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sukhopar [10]
3 years ago
12

In 2017, Walker Company issued common stock for $200,000 cash. The company also paid cash dividends of $30,000, and issued a two

-year note payable to purchase equipment for $45,000. Bonds payable increased from the issuance of bonds for $50,000 cash. The statement of cash flows should report net cash provided by financing activities of?
Business
1 answer:
Alexxx [7]3 years ago
8 0

Answer:

The statement of cash flows should report net cash provided by financing activities of $265,000.

Explanation:

Cash Flow from Financing activites:

Common stock issued =     $200,000

Dividend Payment =           ($30,000)

Issuance of note payable = $45,000

Issuance of Bond =             <u> $50,000 </u>

Net cash flow =                     <u>265,000</u>

The statement of cash flows should report net cash provided by financing activities of $265,000.

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Bellue Inc. manufactures a single product. Variable costing net operating income was $115,600 last year and its inventory decrea
Delicious77 [7]

Answer:

absorption costing net operating income = $106400

Explanation:

Manufacturing overhead in inventory =  Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory

Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory

 $4 per unit × (−2,300) = −$9200

Variable costing net operating income =  $115600

subtract fixed manufacturing overhead costs released from inventory

(9200 )  from Variable costing net operating income

Absorption costing net operating income =  Variable costing net operating income -  fixed manufacturing overhead costs released from inventory

Absorption costing net operating income  = 115600 - 9200 =  $106400

5 0
3 years ago
EB11.
GarryVolchara [31]

Answer:

Using High and Low Method  

                            Cost    Miles

                              $

High                     1,250    4,000

Low                      <u>(970) </u>    <u>(3,000)</u>

                            <u> 280 </u>     <u>1,000</u>

Variable cost per mile = $2,800/1,000

                                       =$0.28 per mile                

Explanation:

In this question, there is need to obtain the difference with the highest cost and lowest cost. We also need to calculate the difference between                                                                                                                                                                                                     the highest miles and lowest miles. Finally, we will divide the difference in cost by the difference in miles in order to determine the variable cost per mile.                                                                                                                                                                    

5 0
3 years ago
Target's liabilities exceed owners' equity.<br> a) true<br> b) false
Likurg_2 [28]

Answer: True

Explanation:

As of February 2020, Target Corp's total liabilities were listed to be $30,946,000,000 while its shareholder equity was significantly lower at $11,833,000,000.

Target Corp therefore does indeed have liabilities that exceed owners equity and by a substantial amount. This has also been the trend since at least 2015.

4 0
3 years ago
Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t
Marianna [84]
True. <span>Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms that limit their liability while allowing them to take risks that may lead to greater profits. Organization forms refers to how a company organizes different organizations within the company. A great deal of focus and planning goes into deciding how an organization should structure themselves to be the most profitable. </span>
4 0
3 years ago
Hypotension in a child with blunt or penetrating trauma is particularly significant because?
kifflom [539]

Hypotension in a child with blunt or penetrating trauma is particularly significant because it often indicates the loss of half of his or her blood volume.

<h3>What is a Hypotension?</h3>

This refers to the decrease in systemic blood pressure below accepted low values. There is no accepted standard hypotensive value, but any pressures less than 90/60 are recognized as hypotensive.

Therefore, the condition is significant because it often indicates the loss of half of his or her blood volume.

Read more about Hypotension

brainly.com/question/28039475

#SPJ1

6 0
1 year ago
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