Which situation best illustrates an effect of the law of supply?

For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa

Yanka [14]

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

4 0

3 years ago

How would you advise Johnson & Johnson on addressing the claim that their talcum powder (baby powder) causes ovarian cancer?

victus00 [196]

Answer:

An example email to the company:

Dear Sirs:

I have recently been in contact with some sources that have told me that you baby Powder may be causing ovarian cancer. I would respectfully ask you to look into this issue, as your product may be harming young children.

Thank you for your time,

_Your name herE_

6 0

3 years ago

Read 2 more answers

According to the CAPM, what is the expected market return given an expected return on a security of 17.2%, a stock beta of 1.6,

seropon [69]

Answer:

Expected market return is 13%

Explanation:

CAPM is used to calculate the expected return on an asset for decision making to add any further asset to a well diversified portfolio. It involves different factors like market risk premium, asset beta and risk free rate as well to calculate a return rate which is expected to obtain from underline asset or investment.

As per given data

Expected return = 17.2%

Stock beta = 1.6

Risk free rate = 6%

According to CAPM

Expected Return on security = Risk free rate + Stock beta ( Market Risk Premium )

17.2% = 6% + 1.6 × ( Market Risk Premium )

17.2% = 6% + 1.6 × ( Market return - Risk free rate )

17.2% = 6% + 1.6 × ( Market return - 6% )

17.2% - 6% = 1.6 × ( Market return - 6% )

11.2% = 1.6 × ( Market return - 6% )

11.2% / 1.6 = Market return - 6%

7% = Market return - 6%

7% + 6% = Market return

Market return = 13%

3 0

3 years ago

On October 1, 2021, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5

Komok [63]

Answer:

Decrease by $80,000

Explanation:

The journal entries are shown below;

Retained earning Dr $80,000 (8,000 shares × $10)

To Common stock $40,000 (8,000 shares × $5)

To Paid in capital in excess of par $40,000 (8,000 shares × $5)

(Being the retained earning is recorded)

So by passing this journal entry we get to know that the retained earning will decreases by $80,000

8 0

3 years ago

In its first month of operations, Larkspur, Inc. made three purchases of merchandise in the following sequence: (1) 135 units at

Fed [463]

Answer:

Ending inventory under:

FIFO = $3655

LIFO = $3385

Explanation:

Ending Inventory under FIFO

These 320 units purchased at the end will make up the ending inventory,

135 units at $12 = $1620

(320-135 = 185) 185 units at $11 = $2035

Total cost of ending inventory = $3655

Ending Inventory under LIFO

The 320 units under LIFO will be the ones purchased at the start.

135 units at $10 = $1350

(320-135 = 185) 185 units at $11 = $2035

Total cost of ending inventory $3385

7 0

3 years ago