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slamgirl [31]
4 years ago
10

A company reported that its bonds (a long-term liability) with a par value of $50,000 and a carrying value of $61,000 are sold f

or $64,800 cash, resulting in a loss of $3,800. The amount to be reported on the statement of cash flows under cash flows from financing activities is:
a. $(3,800)
b. $(61,000)
c. $11,000
d. $(64,800)
e. $(11,000)
Business
1 answer:
Dimas [21]4 years ago
8 0

Answer:

c and e

Explanation:

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At May 1, 2020, Sheridan Company had beginning inventory consisting of 190 units with a unit cost of $7.30. During May, the comp
s2008m [1.1K]

Answer:

$6.71 per unit

Explanation:

The computation of average cost method is given below:-

Beginning Inventory

= 190 units × $7.30

= $1,387

Purchases

= 720 units × $7.30

= $5,256

Purchases

= 590 units × $5.80

= 3,422

Total units = 1,500

Total cost = $10,065

So, average cost per unit

Total cost ÷ Total number of units

= $10,065 ÷ 1,500

= $6.71 per unit

Therefore, to calculate the average cost per unit for May we simply divide 10,065 from 1,500

7 0
4 years ago
Which type of coverage pays an amount per day for hospitalization directly to the insured regardless of the insured's other heal
Diano4ka-milaya [45]

hospital indemnity

A supplemental insurance policy called hospital indemnity coverage is created to cover expenses associated with hospital admittance that might not be reimbursed by other insurance. Workers who are admitted to a clinic or intensive care unit for a covered illness or injury are covered by the plan. Additionally, it is accessible to businesses with as little as two employees.

Since the majority of Americans don't have enough resources to pay for unforeseen medical costs, hospital indemnity coverage can be very useful.1 The plan provides cash directly to workers even if they don't have any out-of-pocket costs. The funds can be used for anything, including: medical copays, deductibles, and ongoing costs like rent, food, and utilities.

To know more about hospital indemnity refer to brainly.com/question/253119

#SPJ4

6 0
2 years ago
High flyer, inc., wishes to maintain a growth rate of 16 percent per year and a debt-equity ratio of 0.90. the profit margin is
Xelga [282]

Answer: The dividend payout ratio is 46.19%.

We follow these steps in order to arrive at the answer:

We begin with the DuPont identity of RoE.

<u>DuPont Identity:</u>

RoE = Net Profit Margin * Asset Turnover Ratio * Equity Multiplier

Now,  

Equity Multiplier = \frac{1}{Debt Ratio}

And Debt Ratio is also expressed as:

Debt Ratio = \frac{D/E}{1+D/E}

where D/E represents the Debt-Equity Ratio.

Substituting the value of D/E ratio from the question in the debt ratio formula above we get,

Debt Ratio = \frac{0.9}{1+0.9}

Debt Ratio = \frac{0.9}{1.9}----(1)

Substituting (1) in the equity multiplier formula above we get,

Equity Multiplier = \frac{1}{\frac{0.9}{1.9}}

Equity Multiplier = \frac{1.9}{0.9}

Substituting Equity Multiplier from above and the relevant numbers from the question in the DuPont identity we get,

RoE = 0.048 * 1.08 * \frac{1.9}{0.9}

RoE = 0.10944

The relationship between RoE and earnings growth rate g is given by the following formula:

RoE = \frac{g}{(1-p)}, where p is the dividend payout ratio.

Plugging in the values in the formula above we get,

0.10944 = \frac{0.16}{(1-p)}

1-p = \frac{0.16}{0.10944}

1-p = 1.461988304

p = 0.461988304 or 46.19%

3 0
3 years ago
Help me out, please.
AlekseyPX

Answer:

a) Sub total of Kevin's order = $49.99

b) Total of Kevin's order = $62.99

Explanation:

In an invoice, the subtotal for a person's transaction of order is the sum of the item only without the addition of taxes, shipping, credit card fees(if they order and pay for the item online), discounts e.t.c

The total amount for the purchase of an order is the sum total which includes cost of the goods, discounts, taxes, shipping fees e.t.c.

For Kevin,

a) His Subtotal is the cost of his Base ball jacke × number of jackets

= $49.99 × 1

= $49.99

b) Total of Kevin's order

= Cost of his Base ball jacket + Shipping and Handling fee + Credit card fee

Shipping and Handling fee = $10.00 Credit card fee = $3.00

Total = $49.99 + $10.00 + $3.00

= $62.99

6 0
3 years ago
Although most STEM careers require workers to earn bachelor's degrees, high school graduates can qualify for some STEM careers.
pogonyaev

Answer:

D.

Explanation:

7 0
3 years ago
Read 2 more answers
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