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Pachacha [2.7K]
3 years ago
15

Assuming the company uses US GAAP standards, what is the total cash flow from financing activities?

Business
1 answer:
saveliy_v [14]3 years ago
6 0

Answer:

$30

Explanation:

The cash flows from financing activities will include:

+ issuance of preferred stock

+ issuance of bonds

- paid off long-term bank borrowings

- repurchase of common stock

- dividends paid

cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30

The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.

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A tenant occupying 20,000 square feet in your building has two years remaining on their lease. You have a good relationship with
user100 [1]

Answer: $315000

Explanation:

From the information given in the question, the gross rental income that one will expect to receive for this space in the year after the lease expires goes thus:

= [(75% x 15) + (25% x 18)] x 20,000

= [(0.75 × 15) + (0.25 × 18)] × 20000

= (11.25 + 4.5) × 20000

= 15.75 × 20000

= 315,000

Therefore, the gross rental income is $315000

4 0
3 years ago
On May 3, 2020, Culver Company consigned 60 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers a
Mnenie [13.5K]

Answer:

a) Valuation of Ending Inventory

The total cost of consignment = $28980

Cost of Freezers= 60 freezers *$470= $28200

Shipment Costs $ 780

Per unit Cost of Consignment= $28980 / 60= $ 483

The inventory value of the units unsold in the hands of the consignee

= (60 units - 30 units )* 483= $ 14490

b) Profit for the Consignor

Sales 30 units at $800                                      $24000

<u>CGS 30 units at 483                                         14490 </u>

<u>Gross Profit                                                         9510 </u>

Less

Advertising $200

Total installation costs $350

<u>Commision 6% of 24000= $ 1440                     1990 </u>

<u>Net Profit                                                           $7520 </u>

<u />

<u>c) Remittance was made of $7520 </u>

4 0
3 years ago
g The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $
poizon [28]

Answer:

200% of direct labor cost

Explanation:

The computation of the company overhead application rate is shown below;

But before that overhead cost would be determined

GIP = Direct material + Direct labor + Overhead

$4,400 = $2,000 + $800 + Overhead

So,

Overhead = $4,400 - $2,000 - $800

= $1,600

Now the overhead application rate is

= overhead ÷ direct labor cost

= $1,600 ÷ $800 × 100

= 200%

6 0
3 years ago
The cost of making a shirt is half of what the shirt normally sells for. today, however, the shirt is on a 15% discount from its
Stolb23 [73]
Let the cost of the shirt be y and the price by the which the shirt is sold is 2y.

Now, let's calculate how much does 15% represent from the price of the shirt:
15% discount = (15/100) x 2y = 0.3y
Therefore, the shirt is sold for : 2y - 0.3y = 1.7y

This means that at 15% discount, the shirt is sold at 1.7 of its original cost.
7 0
3 years ago
On january 2, 2017, the matthews band acquires sound equipment for concert performances at a cost of $65,800. the band estimates
ikadub [295]

Answer:

start working on 2019 not 2017 ok

Explanation:

7 0
3 years ago
Read 2 more answers
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