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pav-90 [236]
3 years ago
11

The following information is available for Ivanhoe Company for 2017. Cash used to purchase treasury stock $ 167,388 Cash dividen

ds paid 75,864 Cash paid for interest 77,952 Net income 1,615,764 Sales revenue 2,790,960 Cash paid for taxes 344,520 Cash received from customers 1,970,028 Cash received from sale of building (at book value) 687,648 Cash paid for operating expenses 267,960 Beginning cash balance 38,280 Cash paid for goods and services 971,268 Cash received from issuing common stock 1,235,400 Cash paid to redeem bonds at maturity 696,000 Cash paid to purchase equipment 393,936Prepare a statement of cash flows using the direct method.

Business
1 answer:
Kazeer [188]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Explain importance of office resources in points.​
xenn [34]

Answer:

A question is an utterance which typically functions as a request for information, which is expected to be provided in the form of an answer. Questions can thus be understood as a kind of illocutionary act in the field of pragmatics or as special kinds of propositions in frameworks of formal semantics such as alternative semantics or inquisitive semantics. Questions are often conflated with interrogatives, which are the grammatical forms typically used to achieve them. Rhetorical questions, for example, are interrogative in form but may not be considered true questions as they are not expected to be answered.

6 0
3 years ago
Read 2 more answers
Privacy protection in the united states is ________ in europe.
Rus_ich [418]
<span>Privacy protection in the United states is much less stringent than in Europe.

Stringent is another word for strict. European privacy protection laws are much more strict than those in the United States. Privacy protection refers to the means of protecting your privacy and companies are not allowed to give out personal </span>information without confirmation they are allowed to do so. 
7 0
3 years ago
g Samco signed a 5​-year note payable on January​ 1, 2018​, of $ 475 comma 000. The note requires annual principal payments each
Tanya [424]

Answer:

B. a debit to Interest Expense for $ 42 comma 750.

C. a credit to Cash of $ 137 comma 750.

Explanation:

Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.

As per given data

Principal Payment = $95,000

First Interest payment = $475,000 x 9% = $42,750

Total Payment = $95,000 + $42,750 = $137,750

Journal Entry for first payment

Dr. Interest Expense $42,750

Dr. Not Payable         $95,000

Cr. Cash                     $137,750

6 0
3 years ago
Suppose your expenses for this term are as follows: tuition: $10,000, room and board: $6,000, books and other educational suppli
Triss [41]
Opportunity cost is the loss due to forgoing one opportunity to select another one alternative.

In this case, the forgone alternative is the full-time employment and other expenses for the term when the alternative chosen is to be in school. In this case, room and board expenses remain the same whether in school or working full time and thus not considered. The part-time amount earned while at school is subtracted as it would be compensated be during full time employment.

Therefore;
Opportunity cost = $20,000+$10,000+$1,000-$8,000 = $23,000
6 0
3 years ago
You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. What is your maximum possible loss?
Fed [463]

Answer:

The answer is D.

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The maximum possible loss is unlimited because the price increase (which will be at a disadvantage to the investor might not be known).

3 0
3 years ago
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