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2 years ago

A.The loss on the cash sale of equipment was $22,125 (details in b).

Business

1 answer:

slamgirl [31]2 years ago

3 0

Answer:

Statement of cash flows for the year

Cash flow from Operating Activities

Loss on sale of equipment $22,125

Net Cash Provided by Operating Activities $22,125

Cash flow from Investing Activities

Proceeds from sale of equipment $28,625

Purchase of equipment ($64,000)

Net Cash used by investing activities ($35,375)

Cash flow from Financing Activities

Note Payable Issued $5,700

Repayment of Note Payable ($58,625)

Issue of Common Stock $84,000

Cash Dividends Paid ($53,500)

Net Cash used by Financing activities ($22,425)

Explanation:

Statement of cash flows for the year shows results of cash resulting from the following activities :

Cash flow from Operating Activities
Cash flow from Investing Activities
Cash flow from Financing Activities

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Butoxors [25]

Answer:

the expected return on the portfolio is 15.50%

Explanation:

The computation of the expected return on the portfolio is shown below:

Total investment is

= $2,700 + $3,800

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Now

Expected return of portfolio is

= ($2,700 ÷ $6,500) × 12 + ($3,800 ÷ $6,500) × 18

= 4.98% + 10.52%

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2 years ago

____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

solong [7]

Answer:

Sacred consumption
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3 years ago

Why does a taxminusdeferred retirement account accumulate more money than a taxable account, assuming the same amount is contri

skad [1K]

Answer:

Simply because tax-deferred accounts are taxed only when the investor receives or withdraws money from them. For example, a 401 (K)'s interest and capital gains are not taxed until the beneficiary retires and starts to receive payments, and that may take a long time.

It is not the same to be taxed immediately, because that reduces the amount invested. For example, you invest have $100 to invest and your income tax rate is 22%.

a tax-deferred account that earns 5% per year will earn $5, and then the principal will increase to $105 for the next, and keep earning more money.
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3 years ago

Assuming that the term structure of interest rates is determined as posited by the pure expectations theory, which of the follow

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Answer:

c. The maturity risk premium is assumed to be zero.

Explanation:

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Therefore the option c is correct

And, the rest of the options seems wrong

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3 years ago

In the context of contracts formed by promises, a bilateral contract is defined as: Multiple Choice an agreement in which a prom

Ierofanga [76]

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1 year ago