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Liula [17]
3 years ago
14

Creative Sound Systems sold investments, land, and its own common stock for $39 million, $15.9 million, and $41.8 million, respe

ctively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.9 million, $25.9 million, and $12.9 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities?
Business
2 answers:
Mnenie [13.5K]3 years ago
8 0

Answer:

Creative Sound Systems should report  $15,9 million as net cash flows from financing activities.

Explanation:

Consider only items relating to financing activities.

Cash flow from  financing activities

Proceeds from Sale of common stock         $41.8 million

Purchased of treasury stock                        ( $25.9 million)

Net Cash flow from Financing Activities       $15,9 million

Sedaia [141]3 years ago
6 0

Answer:

The net cash flows from financing activities is $19.9 million

Explanation:

The net cash flows from financing activities comprises of cash inflows from the issue of common stocks of $41.8 million and the cash outflow expended on purchase of treasury stock of $21.9 million,hence the net cash flows from financing activities is $19.9 million ($41,8 million minus $21.9 million)

Cash inflows and outflows from the sale of land ,equipment ,investments as well as that of patents relate to investing activities of Creative Sound Systems,hence are not included in the calculation of net cash flows from financing activities

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Answer:

10.4%

Explanation:

The formula to calculate the cost of equity is:

Cost of equity= (DPS/MPS)+r

DPS= Dividend per share

MPS= Market price per share

r= Growth rate of Dividends

Cost of equity= (2.77/40.12)+0.0350

Cost of equity=0.069+0.0350

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The company's cost of equity if the current stock price is $40.12 per share is 10.4%.

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3 years ago
. Resource utilization charts based on each activity’s latest start time are said to be based on an ____ schedule. a. as-soon-as
Genrish500 [490]

Answer:

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Explanation:

Primavera P6 is a Project Management Program useful to plan, schedule, execute, and control projects. In scheduling, there are constraints such as the As-Late-As-Possible (ALAP) which is used to delay a project's start without affecting its completion. For manufacturers using the Just-In-Time (JIT) inventory ALAP will be beneficial since the arrival of the raw materials must be delayed until it reaches the plant.

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3 years ago
Brushy Mountain Mining Company's ore reserves are being depleted, so its sales are falling. Also, its pit is getting deeper each
hammer [34]

The question is incomplete. The complete Question is,

Brushy Mountain Mining Company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company's earnings and dividends are declining at the constant rate of 4% per year. If D0 = $2 and rs = 17%, what is the estimated value of Brushy Mountain's stock?

Answer:

P0 = $9.1428 rounded off to 9.14

This answer is for the question above. Change the values and use the same formula if the values differ

Explanation:

The constant growth model of dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under constant growth DDM is,

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Kevin has $20 to spend on summer clothes. He is looking at shirts, shorts, and flip-flops. Shirts are $10, shorts are $15, and f
Elan Coil [88]
<span>Kevin has analyzed the situation well. However, he should also consider the fact that he saved $10 by only purchasing the shirt.

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When a plaintiff seeks to establish that he or she has a legal standing to sue, he must allege a personal stake in the resolution of the controversy. That way, he would properly establish the fact.

Learn more about a Plaintiff here:

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5 0
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