1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zvonat [6]
3 years ago
15

Review the transactions listed below for thyme advertising company, and classify each transaction as either an operating activit

y, investing activity, or financing activity, or if no cash is exchanged, as a non-cash event. 1. issued common stock to investors in exchange for cash received from investors. entry field with incorrect answer now contains modified data 2. paid monthly rent. entry field with correct answer 3. received cash from customers when service was performed. entry field with correct answer 4. billed customers for services performed. entry field with correct answer 5. paid dividend to stockholders. entry field with incorrect answer now contains modified data 6. incurred advertising expense on account. entry field with correct answer 7. received cash from customers billed in (4). entry field with correct answer 8. purchased additional equipment for cash. entry field with correct answer 9. purchased equipment on account.
Business
1 answer:
soldi70 [24.7K]3 years ago
5 0

Answers:


1.       Financing Activity


2.       Operating Activity


3.       Operating Activity


4.       Non Cash Activity


5.       Financing Activity


6.       Non Cash Activity


7.       Operating Activity


8.       Investing Activity


9.       Non Cash Activity


What to remember:


Operating activities are the kinds of activities the company accomplishes to generate profits. This includes cash out flows and inflows.


Investing activities contain the purchase or sale of long-lived assets used in operating the business, or the purchase or sale of investment securities (stocks and bonds of companies other than Thyme).


Financing activities are borrowing money, issuing shares of stock, and paying dividends.

You might be interested in
Sanjay, the new HR Manager at Charlemagne Tools Inc., examines the application form that the company has been using for the last
Norma-Jean [14]
B, that’s what u got
5 0
3 years ago
You need to accumulate $10,000. To do so, you plan to make deposits of $1,100 per year - with the first payment being made a yea
guapka [62]

Answer:

Explanation:

Using future annuity formula

Fv = Pmt ( (1+r)ⁿ -1 )/ r

\frac{FVr}{Pmt}  + 1 = (1+r)ⁿ

In ( \frac{FVr}{Pmt} + 1) = n In ( 1+r)

n =  In ( \frac{FVr}{Pmt} + 1)  / In ( 1 + r)

FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n =  number of years

n = 0.7297 / 0.11172 = 6.53 years approx 7 years

the last year payment will actually be less than $1,100

6 0
3 years ago
In an unregulated, competitive market consumer surplus exists because:___________.
Paha777 [63]

Answer: some consumers are willing to pay more than the equilibrium price.

Explanation:

Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.

In an unregulated, competitive market consumer surplus exists because some

consumers are willing to pay more than the equilibrium price.

4 0
3 years ago
Intangible Assets and Goodwill: Amortization and Impairment In early 2011, Bowen Company acquired a new business unit in a merge
lianna [129]
I thinks the answer is 400,000 jp I jags need more answers
6 0
3 years ago
What is the term for an interval smaller than a step?.
Svetach [21]

Answer:

Half step

Explanation:

If you're talking about music, then a half step is smaller than a step.

7 0
3 years ago
Other questions:
  • Markets provide the efficient amount of a good or service when externalities are present. monopoly exists. public goods are pres
    6·1 answer
  • We are taught that cleanliness is a vital part of daily life, that antibacterial soaps, cleaning products that completely elimin
    9·1 answer
  • Craft, Inc. normally produces between 120,000 and 150,000 units each year. Producing more than 150,000 units alters the company'
    12·1 answer
  • Greg, a project manager in your company, is falling behind on the project schedule. He has elected to crash the project. What is
    7·1 answer
  • If you are an equity investor how do you make money from your investment?
    15·1 answer
  • Drag the tiles to the boxes to form correct pairs.
    5·1 answer
  • What is a loan? 100 points
    12·2 answers
  • Define equilibrium price, demand schedule, and supply schedule. Then, briefly explain how demand and supply schedules are used t
    6·1 answer
  • Please answer both questions in complete sentences
    6·1 answer
  • What are two recent CSR/CSI initiatives of Woolworths​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!