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AlladinOne [14]
3 years ago
11

Carla Vista Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: Durin

g the year Carla Vista had repaid existing debt of $313,400 and raised additional debt capital of $649,200. It also repurchased stock in the open market for a total of $44,170. What is the net cash provided by financing activities
Business
2 answers:
ser-zykov [4K]3 years ago
8 0

Answer:

$291,630

Explanation:

The computation of the net cash provided by financing activities is shown below:

Cash flow from financing activities

Less: Existing debt repaid -$313,400

Add: Raised additional debt capital $649,200

Less: Repurchased stock in the open market - $44,170

Net cash provided by financing activities $291,630

We added the additional debt capital and the rest items are deducted

boyakko [2]3 years ago
3 0

Answer:

net cash provided = $291630

Explanation:

given data

Carla Vista had repaid existing debt = $313,400

additional debt capital = $649,200

open market for a total = $44,170

solution

we get here net cash provided that is

net cash provided = additional debt capital  - open market for a total -Carla Vista had repaid existing debt ..................1

we put here value and we get

net cash provided = $649,200 - $313,400 -$44,170

net cash provided = $291630

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John owns a second home in Palm Springs, California. During the year he rented the home for $4,000 for 36 days and used the hous
tekilochka [14]

Answer:

Option (C) is correct.

Explanation:

Total expenses:

= mortgage interest + property tax + utilities and maintenance + Depreciation expense

= $5,000 + $600 +  $900 + $3,500

= $10,000

Proportionate rental expenses = Total expenses × \frac{36\ days}{(36 + 14) days}

Proportionate rental expenses = 10,000 × \frac{36\ days}{(36 + 14) days}

= $7,200

Rental Loss = Rental Income - Proportionate rental expenses

                   = $4,000 - $7,200

                   = -($3,200)

7 0
3 years ago
The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of ope
vitfil [10]

Answer:

Note: See attached excel file for the record of the effect of the given transactions in a horizontal statements model.

In the attached excel file, we have:

Assets = Liabilities + Stockholders' Equity = $152,155

Explanation:

In the attached excel file, we have:

Sales tax payable on sales for November Year 1 = $65,500 * 9% = $5,895

Sales tax payable on sales for December Year 1 = $79,500 * 9% = $7,155

Assets = $152,155

Liabilities + Stockholders' Equity = $7,155 + $145,000 = $152,155

Therefore, the accounting equation is proved as follows:

Assets = Liabilities + Stockholders' Equity = $152,155

Download xlsx
6 0
3 years ago
How can health care professional prepare for working with various groups
rewona [7]

Answer:

https://study.com/academy/answer/how-can-healthcare-professionals-prepare-for-work-with-various-age-groups.html here is where the answer is

Explanation:

4 0
2 years ago
Cox Corporation had 1,200,000 shares of common stock outstanding on January 1 and December 31, year 2. In connection with the ac
AleksandrR [38]

Answer:

$2.56 per share

Explanation:

The formula to compute the diluted earning per share is shown below:

= (Net income reported - preferred stock dividend) ÷ (Outstanding number of shares + additional shares issued)

= ($3,400,000 - $200,000) ÷ (1,200,000 + 50,000)

= ($3,200,000) ÷ (1,200,000 shares)

= $2.56 per share

We simply divided the net income after deducting the preferred stock dividend and then divided it by the total number of shares

4 0
3 years ago
Yesterday, an automobile dealership sold exactly 15 vehicles for a total of $225,000. Did at least one of the vehicles sell for
Lubov Fominskaja [6]

Answer:

Option A is correct

Explanation:

In the question above, we have:

  • 15 vehicles sold for $225,000, therefore, the average price was $225,000/15 = $15,000

A. The median price for the 15 vehicles was $13,000.

If the median price was $13,000, this means that half the cars were at that price or below. For every car that was below $13,000, there has to be a car above $17,000 to balance it out, to make the average stay at $15,000. If half the cars are below $13,000 and the highest cars are not above $16,500, then it would not be possible to have an average of $15,000. This statement implies that at least one car is above $17,000, and therefore has to be above $16,500. This answers to the question. This statement is sufficient.

6 0
3 years ago
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