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arlik [135]
3 years ago
10

Randal Corporation recorded the following activity for the year just ended: Proceeds from sale of property $300,000 Cash receive

d from customers $120,000 Issuance of common stock $180,000 Issuance of bonds payable $500,000 Dividends paid to stockholders $130,000 Purchase of equipment $400,000 The net cash provided by (used in) investing activities for the year was: $100,000 ($100,000) ($400,000) $400,000
Business
1 answer:
andreev551 [17]3 years ago
5 0

Answer: $100,000 outflow

Explanation: Investing activities refers to those activities in a  cash flow statement that are related to purchase or sale of long term assets. The sale of assets results inflow of cash and purchase of assets results in outflow of cash.

In the given case, it can be computed as follows :-

cash flow from investing activities = sale of property - purchase of equipment

                                                             = $300,000 - $400,000

                                                             = $100,000 outflow

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A FLSA covered enterprise is the related activities performed through unified operation or common control by any period or perso
alexandr402 [8]

Answer:

Is an activity or a public agency

Explanation:

The FLSA represents the Fair Labor Standards Act. It is a federal law and it sets the minimum amount of wages, the record, the overtime as well as employment standards. FLSA stipulates an employee coverage either as an individual coverage or an enterprise coverage

For the enterprise cover as required in this question, an enterprise can only be covered if

1. The enterprise has minimum of two employees

2. The annual volume of sales is a minimum of $500,000

3. The enterprise can also be covered if it carries out activities such as providing medical care for its people, providing preschools or main (secondary or university) schools for children or the enterprise is an hospital. It is also covered if it is a public or government agency.  In order words <u>an activity or a public agency. </u>

6 0
3 years ago
The average starting salary for graduates at a university is $33,000 with a standard deviation of $2,000. If a histogram of the
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Answer:

Approximately $37000

Explanation:

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5 0
2 years ago
Transactions for the Oleg Thorn Company for the month of June are presented below.
AlekseyPX

Answer:

The Journal entry for each of the transaction is as follows:

(i) On June 1,

Cash A/c Dr. $5,000

     To Oleg Thorn's capital A/c $5,000

(To record the capital invested)

(ii) On June 2,

Equipment A/c Dr. $3,600  

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(iii) On June 3,

Rent Expense A/c Dr. $800

          To cash A/c                $800

(To record the rent paid)

(iv) On June 12,

Accounts receivable - K. Johnsen A/c Dr. $400

                To service revenue                               $400

(To record the service revenue)

The accounts to be debited and credited for each transaction is as follows:

(i) On June 1,

Debit = Cash and Credit = Oleg Thorn's capital

(ii) On June 2,

Debit = Equipment and Credit = accounts payable

(iii) On June 3,

Debit = Rent Expense and Credit = cash

(iv) On June 12,

Debit = Accounts receivable - K. Johnsen and Credit = service revenue

6 0
3 years ago
A good financial plan does not include an insurance plan.<br> true<br> false
Yuliya22 [10]
The answer is false a good financial plan requires an insurance plan
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Read 2 more answers
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