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nirvana33 [79]
3 years ago
15

The December 31, 2018, balance sheet of Whelan, Inc., showed $154,000 in the common stock account and $2,790,000 in the addition

al paid-in surplus account. The December 31, 2019, balance sheet showed $164,000 and $3,090,000 in the same two accounts, respectively. The company paid out $159,000 in cash dividends during 2019 14.28 points What was the cash flow to stockholders for the year? (A negative answer should be indicated by a minus sign.
Business
1 answer:
Illusion [34]3 years ago
6 0

Answer:

Whelan, Inc.

The cash flow to stockholders for the year is $159,000, representing the cash dividends paid during 2019.

Explanation:

Cash flow to stockholders is the amount of cash that a company pays out to its shareholders, usually in the form of cash dividends.  Mainly, cash flows to stockholders in two major ways: dividends and stock price increases when shares are sold.  Dividends are cash flows to stockholders from the company.  These are usually determined by the board of directors.  Stock price increases are cash flows to stockholders from the stock exchange market.  They are determined by the company's performance and the sentiments of the investors in an open market with reference to the company's financial performance and position.

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Zolezzi Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts tota
Lunna [17]

Answer:

                                                     Zolezzi Inc.

                                          Cash budget for March

                                                       Amount in $'000                          

Opening balance                                27

Add;

Cash receipts                                    104      

Less;

Cash disbursements                       <u>  (87)</u>                

Ending balance                                  44  

Amount to be borrowed                   <u> 26</u>  

Desired ending balance                   <u> 70 </u>                                                                                                

Explanation:

The cash budget a forecast of the expected movement in cash balance. This is as a result of expected cash receipts and disbursements and may be expressed mathematically as

opening cash balance + cash receipts - Cash disbursed = closing cash balance

27 + 104 - 87 = ending balance

Ending balance = 44

Desired ending balance = 70

Amount to be borrowed = 70 - 44

= 26

6 0
3 years ago
A security with a level of systematic risk that is the same as that of the market has a beta that is
dybincka [34]

Answer:

equal to 1

Explanation:

Beta refers to a coefficient that denotes the degree of responsiveness of security returns with respect to that of market return. Beta is calculated as,

= \frac{Change\ in\ security\ return}{Change\ in\ market\ return}

which further means, beta is equal to deviation (risk) in security return w.r.t deviation (risk) in market return.

Beta is a measure of systematic risk which is, the market related risk to which whole of stock market is exposed to. Examples of systematic risk would be, change in the inflation rate, political instability, change in state of economy such as boom or recession, etc.

Systematic risk is not a company specific risk and thus, such a risk cannot be eliminated by a company via diversification of investments.

Thus, for a security whose systematic risk is equal to that of the market , it's beta will be equal to one which means the magnitude by which, the market falls or rises, the stock shall also fall or rise by the same margin. It also means the same direction of movement i.e if market rises, stock price would rise by same proportion and vice versa.

3 0
2 years ago
Often general and special educators share the common goal of supporting students with disabilities in general education classroo
Law Incorporation [45]

Answer:

True

Explanation:

In this context the support allow the students with disabilities to be at the same level of opportunities as the other student. This translates into inclusion, meaning the disabled student can feel he is part of the class.

I hope you find this information useful and interesting! Good luck!

4 0
3 years ago
Novak Corp. has 6000 shares of 5%, $100 par value, cumulative preferred stock and 12000 shares of $1 par value common stock outs
Annette [7]

Answer:

See below

Explanation:

Given the above data,

Preferred shares = 6,000 shares × $100 = $600,000

Dividend on preference shares = $600,000 × 5% = $30,000 per year

Dividend declared in 2019

= $55,800

Preferred dividend in 2019 = $30,000 × 2 = $60,000

Dividend declared in 2020 =$55,800

Preferred dividend declared in 2020 = $30,000 + $4,200 = $34,200

Dividend paid to common stock holders = $55,800 - $34,200 = $21,600

5 0
2 years ago
Northern Illinois Company expects to sell 36,000 units of finished goods over the next 6-month period. The company has 12,000 fi
sp2606 [1]

Answer:

38,000 units

Explanation:

Total production required = Forecasted unit sales + Planned finished goods inventory balance = 36,000 + 14,000 = 50,000 units

Products to be manufactured = Total production required - Beginning finished goods inventory = 50,000 - 12,000 = 38,000 units

The number of finished units to be produced = 38,000 units

So the correct answer will be 38,000

8 0
3 years ago
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