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notsponge [240]
3 years ago
9

The following cash transactions occurred during the period. INTEREST RECEIVED IN CASH $18,000

Business
1 answer:
nikklg [1K]3 years ago
5 0

Answer:

OPERATING ACTIVITIES

SOURCES: INTEREST RECEIVED IN CASH $18,000, the company receives money

(USES:) PAYMENT OF WAGES TO EMPLOYEES $35,000, the company pays wages

INVESTING ACTIVITIES

SOURCES: NONE

(USES:) PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000  , the company pays for the equipment

FINANCING ACTIVITIES

SOURCES: NONE

(USES:) DISTRIBUTION OF CASH DIVIDEND DECLARED LAST YEAR $25,000, the company pays dividends

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Based on the corporate valuation model, gray entertainment's total corporate value is $1,150 million. the company's balance shee
vagabundo [1.1K]

Answer:

$26.67 million

Explanation:

The computation of price per share is shown below:-

Total market value = $1,150 million + $120 million

= $1,270 million

Market value of equity = Total market value - value of debt - value of preferred stock

= $1,270 million - ($120 million + $300 million + $50 million)

=  $1,270 million - $470 million

= $800 million

Price per share = Market value of equity ÷ Stock outstanding

= $800 million ÷ $30 million

= $26.67 million

5 0
3 years ago
How much money does the founder of Google make a year?
ElenaW [278]
There are actually two makers, and they both agreed to a one dollar salary a year.
8 0
3 years ago
Lipstik, Inc. makes cosmetics. Lipstik intentionally mislabels its packaged products to conceal a defect. Trusting and relying o
Zanzabum

Answer:

Fraud.

Explanation:

Fraud is defined as intentional misrepresentation aimed at gaining unlawful advantage or to deprive a victim of a legal right.

In civil law the victim can file for recovery of money, while in criminal law the fraud perpetrator may be committed to prison.

Lipstik intentionally mislabels its packaged products to conceal a defect, and gains unfair advantage by selling these defective goods to customers. Mikayla buys the lipstick based on the misrepresented information on the label and gets injured.

8 0
3 years ago
Carlos is the manager of an American company. He expects the value of the British pound to appreciate in the near future and so
Inga [223]

<u>Answer:</u> Speculation.

<u>Explanation:</u>

Carlos tries to make a profit through exchange rates. Carlos is a speculator who tries to make profit through market fluctuations. The strategy is a risky strategy as the speculators based on their knowledge about the market make decisions accordingly.

Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.

3 0
4 years ago
Despite some high profile cases involving deadly force, which police department actually has a relatively low shooting rate when
kkurt [141]

Answer:

D) The losangeles police department.

Explanation:

According to the Washington Post, in 2019 the United States of America had 992 fatalities from police shootings. From this number, one of the top states with the most fatalities was California, who had 130 fatalities from police shootings in 2019. The majority of which came from the Los Angeles police department.

7 0
3 years ago
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