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arsen [322]
3 years ago
13

22. Analysts who follow Howe Industries recently noted that, relative to the previous year, the company’s net cash provided from

operations increased, yet cash as reported on the balance sheet decreased. Which of the following factors could explain this situation?
a.The company cut its dividend.
b.The company made large investments in fixed assets.
c.The company sold a division and received cash in return.
d.The company issued new common stock.
e.The company issued new long-term debt.
Business
1 answer:
Zanzabum3 years ago
7 0

Answer:

b.The company made large investments in fixed assets.

Explanation:

When company cuts dividend , cash in balance sheet will not reduce . It wii be in the form of reserve.

When company makes investment in fixed asset , its cash will decrease.

When the company sold a division and received cash in return , its cash will increase.

The company issued new common stock , its cash will increase .

The company issued new long-term deb , its cash increases .

So option b is correct.

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Answer:

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garri49 [273]
Carpentry has apprenticeship programs.
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3 years ago
Bill signs a check payable to the order of City Bank, filling in the blanks for the amount with the figures "$100" and "One thou
nirvana33 [79]

Answer: a. $ 0

Explanation:

The check is only payable if the amount in words and amount in figures matches .In this case since they do not match the check is not payable

6 0
3 years ago
A manufacturing company reports the following items:
QveST [7]

Answer:

The cost of goods sold is  $ 4,800.

Explanation:

This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.

The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.

Finished good inventory begining       $ 1,000

Cost of good manufactured                  $ 5,000

Finished good inventory ending           ($ 1,200)

Cost of good sold                                   $ 4,800

5 0
3 years ago
In most situations, asset values do not equal the amount of money that could be realized if the assets were sold.
charle [14.2K]

Answer:

True

Explanation:

The answer to this question is true. The recording of assets is usually done at cost. This is equivalent to the value that was exchanged when the asset was sold. In a country like the United States for example, if an asset such as a land or machine gets to appreciate in value after a period of time, it is not usually revalued. Therefore the answer to this question is true.

4 0
2 years ago
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