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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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. At the beginning of 2009, a government had a total debt of $540 billion dollars. It ended 2009 with a $6 billion dollar budget

umka21 [38]

Answer:

$526 billion

Explanation:

If at the beginning of 2009, a government had a total debt of $540 billion dollars, and it ended 2009 with a $6 billion dollar budget surplus; then in 2010, its budget surplus reached $8 billion dollars. Then the level of total debt would be decreased because:

When a country runs a budget surplus it has a positive effect of reducing the government total debt level of the country.

Hence, the level of government debt will drop from $540 billion from the beginning of 2009 to $526 billion ($540 - $6 - $8) in 2010

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3 years ago

Read 2 more answers

Knowing yourself is the basis for all steps in career planning. is this statement true or false?

Fynjy0 [20]

Of course, the answer for this is <u>TRUE!</u> Career planning needs basis and the best basis you could have is knowing yourself.

How to know yourself as a basis for career planning? You must answer these questions about you:

- Who are you and what do you want to become?

- What are your skills and talents?

- What is your educational background?

- What are your dreams and ambitions?

Among the steps in career planning are:

1. Assessing your abilities, interests, values, and personality to learn more about yourself.

2. Knowing what you desire by determining where, how, and how much money you need to live and survive.

3. Making preparations for an interest-based career will help you get ready for a career.

4. Discovering job trends, transferrable skills, and professional growth will help you maintain your career.

Learn what mentors should teach a recent graduate about career planning if the recent graduate's mentor is explaining the importance of career planning: brainly.com/question/28275628

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3 0

1 year ago

When the output of the collective farms and private plots were compared?

-Dominant- [34]

<span>The private plots were more productive
In collective farms, the land and the operations are mostly owned by the states.
This situation created lack of competition, which demotivates the farm's operators to increase the quality of the farms.
This will lead to private plots gaining more incentives to create a better output from their farms.</span>

5 0

3 years ago

What is the present value of a security that will pay $34,000 in 20 years if securities of equal risk pay 8% annually? Round you

OLga [1]

Answer:

present value = $7296.14

Explanation:

given data

future value = $34,000

time t = 20 year

rate r = 8% = 0.08

solution

we apply here future value formula for get present value that is

future value = present value × $(1+r)^{t}$ .....................1

put her value and we get

$34,000 = present value × $(1+0.08)^{20}$

present value = $\frac{34000}{1.08^{20}}$

present value = $\frac{34000}{4.660}$

present value = $7296.14

4 0

2 years ago

A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%. The firm's capital structur

alisha [4.7K]

Answer:

WACC= 17.95%

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund.

It is calculated using the formula below:

WACC = (We×Ke) + (Wd×Kd)

Ke-cost of equity- 22%

We- equity weight- 100% - 45% = 55%

Kd-After tax cost of debt-10.3%

Wd- 45%

After tax cost of debt = Before tax ×× (1- tax rate)

After tax cost of debt = 13%× (1-0.21) = 10.3%

Cost of equity = 22%

WACC =(0.55× 22%) + (0.45× 13%)=17.95%

WACC= 17.95%

4 0

3 years ago