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kiruha [24]
3 years ago
13

During the year, ABC had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowin

g, $6,000; payment to suppliers, $5,000; payment of dividends, $1,000, payment to workers, $2,000; payment for machinery, $8,000. What amount would be reported for net financing cash flows on the Statement of Cash Flows?
Business
1 answer:
shusha [124]3 years ago
8 0

Answer:

$5,000

Explanation:

The computation of the amount that should be reported  for net financing cash flows is shown below:

Cash flows from financing activities

Receipt from the bank for long-term borrowing $6,000

Less: dividend paid -$1,000

Net cash flows from financing activities $5,000

The positive amount represents the cash inflow and the negative amount represent the cash outflow and the same is to be considered

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You own a house that you rent for $1,400 per month. The maintenance expenses on the house average $260 per month. The house cost
Anni [7]

Answer:

$232,760

Explanation:

you must first determine the market value of your house = appraisal value - sales expenses = $253,000 - $20,240 = $232,760

the market value of the house is your opportunity cost of using the house as an office.

opportunity costs are the extra costs or benefits lost resulting from choosing one investment or activity over another alternative.

3 0
3 years ago
What time peropd allows an insured's life insurance policy to remain in force even if the premium was not paid on tje due dates?
Maru [420]

Grace period allows an insured's life insurance policy to remain in force even if the premium was not paid on the due date.

<h3>What is grace period?</h3>

A life insurance policy won't lapse during the grace period even though a payment is past due after a missed insurance premium is due. Every state in the US requires the grace period, a highly helpful provision, to be included in every life insurance policy. Depending on the rules of each state, the minimum grace period is from 28 to 31 days; however, some businesses may grant extended grace periods.

When the required number of days have gone, the grace period formally ends at the close of business on the day the missing premium payment is due. The grace period in a whole life, universal life, or variable universal life policy would only be applicable if the premium payment was past due and there was no cash value left in the policy. It is unlikely that a policy will enter "grace period status" if a premium payment is missed if cash value is still present as long as it may be utilised to pay the premium or at the very least draw a loan to pay the premium.

To learn more about grace period, visit:

brainly.com/question/27961437

#SPJ4

7 0
2 years ago
Match each important word with the phrase that best defines it.
Artyom0805 [142]

report the other answers it’s a virus
5 0
3 years ago
In 2013, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 143,929,000 were employed, 11,460,000 were
xz_007 [3.2K]

Answer:

A

Explanation:

To calculate the adult population, we simply make use of the data available from the BLS.

We can simply make the calculations by adding the number of employed Adult Americans to the number of unemployed adult Americans.

We simply do not have any business with the number not in labor force because they are actually part of those that are employed but are not just in the labor force.

The adult population is thus:

143,929,000 + 11,460,000 =155,389,000

6 0
4 years ago
Southern Corp. has a debt-to-equity ratio of 1.75 and total assets of $275 million. Southern is considering issuing another $20
liberstina [14]

Answer:

1.625

Explanation:

Debt to equity ratio = Debt ÷ Equity

or

1.75 = Debt ÷ Equity

or

Debt = 1.75 × Equity

also,

Total assets = Debt + Equity

or

$275 million = 1.75 × Equity + Equity

or

$275 million = 2.75 × Equity

or

Equity = $100 million

Therefore,

Debt = $275 million - Equity

= $275 million -  $100 million

= $175 million

Now,

after issuance,

Total debt = $175 million + $20 million

= $195 million

and,

Equity = $100 million + $20 million

= $120 million

Therefore,

Southern’s debt-to-equity ratio after the issuance

= $195 million ÷ $120 million

= 1.625

7 0
3 years ago
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