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jok3333 [9.3K]
3 years ago
15

Jetson Spacecraft Corp. shows the following information on its 2019 income statement: sales = $214,000; costs = $91,000; other e

xpenses = $6,100; depreciation expense = $9,100; interest expense = $13,300; taxes = $37,800; dividends = $10,100. In addition, you're told that the firm issued $7,900 in new equity during 2009 and redeemed $9,500 in outstanding long-term debt. What is the 2019 cash flow to creditors?
Business
1 answer:
Verdich [7]3 years ago
8 0

Answer:

The 2019 cash flow to creditors is $3,800

Explanation:

The computation of the cash flow to creditors is shown below:

= Interest expense - ending balance of long term debt + beginning balance of long term debt  

= $13,300 - $9,500 + $0

= $3,800

Since beginning balance of long term debt is not given so we assume zero amount.

The other items which are mentioned in the question are not being considered in the computation part. hence, these part are ignored

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This individual has experienced structural mobility

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4 0
2 years ago
A ______ is a firm that produces the entire market supply of a particular good or service
shutvik [7]

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4 0
3 years ago
if companies have identical inventoriable costs but use different inventory flow assumptions when the price of goods have not be
ANEK [815]

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Explanation:

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4 0
3 years ago
The following information pertains to Sheridan Company.
DanielleElmas [232]

Answer:

Adjusted Cash Balance at 31 August 2022 = 9654

Explanation:

Bank Reconciliation Statement at August 31, 2022

Cash Balance as per Bank  August 31,                                         $7338

Add: Deposit in Transit                                                                  $3010

<u>Deduct: Outstanding Checks                                                        ($694 )</u>

<u>Adjusted Cash Balance                                                                  $9,654</u>

<u />

Cash Balance as per books, August 31,                                        $7374

Add: Receivable collected by bank                                               $2326

<u>Less:Bank Service Charges                                                           ($46)     </u>

<u>Adjusted Cash Balance                                                                  $9,654 </u>

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5 0
3 years ago
Gross pay minus deductions is known as take home pay.<br><br> True<br> False
IceJOKER [234]
Gross pay minus deductions<span>. Also </span>called take-home pay<span>. A special checking account used to </span>pay<span> a company's employees. A manual or computerized schedule prepared for each payroll period listing the earnings, </span>deductions<span>, and net </span>pay<span> for each employee.

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6 0
3 years ago
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