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AleksAgata [21]
3 years ago
8

Norris Company issued 15,000 shares of $1 par common stock for $25 per share during2012. The company paid dividends of $36,000 a

nd issued long-term notes payable of$330,000 during the year. What amount of cash flows from financing activities will bereported on the statement of cash flows?
Business
1 answer:
mario62 [17]3 years ago
3 0

Answer:

total cash generated from financing activities: 669,000

Explanation:

financing activities

from stock issuance 15,000 x 25 = 375,000

long term-note                                 330,000

dividends paid                                  (36,000)

    total cash generated from financing activities: 669,000

We will calculate the total cash proceeds fro mthe stock issuance, add up the proceeds from the long and decrease it by the dividends paid amount.

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Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch
KengaRu [80]

Answer:

initial investment $100,000

useful life 15 years

cash flow per year = -$2,000 + $12,000 = $10,000

discount rate 5%

discounted cash flow:

1                $10,000/1.05 = $9,524

2               $10,000/1.05² = $9,070

3               $10,000/1.05³ = $8,638

4               $10,000/1.05⁴ = $8,227

5               $10,000/1.05⁵ = $7,835

6               $10,000/1.05⁶ = $7,462

7               $10,000/1.05⁷ = $7,101

8               $10,000/1.05⁸ = $6,768

9               $10,000/1.05⁹ = $6,446

10              $10,000/1.05¹⁰ = $6,139

11               $10,000/1.05¹¹ = $5,847

12              $10,000/1.05¹² = $5,568

13              $10,000/1.05¹³ = $5,303

14              $10,000/1.05¹⁴ = $5,051

15              $10,000/1.05¹⁵ = $4,810

A) discounted pay back period = 14.2 years

B) if the decision rule is a discounted payback period of 3 years, then the project should be rejected

C) the decision rule should be the NPV, which is actually positive since the DPBP is less than 15 years. Only companies that fear premature obsolescence should base their decision on the pay back period. Since this is an electronics company, it is sound to use the pay back period as a decision parameter besides the NPV.

6 0
3 years ago
In a case where two projects are not mutually exclusive and have returns exceeding the cost of capital, the firm should
tangare [24]

Answer:

That two projects are not mutually exclusive means the firm can implement both projects. They should run both because they both have returns exceeding the cost of capital.

Explanation:

8 0
3 years ago
Within the​ growth-share matrix,​ "cash cows" are​ __________.
Flura [38]

Within the​ growth-share matrix,​ "cash cows" are low-growth, high-share businesses or products.

4 0
3 years ago
Identify each person's status as employed, unemployed, "not in the labor force"
Ede4ka [16]

Answer:

Explanation:

a. "not in the labor force" since she is neither working or looking for a job and instead is studying

b. "employed", currently works as a tennis coach

c. "unemployed", she does not have a paying job yet but is looking for one

d. "not in the labor force", does not have a job and is not looking for one at the current moment in his life.

5 0
3 years ago
Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $63,000 per
pshichka [43]

Answer:

Break-even point= 11,500 units

Explanation:

Giving the following information:

Selling price= $20.00 per unit.

Fixed expenses= $63,000 per year.

Break-even point= 9,000 units to break even.

Desired profit= $17,500

First, we need to calculate the unitary variable cost:

Break-even point= fixed costs/ contribution margin

9,000= 63,000 / (20 - unitary variable cost)

9,000*20 - 9,000x= 63,000

180,000 - 63,000= 9,000x

117,000/9,000=x

13= unitary variable cost

Now, we can calculate the number of units:

Break-even point= (fixed costs + desired profit) / contribution margin

Break-even point= (63,000 + 17,500) / (20 - 13)

Break-even point= 11,500 units

3 0
3 years ago
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