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rjkz [21]
3 years ago
15

An analysis of comparative balance sheets, the current year’s income statement, and the general ledger accounts of Hailey Corp.

uncovered the following items. Assume all items involve cash unless there is information to the contrary. Indicate where each item should be presented in the statement of cash flows (indirect method) using these four major classifications: operating activity (that is, the item would be listed among the adjustments to net income to determine net cash provided by operating activities under the indirect method), investing activity, financing activity, or significant noncash investing and financing activity. (a) Exchange of land for patent. select an option (b) Sale of building at book value. select an option (c) Payment of dividends. select an option (d) Depreciation. select an option (e) Conversion of bonds into common stock. select an option (f) Issuance of capital stock. select an option (g) Amortization of patent. select an option (h) Issuance of bonds for land. select an option (i) Purchase of land. select an option (j) Loss on disposal of plant assets. select an option (k) Retirement of bonds.
Business
1 answer:
kap26 [50]3 years ago
4 0

Answer: Please refer to Explanation

Explanation:

I shall list the section of the Cash Flow statement that the following should be apportioned to in bold after the statement.

OPERATING ACTIVITY , INVESTING ACTIVITY, FINANCING ACTIVITY, or SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITY.

(a) Exchange of land for patent. SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITY.

(b) Sale of building at book value. INVESTING ACTIVITY

(c) Payment of dividends. FINANCING ACTIVITY

(d) Depreciation. OPERATING ACTIVITY

(e) Conversion of bonds into common stock. SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITY.

(f) Issuance of capital stock. FINANCING ACTIVITY

(g) Amortization of patent. OPERATING ACTIVITY

(h) Issuance of bonds for land. SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITY.

(i) Purchase of land. INVESTING ACTIVITY.

(j) Loss on disposal of plant assets. OPERATING ACTIVITY

(k) Retirement of bonds. FINANCING ACTIVITY.

If you need any more clarification do comment. Cheers.

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Seven months ago, you purchased 580 shares of Mitchum Trading for $70.53 per share. The stock pays a quarterly dividend of $.39
Marina CMI [18]

Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.

<h3>How much dividend income was received?</h3>

The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.

The amount received is:

= Number of share x Number of quarters x dividend per quarter

= 580 x 2 x 0.39

= $452.40

Find out more on dividends at brainly.com/question/25845157.

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3 0
1 year ago
Recent trends that might lead managers of multinational corporations (MNCs) to adopt a more decentralized strategy for their ope
Assoli18 [71]

Answer:

The correct answer is <em>customer needs, interests, and tastes becoming increasingly homogenized.</em>

Explanation:

As the economic recovery is consolidated, many organizations are taking stock of the strategy followed in terms of centralization / decentralization and begin to consider that it can be a good time to bet on decentralized management in areas such as human resources and human resources management. talent.

Decentralized management can be interpreted as a loss of control by the HR management, because it implies a greater degree of autonomy of the various work centers, by now making the zone managers decisions without involving the entire chain of command, as usual.

Thanks to the creation of guided processes, the highest levels of customization and adaptability to the specific needs of each organization can be achieved, so that the degree of independence and the variation of the chain of command are perfectly defined, under control and defined according to The problem of each organization.

5 0
2 years ago
Carl Carpenter buys a drill press. The price, including tax, is $725.00. He finances the drill press over 24 months after making
netineya [11]
First calculate the amount financed
Amount financed=725−50=675

The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44

Total of payments=675+98.44=773.44

Monthly payment is
773.44÷24=32.23

Hope it helps!

7 0
3 years ago
Read 2 more answers
An agent who buys and sells securities from inventory is called a: 1) broker. 2) commission broker. 3) floor broker.4) floor tra
stepladder [879]

Answer:

5) Dealer

Explanation:

1) Broker: A person who arranges a transaction between two parties

2) Commission Broker: The person who executes buy and sell orders on behalf of customers.

3) Floor Broker: The person who executes buy and sell orders on the floor of an exchange and charges his fee for it.

4) Floor Trader: The person who buys and sells for his personal account and owns a trading license.

5) Dealer: An agent who buys and sells securities from inventory.

4 0
2 years ago
Marvel Woodcraft makes furniture. Marvel’s expected sales are 20,000 bookcases for the quarter. The company begins the quarter w
siniylev [52]

Answer:

Total production= 20,600 units

Explanation:

Giving the following information:

Marvel’s expected sales are 20,000 bookcases for the quarter. The company begins the quarter with an inventory of 3,000 bookcases and wants to have enough finished bookcases on hand at the end of the quarter to provide for 15% of the next quarter’s expected sales of 24,000 bookcases.

Sales= 20,000 units

Ending inventory= (24,000*0.15)= 3,600

Beginning inventory= 3,000 (-)

Total production= 20,600 units

5 0
3 years ago
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