Answer and Explanation:
The classification is as follows:
1. Dividend of preferred stock paid - Financing activity
2. Purchase of the property for a future factory - Investing activity
3. Issuance of the common stock shares - Financing activity
4.Rise in accrued liabilities - Operating activity
5. Sell some old equipment - Investing activity
The following are expected to increase in the cash flow
1. Issuance of the common stock shares
2. Rise in accrued liabilities
3. Sell some old equipment
Increase inventory holdings - Operating activity
Sell a tract of land it has held for years - Investing activity
A career is something that can last forever well a non career is a thing that can end quickly
Extent to which the demand<span> for a good changes when income changes.</span>
Answer:
The answer is Option D. 1.68 times
Explanation:
The formula for equity multiplier is:
Equity Multiplier = Total assets ÷ Total stockholder's equity
In 2017:
Total stockholder's equity = Common stock + Retained earnings
Total stockholder's equity = $2890 + $700 = $3590
Total assets = $6,015
Now, putting these values in the above formula, we get,
Equity multiplier = $6,015 ÷ $3,590 = 1.68 times
Answer and Explanation:
The computation of the current ratio and the acid ratio is shown below:
The current ratio is
= Current assets ÷ current liabilities
= ($96 + $88 + $176 + $12) ÷ ($86 + $29)
= $372 ÷ $115
= 3.23 times
And, the quick ratio is
= Quick assets ÷ current liabilities
= ($372 - $176) ÷ ($86 + $29)
= $196 ÷ $115
= 1.70 times
Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively