Answer:
The cash provided by investing activities is $91900
Explanation:
The net cash provided or (used) by investing activities is computed thus:
Sale of land and building $194800
Purchase of land ($44700)
Purchase of equipment ($58200)
Net cash provided by investing activities $91900
The purchase of treasury refers to purchase of own shares from shareholders,hence it is a financing activity
Payment of dividends to shareholders is also a financing activity
Issuance of common stock and retirement of bonds are also financing activity-related,as a result they do not feature in the above computation of cash provided or used by investing activities
Answer:
Gathering publicly available comparable company information
Creating detailed forecasts for both companies
An accretion/dilution and sensitivity analysis
Determining and calculating items related to the acquisition structure
Answer:
2720 units; 1806 units
Explanation:
Ending Inventory in February = 80% x 1820 = 1456 units
Ending Inventory in January = 80% x 1750 = 1400 units
Budgeted production in January = Budgeted sales in Jan + Ending Inventory in Jan - Begining Inventory in Jan = 1500 + 1400 - 180 = 2720 units
Budgeted production in February = Budgeted sales in Feb + Ending inventory in Feb - Begining Inventory in Feb = 1750 + 1456 - 1400 = 1806 units
First three together in the first I think
Answer:
$28,000
Explanation:
When closing inventory is understated during an year, it would lead to understated profits during the year i.e understated net income for the year 2018.
So, correct pre tax income for 2018 would be,
= reported pre tax income + the amount by which closing inventory was understated
= $25,000 + $2000 = $27000
Now, since the same closing inventory would become the opening inventory for 2019, this means, the opening inventory for 2019 was understated.
When opening inventory is understated, it would lead to inflated net income for the year 2019. Thus, the extent by which the inventory has been understated has to be reduced from the reported pre tax profits for the year 2019.
Hence, correct pre tax income for 2019 would be,
= $30,000 - $2000 = $28000