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avanturin [10]
3 years ago
14

Prestige Manufacturing Corporation reports the following items in its statement of cash flows presented using the direct method.

Indicate whether each item is disclosed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement under GAAP or use (NA) if the item does not appear on the statement.1. Payment for equipment purchase. 2. Repayments of bank loan. 3. Dividends paid 4. Proceeds from issuance of stock. 5. Interest paid. 6. Receipts from customers.
Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

1. Payment for equipment purchase =  investing activities (I)

2. Repayments of bank loan = financing activities (F)

3. Dividends paid = financing activities (F)

4. Proceeds from issuance of stock = financing activities (F)

5. Interest paid = operating activities (O)

6. Receipts from customers = operating activities (O)

Explanation:

Operating Activities are activities that generate cash in the ordinary course of business.

Investing Activities are activities that generate cash due to movement in capital expenditure balances

Financing Activities are activities that generate cash due to sourcing of funds or changes in ownership.

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During the Great Depression, factory production fell by almost half and about 25 percent of the nation's workforce was unemploye
Andre45 [30]

Answer: The Government increased their involvement in all economic activities.

Explanation: During the Great Depression, President Franklin D. Roosevelt instituted programs to restore the economy and improve social conditions.

The government’s role in America grew more than in any era before the great depression which includes creation of about twenty three new agencies, Social Security Act was passed and one in seven Americans received a Social Security benefit and more than 90 percent of all workers are in jobs covered by Social Security.

The congress passed the Agricultural Adjustment Act (AAA) to provide economic relief to farmers and the creation of a civil works administration which was a work relief program that gave jobs to many unemployed people.

The programs and institutions that were created above prove to be invaluable to the success and growth of the most powerful nation in the world.

6 0
3 years ago
Recommend four ways to deal with complainer in the work place
d1i1m1o1n [39]
There can be a lot of ways. But here are 4 of it.
- Talk to the person and try to compromise to his complains.
- Give him or her the chance to hold accountability.
- Boost his or her confidence to be able to stand up next time on his own.
- Do not be too much available for them to depend.
4 0
3 years ago
Accents Associates sells only one product, with a current selling price of $70 per unit. Variable costs are 40% of this selling
katrin2010 [14]

Answer:

$20,000

Explanation:

Break-even sales is the point of sales at which the business incur no profit no loss. At this level of sale the business covers all of the variable and fixed cost associated with the product. Break-even is expressed in sales volume and sales value terms.

Current Selling Price = $70

As we know

Sales price = Variable cost + Contribution margin

Sales price = Variable cost ratio + Contribution margin ratio

100% = 40% + Contribution

Contribution = 100% - 40% = 60%

Fixed Cost = $12,000 Per month

Break-even sales  = Fixed Cost / Contribution margin ratio

Break-even sales  = $12,000 / 60% = $20,000

4 0
3 years ago
Economic activity in developing countries is limited at least in part due to limited investment. Investment is limited mostly du
Tpy6a [65]

Inflation is the economic condition in which the interest rate keeps increasing which is beneficial for the lenders. But not a fixed rate lender.

<h3 /><h3>What is Interest Rate?</h3>

Interest rate is the prevailing market rate which the lender of the money gets in return for the money provided as a loan.

If there is a fixed interest contract the lender will get the same percentage of return for the duration of contract, no matter the fluctuation of the interest rate in the market. This is not beneficial when the economy is facing inflation. As whatever be the rate in the market (definitely higher) the lender will get the same percentage of return.

However if there is a variable rate contract the rate is updated and the lender is paid at the updated interest rate. This is beneficial when the economy is facing inflation.

Learn more about interest rates at brainly.com/question/28142837

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4 0
2 years ago
Employees who perceive layoff procedures to be fair tend to continue to support and trust their employers.
gayaneshka [121]

Answer:

True

Explanation:

Employees who perceive that their employers treat them fairly will always support them. This applies to good consequences (raises, awards, etc.) and also bad consequences (layoffs, penalties, wage reduction, etc.). This concept of fairness in power applies to almost all the activities in our lives.

For example, you are playing baseball and you perceive that the umpire is openly biased against you, that will make you feel disappointed, maybe even mad and definitely you will not enjoy the game. The same applies to our teachers and how they treat all the students, or our parents and how they behave with our siblings, etc.  

8 0
3 years ago
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