1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ElenaW [278]
3 years ago
15

Crane Company provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $950000

Proceeds from issuing bonds 3020000 Purchases of inventory 3870000 Purchases of treasury stock 609000 Loans made to affiliated corporations 1400000 Dividends paid to preferred stockholders 408000 Proceeds from issuing preferred stock 1670000 Proceeds from sale of equipment 296000 The net cash provided (used) by investing activities during 2021 is $(4566000). $(1104000). $296000. $(2054000).
Business
1 answer:
Alenkasestr [34]3 years ago
5 0

Answer:

$296,000

Explanation:

Consider cash movement in purchase and sale of capital assets only.

<u>Cash flow from investing activities :</u>

Proceeds from sale of equipment                 $296000

Net Cash Provided by investing activities    $296000

therefore,

The net cash provided by investing activities during 2021 is $296000.

You might be interested in
The organizational environment is a set of forces and conditions that operate within an organization's boundaries. true false
julia-pushkina [17]

Answer:

False.

Explanation:

The organizational environment is a set of forces and conditions that operate outside an organization's boundaries and has the potential or capability of affecting its operations, resources and performance, either fully or in parts.

Some examples of an organizational environment are competitors or rivals, government policies, regulatory agencies, suppliers, customers etc.

8 0
3 years ago
Judy acquired passive Activity A in January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Activity A
Crazy boy [7]

Answer:

Judy may deduct $54,000 of the net losses.

Explanation:

2018 Passive Activity Limitations $39,500

Passive Income ($33,500) – loss allowed to the extent of passive income

Suspended Passive Activity Limitations $6,000

2019 Passive Activity Limitations $69,500

Passive Income ($21,500) – loss allowed to the extent of passive income

Suspended Passive Activity Limitations $48,000

$54,000 Suspended Passive Activity Limitations

7 0
3 years ago
Having just one typo on your resume can eliminate you from a job pool
scoundrel [369]
Not necessarily, but the chances of you getting the position are seriously impeded, even for small mistakes.
4 0
3 years ago
Read 2 more answers
On December 31, 2019, Spearmint, Inc., issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. After recording the rela
cluponka [151]

Answer:

Interest expense    18,284.17  debit

Premium on BP        1,965.83 debit

        Cash                                 20,250 credit

Explanation:

procceds 461,795

face value 450,000

premium on bonds payable 11,795

As the cash received exceed the face value then, the bonds were isued at premium.

This will be amortized over the bonds life

3-year bonds with semiannual payment: 6 payment in total

amortization per payment:

11,795 / 6 = 1.965,83

The will post:

the cash disbursement in favor of the bondholder:

450,000 x 9%/2 =  20,250

amortization             (1,965.83)

interest expense:    18.284,17‬

3 0
3 years ago
Read 2 more answers
Lon has just come home from serving in the Marines and contracts with a local car dealership to purchase a car. The car must be
cricket20 [7]

Answer:

The correct answer is:  A novation.

Explanation:

A novation is the replacement of individuals in a contract with the consent of both parties. The new party takes all the obligation of the initial party and releases the last one from all duty. The novation must be signed for the transferor, the transferee, and the contracting party.

4 0
3 years ago
Other questions:
  • Business collected S6,600 rent in advance on July 1. Accountant record the journal entry for this collected amount on July 1. Th
    9·1 answer
  • How to choose a business name<br>​
    11·2 answers
  • Red font in the opening information is used to:_________
    8·1 answer
  • An investment had a nominal return of 9.7 percent last year. The inflation rate was 2.7 percent. What was the real return on the
    14·1 answer
  • On December 31, Carmack Company received a $215 utility bill for December that it will not pay until January 15. The adjusting e
    6·1 answer
  • Aptitude is (1) the native skills and abilities a person brings to the job, (2) the physical and mental capabilities of a person
    9·1 answer
  • 1 Cash on hand at the company and not yet deposited at the bank. 6,400 2 EFT for monthly utility bill not yet recorded by the co
    7·1 answer
  • Today's settlement price on a Chicago Mercantile Exchange (CME) yen futures contract is $0.8011/¥100. Your margin account curren
    14·1 answer
  • What G-ocentric model would you understand and predict a limited portion of an employee performance
    12·2 answers
  • At present, the gap between those employees who say they want unions and those that have union representation in the private sec
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!