1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
il63 [147K]
3 years ago
9

Carter Containers sold marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively

. Carter also purchased treasury stock, equipment, and a patent for $21 million, $25 million, and $12 million, respectively. What amount should Carter report as net cash from investing activities?
Business
1 answer:
belka [17]3 years ago
6 0

Answer:

The $8 million is the amount which should Carter report as net cash from investing activities.  

Explanation:

Cash flow from investing activities : It includes all types of transactions whether it is a sale or purchase of fixed assets and intangible assets.

So, the net cash flow amount from investing activities is equals to

= Sale of marketable securities + Sale of land - Purchase of equipment - purchase of patent

= $30 million + $15 million - $25 million - $12 million

= $8 million

The sale of common stock and purchase of treasury stock is a part of financing activities. Hence, it is not considered in the computation part.

Thus, the $8 million is the amount which should Carter report as net cash from investing activities.  

You might be interested in
A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves
WARRIOR [948]

Answer:

. $11.98

Explanation:

D1 = D0(1+g)

D0 = Last dividend

r = Required rate of retrun

g = Growth rate

Stock price formula = D1/(r-g)

Stock price = D0(1+g)/(r-g)

Stock price = 1*(1+0.054) / (0.142-0.054)

Stock price = 1.054 / 0.088

Stock price = 11.97727273

Stock price = $11.98

4 0
2 years ago
Why are junk bonds more popular during a bear market?
Dominik [7]
Many times junk bonds are a high risk bond, but are also a high return. They are more popular during a bear market for this reason only. Sine they have a high return it compensates for the high risk. The junk bonds can also help a persons personal portfolio. Junk bonds also issues with a 10 year term or less. A bear market is when there is a steady drop or stagnation in the market over a period of time. 
6 0
3 years ago
Read 2 more answers
It is important for managers of corporations to act ethically​ ___________. ​(Select the best choice​ below.) A. because a viola
scZoUnD [109]

Answer: B. because it is important for a business to be trusted by investors, customer and the public if it is to succeed

Explanation: Ethics is defined as the set of moral principles and standards or judging whether something is right or wrong and as such, it is quite vital for managers of corporations, firms and businesses to act in an ethical manner. This is because it is important for a business to be trusted by investors, customer and the public if it is to succeed in both the short and long term.

7 0
3 years ago
Market researchers often report discretionary income. Discretionary income is your disposable income minus your fixed expenses.
SOVA2 [1]

The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.

As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.

Now we can calculate the percentage of disposable income that is discretionary as follows;

percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100

% discretionary income = (900 ÷ 2,920) × 100

% discretionary income = 90,000 ÷ 2,920

% discretionary income = 30.82%

Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.

To learn more about discretionary income, click here:

brainly.com/question/15814704

#SPJ4

3 0
1 year ago
Suppose Joe contracts with Marvin to frame out a shop at Joe's ranch for $10,000. During the framing Marvin discovers the costs
Marina CMI [18]

Answer:

unenforceable;

preexisting duty

Explanation:

Preexisting Duty Doctrine

This is simply regarded as when an individual is already under an obligation to do something. It simply states that the rules and guidelines under contract law that shows that if a party to a contract is under a pre-existing duty to perform, then no second thought (consideration) is taken for the modification of the contract. Modification is then voidable.

3 Types of Legal Duties

1.  Public Legal Duties such ad the duty of a police officer to protect lives and properties.

2.  Contractual Legal Duties such as unperformed, preexisting contractual promises etc.

3.  Private Legal Duties such as the duty to follow the law.

Unenforceable Contracts

This is regarded as a contract that cannot be enforced/given consideration or effect by the court of law etc  unless they are settled and corrected according to law.

Kinds of unenforceable contracts

1.) Those entered into in the name of another by one without, or acting in excess of rights or authority;

2.) Those that do not comply with the Statute of Frauds etc.

8 0
2 years ago
Other questions:
  • Which of the following is not a role of accounting in business?
    11·1 answer
  • Which description most closely matches the term: TIME CRITICAL A ) Used for complex operations or introduction of new equipment
    6·1 answer
  • A company has grown in size to the point that it is expanding its operations
    7·2 answers
  • g Select one: a. Capital budgeting analysis for expansion and replacement projects is essentially the same because the types of
    10·1 answer
  • In a society with a market economy, property rights are generally enforced by
    5·1 answer
  • 4. A company expects its September sales to be 15% higher than its August sales of $140,000. Purchases were $75,000 in August an
    7·2 answers
  • During June, Briganti Corporation purchased $81,000 of raw materials on credit to add to its raw materials inventory. A total of
    6·1 answer
  • How a business can be affected by the law of supply
    12·1 answer
  • FindFor Inc. is an e-commerce retail firm that sells a variety of merchandise online. Through services like cash on delivery, ea
    11·1 answer
  • Which term best completes the statement below? Governments can levy ­­­­­­­­­­­­­­­­­­­ _____ and tariffs on imports. A. import
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!