Answer:
Cash flows from Financing Activities $4,000
Explanation:
Computation of cash flows from financing activities
Additional short-term borrowings $20,000
Less Cash dividend paid ($16,000)
Cash flows from Financing Activities $4,000
Therefore the Cash flows from Financing Activities will be $4,000.
Answer:
beta of stock B = 1.33
Explanation:
the beta of treasury bills is 0
the beta of stock A = 1.46
the beta of stock B = ?
the portfolio contains equal amounts of each investment and its overall beta is 0.93
0.93 = (0 x 1/3) + (1.46 x 1/3) + (B x 1/3)
0.93 = 0 + 0.4867 + 0.333B
0.93 = 0.4867 + 0.333B
0.4433 = 0.333B
B = 0.4433 / 0.333 = 1.33
Answer:
The correct answer is letter "B": Preparing financial statements such as the balance sheet, income statement, and statement of cash flows.
Explanation:
A trial balance is a worksheet listing the debit and credit balances of all the ledger accounts for an entity. Under accounting theory, the total of all the debits must equal the total of all the credits. Since the trial balance is a list of all the accounts it serves as an accuracy check before the company prepares the financial statements including the <em>Balance sheet, Income </em>and <em>Cash Flows Statements</em>.
Answer:
a. company reputation
Explanation:
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Answer:
the cost of goods sold is $5,940
Explanation:
The computation of the cost of goods sold is shown below:
As we know that
Cost of goods sold is
= beginning inventory + purchase made - ending inventory
= $4,860 + $10,080 - $9,000
= $5,940
Hence, the cost of goods sold is $5,940
We simply applied the above formula so that the correct value could come
And, the same is to be considered