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prisoha [69]
3 years ago
8

In Jackson Jones Company, land decreased $270,000 because of a cash sale for $270,000, the equipment account increased $90,000 a

s a result of a cash purchase, and bonds payable increased $300,000 from issuance for cash at face value. The net cash provided by investing activities is ________.a. $270,000. b. $480,000. c. $210,000.d. $180,000.
Business
1 answer:
marin [14]3 years ago
5 0

Answer:

The answer is D. $180,000

Explanation:

Investing activities is about spending on long term asset or long term investments.

Under investing activities in cash flow, what constitutes inflow is the sales of these long term assets like plant and machinery and what constitutes outflow is the purchase of these assets.

In this question, the inflow is the sale of equipment which us $270,000 and outflow is the purchase of equipment for $90,000.

So net cash flow from investing activities is:

$270,000 - $90,000

=$180,000

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How much money is wasted on fraudulent health products each year.
Lubov Fominskaja [6]

Answer:

60 billion

Explanation:

This might help you: The National Health Care Anti-fraud Association (NHCAA) conservatively estimates that 3 percent of all health care spending, or $60 billion, is lost to health care fraud.

Hope this helps :)

Have a nice day!

8 0
2 years ago
Alana lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produc
Elis [28]

Answer:

Free-market

Explanation:

As Alana can import without paying quotas to the government the economy i nthis country is of free-market. The government doesn't try to restrict their citizens from the goods and services offered fro manother countries.

Same is true for the sale of national product to abroa,there is no qupta, tariff or additional cost involved in trade thant those generated from the transactions. It is tax-free to import and export

5 0
3 years ago
​in simone's selling a 300-acre farm to rural investments, inc., she tells the buyer that the land "will be worth twice as much
Alekssandra [29.7K]
If Simone tells Rural Investments Inc. that the land she is trying to sell them will be worth twice a much next year she is giving an estimate or an opinion of that. There is not factual evidence presented to state that the 300-acre farm is going to be worth more in upcoming years. The farm can also depreciate and lose value, so there is no way to truly know until it comes time to sell the land. 
6 0
3 years ago
Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes:
navik [9.2K]

Answer:

Entries are given

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

Account                                                         DEBIT           CREDIT

1

raw material inventory                            300,000  

accounts payable                                                     300,000

                 -

2

work in process inventory- Mixing       210,000                   -  

work in process inventory- Packaging        45,000  

raw material inventory                                               255,000

                 -  

3

Factory payroll                                      258,900                   -  

Wages payable                                                      258,900

                 -  

4

work in process Labor- Mixing              182,500                   -  

work in process Labor Packaging       76,400  

Factory payroll                                                       258,900

                 -  

5

Manufacturing overhead                      810,000                   -  

overhead payable                                                       810,000

                 -  

6

work in process Mixing                             672,000                   -  

work in process Packaging                      144,000  

Manufacturing overhead                                        816,000

                 -  

7

work in process Labor Packaging          979,000                   -  

work in process Labor- Mixing                               979,000

                 -  

8

Finished goods                                  1,315,000                   -  

work in process Labor Packaging                                   1,315,000

                 -  

9

Accounts receivable                             2,500,000                   -  

Sales                                                                                 2,500,000

                 -  

Cost of goods sold                           1,604,000                   -  

Finished goods                                                      1,604,000

4 0
3 years ago
A taxable bond has a yield of 8%, and a municipal bond has a yield of 6%. At what tax bracket, would you be indifferent between
Nataliya [291]

Answer: 25%

Explanation:

Municipal bonds are tax-free which means that the tax bracket that would make you indifferent between the 2 bonds would be the one that brings the after-tax yield on the taxable bond to the same yield as the Municipal bond.

Assume this tax rate to be x.

8% * ( 1 - x) = 6%

8% - 0.08x = 6%

0.08x = 8% - 6%

x = (8% - 6%) / 0.08

x = 25%

4 0
3 years ago
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