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klasskru [66]
3 years ago
12

During the last year, Exeter Enterprise Inc. generated $702.00 million in cash flow from operating activities and had negative c

ash flow generated from investing activities (-384.00 million). At the end of the first year, Exeter Enterprise Inc. had $120 million in cash on its balance sheet, and the firm had $305 million in cash at the end of the second year.
What was the firm’s cash flow (CF) due to financing activities in the second year?
a.) -$254.00 million
b.) -$127.00 million
c.) $317.50 million
d.) $190.50 million
Business
1 answer:
kakasveta [241]3 years ago
8 0

Answer:

a.) -$254.00 million

* The option given in the question is inconsistent with question's data so that the answer is not matched. Following Question is the correct. Please refer my following solution to this question

During the last year, Len Corp. generated $936 million in cash flow from operating activities and had negative cash flow generated from investing activities (-$512 million). At the end of the first year, Len Corp. had $160 million in cash on its balance sheet, and the firm had $330 million in cash at the end of the second year. What was the firm's cash flow (CF) due to financing activities in the second year?

a.) -$254.00 million

b.) -$127.00 million

c.) $317.50 million

d.) $190.50 million

Solution based on above data:

Cash Balance at the end of Year 2 = Cash Balance at the start of Year 2 + net cash flow for year 2

Cash Balance at the end of Year 2 = Cash Balance at the start of Year 2 + ( Cash flow from operating activities + cash flow from Investing activities + cash flow from Financing activities

$330 million = $160 million + ( 936 million + (-$512 million ) + cash flow from Financing activities )

$330 million = $160 million + ( 936 - $512 million + cash flow from Financing activities )

$330 million = $160 million + 424 million + cash flow from Financing activities

$330 million = $584 million + cash flow from Financing activities

Cash flow from Financing activities = $330 million - $584 million

Cash flow from Financing activities = - $254 million

Explanation:

According To given data:

Cash Balance at the end of Year 2 = Cash Balance at the start of Year 2 + net cash flow for year 2

Cash Balance at the end of Year 2 = Cash Balance at the start of Year 2 + ( Cash flow from operating activities + cash flow from Investing activities + cash flow from Financing activities

$305 million = $120 million + ( 702 + (-$384 million ) + cash flow from Financing activities )

$305 million = $120 million + ( 702 - $384 million + cash flow from Financing activities )

$305 million = $120 million + 318 million + cash flow from Financing activities

$305 million = $438 million + cash flow from Financing activities

Cash flow from Financing activities = $305 million - $438 million

Cash flow from Financing activities = - $153 million

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The nations of Pamland and Lillytonia can produce two goods, DVD
vampirchik [111]

Answer:

The best deal would be option B) that is

Lillytonia sells 1/4 bushels of wheat to Pam land and gets 1 DVD player in return.

Explanation:

STEP 1

The output of DVD per unit of labor for Pamland = 150.

The output of Bushels of wheat per unit of labor for Pamland= 300.

The output of DVD per unit of labor for Lillytonia = 200.

The output of Bushels of wheat per unit of labor for Lillytonia= 600.

STEP 2

To calculate the comparative advantage, we use the following formula:

Comparative Advantage = DVD Output / Wheat Output

STEP 3

In Pamland, the opportunity cost, or the comparative advantage, of DVD is

300 / 150 = 2 bushels of wheat.

The opportunity cost of wheat in Pamland is 120/ 300 = 0.5 DVDs.

In Lillytonia the opportunity cost, or comparative advantage, of DVD is 600/200 = 3 bushels of wheat, while

The opportunity cost of wheat in Lillytonia is 200/600 = 1/3 or 0.33333 DVDs

STEP 4

As is clear from the calculations, Pamland should produce more wheat because it has the lower opportunity cost during production 2 against 3 for Lillytonia. Conversly, Lillytonia has the lowest opportunity cost for the production of DVD clocking 1/3 against a higher 1/2 for Pamland.

The countries should therefore trade in such a way that Pamlan is selling it's Wheat while Lillytonia is selling it's DVDs.

STEP 5

Given that Pamland's 2 bushels of wheat will cost it 0.5 DVDs, 4 bushels will thus cost it 1 DVD. It is impracticable (in any case) to have 1/2 of a DVD player.

Cheers

7 0
2 years ago
Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:2 (desk unit:chair). The selling prices
Doss [256]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the selling price per composite unit:</u>

<u></u>

selling price per composite unit= 1,280*0.6 + 530*0.4

selling price per composite unit= $980

<u>Now, the unitary variable cost per composite unit:</u>

Variable cost per composite unit= 780*0.6 + 280*0.4

Variable cost per composite unit= $580

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per composite unit

Break-even point in units= 150,000 / (980 - 580)

Break-even point in units= 375

<u>Finally, the number of units per product:</u>

Desks= 375*0.6= 225

Chairs= 375*0.4= 150

4 0
3 years ago
When you choose a medium, you are deciding how you will decode the message for transmission. select one:
iVinArrow [24]
The answer to this question would be option B: FALSE. When we say medium, this is the mode of how the message would be transmitted from the source to the receiver. This is also known as the channel. An example of this would be television or radio. This statement becomes false because the medium does not have anything to do with how the receiver deciphers or decodes the message that is being sent. The medium only serves as a channel and does not affect on how the receiver would interpret such information.
4 0
2 years ago
Which would be the most likely target market for a new brand of high-end athletic shoes?
qwelly [4]

Answer:

Dedicated athletes, like a marathon runners

Explanation:

6 0
3 years ago
When the indirect method is used, if accounts receivable increases during the accounting period, the change in accounts receivab
liberstina [14]
The answer is that "<span>the change in accounts receivable is subtracted from net income".
</span>

<span>When the indirect method is used, the starting point is the net income and it is transformed to cash flows from operational actions by adding back losses and subtracting gains so that these quantities are removed.</span>

4 0
3 years ago
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