Answer:
The correct answer is A
Explanation:
Financing activities are those activities which involve the cash payments as well as cash receipts, that relate to the external financing of the business and also involve the obtaining of resources from the owners and repay resources to creditors.
The example of financing activities are repayment as well as borrowing of money, issuance of the securities and payment of dividends.
So, from the above options, the one which is reported as the financing activities in the cash flows statement involve is the payment of interest on the bonds payable.
Answer:
None of the answers are correct . Financial managers should evaluate investors aversion to risk in order to make choices according to the investor profile.
Explanation:
Answer:
Paid in capital excess of par is $$309,000
Explanation:
<u>Journal Entries</u>
Debt: Legal services (4,100 hours × $100 per hour) = $410,000
Credit: Common stock (101,000 shares × $1 par) = $101,000
Credit: Paid-in capital - excess of par (Remainder) = $309,000
To record the 101,000 shares compensated by 4,100 legal hours with $1 par value)
In the above transaction common stock issued in excess of par for legal services as compensation instead cash. Hence "legal services" have been debited as issuing company benefited for legal services. "Common stock" and "paid in capital in excess of par" has been credited as this issuing company issuing common stock.
Paid in capital excess of par is $$309,000
Answer:
net operating income that is increase by 52%
Explanation:
given data
operating leverage = 5.2
sales increase = 10%
solution
we get here net operating income that is increase by as
percentage of increase net operating income = operating leverage × sales increase .............................1
put here value we get
percentage of increase net operating income = 5.2 × 10%
percentage of increase net operating income = 52%
