Answer:
a. Yum Co. uses cash to repurchase 10% of its common stock. (Financing activity)
b. DigiInk Printing Co. buys new machinery to ramp up its production capacity. (Investing activity)
c. D and W Co. sells its last season’s inventory to a discount store. (Operating activity)
d. A company records a loss of $70,000 on the sale of its outdated inventory. (Operating activity)
Explanation:
Cash flow statement shows how cash is used and obtained in a business. There are different activities that influence cash flow. Below are the activities:
- Operating activities are those that include normal business operations like buying and selling of inventory, interest payments, and salaries.
- Investing activities involves use of cash for investment like purchase or sale of assets, merger and acquisitions payments, and purchase of equipment.
- Financing activities includes cash used to purchase or sell equity such as shares, payment of dividends, and repayment of principal from debt
Answer:
Free trade area.
Explanation:
Free trade area is when participating countries remove barriers to the free flow of goods and services among them but they still maintain their own trade policies against non participating members.
The United States, Mexico and Canada came together to form a free trade area.
I hope my answer helps you.
Answer:
0.10
Explanation:
The total deposits in last bank of commerce are $100,000
The total deposits set asides as reserves are $10,000
Therefore the required reserve ratio can be calculated as follows
= 10,000/100,000
= 0.10
Hence the required reserve ratio is 0.10
Answer:
Shared decision making has been shown to result in treatment plans that better reflect patients' goals; increase patient and physician satisfaction; improve patient-physician communication; have a positive effect on outcomes; and, sometimes reduce costs.
Answer:
1. Investment at beginning $5,000,000
Add: Net Income (1200000*35%) $420,000
Less: Dividend (100000*35%) <u>$35,000 </u>
Investment at year end <u>$5,385,000</u>
2. Amount of Income from Investment = $1,200,000*35% = $420,000
3. <u>Journal entries to record transactions</u>
Particulars Debit Credit
Investment in Marvel Co. $420,000
Equity Income $420,000
(Recording receipt of net income)
Cash $35,000
Investment in Marvel Co $35,000
(
Recording receipt of dividend)