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timurjin [86]
3 years ago
15

Bagrov Corporation had a net decrease in cash of $14,500 for the current year. Net cash used in investing activities was $56,500

and net cash used in financing activities was $42,500. What amount of cash was provided (used) in operating activities?
a. $(14,500) used.
b. $(84,500) used.
c. $84,500 provided.
d. $113,500 provided.
e. $(113,500) used.
Business
1 answer:
irinina [24]3 years ago
6 0

Answer:

c. $84,500 provided

Explanation:

Net decrease in cash = $14,500

Net cash used in investing activities = $56,500

Net cash used in financing activities = $42,500

Amount of cash was provided (used) in operating activities

= - $14,500 + $56,500 + $42,500

= $84,500

This is positive,hence provided. Th right answer is c. $84,500 provided

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Dynamo Corporation manufactures toasters. Each toaster comes with a 5-year assurance-type warranty. The toasters sell for $50 ea
Leno4ka [110]

Answer:

1.Dr Cash 25,000

Cr Sales revenue 25,000

2. Dr Warranty expense 2,500

Cr Warranty liability 2,500

3.Journal entry for actual warranty expense

Dr Warranty liability 500

Cr Cash 500

Explanation:

Preparation of Dynamo's journal entries related to the sales and warranty in Year 1.

1.Dr Cash 25,000

Cr Sales revenue 25,000

(50*500)

2. Dr Warranty expense 2,500

Cr Warranty liability 2,500

3. Dr Warranty liability 500

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7 0
3 years ago
Gugenheim, Inc., has a bond outstanding with a coupon rate of 7.7 percent and annual payments. The yield to maturity is 8.9 perc
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Answer:

Bond price= $1,793.62

Explanation:

Giving the following information:

Face value= $2,000

Number of periods= 17

Cupon rate= 0.077

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T<u>o calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 154*{[1 - (1.089^-17)] / 0.089} + [2,000/1.089^17)

Bond Price​= 1,324.21 + 469.41

Bond price= $1,793.62

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3 years ago
Everyone in the organization has a stake in how information is processed and managed.
Korvikt [17]
This is true. Hope I could help!
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3 years ago
A truck driver fell asleep at the wheel and his freight truck tipped over, leaking ammonia into the air and requiring an evacuat
ExtremeBDS [4]

Answer:

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Explanation:

6 0
2 years ago
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The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when​ _____.
Pani-rosa [81]

Answer:

The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when each firm's plant and the number of firms remain the same.

Explanation:

The short-run market supply curve is derived from each invidividual short-run supply curve at a given price, stating it as the sum of the quantities supplied by all the firms at this price.

If each firm's plant and the number of firms remain the same, you can calculate the market supply curve.

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3 years ago
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