(Z > -0.363) = 0.641

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Find the area of each of the figures

Answers

In the given diagram, the areas of the figures are as follows:

Area of the rectangle is 1/6 cm²

Area of the parallelogram is 12 m²

Calculating the area of a plane shape

From the question, we are to calculate the areas of the given plane shapes

From the diagram, we have a rectangle and a parallelogram

The area of a rectangle is given by the formula

Area = l × w

Where l is the length

and w is the width

From the given information,

l = 1/2 cm

w = 1/3 cm

Thus,

Area = 1/2 cm × 1/3 cm

Area = 1/6 cm²

Hence, the area of the rectangle is 1/6 cm²

For the parallelogram

The area of a parallelogram is given by the formula

Area = b × h

Where b is the base length

and h is the perpendicular height

From the given information,

b = 6 m

h = 2 m

Thus,

Area = 6 m × 2 m

Area = 12 m²

Hence, the area of the parallelogram is 12 m²

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Consider the following. Circle: x = h + r cos(theta), y = k + r sin(theta) Use the above to find a set of parametric equations for the conic. Circle: center: (−2, −3); radius: 6

Answers

Answer:

Step-by-step explanation:

The standard parametric equations for a circle with center (h, k) and radius r are:

x = h + r cos(theta)

y = k + r sin(theta)

Here, center is (−2, −3) and the radius is 6. Therefore, we have:

h = -2

k = -3

r = 6

Substituting these values into the standard equations, we get:

x = -2 + 6 cos(theta)

y = -3 + 6 sin(theta)

So the set of parametric equations for the circle is:

x(t) = -2 + 6 cos(t)

y(t) = -3 + 6 sin(t)

where t = theta.


What’s the correct answer for problem 16???

Answers

The values of x and y of the given transverse lines are:

x = 44.25° and y = 7.25°

How to find the missing angle on the line?

We know that there are different classification of angles such as:

Corresponding angles

Alternate angles

Opposite angles

Supplementary angles

Complementary angles

Now, we also know that sum of angles on a straight line is 180 degrees. Thus:

5x - 9y - 16 = 140

5x - 9y = 156   -----(1)

We also know that alternate angles are defined as two angles, that are formed when a line crosses two other lines, that lie on opposite sides of the transversal line and on the opposite relative sides of the other lines. If the two lines crossed are parallel, then the alternate angles are equal.

Thus:

3x + y = 5x - 9y - 16

2x - 10y - 16 = 0

2x - 10y = 16  ----(2)

Solving simultaneously gives us:

x = 44.25° and y = 7.25°

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Using Trig to Find a Side

Answers

Using trigonometric ratio, the value of x in the figure is 2.61 units

What is the trigonometric ratios

The six trigonometric ratios are sine (sin), cosine (cos), tangent (tan), cotangent (cot), cosecant (cosec), and secant (sec). In geometry, trigonometry is a branch of mathematics that deals with the sides and angles of a right-angled triangle. Therefore, trig ratios are evaluated with respect to sides and angles.

In this problem, we have the adjacent side and we need to find the opposite side.

The ratio that gives us room to find this is the tangent to the angle

tanθ = opposite / adjacent

tan 43 = x / 2.8

x = 2.8 * tan 43

x = 2.61

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fill in "blanks"
blank g = blank kg = 3/10 kg

Answers

The amount of grams that is equivalent to 3/10 of a kg is given as follows:

300 grams.

How to obtain the amount of grams?

The amount of grams that is equivalent to 3/10 of a kg is obtained applying the proportions in the context of the problem.

The amount of kg is 3/10 of a kilogram is given as follows:

3/10 = 0.3kg.

(conversion of a fraction to decimal, divide the numerator by the denominator).

Each kg is composed by 1000 grams, hence the amount of grams in 0.3 kg is given as follows:

0.3 x 1000 = 300 grams.

(proportion applied to obtain the conversion).

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Describe how the following functions are transformed from the parent function

f(x)=|x|-3


f(x)= - |x - 4|


f(x)= 1/3 |x|

f(x)= -2 |x-1|

Answers

Answer:

Each of these functions is a transformation of the parent function f(x) = |x|. The transformations include shifting the graph up or down, stretching or compressing the graph vertically, reflecting the graph across the x-axis, and shifting the graph left or right. The vertex of each graph is located at a different point.

Step-by-step explanation:

- The function f(x) = |x| - 3 is a transformation of the parent function f(x) = |x|. The "-3" at the end of the function shifts the graph 3 units down. This means that the vertex, or lowest point, of the graph is at (0, -3) instead of (0, 0).

- The function f(x) = -|x - 4| is also a transformation of the parent function f(x) = |x|. The negative sign in front of the absolute value function reflects the graph across the x-axis. The "-4" inside the absolute value function shifts the graph 4 units to the right. This means that the vertex of the graph is at (4, 0) instead of (0, 0).

- The function f(x) = (1/3)|x| is a transformation of the parent function f(x) = |x|. The "1/3" in front of the absolute value function stretches the graph vertically by a factor of 1/3. This means that the graph is narrower and closer to the x-axis than the parent function. However, because the absolute value function is symmetrical, the graph is still centered at (0, 0).

- The function f(x) = -2|x - 1| is also a transformation of the parent function f(x) = |x|. The negative sign in front of the absolute value function reflects the graph across the x-axis. The "-1" inside the absolute value function shifts the graph 1 unit to the right. The "2" in front of the absolute value function stretches the graph vertically by a factor of 2. This means that the graph is narrower and closer to the x-axis than the parent function, and it is also reflected across the x-axis. The vertex of the graph is at (1, 0).

What’s the answer? Will give brainliest if correct

Explain reasoning

Answers

The statement that is not true is: C. The translation of a line is a pair of parallel lines.

What is transformation?

In geometry, a transformation is a procedure that modifies a figure's position, size, or shape. Translation, rotation, reflection, and dilation are the four main categories of transformations.

Every point in a figure is translated by the same amount and in the same direction. A rotation revolves a figure around the centre of rotation, a fixed point. A figure is reversed over a line known as the line of reflection in a reflection.

In relation to a fixed point known as the centre of dilation, a dilation expands or contracts a figure by a specific scale factor.

The statement that is not true is: C. The translation of a line is a pair of parallel lines as translation is a transformation that moves every point of a figure the same distance in the same direction.

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What is -2 - 1 3\7 please help

Answers

Answer:

Step-by-step explanation:

To solve this expression, we need to first combine the integer part of -2 and -1, which gives us -3. Then, we need to combine the fractional parts of -1 and 3/7.

To do this, we find a common denominator, which is 7, and convert -1 to an equivalent fraction with denominator 7 by multiplying both the numerator and denominator by 7, which gives us -7/7.

Now we can add -7/7 and 3/7 to get -4/7.

Therefore, -2 - 1 3/7 = -3 - 4/7, which can also be written as -3 4/7 or -23/7 in improper fraction form

Emilio puts $4,000.00 into an account to use for school expenses. The account earns 15% interest, compounded annually. How much will be in the account after 6 years?
Round your answer to the nearest cent.

Answers

Answer:

$10,359.73.

Step-by-step explanation:

We can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where:

A = the amount of money after the specified time

P = the principal amount (the initial amount of money)

r = the annual interest rate (as a decimal)

n = the number of times the interest is compounded per year

t = the time (in years)

In this case, we have:

P = $4,000.00

r = 15% = 0.15

n = 1 (compounded annually)

t = 6 years

Substituting into the formula, we get:

A = 4000(1 + 0.15/1)^(1*6)

A = 4000(1.15)^6

A ≈ $10,359.73

Therefore, the amount in the account after 6 years, rounded to the nearest cent, is $10,359.73.

We can use the formula for compound interest to find the amount in the account after 6 years:

A = P(1 + r/n)^(nt)

where:
A = the amount of money in the account after t years
P = the initial principal (or starting amount), which is $4,000.00 in this case
r = the annual interest rate as a decimal, which is 0.15 (since the interest rate is 15%)
n = the number of times the interest is compounded per year, which is 1 since the interest is compounded annually
t = the number of years, which is 6 in this case

Plugging in the values, we get:

A = 4000(1 + 0.15/1)^(1*6)
A = 4000(1.15)^6
A ≈ $9,432.44

Therefore, the amount in the account after 6 years is approximately $9,432.44.

50 Points! Multiple choice algebra question. Write the expression x^4+5x^2-8 in quadratic form, if possible. Photo attached. Thank you!

Answers

Answer:

A!!!!!!!!!!!!!!!!!!!!!!!!!

A man drove 14 miles directly east from his home, made a left turn at an intersection, and then traveled 7 miles north to his place of work. If a road was made directly from his home to his place of work, what would its distance be to the nearest tenth of a mile?

Answers

We can use the Pythagorean theorem to find the distance between the man's home and his place of work.

The distance traveled east and the distance traveled north form the two legs of a right triangle, and the distance we want to find is the hypotenuse.

Using the Pythagorean theorem, we have:

distance^2 = (14 miles)^2 + (7 miles)^2
distance^2 = 196 + 49
distance^2 = 245
distance = sqrt(245)
distance = 15.62 miles (rounded to the nearest tenth)

Therefore, the distance between the man's home and his place of work, if a road was made directly between them, would be approximately 15.6 miles.

Help please!!!!
Whoever answers right gets brainliest!

Answers

It be the first one this > 4w+6
Answer:

4w+6.

Step-by-step explanation:

1. Formula of perimeter.

The perimeter is just the summation of the length of all sides of a shape. In the case of a circle, the perimeters is its circumference length. So for this case, all we need to do is add up all the sides in a single expression that will represent the perimeter.

2. Calculating the perimeter formula.

So perimeter for this triangle should be:

Side 1 + Side 2 + Side 3.

Where:

Side 1= w+4;

Side 2= 2w+2;

Side 3= w.

Then, perimeter is:

(w+4)+(2w+2)+(w)

Adding up all the like terms:

(w+2w+w)+(4+2)

(4w)+(6)

4w+6.

A sixth-grade class collected data on the number of letters in the first names (name lengths) of all the students in class. Here is the dot plot of the data they collected:





How many students are in the class?

Answers

Based on the data displayed in the dot plot, it can be concluded there are 25 students in this class.

How to know the number of students based on the dot plot?

Dot plots represent data and trends but using dots. In these types of graphs, each individual is represented with a dot. For example, in the number 3, we can see there are 3 dots, which means three students have a first name made of three letters.

Therefore, you can get the total of students by counting all the dots. Based on this, there are 25 students in this class.

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What is the probability that a random sample of 20 second grade students from the city results in a mean reading rate of more than 96 words per​ minute?

Answers

Answer:

Step-by-step explanation:

We can calculate the t-statistic and the p-value as follows:

If we assume that the null hypothesis is true, then the t-statistic will follow a t-distribution with 19 degrees of freedom. We can compare the calculated t-statistic with the critical t-value at the 0.05 level of significance using a t-distribution table or statistical software.

If the calculated t-statistic is greater than the critical t-value, then we can reject the null hypothesis and conclude that there is sufficient evidence to support the alternative hypothesis that the population mean reading rate is greater than 96 words per minute.

The p-value is the probability of obtaining a t-statistic as extreme or more extreme than the calculated t-statistic, assuming the null hypothesis is true. We can use the t-distribution table or statistical software to find the corresponding p-value.

If the p-value is less than the significance level of 0.05, then we can reject the null hypothesis at the 0.05 level of significance and conclude that the probability of obtaining a random sample of 20 second grade students with a mean reading rate of more than 96 words per minute is statistically significant.

Can someone help me with my accounting assignment please?

Answers

The State Cash Flow Statement using the direct method.

                                                         OP                       INV                  FIN

Personnel emolument                  2,000,000

CRF charges                                 1,000,000

Statutory revenue allocation       20,000,000

Proceeds from sale of fixed assets                          100,000

Purchase of marketable securities                           50,000

Purchase & construction of fixed assets                  500,000

Share of VAT                                 200,000

Share of excess crude oil            100,000

Internally generated revenue    10,000,000

Gratuities and pension              15,000,000

Miscellaneous income                50,000

Overhead expenses                   36,000

Recurrent grant made                20,000

Miscellaneous expenses          10,000

Servicing & repayment of public debts                                            100,000

Grants & subventions from NGO                                                     200,000

Proceeds from loan & other borrowings                                         300,000

Dividends received                                                                           100,000

                                            12,234,000             -450,000              500,000  

  Net Cash Flow for the year ended 31 December 2006: 12,284,000  

How was the cash  Flow Statement using the direct method solved?

To prepare the State Cash Flow Statement using the direct method, we'll classify cash flows into three categories: Operating Activities (OP), Investing Activities (INV), and Financing Activities (FIN). Then, we'll calculate the net cash flow for each category and add them together to find the net cash flow for the year.

Operating Activities:

(-2,000,000 - 1,000,000 + 20,000,000 + 200,000 + 100,000 + 10,000,000 - 15,000,000 + 50,000 - 36,000 - 20,000 - 10,000) = 12,234,000

Investing Activities:

(100,000 - 50,000 - 500,000) = -450,000

Financing Activities:

(-100,000 + 200,000 + 300,000 + 100,000) = 500,000

Net Cash Flow for the year ended 31 December 2006:

12,234,000 (Operating Activities) - 450,000 (Investing Activities) + 500,000 (Financing Activities) = 12,284,000

The above answer is in response to the question below;

The following information has been extracted from the records of WELFARE STATE of Nigeria for the year ended 31 December 2006:

                                                       

Personnel emolument                  2,000,000

CRF charges                                 1,000,000

Statutory revenue allocation       20,000,000

Proceeds from sale of fixed assets  100,000

Purchase of marketable securities  50,000

Purchase & construction of fixed assets  500,000

Share of VAT                                 200,000

Share of excess crude oil            100,000

Internally generated revenue    10,000,000

Gratuities and pension              15,000,000

Miscellaneous income                50,000

Overhead expenses                   36,000

Recurrent grant made                20,000

Miscellaneous expenses          10,000

Servicing & repayment of public debts      100,000

Grants & subventions from NGO               200,000

Proceeds from loan & other borrowings       300,000

Dividends received                                       100,000

You are required to:

Prepare the State Cash Flow Statements for the year ended 31 December 2006 using the direct method approach (ICAN May 2008)

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