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Svetach [21]
2 years ago
14

Riverside Company issued long-term debt of 350 paid dividends of 20 and issued capital stock of 100. Cash flow from financing ac

tivities was:________a. 410 b. 420 c. 430 d. 440
Business
1 answer:
aniked [119]2 years ago
3 0

Answer:

430

Explanation:

Riverside company issued a long term debt of 350

They paid dividend of 20

They also issued a capital stock of 100

Therefore the cash flow from financing activities can be calculated as follows

=long term debt - dividend + issued capital stock

= 350-20+100

= 330+100

= 430

Hence the cash flow from financing activities was 430

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Rodriguez Corporation issues 10,000 shares of its common stock for $196,400 cash on February 20. Prepare journal entries to reco
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Calin Corporation has total current assets of $617,000, total current liabilities of $233,000, total stockholders’ equity of $1,
Otrada [13]

Answer:

Working capital = Current assets - Current liabilities

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Read 2 more answers
In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
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Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

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6 0
2 years ago
A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.
ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

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So, we can calculate the amount of bond interest expense by using following formula:

Interest Expense = Carrying Value × Market Interest Rate

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= $43,838

Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

7 0
3 years ago
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