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3 years ago

The following data are available for Springer Corporation.

Business

1 answer:

Alchen [17]3 years ago

6 0

Answer:

B) $330,000

Explanation:

Cash from operating activities involves the cash inflows and outflows that is realised during normal busines s activities. It is the first section that appears in the statement of cash flows.

Other sources of cash flows is from investing activities and financing activities.

Operating cash flow= Net income+ Depreciation- Taxes +/- Change in working capital

Operating cash flow= 300,000+ 60,000- 15,000+ 30,000- 45,000= $330,000

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Costs that can be easily and conveniently traced to a specific product are called ______ costs.

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Answer:

A direct cost

Explanation:

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2 years ago

In the storming stage of team development, team members will have accepted team goals, be operating as a unit, and, as indicated

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Answer:

B) False

Explanation:

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2 years ago

Which are results of regulation in a mixed-market economy? Check all that apply.

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<u>Answer:</u> Option 1 and Option 5

<u>Explanation:</u>

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3 years ago

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6) For which of the following should you save?

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1 year ago

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Downing Company issues $4,000,000, 8%, 5-year bonds dated January 1, 2020 on January 1, 2020 (ten periods). The bonds pay intere

zlopas [31]

Answer:

$4,525,123.84

Explanation:

The computation of the proceeds from the issuance of the bond is shown below:

Given that

Face Value of Bonds = $4,000,000

Annual Coupon Rate = 8%

So, Semiannual Coupon Rate = 4%

So, Semiannual Coupon = 4% × $4,000,000

= $160,000

Time to Maturity = 5 years

So, Semiannual Period = 10

And,

Annual Interest Rate = 5%

So, Semiannual Interest Rate = 2.5%

Now the proceeds from the issuance of the bond is

= $160,0000 × PVIFA(2.5%, 10) + $4,000,000 × PVIF(2.5%, 10)

= $160,000 × 8.752064 + $4,000,000 × 0.78120

= $1,400,330.23 + $3,124,793.61

= $4,525,123.84

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2 years ago