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skelet666 [1.2K]
3 years ago
5

Pina Colada Corp. issued 22000 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $53000

and issued long-term notes payable of $484000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows
Business
1 answer:
snow_tiger [21]3 years ago
7 0

Answer:

Net cash flows from financing activities $1,311,000.

Explanation:

The computation of the amount that would be reported on the financing activities of the cash flow statement is as follows:

Issue of common stock(22,000 shares × $40) $880,000

Less: payment of dividend ($53,000)

Add: Issue of the long term note payable $484,000

Net cash flows from financing activities $1,311,000.

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An economy's production possibilities frontier:​ Select one:
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Answer:

The correct answer is c. ​is based on simplifying assumptions, but is still useful for illustrating scarcity, opportunity cost, and economic growth.

Explanation:

The production possibilities frontier (FPP) is a graphic representation of the maximum quantities of production that an economy can obtain in a given period using all the resources it has available.

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If the economy experiences a recession with a current spending gap $1,000 below full-employment output, and the marginal propens
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Which is the following one of the first things you should do when preparing to present yourself to an employee
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Business messages usually conclude with a Multiple choice question. summary. supporting reasons. call to action. primary message
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Business messages usually conclude with a call to action.

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brainly.com/question/5506518

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