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3 years ago

In preparing Marjorie Company's statement of cash flows for the most recent year, the following information is available:

Business

1 answer:

Damm [24]3 years ago

5 0

Answer: The answer is e. $264,000 of net cash provided.

Explanation:

Marjorie Company

Statement of cash flows

Purchase of equipment ($260,000)

Proceeds from sale of equipment 87,000

Purchase of land (91,000)

Net cash flows from investing activities $264,000

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Explanation:

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2 years ago

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Answer:

3,520= direct labor

Explanation:

Giving the following information:

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3 years ago

All of the following are reasons for a company to repurchase its previously issued stock, except:

gladu [14]

Answer:

The correct answer is option d. to increase the shares outstanding.

Explanation:

A company can repurchase its previously purchased stocks to resell to the employees, for bonuses to employees and to even support the market price of the stock.

But the company certainly will not repurchase its previously purchased stocks to increase the shares outstanding.

I hope the answer is helpful.

Thanks for asking.

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3 years ago

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Answer:

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3 years ago