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Dima020 [189]
3 years ago
6

Jean's Vegetable Market had the following transactions during 2017: 1. Issued $50,000 of par value common stock for cash. 2. Rep

aid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities?
Business
1 answer:
maxonik [38]3 years ago
8 0

Answer:

$21,000

Explanation:

Calculation the net cash provided by financing activities

Par value common stock for cash $50,000

LESS Note payable ($22,000)

LESS Cash dividend of ($7,000)

NET CASH $21,000

Therefore the net cash provided by financing activities will be $21,000

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Describe at least four ways you can take money out of a checking account
deff fn [24]

1. ATM

2. Use a debit card at grocery store and get money back

3. Move money between bank accounts

4. Physically withdrawl the money inside the bank.

5. Grocery stores have customer service and for a fee you can withdrawl the money

8 0
2 years ago
Read 2 more answers
Discuss social responsibility and ethics?<br><br>​
LuckyWell [14K]

Answer:

Social responsibility: It is an ethical theory in which individuals are accountable for fulfilling their civic duty.

Social ethics: It refers to guidelines and principle if that group of people who decided to references to in order to be accepted.

8 0
3 years ago
Overview of financial planning
VMariaS [17]

Answer:

1. Operating plan.

2. Operating plan.

3. Financial plan.

4. Dividend policy.

5. B and C.

Explanation:

1. Operating plan: provides detailed implementation guidance for a firm's operations, as well as a forecast of the company's expected future free cash flows.

2. Operating plan: provides the inputs necessary for a risk management evaluation using sensitivity analysis, scenario analysis, or simulations.

3. Financial plan: Is based on knowledge of the amount of funds necessary to compensate the firm's shareholders, and the mix of debt and equity capital used to finance the firm.

4. Dividend policy: sets forth specific targets for cash or share distributions to the firm's shareholders.

Capital structure: describes specific targets for the mix of debt and equity used to finance a firm.

Financial planning can be defined as the process of estimating the amount of capital required for the smooth operations of the business and determine how to achieve the firm's set goals and objectives.

Hence, the following statements are true about financial planning;

I. Once a firm's forecasted financial statements are prepared, the firm must determine how much capital it will need to support these plans.

II. Management must monitor operations after implementing a financial plan to detect deviations from the plan and adjust accordingly.

6 0
2 years ago
Baker Inc. acquired equipment from the manufacturer on 10/1/2018 and gave a noninterest-bearing note in exchange. Baker is oblig
bekas [8.4K]

Answer:

4%

Explanation:

Interest included in $918000 is for six months from 10/1/18 to 4/1/12.

Interest for first three month period from 10/1/18 to 31/12/18 = $9000.

This implies that :

Interest from 1/1/19 to 4/1/19 = $9000.

Principal amount excluding interest due:

= Baker's obligation amount - Accrued interest - Accrued interest

= $918,000 - $9,000 - $9,000

= $900,000

Interest rate:

= [($9,000 × 12/3) ÷ 900000] × 100

= 4%

8 0
3 years ago
write the name of tourism sector related occupation and clarify its importance with reference to nepal​
KiRa [710]

NEPAL TOURISM AND OCCUPATIONS RELATED TO IT

Explanation:

The various tourism sector related occupations include

  • Travel agents
  • Nature park guides
  • Meeting planners
  • Cartographers
  • Tourism professionals
  • Sommelier
  • Tour operator and so on.

<u>IMPORTANCE OF TOURISM WITH REFERENCE TO NEPAL </u>

<u />

  • one among the main importance is the foreign exchange of currency since it has a very higher exchange value compared to other tourism spots.
  • exports to other countries from Nepal are very cheap and several good are produced on a large scale.
  • it offers mountaineering and other type of adventures.
  • cheap way of lifestyle attracts a lot of tourists all over the world.

5 0
3 years ago
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