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bixtya [17]
3 years ago
12

The following information is available for Sunland Company for the year ended December 31, 2022.

Business
1 answer:
Amanda [17]3 years ago
4 0

Answer:

see explanation

Explanation:

Indirect method method reconciles the Net Income to the Operating Cash flow by adjusting for non -cash items and changes in working capital included in Net Income.

Remember to show Cash flows from Operating, Investing and Financing Activities as these make up a full Cash flow Statement.

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what is the book value and market value if it was liquidated to day i would receive 7.65 million in cash after paying 9.5 millio
kodGreya [7K]

Answer:

The market value of capital would be 11.15 million

Explanation:

Book value of an asset is the value at which the asset and liabilities are currently reflecting in the balance sheet of a firm. The market value is the value at which these assets and liabilities are currently valued as per present market rates. For example : Land value normally appreciates over time and eventhough it is purchased at say $100.000/-, its present value market valuation rate could be $300,000/-. This is the difference between a book value and market value.

In this case, on sale of current assets, a profit of 13 million would be made. Out of this, 9.5 million current liability is paid. Remaining is 3.5 million. Cash received after paying current liabilities is 7.65 million. Hence adding 3.5million+7.65million = 11.15million is the market value of capital which was originally 8.5 million.

                       Book Value             Market Value             Difference

Capital                8.5                            11.15

Current Liability   9.5                           9.5

Current Asset        22                           35                         13

Paid for CL                                                                          9.5

Remaining value                                                                 3.5

Cash Recd                                                                           7.65

Mkt value of capital                                                             11.15            

(3.5+7.65)

4 0
3 years ago
Eliza took her car to her regular mechanic, who had a private business. The mechanic often advertised on billboards, writing "Re
AysviL [449]

Answer: a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in question was more extensive than necessary to protect the public interest.

Explanation: An advertisement is a notice or action promoting a product or service and soliciting patronage.

When there is no regulation of an advert, abuse is expected. Protecting the public interest is important as advertisement may be misleading if there are no extensive rules.

In a situation whereby the mechanics advertisement was found not to be inherently misleading, a different verdict may have been given.

4 0
3 years ago
Read 2 more answers
The career cluster that involves data and computers is___.
gogolik [260]

Answer:

the career cluster that involves data and computers is information technology.

7 0
3 years ago
Read 2 more answers
When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in ____ wh
lbvjy [14]

When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in "limited decision making" when deciding whether or not to purchase this new product.

<h3>What is limited decision making?</h3>

When buying things that need a reasonable amount of time and effort to compare models and brands before making a decision, consumers use limited decision-making.

Some features of limited decision making are-

  • When you require knowledge on an unexpected brand inside a well-known product area, perhaps. takes some time to obtain the necessary information.
  • Examples include clothing, when the brand is unknown but the product class is known.

The three categories of decisions-making are-

  • Organisational direction is determined by strategic decisions.
  • Decisions made at the tactical level affect how tasks will be completed.
  • Last but not least, operational decisions are those that staff members take on a daily basis to manage the company.

To know more about use of limited decision making while purchasing, here

brainly.com/question/14366090

#SPJ4

7 0
2 years ago
"A registered representative makes it a regular practice to check in with his actively trading customers at least once a week an
3241004551 [841]

Answer:

contact the firm's compliance department

Explanation:

the first thing the representative should do is to contact the firms compliance department for guidance on how to handle the situation.

The SEC and the FNRA are bodies that have concerns about investors who are old/aging. These people may easily fall prey to scams due to their failing mental capacities. To protect someone like this  firms have the responsibility of training their employees to identify diminished mental capacity. FINRA requires that firms have internal process to permit representatives to seek advise from others on what step they are to take.

3 0
4 years ago
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