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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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In economics what does the term market referred to
Taya2010 [7]

I think it is the exchange of goods or services, which can be with or without money.

4 0
3 years ago
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Using the Indirect Method to create the Statement of Cash Flows, which of the following options are correct in describing what m
Gwar [14]

Answer:

a) A gain is subtracted from net income.

d) An increase in operating current assets is subtracted from net income.

e) A decrease in operating current liabilities is subtracted from net income.

Explanation:

Operating activities: It involves those transactions that affect the after-net income working capital. It would subtract the rise in current assets and a decrease in current liabilities while add a decrease in current assets and an increase in current liabilities.  

It would modify those changes in working capital. For addition, the depreciation costs are added to the net income and the loss on the sale of assets is applied, while the gain on the sale of assets is excluded

So, the following options are used-

a) A gain is subtracted from net income.

d) An increase in operating current assets is subtracted from net income.

e) A decrease in operating current liabilities is subtracted from net income.

8 0
3 years ago
The U.S. Supreme Court case United States v. Bagley compels the prosecution to disclose any evidence that the _________ requests
nikdorinn [45]

Hello,

Question - The U.S. Supreme Court case United States v. Bagley compels the prosecution to disclose any evidence that the _________ requests.

Answer - "evidence that the defense requests"

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3 years ago
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Let’s suppose that a lender has established a 90% loan-to-value ratio cutoff as one of its primary underwriting criteria. If a b
sergey [27]

Answer:

77.27% or

(17/22)%

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Explanation:

property value 550,000

haircut 125,000

550,000 - 125,00 = 425,000 mortage value

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The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.

8 0
3 years ago
A profit-maximizing firm will not employ an additional unit of a resource if the marginal product of that unit is greater than t
Lubov Fominskaja [6]

Answer:

The Answer is A) True                                    

Explanation:

The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.

Cheers!

4 0
3 years ago
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