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nikdorinn [45]
3 years ago
9

During 2018, T Company engaged in the following activities: Distribution of cash dividends declared in 2017 $ 48 Fair value of s

hares issued in a stock dividend 220 Payment to retire bonds 452 Proceeds from the sale of treasury stock (cost: $52) 60 In T's statement of cash flows, what were net cash outflows from financing activities for 2018
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

$440

Explanation:

First and foremost the financing activities hinted in  the question are as follows:

Distribution of cash dividends declared in 2017 $ 48(outflow)

Payment to retire bonds $452(outflow)

Proceeds from the sale of treasury stock (cost: $52) $60(inflow)

net cash outflows from financing activities=-$48-$452+$60

net cash outflows from financing activities=-$440

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Answer:

increasing returns to scale

Explanation:

The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.

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On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What
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The additional dining space will occupy space next to Olaf’s that was recently rented to a tenant. By claiming the space for the
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Answer:

$12,146

Explanation:

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3 0
3 years ago
On January 1, 2020, Scottsdale Company issued its 12% bonds in the face amount of $3,000,000, which mature on January 1, 2030. T
BARSIC [14]

Answer:

It is $329,209.31  

Explanation:

Please attached sheet for computation.

Download xlsx
5 0
3 years ago
Kimberly has been planning to purchase a digital camera for a long time. She finally makes the purchase and is happy because she
WARRIOR [948]

Answer: Option A      

       

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In the given case, Kimberly bought a camera and now think she did not make right choice. Hence from the above we can conclude that the correct option is A.

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3 years ago
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