Answer:
the net cash used (provided) by financing activities is $ 84,600
Explanation:
<em>Under GAAP, the Dividends payment is accounted as a financing Activity.</em>
<u>Cash flow from Financing Activities</u>
Purchase of treasury stock (42,900)
Payment of cash dividend (89,700)
Issuance of common stock 150,700
Retirement of bonds (102,700)
Net Cash flow from financing Activities (84,600)
<span>Planning teams are most effective when (C) the group finds common ground on which to build consensus for action. In a team there are different people with different points of view. To bring these people together in an attempt to find what they all like or have in common will help to focus the group's purpose on their goal for planning.</span>
Answer:
-0.10
Explanation:
To calculate this, we us the formula for calculating elasticity of demand (E) relevant for the demand equation as follow:
E = (P / Q) * (dQ / dP) .............................. (1)
Where,
Q = 30
P = 90
E = -0.3
dQ / dP = b = ?
We then substitute all the value into equation (1) and have:
-0.3 = (90 / 30) * b
-0.3 = 3 * b
b = -0.3 /3
b = -0.10
Therefore, appropriate value for the price coefficient (b) in a linear demand function Q is -0.10.
NB:
Although this not part of the question, but note that how the linear demand function will look can be obtained by first solving for the constant term (a) as follows:
Q = a - 0.10P
Substituting for Q and P, we can solve for a as follows:
30 = a – (0.1 * 90)
30 = a – 9
a = 30 + 9 = 39
Therefore, the linear demand equation can be stated as follows:
Q = 39 – 0.1P
Issuing 25,000 shares of $5 par value common stock for $20 per share.
Cash (25,000 x 20) 500,000
Common stock (25,000 x 5) 125,000
Additional Paid-In Capital (25,000 x 15) 375,000
The net loss will only be reflected as a deduction from retained earnings. Retained earnings is where the net income or net loss of the company will be under in the year-end balance sheet. It is the balance of all income and loss the company has since its inception.
