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Whitepunk [10]
3 years ago
14

Alicia is analyzing the "Financing Activities" portion of TopCo’s statement of cash flows. If Alicia wants to further clarify th

e dividend information provided in this portion of the document, she should compare it against TopCo’s
Business
1 answer:
jok3333 [9.3K]3 years ago
5 0

Answer:

Retained earnings statement

Explanation:

A company's retained earnings statement is a financial statement that shows information regarding changes in retained earnings over a given period.

Retained earning are the company's profits that have not been distributed to its shareholders, and instead held in reserve for financing existing or future projects.

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g 4. The price of a home is $197,000. The bank requires 20% down payment and four points at closing. The cost of the home is fin
Molodets [167]

Answer:

a. $39,400

b. $157,600

c. $6,304

Explanation:

a. Down payment

Bank requires 20% down payment

= 20% * 197,000

= $39,400

b. Mortgage amount

= Price of house - down payment

= 197,000 - 39,400

= $157,600

c. Amount at 4 points:

= Mortgage * 4%

= 157,600 * 4%

= $6,304

4 0
3 years ago
20 POINTS!!
NemiM [27]

Answer:

4

Explanation:

4) go shopping for new clothes. you choose to get an hour of exercise. based on this what is the opportunity cost of your choice

5 0
3 years ago
Tano issues bonds with a par value of $180,000 on January 1, 2016. The bonds' annual contract rate is 8%, and interest is paid s
Sauron [17]

Answer:

The discount on the bonds issuance is $9,138.00

Explanation:

discount on bonds at issuance=bonds face value-bonds cash proceeds

bonds face value is $180,000

bonds cash proceeds =$170,862

Discount on bonds at issuance=$180,000-$170,862

Discount on bonds at issuance=$9,138.00  

The necessary journal entries to record the bonds issuance are follows:

Dr Cash                                $170,862.00

Dr discount on bonds issue $9,138.00

Cr Bonds payable                                   $180,000

The discount on the bonds would amortized over relevant years

5 0
3 years ago
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
slava [35]

Answer:

gay

Explanation:

8 0
3 years ago
Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.06 direct labor
Phoenix [80]

Answer:

Results are below.

Explanation:

Giving the following information:

Each unit of output requires 0.06 direct labor-hours.

The direct labor rate is $8.00 per direct labor-hour.

The production budget calls for producing 5,300 units in June and 5,800 units in July.

<u>Direct labor budget June:</u>

Direct labor hours= 5,300*0.06= 318

Direct labor cost= 318*8= $2,544

<u>Direct labor budget July:</u>

Direct labor hours= 5,800*0.06= 348

Direct labor cost= 348*8= $2,784

3 0
3 years ago
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