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MissTica
3 years ago
7

The following transactions occurred last year at Dempsey Inc. Issuance of common stock $ 50,000 Dividends paid to common stockho

lders 3,000 Depreciation expense 6,000 Repayment of principal on the company's own bonds 40,000 Sale of equipment 17,000 Purchase of land 120,000 Based solely on the above information, the net cash flows from financing activities for the year on the statement of cash flows would be Select one:A) $249,000.B) $7,000.C) $(103,000).D) $(6,000).
Business
1 answer:
polet [3.4K]3 years ago
7 0

Answer:

B) $7,000

Explanation:

Dempsey's financing activities include:

  • Issuance of common stock $50,000
  • Dividends paid to common stockholders $3,000
  • Repayment of principal on the company's own bonds $40,000

net cash flow from financing activities = $50,000 - $3,000 - $40,000 = $7,000

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The act of influencing others to accomplish an objective is typically seen in which of the following environments? a. Business e
Juli2301 [7.4K]

Answer:

D- All of the above

Explanation:

Edg. 2021, took the test and got 100 percent

3 0
3 years ago
As a manager, two of Sylvia's strengths are her ability to communicate goals clearly, and her ability to guide, coach, and motiv
lesya692 [45]

Answer:

D, Leading

Explanation:

If Sylvia excels in communicating goals, guiding, coaching, and motivating, I would say that she would be best at D, leading. Leading is a synonym for guiding.

3 0
3 years ago
What activities can a person participate in to be considered actively looking for a job?
zubka84 [21]
job postings. Sending resumes and doing interviews
5 0
3 years ago
Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses
Artyom0805 [142]

Answer:

A) 10,200

Explanation:

Capital balance of both partners :

Cody Jenkins = $39,000

Lacey Tanner = $51,000

Existing capital =. $(39,000 + 51,000) = $90,000

New purchase price - Solano = $24,000

Total capital = $(90,000 + 24000) = $114,000

New capital :

New partner share × total capital

New partner capital = 30 % × 114000 = $34,200

Amount of partner bonus = new purchase price - new partner capital

Amount of partner bonus = 24,000 - 34,200 = - $10,200

Bonus share ratio:

Cody Jenkins and Lacey Tanner share profit and losses equally :

Cody Jenkins and Lacey Tanner :

0.5 × 10,200 = -$5,100

B)

Account. - - - - - - - - - - - - - Debit - - - - - Credit

Cash - - - - - - - - - - - - - - - 24,000

Capital: valerio Solano - - - - - - - - - - - 34,200

Capital: Cody Jenkins - - - 5,100

Capital: Lacey Tanner - - - 5,100

Total - - - - - - - - - - - - - - - 34,200 - - - 34,200

C.)

The purchase price is less than the book value of the 30% percentage of the partnership purchase, valerio Solano purchase price was $24,000 but he was allocated 30% of total capital which is $34,200

4 0
3 years ago
Rula has purchased a new car for $15000. She paid $2,000 as a down payment, and she paid the remaining balance by a loan from he
Ahat [919]

Answer: 4 years

Explanation:

First find the amount Rula borrowed from her hometown bank:

= Price of car - Down payment

= 15,000 - 2,000

= $13,000

The amount that Rula is to pay is an annuity. The loan is the present value of that annuity.

Present value of annuity = Annuity * Present value interest factor of annuity

13,000 = 4,280 * Present value interest factor of annuity

Present value interest factor of annuity = 13,000 / 4,280

= 3.0373

Use an annuity table to find out the year that 12% as a discount rate intersects with, such that the present value of interest factor of annuity is 3.0373.

That number is:

= 4 years

7 0
3 years ago
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