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xxMikexx [17]
3 years ago
8

Two years ago, Bethel, Inc. bought $47,500 in bonds from another company. This month, it sold half of those bonds for $22,040 an

d purchased the common stock of another company for $1,700. On the statement of cash flows for this accounting period, Bethel would report a net cash:
Multiple Choice
a. inflow of $22,040 from investing activities.
b. outflow of $20,340 from investing activities.
c. outflow of $22,040 from investing activities.
d. inflow of $20,340 from investing activities.
Business
1 answer:
Liono4ka [1.6K]3 years ago
5 0

Answer:

The correct option is D

Explanation:

The net cash will be computed as:

Net Cash = Bonds sold amount - Purchases amount of common stock

where the values are:

Bonds sold amount is $22,040

Purchases amount of common stock is $1,700

Putting the values:

= $22,040 - $1,700

= $20,340

The net cash amounts to $20,340 which is an inflow from the investing activities.

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Shelley wants to cash in her winning lottery ticket. She can either receive sixteen $100,000 semiannual payments starting today,
Arte-miy333 [17]

Answer:

$1,256,000

Explanation:

Data provided in the question:

Number of semiannual payments received = 16

Amount of each payment = $100,000

Annual interest rate = 6%

Thus,

Semiannual interest rate = \frac{6\%}{2} = 3% = 0.03

Now,

Payment = Amount × \frac{(1-(1+i)^{-n})}{i}

or

Payment = $100,000 × \frac{(1-(1+0.03)^{-16})}{0.03}

Payment = $100,000 × 12.56

or

Payment = $1,256,000

5 0
3 years ago
Read 2 more answers
As time passes, fixed assets, other than land, lose their capacity to provide useful services. To account for this decrease in u
natta225 [31]

Answer:

depreciation

Explanation:

Based on the information provided within the question it can be said that the term that is being described in this question is called depreciation. This is the reduction in the value of an asset as time goes by, and is mainly due to the fact that the asset experiences wear and tear and is not in the same condition as it was when it was purchased, therefore there is less demand for it.

6 0
3 years ago
Write merits of one dimensional diagrams ?​
Usimov [2.4K]

Answer:

(i) They are readily understood even by those unaccustomed to reading charts or those who are not chart-minded.

(ii) They posses the outstanding advantage that they are the simplest and the easiest to make.

(iii) When a large number of items are to be compared they are the only form that can be used effectively.

7 0
2 years ago
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If the government owes $10.0 trillion and then borrows $700 billion more this year, this leads toa. a debt of $700 billion and a
77julia77 [94]

Answer:

E:  a debt of $10.7 trillion and a deficit of zero.

Explanation:

Deficits are usually financed by debt. Here the government has incurred an extra debt of $700 billion. The previous debt of $10 trillion may have been due to any reason and not necessarily deficit. However, the passage does not state if the extra debt is due to deficit or not. So it is safe to select option E.

Hence, the government has incurred a total debt of $10.7 trillion and a deficit of zero.

7 0
3 years ago
How old does a senator have to be?
mafiozo [28]

Answer:

<em><u>Article 58.- To be a senator, the same requirements are required as to be a deputy, except age, which will be 25 years old on the day of the election.</u></em>

Explanation:

and i'm mexican

7 0
2 years ago
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