1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alina1380 [7]
3 years ago
10

The following T-account is a summary of the cash account of Kingbird Company. Cash (Summary Form) Balance, Jan. 1 7,200 Receipts

from customers 358,200 Payments for goods 209,100 Dividends on stock investments 5,600 Payments for operating expenses 129,600 Proceeds from sale of equipment 34,300 Interest paid 10,300 Proceeds from issuance of Taxes paid 7,800 bonds payable 301,700 Dividends paid 37,100 Balance, Dec. 31 313,100 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows
Business
1 answer:
lisov135 [29]3 years ago
5 0

Answer:

$264,600

Explanation:

The computation of net cash provided (used) by financing activities is shown below:-

Net cash inflow (Cash provided) by financing activities =  Proceeds from bond issue - Dividend Paid

= $301,700 - $37,100

= $264,600

Therefore for computing the net cash provided (used) by financing activities we simply applied the above formula.

You might be interested in
When she finishes entering her transactions, adrienne realizes that her balance is incorrect. assuming that adriennes beginning
vagabundo [1.1K]
I think it's "Adrienne did not enter her ATM withdrawal correctly". That's my best guess
5 0
3 years ago
Read 2 more answers
Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fi
adell [148]

Answer:

Please consider the following explanation

Explanation:

a.   EOQ = 560 units

b.  58800 units/560 units = 105 orders

c. EOQ/2 = 560/2 = 280 units (average inventory)

d.  105 orders × $4 ordering cost = $ 420

280 units × $1.50 carrying cost per unit =  420

Total costs = $840

8 0
3 years ago
General electric has an up-or-out policy, where key personnel in underperforming units are pressured to boost performance to acc
olasank [31]
This is an example of Tying rewards and incentives directly to the achievement of strategic and  financial targets.
By doing this, general Electric aimed to create an objective measurement for all of its emloyees that motivate them to keep increasing their performance if they hope to stay as an employee in that company. Through this method, Jack Welch managed to increase the company's value for around 4000% during 20 years of his reign.
8 0
3 years ago
The Real Estate Settlements and Procedures Act (RESPA) applies to: Select one: A. those parties who are indirectly related to a
ad-work [718]

Answer:

D. all residential mortgages for occupancy only.

Explanation:

  • The act applies to the loan purchases, property investments and equity lines of credit. It proves brokers to give disclosure of borrowers regarding the real estate.
8 0
3 years ago
On January 1, Skills Company purchased as a short-term investment a $1,000, 6% bondfor $1,000. The bond pays interest on January
Arturiano [62]

Answer:

Option (B) is correct.

Explanation:

Interest accrued for 6 months (January 1 to July 1):

= $1,000 × 6% × (6 ÷ 12)

= $30

This shall be credited to interest revenue as this is the income of the investor.

Sale value of investment:

= Bond selling price on July 1 + Interest accrued for 6 months

= $1,200 + $30

= $1,230

Gain on sale of investment:

= (Selling price - Purchase price) - Accrued interest

= ($1,230 - $1,000) - $30

= $200

Therefore, the Journal entry for this transaction is as follows:

Cash A/c                 Dr. $1,230

To debt investments                  $1,000

To Gain on sale of investment  $200

To Interest revenue                   $30

(To record the cash proceeds at the time the bond is sold)

7 0
3 years ago
Other questions:
  • A restaurant at a popular Colorado casino provides priority service to player’s card holders. The restaurant has 10 tables or bo
    10·1 answer
  • The market price of apples is currently rising. in a free-market economy, which is the most likely explanation of this price cha
    8·1 answer
  • A car insurance policy has a $500 deductible for comprehensive coverage and a $1000
    8·2 answers
  • Retained earnings, december 31, 2015 $ 313,700 cost of equipment purchased during 2016 32,000 net loss for the year ended decemb
    15·2 answers
  • WILL GIVE BRAILIEST
    5·1 answer
  • Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider when
    13·1 answer
  • please hurry!! Which of the following is a common behavior for an active listener? Look at your notes to make sure they are accu
    13·1 answer
  • What does the Internet hostname after the period in the URL describe?
    10·1 answer
  • Any purchased materials that will go into the finished product are first recorded in the.
    15·1 answer
  • Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!