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-BARSIC- [3]
3 years ago
11

Use the following information to determine this company's cash flows from financing activities.

Business
1 answer:
stira [4]3 years ago
6 0

Answer:

The answer is ($183,000)

Explanation:

This section deals with cash flows used to fund(e.g borrowing and repayment of loans) the business

Statement of cash flow(Partial)

Issued common stock for cash----------------------------------------------------------$74,000

Paid cash dividend-------------- ($13,000)

Paid cash to settle a note payable -----------------------------------------------($125,000)

Paid cash to acquire its treasury stock----------------------------------------($119,000)

Net cash flow from financing activities-----------------------------------------($183,000)

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Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,600 monthly. The contract currently sells for $117
Tanzania [10]

Answer:

The monthly return on this investment vehicle is 1.37%

Explanation:

A perpetuity contract is one which lasts forever, It does not any time limit. Live Forever Life Insurance Co will pay $1,600 for indefinite time on today's investment of #117,000.

Monthly return will be calculated using following formula:

Present value of Perpetuity = Perpetuity Received / Interest rate

$117,000 = $1,600 / r

r = $1,600 / $117,000

r = 1.37%

Monthly return on the perpetuity is 1.37% for this perpetuity.

4 0
3 years ago
Which of the following schools is least likely to receive state tax dollars? A. Liberty Baptist University
bagirrra123 [75]
The least likely to receive tax dollars is Liberty Baptist University because of its religious beliefs.
7 0
3 years ago
If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)
Aneli [31]

Answer:

42 days.

Explanation

Note: The full question is attached as picture below

Account receivable turnover ratio = $612,000 / $70,422

Account receivable turnover ratio = 8.69

Account collection period = 365 / 8.69

Account collection period = 42.00230.

Thus, the firm’s sales uncollected for year is 42 days.

7 0
3 years ago
Purchasing professionals need to ________ and ________ in order to find the right supplier.
vovangra [49]

Answer is  tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

To know more about purchasing professional click here:

http//brainly.com/question/27818182

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8 0
2 years ago
After you open your new business is not the best time to
Alexxandr [17]

C. Conduct a research on your product.

You should have already done the research by this stage

6 0
3 years ago
Read 2 more answers
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