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Trava [24]
4 years ago
8

Selected information from Peridot Corporation's accounting records and financial statements for 2018 is as follows ($ in million

s): Cash paid to acquire machinery $ 36 Reacquired Peridot common stock 50 Proceeds from sale of land 70 Gain from the sale of land 52 Investment revenue received 66 Cash paid to acquire office equipment 80 In its statement of cash flows, Peridot should report net cash outflows from investing activities of: Group of answer choices $46 million. $72 million. $26 million. $78 million.
Business
1 answer:
Vaselesa [24]4 years ago
8 0

Answer:

Peridot should report net cash outflows from investing activities of: $46 million

Explanation:

Peridot Corporation

Statement of cash flows (extract)

                                                                       $ in millions

Purchase of machinery                                            ($36)

Proceeds from sale of land                                         70

Cash paid to acquire office equipment                    (80)

Net cash flows from investing activities              ($46)

Note that reacquired common stock belongs to financing activities section of the cash flows, while gain from sale of land and investment revenue belong to operating activities section of the cash flows

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Julli [10]

Answer:

d. Charities

Explanation:

Charity is one  the ways of solving or dealing with externalities that affect a society, without the intervention of the government. This involves the effort of a charitable organization in raising enough money to do something useful for the society to mitigate such externalities affecting it.

As stated in the question above, we can see that the environmental organization is a charitable organization, who have taken it upon itself to advance the course of campaigning against far’s pollution. It is a nonprofit organization that raises money through donations, in order to help finance the campaign. Their main objectives focused on the well-being  the local community.

5 0
3 years ago
David taylor purchased a teapot for $23.95, a coffee maker for $33.95, and a deluxe microwave for $196.75 for his mother's birth
Kaylis [27]
The answer is $275.02
6 0
3 years ago
Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows
Ray Of Light [21]

Answer:

3.14 years

Explanation:

Year              Cash flow                Accumulated cash flows

0                    -$4,900                            -$4,900

1                       $1,150                             -$3,750

2                      $1,350                            -$2,400  

3                     $2,230                                -$170

4                     $1,250                              $1,080

3 years + $170/$1,250 = 3.14

The payback period is 3.14 years, or 3 years, 1 month and 19 days.

7 0
3 years ago
A customer places an order to buy 1,000 shares of a stock at $40. The registered representative enters the order. After executio
tatiyna

Answer: C. II and III

Explanation:

The customer ordered for 1,000 shares of a stock at $40 and so this is what the registered representative should give the customer. As such, if in the first place the order was possible to be done, then it will have to be done now and the registered representative's firm are obligated to provide the amount in question.

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3 0
3 years ago
What does a decrease in supply result in?
strojnjashka [21]

Answer:

The correct answer is option c.

Explanation:

A decrease in the supply will cause the supply curve to shift to the left. This leftward shift in the supply curve will further cause the demand and supply curve to intersect at a higher point.

As a result, there will be an increase in the equilibrium price and a decrease in the equilibrium quantity.

This also represented in the figure given below.

7 0
3 years ago
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