Answer:
B. Involve using resources to research, develop, purchase, produce, distribute and market products and services.
Explanation:
A financial statement can be defined as a written report used by financial experts or accountants to quantitatively describes the financial health of a company. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Operating activities in the statement of cash-flow of a business firm gives a detailed description of the out-flow and in-flow of cash from liabilities and current assets account. Thus, all the net income or cash from all operational business activities of a company is recorded as operating activities.
Hence, operating activities involve using resources to research, develop, purchase, produce, distribute and market products and services. Some examples of operating activities are cash paid as an expense for merchandise, cash revenue generated from the sales of finished goods etc.
Answer:
E) $2.31
Explanation:
Shares offered to Firm B = Shares outstanding * 0.5
= 220 * 0.5
= 110 shares
Total shares of firm A after merger = Shares outstanding before merger + Shares offered to Firm B
= 750 + 110
= 860 shares
Total earnings of firm A after merger = $1,250 + 740
Total earnings of firm A after merger = $1,990
Earnings per share of firm A after merger = Total earnings of firm A after merger / Total shares of firm A after merger
Earnings per share of firm A after merger = $1,990 / 860
Earnings per share of firm A after merger = $2.31 per share
Answer:
Earning growth rate will be 12 %
Explanation:
We have given that Bennington Enterprises earned $34.07 million this year.
Return equity = 16 % = 0.16
Retained earning = 75 % = 0.75
We have to find the firm's growth rate
We know that growth rate is given by
Growth rate = Return on equity × retained earning
So firm's growth rate will be equal to = 0.16×0.75 = 0.12
Therefore the earning growth rate will be 12 %
$504000 is the actual return
<u>Explanation:</u>
particulars calculation Amount
Service cost 700000
Interest cost 
480000
Less: Expected return 
576000
Prior service cost 48000
Net loss 30000
Pension expense 682000
Therefore, the pension expense is $682000
<u>The computation is as follows for the calculation of return (in $000’s)
</u>
<u>Plan assets
</u>
Beginning = $5760
Actual return = ?
Cash contributions = 696
Less: Retireee benefits = (624)
Ending balance = $6336
Thus after solving this, we get the actual return that is equal to = $504,000
Answer: The amount of cash provided by operating activities is $179,600.
Explanation:
<u>Statement of cash flows for the company</u>
Net income $210,600
Add Depreciation expense 27,000
Add Loss on sale of equipment 1,800
Increase in Accounts receivable (16,900)
Increase in Inventory (41,700)
Decrease in Prepaid expenses 5,000
Decrease in Accounts payable (6,200)
Cash flows fron operating activities $179,600
