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Mariana [72]
3 years ago
12

Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,100 Interest on investm

ents 220 Sale of land 110 Sale of common stock 550 Issuance of debt securities 2,500 CASH PAID FOR: Interest on debt $ 320 Income tax 150 Debt principal reduction 1,450 Purchase of equipment 4,400 Purchase of inventory 900 Dividends on common stock 190 Operating expenses 800 Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of: Multiple Choice $1,520. $(1,520). $1,260. $1,410.
Business
1 answer:
svetoff [14.1K]3 years ago
7 0

Answer:

Net cash inflow from financing activities $1,410

Explanation:

The computation of the net cash inflows or outflows from financing activities is shown below

Cash flow from financing activities

Sale of common stock $550

Issuance of debt securities $2,500

Less debt principal reduction -$1,450

Less dividend on common stock  -$190

Net cash inflow from financing activities $1,410

Hence, the last option is correct

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2 years ago
The Federal Reserve purchases ​$8 million in U.S. Treasury bonds from a bond​ dealer, and the​ dealer's bank credits the​ dealer
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Answer:

The bank will be able to lend:

$42,105,263 ($8 million/ 0.19)

Explanation:

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The process by which banks create more money than the physical money is called money creation.  This shows that a bank creates more money in the economy through its lending activities.

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3 years ago
In July, a customer invested $10,000 in the ABC Mutual Fund. In December of the same year, ABC announced a long-term capital gai
mihalych1998 [28]

Answer:

Capital gains distribution is treated as long term

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2 years ago
Determine whether the statement describes a descriptive or inferential statistic. a recent poll of 2707 home owners in michigan
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The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.

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4 0
1 year ago
The journal entry to record the use of utilities in a factory could include which two of the following: (You may select more tha
evablogger [386]

Answer:

The correct options are:

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D. Credit to Factory Utilities Payable

Explanation:

The debit entry of the use of utilities in  a factory would be recorded in factory overhead since cost of utilities is a not a direct factory cost.

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6 0
3 years ago
Read 2 more answers
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