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miss Akunina [59]
3 years ago
15

Stellar Corporation engaged in the following cash transactions during 2017. Sale of land and building $194,800 Purchase of treas

ury stock 46,900 Purchase of land 44,700 Payment of cash dividend 91,800 Purchase of equipment 58,200 Issuance of common stock 157,000 Retirement of bonds 102,900Compute the net cash provided (used) by investing activities
Use the information presented for Martinez Corporation to compute the net cash used (provided) by financing activities
Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

The cash provided by investing activities is $91900

Explanation:

The net cash provided or (used) by investing activities is computed thus:

Sale of land and building                     $194800

Purchase of land                                    ($44700)

Purchase of equipment                          ($58200)

Net cash provided by investing activities $91900

The purchase of treasury refers to purchase of own shares from shareholders,hence it is a financing activity

Payment of dividends to shareholders is also a financing activity

Issuance of common stock and retirement of bonds are also financing activity-related,as a result they do not feature in the above computation of cash provided or used by investing activities

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Answer:

greater than both the current yield and the coupon rate.

Explanation:

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When a bond is trading for less than its face value in the market, it's known as a discount bond.

The yield to maturity on a discount bond is greater than both the current yield and the coupon rate. This simply means that the coupon rate is usually lower than the yield to maturity of the discount bond.

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For instance, when a bond is issued at a par or face value of $5,000, at maturity the investor would be paid $5,000. But because bonds are being sold before its maturity, it would trade below its face value.

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3 years ago
MacKenzie Company sold $620 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 5.0% serv
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Answer:

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<em>(To record sales via credit card)</em>

<u>Working</u>

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<h3>Discounted amount </h3>

Using this formula

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Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.

Learn more about Discounted amount  here:brainly.com/question/12965533

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