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
oksano4ka [1.4K]
3 years ago
11

Use the following information to determine this company's cash flows from financing activities.

Business
1 answer:
sveta [45]3 years ago
6 0

Answer:

Net cash provided by financing activities     $334,000

Explanation:

The question is to determine the cash flow from the organisation's financing activities as follows.

The statement of Cash flow of an organisation is divided into Cash flow from Operating, financing and Investing activities

A few of the items in the question will not reflect as follows:

1) The net income is part of the operating activities and will not be part of the financing activities

2) The purchase of equipment will be part of the investing activities not financing activities

Cash flows from Financing Activities

       Description                                               Amount ($)

Cash received from the common Stock        71,000

Payment of cash dividends                            16,000

Payment to settle note payable                     130,000

Payment to acquire treasury stock                117,000

Net cash provided by financing activities     334,000

You might be interested in
List the four stages of ability development. Provide an example of a person developing a specific ability. What would each stage
Kay [80]
<span>Jean Piaget was a Swiss philosopher and psychologist who introduced a theory of cognitive development like Sigmund Freud Jean thought human development can be described in stages (of course leaving the sexuality part of Freud out). The stages are:
</span>Sensorimotor. Birth through ages 18-24 months (Explorer)

Preoperational. Toddler-hood (18-24 months) through early youth (age 7) 
(<span> children learn to think abstractly, understand symbolic concepts, and use language etc.)
</span>
Concrete operational. Ages 7 to 12 (Understanding complexities)

Formal operations: Pre-adulthood through adulthood (H<span>ypothetical, and theoretical reasoning)

Shoutout to @Ahmedisaal 

Have an amazing day!

</span>
8 0
3 years ago
Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.
andre [41]

Answer:

Explanation:

The organization is situated in a state with a credit decrease of 1.5 %, in this way we would register its FUTA charge by diminishing the 6% FUTA charge rate by a FUTA credit of just 3.9%, Which is the standard 5.4% credit short the 1.5 % credit decrease  

This would give a compelling FUTA charge pace of 2.1 % for the year  

In states that are not liable to credit decrease, the compelling FUTA charge rate stays 0.6%  

The viable expense pace of FUTA will be 2.1 % for our situation.  

In states that are not liable to credit decrease, the viable FUTA charge rate stays 0.6%  

The powerful duty pace of FUTA will be 2.1 % for our situation.

Taxable payroll = $192,700

FUTA tax liability for the year = 7,000 × 2.1 % = $147 per year which the employer has to deposit

4 0
3 years ago
A monopolistically competitive firm
Elanso [62]

Answer:

a. tries to differentiate its product from competitors' products.

Explanation:

A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services .

An example of a monopolistic competition is a restaurant.

The demand curve for a monopolistic competition is downward sloping which indicates that the demand is elastic.

If in the short run ,a monopolistic competition earns economic profit, in the long run, new firms would enter in the industry wiping out the economic profit. Therefore, in the long run, a monopolistic competition doesn't operate like a monopoly. A monopoly earns economic profit both in the short and long run.

I hope my answer helps you

4 0
3 years ago
Vijay Company reports the following information regarding its production costs. Direct materials $ 9.40 per unit Direct labor $
andriy [413]

Answer:

Unitary cost= $38.2

Explanation:

Giving the following information:

Direct materials $9.40 per unit

Direct labor $19.40 per unit

Variable overhead $ 9.40 per unit

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead) to calculate the unitary cost.</u>

UNitary cost= 9.4 + 19.4 + 9.4

Unitary cost= $38.2

8 0
3 years ago
Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tick
erastova [34]

Full question:

In some states and localities, scalping is against the law although enforcement is spotty

A. Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tickets.

B. Using supply/demand analysis and words, demonstrate what a strongly enforced antiscalping law would likely do to the price of tickets

Answer and Explanation:

A. For the first scenario, a weakly enforced antiscalping law would still allow the resale of tickets as it is not enforced properly. Therefore it's effect on price would remain as though there were no laws restricting scalping( scalping: price increase created by artificial shortage and bulk resale of tickets) . See the attached diagram for the supply and demand curve and price increase as a result of a weak antiscalping law

B. For the second scenario, scalping has no effect on price as antiscalping laws are strong and therefore there is no scalping. Price remains the same and does not change.

In diagram A for first scenario price increases from p1 to p2 and quantity decreases from q1 to q2 to indicate increase in price and quantity decrease for shortage respectively. This shows the effect of scalping on the market with weak antiscalping laws

In diagram B, price and quantity remain the same to show strong antiscalping laws

7 0
2 years ago
Other questions:
  • Gato Inc. had the following inventory situations to consider at January 31, its year-end.
    15·1 answer
  • Medallion Cooling​ Systems, Inc., has total assets of $9,800,000​, EBIT of $2,050,000​, and preferred dividends of $201,000 and
    6·1 answer
  • The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment r
    5·2 answers
  • Which of the following statements is most likely true of market follower strategies? market followers have the resources to expa
    15·1 answer
  • Larry is asked to conduct an STP analysis for his firm. The first step he should perform in this analysis is to: A. develop a bu
    11·1 answer
  • During the current year, the Finn Foundation, a nongovernmental not‐for‐profit organization, received a $1,000,000 permanent end
    8·1 answer
  • Fill in the blanks.
    13·1 answer
  • Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company had no b
    11·1 answer
  • Explain the various segments of the NSE<br>​
    9·1 answer
  • According to information provided in the chapter, McDonald’s has been involved in a variety of corporate social initiatives. Giv
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!