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Pepsi [2]
4 years ago
7

ABC Inc. has $100 in cash on its balance sheet at the end of 2017. During 2018, the firm issued $450 in common stock, reduced it

s notes payable by $40, purchased fixed assets in the amount of $750, and had cash flows from operating activities of $315. How much cash did ABC Inc. have on its balance sheet at the end of 2018?
Business
1 answer:
Levart [38]4 years ago
7 0

Answer:

$75

Explanation:

The following operations represent an increase in cash on the balance sheet: issuing common stock and cash flows from operating activities.

The following operations represent a decrease in cash on the balance sheet: reducing notes payable and purchasing fixed assets.

Since the initial balance was $100, the balance at the end of 2018 is:

B=\$100+\$450+\$315-\$40-\$750\\B=\$75

ABC Inc. has $75 on its balance sheet at the end of 2018.

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An investor has a 25% chance of making $1000 if the stock market is good, and a 50% chance of making $600 if the market is avera
tester [92]

Answer:  $350

Explanation:

The expected monetary value is the weighted average of the outcomes.

25% - Stock Market is good

50% - Stock Market is average

25% - Stock market is bad

Expected Monetary Value = ( 0.25 * 1,000) + (0.5* 600) + ( 0.25 * -800)

= 250 + 300 - 200

= $350

6 0
4 years ago
Moshi and her best friend have phrases they use with each other that have specific meanings. For example, when they’re upset abo
Bingel [31]

Answer:

Moshi and her best friend have agreed on the meanings of each of the symbols.

Explanation:

A symbol is a thing that is used to represent something else, particularly when a physical object is used to represent an abstract thing.

Therefore, those phrases used by Moshi and her best friend are symbols they have jointly agreed upon to use as representations specific meanings. They are effective because of their joint agreement on them. Any other phrases that they have not jointly agreed upon will have no meaning to them and they will not be effective.

4 0
3 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
PilotLPTM [1.2K]

Answer:

The number of units the company would have to manufacture during the year would be 780,000 units

Explanation:

To find out how much purchase is made, first we have to calculate the production level. The equation for production level is shown below:

Production level = Closing stock of finished goods + Sales - Opening stock of finished goods

= 76,000 + 730,000 - 26,000

= 780,000 units

Rest cost like opening and ending balance of raw material , required gram is irrelevant for computation part. Thus, it is not considered.

Hence, The number of units the company would have to manufacture during the year would be 780,000 units

8 0
4 years ago
______________, a vast network of linked computers, had its origins in the late 1960s, when scientists at the United States Depa
ivann1987 [24]

Answer:

The internet.

Explanation:

The internet refers to a vast, global system of interconnected computer networks.

There's a standard framework for the transmission of informations on the internet, it is known as the internet protocol suite or Transmission Control Protocol and Internet Protocol (TCP/IP) model. One of the very basic rule of the TCP/IP protocol for the transmission of information is that, informations are subdivided or broken down at the transport layer, into small chunks called packets rather than as a whole.

Hence, the standard Internet communications protocols which allow digital computers to transfer (prepare and forward) data over long distances is the TCP/IP suite.

Additionally, WWW simply means World Wide Web. The World Wide Web was invented by Sir Tim Berners-Lee in 1990 while working with the European Council for Nuclear Research (CERN); Web 2.0 evolved in 1999. Basically, WWW refers to a collection of web pages that are located on a huge network of interconnected computers (the Internet). Also, users from all over the world can access the world wide web by using an internet connection and a web browser such as Chrome, Firefox, Safari, Opera, etc.

5 0
3 years ago
Why is a bank more likely to offer you credit if you have a co-signer with good credit?
Gwar [14]
Because if you default on the loan they will go after the co-signer for the balance due. Since the co-signer has good credit he won't want to ruin it and that will make him a good bet that he will pay back the loan.

6 0
4 years ago
Read 2 more answers
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