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ololo11 [35]
3 years ago
11

Selected transactions for the Ecker Company are listed below.

Business
1 answer:
Ne4ueva [31]3 years ago
8 0

Answer:

Transaction #         Classification

1.                           operating activity

2.                          financing activity

3.                          investing activity

4.                          non-cash activity

5.                          financing activity

6.                          operating activity

7.                          non-cash activity

8.                          investing activity

9.                          investing activity

10.                        operating activity

Explanation:

operating activity

These are daily trading activities generating cash such as sales to customers or repayments to suppliers.

investing activity

These are activities involving the purchase and sale of assets or investments

financing activity

These are activities involving raising of capital and repayments of capital there-off

non-cash activity

All transactions that do not include movement of cash fall in this category.

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r-ruslan [8.4K]

Answer:

Popular Commands.

Explanation:

To creat a new tab on Microsoft Powerpoint, , Popular command is the set of command that will be make available for the user, this popular command are composed of those action needed when making a presentation such as bring forward,Animation Commands,. Bring to Front and others.

3 0
3 years ago
In preparing a balance sheet why do you think standard accounting practice focuses on historical cost rather tham market value
dedylja [7]
<span>Historical costs can be objectively and precisely measured, whereas market values can be difficult to estimate because they really dependant on market's performance.
Therefore, to create a more accurate measurement of company's financial condition, standard accounting practice put more focus on </span><span>historical cost rather than market value</span>
4 0
3 years ago
Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distributed is a car (basis of $3
Svetllana [295]

Answer:

Puffin’s E & P after taking into account the distribution of the car is $6,000.

Explanation:

E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.

Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.

5 0
3 years ago
Crowl Corporation is investigating automating a process by purchasing a machine for $793,800 that would have a 9-year useful lif
Vsevolod [243]

Answer:

Simple rate of return is 5.8%

Therefore option (a) is correct option.

Explanation:

It is given that purchase cost = $793800

Company saving per year = $133000

Yielding = $21200

Annual depreciation = $88200

Annual profit = $133000 - $88200 = $44800

Net investment is equal to = $793800 - $21200 = $772600

Simple rate of return =\frac{44800}{772600}=0.0579

= 5.8%

Therefore simple rate of return is 5.8 %

So option (a) is correct.

6 0
3 years ago
McGaha Enterprises expects earnings and dividends to grow at a rate of 25% for the next 4 years, after the growth rate in earnin
Lerok [7]

Answer:

The correct option is B,$29.05

Explanation:

The required rate of return is can be computed using  Miller and Modgiliani CAPM formula below:

Ke=Rf+Beta*Mrp

Ke is the cost of equity which is unknown

Rf is the risk free rate of 3.00%

Mrp is the market risk premium of 5.50%

Beta is 1.2

Ke=3.00%+(1.2*5.50%)

Ke =9.6%

The current price of the common stock is the present value of dividends payment and stock price(terminal value) as shown below discounted with Ke of 9.6%

Year 1 $1.25*(1+25%)=$1.56 *1/(1+9.6%)^1=$1.43

Year 2 $1.56*(1+25%)=$1.95 *1/(1+9.6%)^2=$1.63

Year 3 $1.95*(1+25%)=$2.44 *1/(1+9.6%)^3=$1.85

Year 4  $2.44*(1+25%)=$3.05 *1/(1+9.6%)^4=$2.11

Terminal value=year 4 dividend/ke=$3.05/9.6%=$31.79*1/(1+9.6%)^4=$22.03

Total present values=$1.43 +$1.63+$1.85 +$2.11 +$22.03=$29.05

7 0
3 years ago
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