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Alisiya [41]
3 years ago
10

Financing cash flows in the statement of cash flows would include which of the following?

Business
1 answer:
iVinArrow [24]3 years ago
4 0

Answer:

c. Repayment of long-term borrowing to the bank.

Explanation:

The third section of the statement of cash flows shows the cash flows from financing activities. These activities are defined as ‘activities that result in changes in the size and composition  of the contributed equity and borrowings of the entity.’ It measures the flow of cash between a firm  and its owners and creditors. Companies often borrow money to fund their operations, acquire  another company or make other major purchases. Here again for investors, the most important  item is cash dividends paid.

Based on the above discussion, the following item shall be included in the financing cash flows.

c. Repayment of long-term borrowing to the bank.

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6 0
2 years ago
If you keep buying despite a price increase, your demand is
rjkz [21]
D. Inelastic. 

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3 0
3 years ago
I contract with you to buy your desk for $100. Is this an example of common law or UCC?
Airida [17]
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The gini ratio for lifetime income is _______ the gini ratio for annual income.
o-na [289]
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4 0
3 years ago
The following is the ending balances of accounts at December 31, 2016, for the Weismuller Publishing Company.
Inessa05 [86]

Answer:

<h2>Weismuller Publishing Company</h2>

Balance Sheet

As of December 31, 2016

Assets:

Current Assets:

Cash                                         $65,000

Accounts receivable 160,000

less Allowance            16,000   144,000

Inventories                               285,000

Prepaid expenses                     148,000

Investments                              140,000    $782,000

Long-term Assets:

Machinery and equipment     320,000

Accumulated

depreciation equipment         110,000     $210,000

Total Assets                                             $992,000

Current Liabilities:

Accounts payable                                       60,000

Interest payable                                          20,000

Deferred revenue                                       80,000

Taxes payable                                             30,000

Notes payable                                             60,000

Total current liabilities                           $250,000

Long-term liabilities:

Notes payable                                           140,000

Equity:

Common stock

Authorized, 800,000 shares at no par

Issued & outstanding, 400,000 shares 400,000

Retained earnings                                  202,000

Total Equity                                           $602,000

Total Liabilities + Equity                       $992,000

Explanation:

a) Data and Calculations:

Weismuller Publishing Company

Unadjusted Trial Balance as of December 31, 2016:

Account Title                           Debits        Credits

Cash                                    $65,000

Accounts receivable            160,000

Inventories                          285,000

Prepaid expenses                148,000

Machinery and equipment 320,000

Accumulated depreciation equipment    $110,000

Investments                         140,000

Accounts payable                                       60,000

Interest payable                                          20,000

Deferred revenue                                       80,000

Taxes payable                                             30,000

Notes payable                                          200,000

Allowance for uncollectible accounts        16,000

Common stock                                        400,000

Retained earnings                                  202,000

Totals                             $1,118,000      $1,118,000

b) Notes Payable:

Current $60,000 ($40,000 + $20,000)

Long-term $140,000 ($200,000 - $60,000)

3 0
3 years ago
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