The balance sheets for Kinder Company showed the following i…
Questions
The bаlаnce sheets fоr Kinder Cоmpаny shоwed the following information. Additional information concerning transactions and events during 2021 is presented below. Kinder Company Balance Sheet December 31 2021 2020 Cash $ 30,900 $ 10,200 Accounts receivable (net) 43,300 20,300 Inventory 35,000 42,000 Long-term investments 0 15,000 Property, plant & equipment 236,500 150,000 Accumulated depreciation (37,700) (25,000) $308,000 $212,500 Accounts payable $ 17,000 $ 26,500 Accrued liabilities 21,000 17,000 Long-term notes payable 70,000 50,000 Common stock 130,000 90,000 Retained earnings 70,000 29,000 $308,000 $212,500 Additional data: 1. Net income for the year 2021, $61,000. 2. Depreciation on plant assets for the year, $12,700. 3. Sold the long-term investments for $33,000 (assume gain or loss is ordinary). 4. Paid dividends of $20,000. 5. Purchased machinery costing $26,500, paid cash. Instructions Using the following format provided, prepare the operating section of the statement of cash flows (using the indirect method) for 2021 for Kinder Company. Number of lines does not necessarily mean they are all used (that is for you to determine). Kinder Company Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities Net income $__________ Adjustments to reconcile net income to net cash provided by operating activities: __________________________________ $__________ __________________________________ __________ _________________________________ __________ __________________________________ __________ __________________________________ __________ __________________________________ __________ __________________________________ __________ __________ Net cash provided (used) by operating activities __________
In densely pоpulаted metrоpоlitаn аreas, local governments often cannot solve problems the same way they might in smaller or more spread-out communities. Space is limited, growth pressures are intense, and many key issues cross city boundaries.For this question, explain why densely populated metro areas often need to be especially creative in serving residents. Then describe the kinds of policy and service strategies metro governments may use to manage growth and daily life when land is scarce and jurisdictions overlap. You have flexibility in what you emphasize, but your answer should engage at least two broad themes we discussed, such as how local rules shape development patterns, how governments try to make growth more efficient, and how neighboring jurisdictions coordinate to address shared challenges. Use at least two concrete examples to illustrate your points.