Answer:
b. -$350,000
Explanation:
The calculation of net cash used in financing activities is shown below:-
Net cash used in cash flow from financing activities = Borrow from bank - Dividend paid + Issue common Stock - Loan repaid
= $1,250,000 - $1,200,000 + $500,000 - $900,000
= -$350,000
Therefore for calculating the net cash used in financing activities we simply applied the above formula.
Answer:
If discount rate is 11.7% Project B should be accepted.
If discount rate is 13.5% both projects should be rejected
Explanation:
If the Net present value of Project A is higher than that of project B, we will accept project A and vice versa.
<u>Under 11.7% Discount Rate</u>
Net Present Value-Project A = -82000 + 34000 / 1.117 + 34000 / 1.117² + 34000 / 1.117³ = $85.099
Net Present Value-Project B = -82000 + 115000 / 1.117³ = $516.029
Project B should be accepted as it has a higher NPV.
<u />
<u>Under 13.5% Discount Rate</u>
Net present Value-Project A = -82000 + 34000 / 1.135 + 34000 / 1.135² + 34000 / 1.135³ = - $2397.49
Net Present Value-Project B = -82000 + 115000 / 1.135³ = - $3347.91
Both projects should be rejected as both have negative NPVs
Answer:
Dr Cash 11,000
Dr Accumulated Depreciation-Equipment 20,000
Equipment 31,000
Explanation:
Preparation of the Journal entry to record the disposition of the equipment
Since we were told that Lewis Company sold
the equipment for the amount of $11,000 in which the Accumulated Depreciation on the equipment to the date of disposal was the amount of $20,000 this means the journal entry to record the disposition of the equipment will be :
Dr Cash 11,000
Dr Accumulated Depreciation-Equipment 20,000
Equipment 31,000
(20,000+11,000)
The answer would be self-discipline
The definition of self-discipline: <span>the ability to control one's feelings and overcome one's weaknesses; the ability to pursue what one thinks is right despite temptations to abandon it.</span>
Answer:
the day is good
Explanation:
im not dead i need a crown please
