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
sergejj [24]
3 years ago
6

Miracle Company purchased treasury stock with a cost of $15,000 during 2013. During the year, the company paid dividends of $20,

000 and issued bonds payable for proceeds of $866,000. Cash flows from financing activities for 2013 total:
A. $846,000 net cash inflow.


B. $831,000 net cash inflow.


C. $861,000 net cash inflow.


D. $866,000 net cash outflow.
Business
1 answer:
kodGreya [7K]3 years ago
6 0

Answer:

The correct answer is option (b) $831,000 net cash inflow.

Explanation:

Solution

Recall that:

Company miracle bought stock treasury with a cost of = $15,000

Dividends paid =  $20,000

Bond issued =$ 866,000

Now,

The cash flow from financing activities is calculated as follows:

Bonds payable -Purchased treasury stock - Dividend paid

$866,000 - $15,000-$20,000

= $831,000

Therefore, The net cash flow is $831,000

You might be interested in
Belinda orders a certain type of hybrid rose for her wedding. A disease sweeps through that type of rose and the florist could o
viva [34]

Answer:

B. Commercial impracticability

Explanation:

Commercial impracticabilty occurs when the actions under a contract is impractical and cannot be accomplished or achieved. It is triggered when actions or performance of a contract by a party has become impracticable and hence unfeasible or maybe just too difficult or costly to accomplish. The best defense for the florist in this case is commercial impracticabilty as the disease sweeping through the type of rose Belinda ordered has made it difficult and costly to accomplish or achieve.

5 0
3 years ago
Read 2 more answers
Deadweight loss occurs when
dusya [7]

Answer:

d) the maximum level of total welfare is not achieved.

Explanation:

When the economic efficiency bears a loss, it is termed to be a deadweight loss. This condition occurs in the situation when the free market equilibrium is not able to be achieved. It occurs in the economy when the supply and the demand for the goods and services start to fall from being in the state of equilibrium. The resources allocated experiences a deficiency, thereby causing a deadweight loss.

3 0
3 years ago
_________ is the systematic study of a job’s tasks, duties, and responsibilities and the knowledge, skills, and abilities needed
saw5 [17]

Answer:

Job analysis

Explanation:

Many organizations carry out what is called job analysis. It entails spelling out the job functions, skills, experience and knowledge required to perform the job. It is important to analyze the skills required to perform a job because such would afford an organization to have directions in terms of matching skills with work.

Also, organizations analyze jobs to confirm that it is line with the company's current goals and objectives instead of a job that does not go in line with a company's current structure.

6 0
3 years ago
During July at Pool Company, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw mat
QveST [7]

Answer:

$4,000

Explanation:

Preparation of the journal entry.

Based on the information given we were told that The indirect materials totaled the amount of $4,000 which means that the appropriate journal entry to record this requisition would include a DEBIT TO MANUFACTURING OVERHEAD of the amount of $4,000.

(To record requisition)

6 0
3 years ago
Nutrimax Corp., a breakfast cereal company, has designed extensive and elaborate advertising campaigns for its existing products
Effectus [21]

Answer:

a. Market penetration

Explanation:

Market penetration strategy is a product promotion approach through which a company seeks to gain a greater share in markets it already operates.  The strategy is used to increase sales volumes in existing markets.  

Market penetration applies where similar goods and services exist. A company uses the low-price technique or present its products as superior as compared to those of its rivals. The objective is to draw customers' attention to the company's products. Advertising using special features and benefits presents the products as unique and superior, thereby attracting customers' attention.

8 0
3 years ago
Other questions:
  • QUESTION 25 Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $300. Ann
    8·1 answer
  • (1 pt.) Arna, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year ended De
    9·1 answer
  • In _______________________ arbitration, the arbitrator is not constrained to choose either the management or union's offer(s); r
    15·1 answer
  • Wildhorse Delight, Inc. charges an initial franchise fee of $74,700 for the right to operate as a franchisee of Wildhorse Deligh
    7·1 answer
  • Zhao Co. has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The comp
    13·1 answer
  • California has an average rainfall of 3 inches for the month of January. This year California had over 12 inches, which is equiv
    11·1 answer
  • You are looking at buying a stock and holding for 3 years. A stock will pay a dividend of $1 in 1 year, a dividend of $2 in 2 ye
    6·1 answer
  • Jack works for Red, Blue and Green CPAs. Each year Red, Blue and Green asks Jack to fill out a form indicating all of his financ
    13·1 answer
  • What is meant by trigonometric ratios?​
    15·2 answers
  • Other things the same, when the interest rate rises, people would want to lend Group of answer choices less, making the quantity
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!