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Gala2k [10]
3 years ago
5

Marigold Corp. provided the following information on selected transactions during 2018: Purchase of land by issuing bonds $91000

0 Proceeds from issuing bonds 3100000 Purchases of inventory 3760000 Purchases of treasury stock 609000 Loans made to affiliated corporations 1450000 Dividends paid to preferred stockholders 405000 Proceeds from issuing preferred stock 1530000 Proceeds from sale of equipment 292000 The net cash provided (used) by investing activities during 2018 is___________
Business
1 answer:
Alekssandra [29.7K]3 years ago
6 0

Answer:

-$1,158,000

Explanation:

The net cash flow provided or used by  investing activities is presented below:

Cash flow from investing activities

Proceeds from sale of equipment $292,000

Less: Loans made to affiliated corporations -$1,450,000

Net cash flows used by investing activities is -$1,158,000

The loan made is an outflow of cash while the proceeds from sale of an equipment is an inflow of cash.

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Oak Tree Farms has common stock outstanding at a price of $13 a share. The total market value of the equity is $435,000. How man
vlada-n [284]

Answer:

13,384.62 shares

Explanation:

Current number of shares = $435,000 / $13

Current number of shares = 33461.53846154

Current number of shares = 33,461.54 shares

Stocks outstanding after the reverse stock split = (33,461.54 shares / 5)*2 = 13384.616 = 13,384.62 shares.

So, 13,384.62 shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5.

3 0
4 years ago
Angler Manufacturing makes fishing poles and sells them for $30 each. The firm’s variable costs are $12 per unit, and its total
Zigmanuir [339]

Answer:

3,600 units

Explanation:

Given:

Selling price per unit = $30

Variable cost per unit = $12

Contribution per unit = Selling price - variable cost

                                 = 30 - 12

                                 = $18 per unit

Fixed cost = $54,000

Increase in fixed cost this year = 54,000 × 1.2 = $64,800

Break even point in units = Fixed cost / contribution margin

Since only fixed cost increase and selling price and variable cost remain same, contribution margin will be $18 per unit

Break even point in units = 64,800 / 18

                                           = 3,600 units

4 0
4 years ago
From a legal perspective determine if it is easier for a manager to deal with an employee or independent contractor
Ann [662]
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5 0
4 years ago
Suppose two firms have identical sales, operating costs, employee competence, assets, and financing policies. These firms would
Feliz [49]

Answer:

False.

Explanation:

Profit can be defined as the financial benefit received by a business organization when the total revenue exceeds the total costs. Revenues are as result of the sales while the total costs include; costs of running the business, expenditures and taxes. Profit can be calculated using the formula below;

P=R-C

where;

P=profits

R=total revenue

C=total costs

This can also be expressed as;

Profits=Total revenue-total costs.

In the case above, even if the two firms have identical sales, operating costs, employee competence, assets, and financing policies, they don't have identical tax liability. Tax liability can be defined as the amount of tax that is owed to an authority usually the government. Firms usually differ in the amount of tax they are to pay with regard to numerous factors. One factor is that whether the firm is registered as an S corporation or not. An S corporation is a company that does not pay corporate tax. The taxes in an S corporation are filed on individual incomes thus avoiding double taxation.

3 0
4 years ago
Is this a direct foreign​ investment?
adelina 88 [10]

Answer:

C

Explanation:

A foreign direct investment is a form of controlling ownership/investment in a business in one country's by an entity based in another country. This is to show that since the Saudi business man is making an investment in the form of buying $10 Million stock from IBM it shows that he is expanding the operation of IBM in another country rather than his.  

7 0
3 years ago
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