All categories

3 years ago

Pina Colada Corp. had the following transactions during 2022:

Business

1 answer:

LenaWriter [7]3 years ago

7 0

Answer:

D. $(254100)

Explanation:

CASH FLOW FROM FINANCING ACTIVITIES:

<em>Cash Receipts From:</em>

1. Issuance of Stock $302,500

4. Dividend $(24,200)

10. Repayment of Loan $(532,400)

Net Cash Flow from Financing Activities $(254,100)

2. It is Operational Activity.

3. It is Investing Activity.

5. It is Investing Activity.

6. It is Operational Activity.

7. It is Operational Activity.

8. It is Investing Activity.

9. It is Investing Activity.

You might be interested in

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $35,5

torisob [31]

Answer:

The answer is $38,500

Explanation:

Operating activities: Cash generated or used to run the day-to-day business operations.

Investing activities: Cash used for investing in assets like securities, bonds, equipment, or proceeds from these assets.

Financing activities: Cash generated from loan and/or payments made to reduce loan balances

Ending cash balance = Net Cash from operating activities + net cash from investing activities - net caash from financing activities + Beginning cash balance

Ending cash balance = $35,500 + $13,000 - $16,500 + $6,500

$38,500

6 0

4 years ago

8. True False.

s2008m [1.1K]

False

True

False
False

8 0

3 years ago

The Credit Card Processing unit of a bank receives 60 applications per hour. All applications first go through application proce

Lorico [155]

Answer:

36 applications/hour

Explanation:

Number of application/hour/worker = 60/processing time

Number of application/hour = (60/processing time) * Number of workers

Process No of Processing Number of application Number of

Workers Time (min) /hour/worker application/hour

Application 4 6 10 40

Processing

Credit Check 6 10 6 36

Determine 6 15 4 24

Credit Limit

Issue Card 2 2 30 60

Capacity of credit check in applications per hours = 36 applications/hour

8 0

3 years ago

A client is trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municip

lana66690 [7]

Answer:

Municipal bond

Explanation:

We can clearly find out which bond to select by finding their equivalent taxable yield.

DATA

Coupon rate (corporate bond) = 6.25%

Coupon rate (municipal bond) = 4.75%

Marginal income tax = 28%

Equivalent taxable yield of municipal bond = coupon / (1-tax rate)

Equivalent taxable yield of municipal bond = 4.75% / (1-0.28)

Equivalent taxable yield of municipal bond = 6.6%

Hence municipal bond must be selected having a higher equivalent taxable yield as compared to corporate bond.

4 0

3 years ago

All of the following phrases describe a partnership except

anyanavicka [17]

The answer should be B

3 0

3 years ago