Answer:
(a) Plant assets that had cost $20,000 6 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $5,300.
- increases cash flows from investing activities
(b) During the year, 10,000 shares of common stock with a stated value of $10 a share were issued for $43 a share
- increases cash flows from financing activities
(c) Uncollectible accounts receivable in the amount of $27,000 were written off against Allowance for Doubtful Accounts.
- this corresponds to bad debt expense which is included in the income statement
(d) The company sustained a net loss for the year of $50,000. Depreciation amounted to $22,000, and a gain of $9,000 was realized on the sale of land for $39,000 cash.
- the net loss and the gain on the sale of land decreases the cash flows from operating activities, while the depreciation expense increases it.
- the $39,000 received will increase cash flow from investing activities
(e) A 3-month U.S. Treasury bill was purchased for $100,000. The company uses a cash and cash equivalent basis for its cash flow statement.
- not included in teh cash flow statements
(f) Patent amortization for the year was $20,000
- increases cash flow from operating activities (in a similar way than depreciation)
(g) The company exchanged common stock for a 70% interest in Tabasco Co. for $900,000.
- this is a non-cash financing and investing activity
(h) During the year, treasury stock costing $47,000 was purchased
- decreases cash flow from financing activities
Producers to supply more & consumers to buy less
Answer:
The answer is 3.8%
Explanation:
Solution
Bond purchased at price =$2100)
Maturity rate in 30 years worth =$15,000
Sale of the bond = $11,100
Now we find out what annual rate of return will you earn from today
Now
present value =$11,100
Future value = $15,000
Bond Life = 8 years (30-22)
The annual rate of return =[(FV/PV)^(1/n) -1]
= (15000/111000^(1/8) -1
=1.351351^ (1/8) -1
= 3.8%
Therefore the annual; rate of return you will earn from today is 3.8%
The principle of persuasive speaking that the class member
is effectively using is the basic needs by which it needs to be satisfied
before even considering the ones that are in higher level by which this will
make the audience to be more attentive to the speech that one is sharing.
A) marginal revenue of his 3rd print job is
$3.33
