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
krok68 [10]
3 years ago
7

Creative Sound Systems sold investments, land, and its own common stock for $31 million, $14.9 million, and $39.8 million, respe

ctively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.9 million, $24.9 million, and $11.9 million, respectively. What amount should the company report as net cash flows from investing activities?
Business
1 answer:
Pie3 years ago
6 0

Answer:

cash generated from investing activites 9.1 millions

Explanation:

proceeds from investment 31 millions

proceeds from land           14.9 millions

purchase of equipment      (24.9 millions)

purchase of patent             (11.9   millions)

cash generated from investing activites 9.1 millions

The purcahse of treasury stock

and the sale of treasury stock (own common stock)

should be disclosure in the financing activities

You might be interested in
In order to accept payments by credit card, online merchants typically must have a merchant account established with a bank or f
vivado [14]

Answer:

A. True

Explanation:

For accepting the payment by credit card or by debit card, the online merchant i.e online seller by whom the individual buys the products online.

The online merchant has an agreement with the merchant account and the bank or financial institution so that the individual can able to pay the amount through online mode to the online merchant and in the same time, the amount is deducted from the individual bank account after placing the order

7 0
3 years ago
Choose a company you frequently buy from.
victus00 [196]
Nikes target market or consumers are athletic individuals. They use the marketing mix that involves athletic products made for professional athletes but can be used for leisurely activities making it more accessible to the general population. Their commercials display fit models wearing Nike brand athletic shoes, clothing, and or using Nike equipment. The company also invests in research to improve product effectiveness and customer satisfaction.
6 0
2 years ago
4. Steel-frame construction relies on the creation of _______ to sustain the weight of the building. A. a steel cage B. mass pro
Sloan [31]

Steel-frame construction relies on the creation of a sound foundation to sustain the weight of the building, because without that all our buildings we have now would suffer from erosion causing the building to shift or even collapse.;


3 0
2 years ago
Firms that charge relatively low prices and offer substantial differentiation are following a best-cost strategy. A best cost st
satela [25.4K]

Answer: The answer is given below

Explanation:

A best-cost strategy is a strategy that is used by companies as they focus on low cost in order to give their customers better value for the money spent on the purchase of goods or services from them. The goal of this strategy is to keep the prices and costs lower when compared with the other competitors that offer similar products.

This strategy can be very successful in retail stores. Retail stores offer similar products to their competitors and using this strategy could help in making the store get more customers and hence push up its income.

For this strategy to work in such industry, firstly, the company will need to study its market very well, get to know its competitors, have a good working relationship with the manufacturers of different products, and have a friendly and amazing staffs who know what is and expected of them. With all these in place, success will be achievable.

An example of a firm in Jacksonville that is following a best cost strategy is

McDonald. The company over the years, has been successful and laid s foundation of offering fast-food meals that are of low prices and affordable.

4 0
3 years ago
Sarah recently bought a bicycle. After a few days of cycling, she realized that she needed a basket on the bicycle to keep her b
Sloan [31]

Answer:

Functional need

Explanation:

Functional need -

It refers to the needs of the human being , which are important for the survival , is referred to as functional need .

These are basic requirements which are important for the day to day activities  of the people .

Hence , from the scenario of the question,

Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .

Hence, the need of basket is the functional need .

3 0
3 years ago
Other questions:
  • Find a mutually profitable price for this acquisition, that is, a price such that, on average or in expectation, the owners of b
    5·1 answer
  • Vanessa is organizing a proposal for a client to buy her company's service what information should she put first in her proposal
    14·2 answers
  • Identify three areas in our daily lives that would benefit from the study of communication. Use specific examples from the site.
    8·2 answers
  • Baxter Company reported a net loss of $13,000 for the year ended December 31. During the year, accounts receivable decreased by
    11·1 answer
  • A ________ is best described as a voluntary arrangement between firms that involves the sharing of knowledge, resources, and cap
    8·2 answers
  • As of December 31, 2017, Armani Company’s financial records show the following items and amounts. Cash $ 10,000 Accounts receiva
    5·1 answer
  • Kylie Co. owns 67% of Jayzee Inc. On their 12/31/2017 pre-consolidation trial balances, Kylie reports $739,972 Liabilities and J
    15·1 answer
  • Larry is assisting a buyer who's making an offer on his client's listing. If Larry is too helpful to the buyer, what might occur
    7·1 answer
  • A comparable property showed adjusted value of $40,000. The property sold two years ago, and the adjustments indicated a 7% annu
    5·1 answer
  • In the figure below, ∆LMN is an equilateral triangle, side \overline {LM} LM is bisected by O, side \overline {LN} LM is bisecte
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!