Answer:
cash generated from investing activites 9.1 millions
Explanation:
proceeds from investment 31 millions
proceeds from land 14.9 millions
purchase of equipment (24.9 millions)
purchase of patent (11.9 millions)
cash generated from investing activites 9.1 millions
The purcahse of treasury stock
and the sale of treasury stock (own common stock)
should be disclosure in the financing activities
Cork has to pay preferreds first. Owe 6000 x 6 or 36,000 to preferred holders. So 160k - 36k = $124k left for common.
Answer:
Option (C) is correct.
Explanation:
Return on the stock = (Dividend ÷ Investment) + (capital gain ÷ investment
)
= (Dividend ÷ Investment) + (Final price of the stock - initial price of the stock) ÷ Investment
10 = (1 ÷ 20) × 100 + ((final price - 20) ÷ 20) × 100
10 = 5 + 5 × ( final price - 20)
Final price = 21
Therefore, the stock price should increase by [(21 - 20) ÷ 20] × 100
= 5%
Answer:
20%
Explanation:
Since the gross margin is $20,000 and the gross margin percentage of Pentex is 10%, so from this information we can find out the sales value which is shown below:
Gross profit percentage = Gross profit ÷ sales
10% = $20,000 ÷ sales
So, the sales would be $200,000
Since the Pentex sales is twice of Marbro
So, the Marbro sales would be half of Pentex sales
So, the Marbro sales would be $100,000
Now the Marbro gross profit percentage would be
= $20,000 ÷ $100,000
= $20%
Answer:
Partial balance sheet of Tamarisk, Inc.
<u>Non Current Assets :</u>
Buildings $1,140,000
Less accumulated depreciation—buildings ($652,000) $488,000
Coal mine $509,000
Less accumulated depletion—coal mine ($107,000) $402,000
Goodwill $421,000
Total $1,311,000
Explanation:
The Items above are Non- Current Assets. Non Current Assets are resources expected to generate economic benefits for a period exceeding 12 months.
