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
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.

You might be interested in
Need answer like, fast.
grigory [225]

Answer:

D

Explanation:

7 0
2 years ago
What is included in a speaking outline that is not included in a working outline?
aivan3 [116]
Idk never heard of this before
3 0
3 years ago
You have just won the state lottery and have two choices for collecting your winnings. You can collect $100,000 today or receive
WINSTONCH [101]

Answer:

The present value Option 1 = $100,000

The present value Option 2 =$97.368,57‬

Explanation:

The formula to calculate Present Values is equal to:

Present Value = FV / (1+r) ∧n

Let´s calculate Present Value for Option 2:

PV1 =   $20,000 / (1+0,10) ∧ 1= $18,181.82

PV2 =  $20,000 / (1+0,10) ∧ 2= $16,528.92

PV3 =  $20,000 / (1+0,10) ∧ 3= $15,026.29

PV4 =  $20,000 / (1+0,10) ∧ 4= $13,660.26

PV5 =  $20,000 / (1+0,10) ∧ 5= $12,418.42

PV6 =  $20,000 / (1+0,10) ∧ 6=  $11,289.47

PV7 =  $20,000 / (1+0,10) ∧ 7= $10,263.16

PV1 + PV2 +PV3 +PV4 + PV5 + PV6 + PV7 = $97.368,57‬

3 0
3 years ago
Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation
ra1l [238]

Answer:

Unit product cost = $107

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

=  $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42  + $31 + $11 + 23

= $107

7 0
2 years ago
Select all the descriptions of NAFTA that are true.
leonid [27]
The best and most correct answer among the choices provided by the question are  the following:

<span>a trade bloc between Canada, U.S., and Mexico
a trade organization that equally benefits all nations
an agreement to only buy goods from the countries involved</span>
Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.
8 0
3 years ago
Read 2 more answers
Other questions:
  • What do you call the second year of high school?
    10·1 answer
  • Mogul Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attem
    10·1 answer
  • Carbohydrates, fats, and proteins, which provide energy
    9·2 answers
  • Salvia Company recently purchased a truck. The price negotiated with the dealer was $40,500. Salvia also paid sales tax of $2,10
    7·2 answers
  • Barker Company paid cash to purchase two identical inventory items. The first purchase cost $18.00 cash and the second cost $20.
    7·1 answer
  • Which of the following products would be used in calculating GDP2
    11·1 answer
  • How do you make a resume for getting a job?
    10·1 answer
  • Which of these can lower the amount of monthly payments on a mortgage?
    9·2 answers
  • Singapore is one of the leading producers of coffee in the world. However, there are a few companies in Singapore that import co
    7·1 answer
  • Tyler Financial Services performs bookkeeping and tax-reporting services to startup companies in the Oconomowoc area. On January
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!