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2 years ago

A company had the following cash flows for the year:

Business

1 answer:

BaLLatris [955]2 years ago

3 0

Answer:

$35,000 (inflow)

Explanation:

Net investing cash flows is computed as follows;

Inflow:

Issued common stock $75,000

Sold equipment 40,000

Total $115,000

Less: outflow

Purchased land $60,000

Paid dividends 20,000

Total outflow $80,000

——————

Net investing cash flows $35,000

*positive cash flows (inflow is greater than outflow) will increase the amount cash of the company

*proceeds from the bank classified as financing activity

*paid employees and sold services to customers are fall under operating activities

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Carbondale Casting produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were produced during an

RideAnS [48]

Answer:

(a) 2

(b) 2.25

Explanation:

To solve this question we need to remember that

$Total \, Productivity = \frac{Total\,Ouput}{Total \, Man \, Hours}$

(a) 10 persons produce 160 valves in 8 hours, this implies a productivity of 2=160/(8x10)

(b) 2.25= 180/(8x10)

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3 years ago

Paula is in charge of maintaining good relationships between her organization and local government, business leader groups, and

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Answer:

a. public relations

Explanation:

As the name suggest that public relations means the relations that should be made between the organization and the general public, local government, leader groups, etc. It would create a positive image for the public at large by communicating with the people so that they get to know about the company

Therefore according to the given situation, the option a is correct

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2 years ago

The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate

Lelechka [254]

Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

We simply added the dividend declared amount and deducted the ending dividend payable to the beginning dividend payable so that the accurate amount can come.

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3 years ago

A(n) __________ contract is a contract in which one or both parties has the ability to either withdraw from or enforce the contr

Lera25 [3.4K]

Answer:

Voidable Contract

Explanation:

Voidable Contract

This is a type of contract or legal agreement in which any of the parties involved or the both parties may chose to render it unenforceable for a given number of reasons. This type us different from a void contract in that, it is a valid contract which may either be affirmed or rejected by both or either parties.

Some reasons that may lead to the withdrawal of the contract are misinterpretation, coercion and fraud etc.

It is a valid contract that can be declared invalid. It is different from VOID as earlier pointed out as a void contract cannot be enforced by either party. Examples of voidable contract are found in real estate contract, lawyer contract and so on.

8 0

3 years ago

Read 2 more answers

Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto

Maru [420]

Answer:

$12,600

Explanation:

Particulars Amount

a. Issue common stock for cash $40,000

b. Purchase building and land with cash, -$25,000

c. Provide services to customers on account $6,000

d. Pay utilities on building -$500

e. Collect $4,000 on account from customers $4,000

f. Pay employee salaries -$8,000

g. Pay dividends to stockholders -<u>$3,900</u>

Net Cash Flow <u>$12,600</u>

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2 years ago