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Maru [420]
3 years ago
11

One of the advantages of information systems for businesses is to take raw data and turn it into information, and then transform

that information into knowledge. The number of people in Florida with incomes below the poverty line is an example of______________.
Business
1 answer:
solniwko [45]3 years ago
5 0

Answer:

Data

Explanation:

Data can be defined simply as facts or statistics or sample collected for information or analysis or reference purposes. Data can also be said to be individual or singular units of information. In this case, the number of people with income below the poverty line is an example of data or raw data.

I hope this helps.

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What amount should Dunbarn report as cash provided (used) by investing activities in its statement of cash flows for the year
Naddik [55]

Complete Question:

Dunbarn Co. had the following activities during the year:

Purchase of inventory$120,000

Purchase of equipment 80,000

Purchase of available-for-sale securities 60,000

Purchase of treasury stock 70,000

Issuance of common stock 150,000

What amount should Dunbarn report as cash provided (used) by investing activities in its statement of cash flows for the year?A. $(120,000)B. $(140,000)C. $(210,000)D. $150,000

Answer:

Dunbarn Co.

The amount Dunbarn Ltd should report as cash provided (used) by investing activities in its statement of cash flows for the year is:

B. $(140,000)

Explanation:

a) Investing outflows:

Purchase of equipment                            $80,000

Purchase of available-for-sale securities  60,000

Total spent on investing activities         $140,000

b) Investing activities are the financial activities that an entity engages in to increase its stock of owned resources.  They include cash inflows and outflows around the acquisition of long-term assets and securities.  These are investments made so that the firm can generate more resources for itself.  The purchase of inventory falls under operating activities, as inventory forms part of the main business of the entity.  The purchase of treasury stock and issuance of common stock are classified as financing activities and not investing activities.  This leaves the purchase of equipment and available-for-sale securities as the only investing activities during the year.

6 0
3 years ago
Identify the corresponding budget(s) from which dollar amounts are transferred directly in constructing each of the following:
alexira [117]

Answer:

The corresponding budgets in column B from which dollar amounts are transferred directly is paired correctly with the budgets listed in Column A.

as shown in the explanation section below

Explanation:

Solution

Given that

COLUMN A                                                        COLUMN B

1.Budgeted Income statement –                      (e)Sales Budget

2.Budgeted Balance sheet –                            (d)Payables Budget

3.Flow  Cash Budget –                                       (a)Direct materials budget

4. cost of goods sold –                                      (b)cost of goods sold Budget

5.production Budget –                                       (c)production Budget

Note: This is the complete question to this example.

Complete question

Identify the budgets in Column B from which dollar amounts are transferred directly in constructing the budgets listed in Column A.

Column A

1. Budgeted income statement

2. Budgeted balance sheet

3. Cash flow budget

4. Cost of goods sold budget

5. Production budget

Column B

a. Direct materials budget

b. Cost of goods sold budget

c. Production budget

d. Payables budget

e. Sales budget

f. Budgeted income statement

8 0
3 years ago
Sharmer Company issues 5%, 5-year bonds with a par value of $1,000,000 and semiannual interest payments. On the issue date, the
nexus9112 [7]

Answer:

$957,349

Explanation:

the market price of the bonds = PV of face value + PV of coupon payments

PV of face value = $1,000,000 / (1.03)¹⁰ = $744,094

PV of coupon payments = $25,000 x 8.5302 (PV annuity factor, 3%, 10 periods) = $213,255

market price of the bonds = $744,094 + $213,255 = $957,349

journal entry to record the issuance of the bonds:

Dr Cash 957,349

Dr Discount on bonds payable 42,651

    Cr Bonds payable 1,000,000

5 0
3 years ago
Hector works as an office assistant for a small, five-person software development start-up. Since it is a relatively new company
gladu [14]

Answer:

The correct answer is letter "A": emotion-focused cognitive coping.

Explanation:

Emotion-focused cognitive coping is a practice by which individuals relieve stressful situations by looking at the bright side of the problem. emotion-focused cognitive coping can be positive when the stressors relievers result in beneficial activities for the individuals (<em>journalizing emotions</em>) or negative when they affect the individuals' lifestyle (<em>drug or alcohol abuse</em>).

7 0
3 years ago
9. Problems and Applications Q9 Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Th
den301095 [7]

Answer: False

Explanation:

The real interest rate is the nominal interest rate adjusted for inflation.

If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.

For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:

= 8 - 4 = 4%

If inflation is instead 2%, real rate would be:

= 8 - 2 = 6%

Real rate would be higher than anticipated.

8 0
2 years ago
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