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laiz [17]
3 years ago
5

Creative Sound Systems sold investments, land, and its own common stock for $31 million, $15.1 million, and $40.2 million, respe

ctively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.1 million, $25.1 million, and $12.1 million, respectively. What amount should the company report as net cash flows from investing activities
Business
1 answer:
wlad13 [49]3 years ago
3 0

Answer:

Net cash provided from Investing activities is 8,900,000

Explanation:

Statement of cash flows from investing activities

                                                        Amount$

Sale of investment                        31,000,000

Sale of land                                    15,100,000

Purchase of equipment               -25,100,000

Purchase of patents                     <u>-12,100,000</u>

Net cash provided from              <u>8,900,000</u>

Investing activities

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Answer:

Portfolio return = 7.3%

Explanation:

<em>The portfolio expected rate of return would be the weighted  average expected rate of return</em>

Weighted average expected rate of return=

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Expected rate of return = 0.073333333 × 100 = 7.3%

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Innovative Components is a manufacturer of computer parts. The company recently reported earnings of $2,014,802. In addition, In
sp2606 [1]

Answer:

C) $128.15

Explanation:

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We simply applied the above formula so that the intrinsic value of Innovative Components’ equity per share could come

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Ksivusya [100]

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Social ACTIONS are not equivalent to the actions of corporations, as there are legal obstacles to their transmission. In addition, they do not have a "value" character and cannot be represented by means of securities or account entries, and their transmission by means of the public document that will be registered in the partner register book is mandatory. It will be constituted in a public deed and subsequently in the registration of the commercial register, at which time it acquires legal personality.

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