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arsen [322]
4 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:
Zanzabum4 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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A gas company in Massachusetts charges $1.30 for 15 ft3 of natural gas (CH4) measured at 20°C and 1.0 atm. Calculate the cost of
Vesnalui [34]

Answer:

$0.0224

Explanation:

First, determine the amount of heat required to raise the temperature of 450 mL water from 20°C to 100°C.

density of water = 1 g/mL  

Use = AH = m(AT)Cp

AH (delta H) = amount of heat required

m = mass of water = 450 mL: (1g/mL) = 450 g

AT(delta T) = temperature difference = 100 - 20 = 80 °C

Cp = specific heat of water (from a table) = 4.18 J/g °C

So,  

AH  = 450 (80) (4.18) = 150 480 J = 150.48 kJ

Second, determine the heat ACTUALLY required

Since 50 % of heat produced (from combustion of methane) are used for water,

heat ACTUALLY required = 2 x 150.48 kJ = 300.96 kJ

Third, determine the amount of methane in the supply (in mole)

Assume ideal gas,

PV = nRT

P = 1.0 atm

V = 17 ft3 = 481.38 L

T = 20 + 273 = 293 K  

R = 0.082 1 L atm K−1 mol−1

n = PV/RT

so,

n = (1 x 481.38)/(293 x  0.0821) = 20.011 mol

Interpretation: 17 ft3 of methane supplied is equivalent to 20.011 mol methane (17 ft3/20.011 mol)

Fourth, determine the heat produced from combustion of methane

The combustion of methane gas is represented by the reaction:

CH4 (g)  +   2 O2 (g) CO2 (g)  +   2 H2O (g)  

heat of combustion =

[heat of formation of CO2 (g) + 2 x heat of formation of H2O (g)] -

[heat of formation of CH4 (g) + 2 x heat of formation of O2 (g)]

From the standard table:

= [ -393.5 kJ + 2x(-241.8 kJ)] - [-74.8 kJ + 2x(0 kJ)]

= - 802.3 kJ  

Interpretation: The combustion of 1 mole of methane produces 802.3 kJ, otherwise known as molar enthalpy (-802.3 kJ/mol)

Fifth, determine the amount of methane required from energy requirement for heating water

heat required = 300.96 kJ

So,  

methane required = 300.96 kJ (1mol/ 802.3 kJ) =  0.3751 mol

Sixth, determine the volume of methane required

Volume methane required = 0.3751 mol (17 ft3/20.011 mol)

= 0.3186 ft3

Finally, the cost required at price rate $1.20/17 ft3

Cost of methane =  0.3186 ft3 ($1.20/17 ft3) =  

$0.0224

6 0
4 years ago
Barbara's Bakery purchased three new 7-year assets last year. She chose NOT to use Section 179 immediate expensing or take bonus
Serggg [28]

Answer:

b. $14,939

Explanation:

Property placed in service in 1st year:  

                                                Amount $

2nd quarter                              15,000

3rd quarter                                6,000

4th quarter                                <u>40,000</u>

Total furnishing at beginning of 2nd Year $61,000

Half Year depreciation rate in 2nd Year  as per Macrs table under "7 years life" assets, the applicable depreciation in the 2nd year is 24.49%

Thus, amount of depreciation expense is allowable in the current (second) year of ownership = $61,000 * 24.49% = $14938.90

6 0
3 years ago
Why can internet banks offer better interest rates and lower fees than tradition banks?
Maurinko [17]
C I think bro Ishtar
6 0
3 years ago
1. The interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the____________ .
horsena [70]

Answer:

1. Discount rate.

2. Increase.

Explanation:

A Federal Reserve Bank is one of the twelve regional banks of the Federal Reserve System in the United States of America. The Federal Reserve Banks are saddled with the responsibility of implementing the monetary policy designed and provided by the Federal Open Market Committee (FOMC).

Federal Reserve System also known as the Fed, was created under the Federal Reserve Act which was passed by US Congress in 1913. The Fed began its operations in the year 1914. It's a financial institution which was founded by President Woodrow Wilson and was primarily aimed at backing each banks in order to put a definitive end to the bank panics of the 1800s.

Furthermore, just like all central banks, the Fed is a government financial institution which is saddled with these responsibilities;

1. Controlling the issuance of currency in United States of America: the Fed promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

2. Providing banking services to all the commercial banks in the country: the Fed is the "lender of last resort.

3. Regulating banking activities: it has the power to supervise and regulate banks.

The Federal Reserve Board is the governing body which essentially manages the Federal Reserve System and performs an oversight function on domestic monetary policies.

<em>Additionally, the interest rate that the Federal Reserve Bank (the Fed) charges member banks for loans is known as the discount rate. Also, the Fed can increase the money supply by lowering this rate (discount rate) and thus, empowering the member banks to lend more money.</em>

5 0
3 years ago
What is corporation management
jekas [21]

Answer: The process of leading.

Explanation: The process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, as well as managing company resources and applying them toward attaining the company's objectives.

4 0
4 years ago
Read 2 more answers
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