Answer:
Creative Sound Systems should report $18,800,000 as net cash flows from financing activities
Explanation:
Cash flow Financing activities are the funds that the business acquire or paid to finance its main activities, these involve borrowing and repaying short-term loans, long-term loans and other long-term liabilities.
From the question, Cash inflow from Issue of common share and Cash outflow from purchase of treasury stock are the only recognizable Financing activities
Particulars Amount
Cash inflow from Issue of common share $39,600,000
Cash outflow from purchase of treasury stock -$20,800,000
Net cash flows from financing activities $18,800,000
Answer:
Perfection records in it's books an Investment in Associate of $486,000
Explanation:
Hi, your question has missing information, i tried to look for the full question online but I could not find it.
However, I have prepared below explanation to the problem.
When a firm has investments into another firm of less than 50% voting rights in stake but greater than 20% we say that firm has significant influent in the investee. The firm is said to have an Investment in an Associate.
Investments in Associates are always recorded using the Equity Method of Accounting.
<u>Entries for Investment in Associate are :</u>
Debit :Investment in Associate ($1,944,000 × 25%) $486,000
Credit : Share of profits of associate $486,000
Conclusion :
Perfection records in it's books an Investment in Associate of $486,000
Answer:
b. they can be used to produce a variety of products without the need for expensive retooling.
Answer: -2.55%
Explanation:
The formula to calculate Forward Rate is:
Forward Rate = Spot rate X 
where 
is the Interest rate of the overseas country and
is the Interest rate of the domestic country
$0.0052 = 0.005 X 
$0.0052 X 
= 0.005 X 1.0135
$0.0052 X = 0.0050675
= 
= 0.9745 - 1
= - 0.02548
The yield on 180-day risk-free securities in the United States is -2.55%
