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
kati45 [8]
3 years ago
9

1. Classify the following cash flows as either operating (O), investing (I), or financing (F) activities. a) _____ Sold long-ter

m investments for cash. b) _____ Received cash payments from customers. c) _____ Paid cash for wages and salaries. d) _____ Purchased inventories for cash. e) _____ Paid cash dividends. f) _____ Issued common stock for cash. g) _____ Received cash interest on a note. h) _____ Paid cash interest on outstanding notes. i) _____ Received cash from sale of land at a loss. j) _____ Paid cash for property taxes on building.
Business
1 answer:
Serjik [45]3 years ago
6 0

Answer:

  • a) _F_ Sold long-term investments for cash.
  • b) _(O)_ Received cash payments from customers.
  • c) _(O)_ Paid cash for wages and salaries.
  • d) _(O)_ Purchased inventories for cash.
  • e) (F)_ Paid cash dividends.
  • f) _(F)_ Issued common stock for cash.
  • g) _(O)_ Received cash interest on a note.
  • h) _(O)_ Paid cash interest on outstanding notes.
  • i) _(I)_ Received cash from sale of land at a loss.
  • j) _(O)_ Paid cash for property taxes on building.

Explanation:

  • a) _F_ Sold long-term investments for cash.
  • e) (F)_ Paid cash dividends.
  • f) _(F)_ Issued common stock for cash.

Financial Decision are those what are needed to planning the new financial needs, it's necessary to decide the various scources in the capital mix of the firm.

  • b) _(O)_ Received cash payments from customers.
  • c) _(O)_ Paid cash for wages and salaries.
  • d) _(O)_ Purchased inventories for cash.
  • g) _(O)_ Received cash interest on a note.
  • h) _(O)_ Paid cash interest on outstanding notes.
  • j) _(O)_ Paid cash for property taxes on building.

The operatives decision are related to the organization of the business, which things buys and how to pay it, the managment of stock, accounts receivables / payables

  • i) _(I)_ Received cash from sale of land at a loss.

The Investment decision are related to how managed the assets of the company, it includes the amount of assets and composition, these decision are a cost and in a limited quantity.

You might be interested in
What are two inputs to the solution vision?
Bumek [7]

Customer feedback and Strategic Themes are two inputs to the solution vision.

A high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.

The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.

Learn more about solution vision here

brainly.com/question/21278925

#SPJ4

3 0
2 years ago
Chestelle Corporation, a sports equipment manufacturing company, borrows a considerable sum of money as loan from GRJ Bank, a pr
Ymorist [56]

Answer:

Long term liability

Explanation:

Long term liability is defined as the amount of money a business owes that is due above a year. It is liabilities that do not affect the current liquidity of the business and its ability to do business.

In this scenario Chestelle Corporation has borrowed a large amount of money that is due in 4 years. It is due in over a year so it is a long term liability.

Long term liabilities are usually used to purchase capital assets or to make long term investment

3 0
3 years ago
Read 2 more answers
Certain contracts, such as those involving the sale of personal property for $500 or more:_______.
djverab [1.8K]

Answer:

B. Must be written to be enforceable

Explanation:

In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.

These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.

8 0
3 years ago
The Jacksonville Jaguars sell season tickets to NFL football games. There are 10 home games during the season, which runs from A
PIT_PIT [208]

Answer: Deferred income which must be a liability accounts.

Explanation:

Revenue earned on a service is recognised when the service has been performed, it's probable that economic benefits of the services will be enjoyed by the client, the price of the services can be measured reasonably, cost Incurred on the performance of the services can be measured reasonably.

On the above scenario the services has not been perform, the cost of performance cannot be measured, these and more shows that Jaguar cannot recognize the sum as an income but rather as a deferred income(liabilities) which will later be transferred to income accounts as the necessary conditions for recognition as income are met.

8 0
3 years ago
A demand curve:
Arada [10]

Answer:

3. indicates the quantity demanded at each price in a series of prices.

Explanation:

The demand for a product can be described as the quantity that buyers are willing and able to buys at a given price or different prices. As per the law of demand, an indirect relationship exists between the price and demand for a product. This relationship can be expressed in a graph format known as a demand curve or as a table format known as the demand schedule.

A demand curve is downward sloping. It demonstrates how demand varies at different prices.  A change in price cause movement along the demand curve. Low price results in high demand, while high prices result in low demand.

7 0
3 years ago
Other questions:
  • The consideration of future consequences scale is intended to measure the extent to which an individual considers the future whe
    9·1 answer
  • The purpose of the debt covenant that requires maintaining a minimum level of net working capital is to ________.A) protect the
    10·1 answer
  • Jack manages an upscale French restaurant in the Washington, DC, area. His restaurant offers a few specials each evening in addi
    7·1 answer
  • Anderson's Furniture Outlet has an unlevered cost of capital of 8%, a tax rate of 35%, and expected earnings before interest and
    12·1 answer
  • The common stock of the
    14·1 answer
  • Canyon River, Inc. is looking for an individual who has a broad range of interests and is imaginative, creative, artistically se
    13·1 answer
  • Investment X offers to pay you $6,200 per year for nine years, whereas Investment Y offers to pay you $9,000 per year for five y
    10·1 answer
  • Burger King is a cash-basis taxpayer but maintains its financial accounting records using full
    14·2 answers
  • Select the strategies that help to lower the number of search results returned by a search engine or database. (there is more th
    10·1 answer
  • Investors who acquire preferred stock: Multiple select question. will receive more dividends than common stockholders. have pref
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!