Answer:
$21,000
Explanation:
Given;
net change in cash = $50,000
net cash provided by investing = $5,000
net cash provided financing activities = $14,000
net change in cash = net cash provided by operating + net cash provided by investing + net cash provided financing activities
50000 = net cash provided by operating + 5000 + 14000
net cash provided by operating = 50000 - 5000 - 14000
= 21000
net cash provided by operating is $21,000
Answer:
$7,000
Explanation:
Depreciation: The depreciation is an expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement. It is a non-cash item that does not affect the cash balance.
The computation of the depreciation expense for 2017 is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($78,500 - $8,500) ÷ (10 years)
= ($70,000) ÷ (10 years)
= $7,000
In this method, the depreciation is same for all the remaining useful life
Answer: Delegation.
Explanation:
Dante being the operations manager in his company has delegated, half of the project work to the supervisors working under him. Delegation involves a higher authority giving a duty to a subordinate to carry-out, of which the subordinate must give a report at the end, on how the duty was carried out.
Answer: Paul has a taxable dividend of $15,000.
Explanation:
From the question, we are informed that ABC Corporation has E & P of $240,000 and distributes land with a fair market value of $70,000 (adjusted basis of $25,000) to its sole shareholder, Paul. We are further informed that the land is subject to a liability of $55,000.
The taxable dividend will be the difference between the fair market value of land and the liability on the land. This will be:
= $70,000 - $55,000
= $15,000
Therefore, Paul has a taxable dividend of $15,000.
Answer:
<em>.C. cash cow businesses with an excellent financial fit</em>
Explanation:
With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A. struggling companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.B. companies offering the biggest potential to reduce labor costs.C. cash cow businesses with an excellent financial fit.D. companies that are market leaders in their respective industries.E. companies that are employing the same basic type of competitive strategy as the parent corporation’s existing businesses.
Big businesses are usually the one that acquire distressed companies /. They are called the cash cow because they are basically business, investment, or product that provides a steady income or profit. they possess a large volume of the market share with little investment contribution to it.