Answer:
D) positive cash flow of $21,900 from investing activities
Explanation:
To calculate Sonesta's cash flow associated to this transaction we can use the following formula:
cash flow = net book value of the asset - loss on sale of the asset
cash flow = $30,900 - $9,000 = $21,900
The cash flow was generated by an investing activity since Sonesta sold an asset, not its products.
Answer:
E) B and C
Explanation:
<em>
The missing word </em>"Florida Travel Inc. issues 5,000 shares of $5 pa r value common stock for $85,000"
Date Account Titles and Explanation Debit Credit
Cash $85,000
Common stock $25,000
(5000 shares x $5)
Paid-in capital in excess of par $60,000
Answer:
The correct answer is letter "E": cost of debt.
Explanation:
The cost of debt is the interest a company pays on its borrowings. It is expressed as a percentage rate. Also, the cost of debt can be calculated as a before-tax rate or an after-tax rate. Before interest is deductible for income taxes, the cost of debt is usually expressed as an after-tax rate.
Answer:
For Plan A = 6.7
For Plan B = 7.8
Explanation:
Data Given:
First of all, we need to sort out the data because it is very necessary to solve for this question requirement.
Year 1
Plan A = 1.10 Plan B = 0.10
Year 2
Plan A = 1.10 Plan B = 1.20
Year 3
Plan A = 1.10 Plan B = 0.20
Year 4
Plan A = 1.70 Plan B = 4.50
Year 5
Plan A = 1.70 Plan B = 1.80
Total Number of Years = 5
Now, in order to calculate the total number of dividend per share over the 5 years time period. We need to sum the individual entries of Plans.
So,
For Plan A:
Total number of dividend per share = 1.10 + 1.10 + 1.10 + 1.70 + 1.70 = 6.7
Total number of dividend per share = 6.7
Similarly,
For Plan B:
Total number of dividend per share = 0.10 + 1.20 + 0.20 + 4.50 + 1.80 = 7.8
Total number of dividend per share = 7.8
When this type of situation happen, each issue of the footwear industry report will be most likely.
are worth careful scrutiny by the managers of all companies because they help managers determine the degree to which their company's costs for the benchmarked costs<span> categories are competitive. With this information, the managers are more likely to make a more appropriate decision.</span>
