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
Norma-Jean [14]
3 years ago
10

Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in million

s): Cash paid to acquire machinery $ 31 Reacquired Peridot common stock 57 Proceeds from sale of land 92 Gain from the sale of land 51 Investment revenue received 74 Cash paid to acquire office equipment 87 In its statement of cash flows, Peridot should report net cash outflows from investing activities of:
Business
1 answer:
soldier1979 [14.2K]3 years ago
3 0

Answer:

Peridot should report net cash outflows from investing activities of $26 million

Explanation:

Prepare a Cash flow from Investing Activity Section as follows :

<u>Cash flow from Investing Activity  </u>

                                                                          ($ in millions)

Purchase of Machinery                                             (31)

Proceeds from Sale of land                                       92

Purchase of Office Equipment                                 (87)

Net Cash Flow from Investing Activities                 (26)

The Section only includes Activities relating to Capital Expenditure

You might be interested in
Why is cash flow important to government entities? How does an administrator plan for cash flow? What tools are available for th
vodka [1.7K]

Answer:

Cash flow is important to government entities because:

As with non-government entities, cash flow is important to government organizations because it is required for the operations of any organization regardless of whether they are government-owned or not, for-profit or not.

The measurable difference in the cash balance of any organization from one period to the next is referred to as Cashflow. No business or entity can continue operations if they keep taking out or spending more cash than they can make.

An administrator can plan for cash flow using a Cash Flow Planner.

This can take the form of a simple excel spread sheet  with one column showing on one side all the monies that one is expecting to come in (Account Receivables) and an adjacent column showing all the monies one is expecting to pay out (Account payables).

At the bottom of the excel, you can show the bank balance.

There are specialised apps that help perform this function. An example would be Quickbooks, Planware, Cash Flow Planner, etc.

Cheers!

6 0
4 years ago
You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annuall
vekshin1

Answer:

FV= $6,124.46

Explanation:

Giving the following information:

You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annually,

Annual deposit= $1,400

Number of periods= 4 years

Interest rate= 6%

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,400*[(1.06^4) - 1]} / 0.06

FV= $6,124.46

6 0
3 years ago
Pauline is about to open a new hardware store. She is making decisions regarding lighting, colors, and layout of merchandise. Pa
Morgarella [4.7K]

Answer:

Store atmosphere

Explanation:

There are various techniques used by companies to attract more customers. One of them is to design the shop in the best way possible. Pauline is thinking about designing the place and making decisions about the colours and layout because Pauline understands that the store atmosphere and the looks can certainly affect the customer's purchase decision.

8 0
4 years ago
Three weeks ago, you purchased a July 45 put option on RPJ stock at an option price of $3.20. The market price of RPJ stock thre
Anton [14]

Answer:

$25

Explanation:

We can calculate intrinsic value by intrinsic formula

Formula : intrinsic Value = (purchased price- current price) x 100

intrinsic Value = (45-44.75) x 100

intrinsic  Value =  $25

5 0
3 years ago
To qualify for the quantity discount, which of the following may not be joined together under the definition of any person?
Sedaia [141]

Answer:

C. Father and his 35-year-old son investing in separate account.

Explanation:

Quantity discount when offered relates to one particular account, and not multiple accounts at a time.

In a transaction joint accounts are called as single person where there is only one main account in consideration and no secondary account exists for the same.

As in the given options,

Option A of husband and wife investing in a joint account means a single account is made of which both the husband and wife are controllers.

Option B is of UTMA account which is made for the benefit of the minor child, although involves two people that is parent and child, but is run individually by the parent and is a single account.

Further Option C provides for separate investment accounts , which means two different accounts and therefore are completely different one of father and another of son, thus do not qualify of quantity discount jointly, either of the one account can claim the quantity discount as a person.

4 0
3 years ago
Other questions:
  • One way of shooting a bow is the instinctive aiming method. what is true about this method? you look at the target with the righ
    6·1 answer
  • Ucc article 2 applies to sales transactions between all buyers and sellers.
    9·1 answer
  • One of the most important requirements of a land description is for it to be unambiguous. Which of the following methods of prop
    5·1 answer
  • If you buy the stock and plan to sell it 3 years from now, what are your expected cash flows in (i) year 1; (ii) year 2; (iii) y
    13·1 answer
  • You are tasked with generating twice the amount of qualified leads your company generated last quarter. With your company’s bott
    11·1 answer
  • If sales are $400,000, variable costs are 75% of sales, and operating income is $40,000, what is the operating leverage
    6·1 answer
  • Unemployment is studied as a part of​
    11·1 answer
  • WILL GIVE BRAINIEST 3 SENTENCES OR MORE
    9·1 answer
  • Marginal cost A) is the increase in total cost resulting from producing one more unit. B) is the average cost of production divi
    6·1 answer
  • Help asap please:)))!!!
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!