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
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

You might be interested in
Explain why ethene is a planar molecules while ethyne is a linear molecules​
garri49 [273]

Explanation:

The molecular geometry about a carbon atom in an organic molecule depends on the number of atoms bonded to the carbon. ... In ethylene there are three atoms bonded to the carbon atom; including 2 hydrogen atom and 1 carbon atom) so the geometry is planar.

I hope it help : )

4 0
3 years ago
Read 2 more answers
In the face of demographic pressures dealing with an aging workforce, many employers try to use _____ among their older workers
leonid [27]
In the face of demographic pressures dealing with an aging workforce, many employers try to use  voluntary attrition am<span>ong their older workers through early retirement incentive programs.

voluntary attrition refers to the action taken by the employee to resign him/herself from the workforce. Older employees tend to have lower performance compared to the younger employeess. Offering early retirement benefit will allo the company to do a regeneration among itss workforce.


</span>
4 0
3 years ago
UPS has more than 300 rules, regulations, and standard operating procedures that guide the behavior of its drivers. They use ___
Ivenika [448]

Answer:

The correct word for the blank space is:  bureaucratic.

Explanation:

Bureaucratic control is the implementation of rules, regulations, authority structure, written records, reward systems, and other structured frameworks to regulate employee actions and performance evaluation. This type of strategic management is used when face-to-face communication with employees is not possible so through the set of rules imposed the firm tries to make sure their operations are carried out efficiently.

5 0
3 years ago
There is a fixed cost of $50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. T
dsp73

Answer:

$50,000 + $25x

Explanation:

Given that,

Fixed cost to start a production process = $50,000

Variable cost per unit = $25

Revenue per unit is projected to be $45

Therefore,

Let the number of units produced be x,

The total cost function is as follows:

Total cost = Fixed cost + Variable cost

                 = $50,000 + (Variable cost per unit × Number of units)

                 = $50,000 + $25x

4 0
3 years ago
Who might benefit from a Traditional Economy?
nikitadnepr [17]

Answer:

722

Explanation:

7272

4 0
3 years ago
Other questions:
  • True or False: The State of Florida will revoke your license if you are found guilty of committing a felony for drug possession.
    5·2 answers
  • The economic cost nationwide of alcohol-related motor vehicle crashes annually is almost __________ billion dollars.
    6·2 answers
  • You have been called in as a consultant for the purpose of advising what sales volume quotas for Brand A mouth wash should be es
    7·1 answer
  • PLSSSSSS I NEED THIS ASAP
    7·2 answers
  • The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard
    8·1 answer
  • ____ materials are designed to get you to buy a product or service.
    8·1 answer
  • At December 31, 2017 Sheridan Company had 294000 shares of common stock and 9500 shares of 6%, $100 par value cumulative preferr
    11·2 answers
  • Ed died while employed by Violet Company. His wife collected $40,000 on a group term life insurance policy that Violet provided
    12·1 answer
  • Which of the following is an example of a monetary policy?
    7·1 answer
  • A capital budgeting project has a net investment of $415,000 and is expected to generate net cash flows of $138,000 annually for
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!