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
san4es73 [151]
3 years ago
9

A company reported that its bonds with a par value of $50,000 and a carrying value of $62,000 are retired for $66,000 cash, resu

lting in a loss of $4,000. The amount to be reported under cash flows from financing activities is:
Business
1 answer:
mylen [45]3 years ago
5 0

Answer: Retired for $66000 cash.

Explanation:

Given that,

bonds par value = $50000

carrying a value = $62000

retired for cash = $66,000

Loss = $4000

Issuing bonds are an approach to fund activities. Hence, a sum that is reported in the cash flows from the statement of financial activities.

There is a cash outflow of $66000 from retiring.

The amount to be reported under cash flows from financing activities is retired for $66000 cash.

You might be interested in
Active Feet, a small manufacturer of shoes, hired an additional vice-president and purchased a barrel of synthetic rubber used t
mezya [45]

Answer:

B) overhead cost/cost of goods sold

Explanation:

Overhead costs: all expenses not directly attributed to the production of a good or service (e.g. insurance, legal fees, administrative expenses, etc.)

Costs of goods sold: all costs directly attributed to the production of a good or service (e.g. direct labor, direct materials)

8 0
3 years ago
Which of the following is TRUE about owning a share of stock?
MAVERICK [17]

Answer:

The correct answer is letter "B": Owning a share means you own a percentage of the company.

Explanation:

A share which is also called a stock is a <em>corporate or financial asset ownership unit</em>. Owning some shares in the business entitles the holder to a proportionate amount of the company's profits. Profits are called dividends when they are paid to shareholders.

6 0
3 years ago
Inventory depletion is a warning sign of: Impending inflation. A recessionary gap. Cyclical unemployment. Both a recessionary ga
vovangra [49]

Answer:

Both a recessionary gap and cyclical unemployment.

7 0
3 years ago
Documents in a voucher system
amid [387]

Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B

Explanation:

Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.

Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.

Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.

Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.

Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.

Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.

4 0
4 years ago
The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. wha
Marrrta [24]

The answer is $48.

The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. $48 is the opportunity cost, assuming the seller sells internally

It is calculated as follows:

Opportunity cost= Production cost- Outlay cost

                             = 60-12

                               =$48

Opportunity costs represent the potential benefits which any individual or investor, or  any business misses out on when choosing one alternative over another.

Because the opportunity costs are generally unseen by definition, they can be easily overlooked. Understanding of the potential missed opportunities when any business or any individual chooses one investment over another investment allows for better decision making.

To know more about opportunity cost here:

brainly.com/question/13036997

#SPJ4

5 0
2 years ago
Other questions:
  • Deydey hollows out a piece of basswood to make a trough . if one makes trough by hollowing something out, what does trough mean
    10·2 answers
  • Robert hitchcock is 40 years old today and he wishes to accumulate $500,000 by his 65th birthday so he can retire to his summer
    15·1 answer
  • Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n
    9·1 answer
  • Companies can issue different classes of common stock. Which of the following statements concerning stock classes is CORRECT?a.
    7·1 answer
  • At a meeting to announce a merger with another company, which of the following buzzwords is a business leader MOST likely to use
    14·1 answer
  • The last dividend on Spirex Corporation's common stock was $4.00, and the expected growth rate is 10 percent. If you require a r
    11·1 answer
  • A company rents a building with a total of 100,000 square feet, which are evenly divided between two floors. The space on the fi
    13·1 answer
  • The Doodad Company purchases a machine for $400,000. The machine has an estimated residual value of $20,000. The company expects
    14·1 answer
  • Concord Inc. had beginning inventory of $11,900 at cost and $21,000 at retail. Net purchases were $140,679 at cost and $183,000
    9·1 answer
  • Gathering feature requirements from the customer about the new system primarily occurs during which sdlc phase?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!