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eimsori [14]
3 years ago
14

Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas

ury stock 40,100 Purchase of land 41,300 Payment of cash dividend 89,600 Purchase of equipment 59,400 Issuance of common stock 147,900 Retirement of bonds 110,000 Compute the net cash provided (used) by financing activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Business
1 answer:
Alla [95]3 years ago
3 0

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

147,900

Less:

Purchase of treasury stock

($40,100)

Less:

Dividend payment

($89,600)

Less:

Retirement of bonds

($110,000)

Cash flow used by financing activities

($91,800)

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According to your textbook, the following passage from a speech introduction is an example of a(n) __________ . Today I would li
inysia [295]

Answer:

The answer is: this is an example of a preview statement

Explanation:

Preview statements are used to present the main topics of your speech. As a speaker you should not only introduce your main topics to your audience, you must be able to capture your audience's attention. Usually the preview statement is the second thing you say during a speech, the first should be a general greeting, so it is very critical that your audience understands how you are going to cover your main topics and in what order.

5 0
3 years ago
Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate
Paha777 [63]

Answer:

a. $45 billion.

Explanation:

The aggregate expenditures must have fallen by = 0.75*$65 billion

                                                                                   = $45 billion

Therefore, The aggregate expenditures must have fallen by $45 billion.

8 0
3 years ago
The cash conversion cycle is computed as:
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Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

                             AMOUNT OF SALES OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF INVENTORY OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF PAYABLE OUTSTANDING IN DAYS

4 0
3 years ago
The industry-low, industry-average, and industry-high benchmarks on pp. 6-7 of each issue of the Camera
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<h3>What do you mean by industry?</h3>

An industry is a group of companies that are related based on their primary business activities.

In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.

<h3>What are the 4 types of industry?</h3>

There are four types of industry, namely primary, secondary, tertiary and quaternary.

Primary industries involve the activities related to extraction and processing of natural resources, such as agriculture, mining, fishing, etc.

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8 0
2 years ago
ROK Corporation has provided you with the following information for 2010: (hint - set up T accounts for all accounts and post th
Sunny_sXe [5.5K]

The factory overhead applied to the product is $5,400

Let understand that Factory Overhead means the <em>total cost</em> that is used in operating all the production segment (i.e depreciation of equipment, salary, wages, electricity) of a manufacturing company and its does not include the costs of direct labor & materials.

  • It is given that:

- <em>Factory Labor Incurred  equals $8,000 (including $6,000 direct and $2,000 indirect</em>

<em>- Manufacturing Overhead is applied to the product based on 90% of direct labor dollars</em>

<em />

  • Therefore, the Factory overhead applied will equals Direct factory labor incurred * 90% Overhead applied

<em />

<em>Factory overhead applied = $6,000 * 90%</em>

<em>Factory overhead applied = $5,400</em>

<em />

In conclusion, the factory overhead applied to the product is $5,400

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7 0
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