1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katovenus [111]
3 years ago
7

Milliken Company paid $2.2 million to purchase stock in another company, $1.0 million to repurchase treasury shares, $0.5 millio

n to buy short-term investments, sold used equipment for $0.8 million when its book value was $0.6 million, and purchased new equipment for $3.4 million. What was the net cash flow from investing activities? $6.3 million net cash outflow. $5.3 million net cash outflow. $5.1 million net cash outflow. $4.8 million net cash outflow.
Business
1 answer:
LenKa [72]3 years ago
8 0

Answer:

Net cash flow from investing activities -$5.3 million

Explanation:

The computation of the net cash flow from investing activities is shown below:

Purchase stock -$2.2 million

Short term investment purchase -$0.5 million

Sold equipment $0.8 million

Purchase new equipment -$3.4 million

Net cash flow from investing activities -$5.3 million

You might be interested in
If your answer is zero, enter "O". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $2,340 a mon
scoundrel [369]

Answer:

$2,400 in 2019 are deductible as alimony.

Step-by-step explanation:

Hillary get divorced in the year = 2016

She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.

His son will reach of the age of 18 = 2016 + 7 = 2023

She has to pay $200 till 2023 and $120 thereafter.

Her payments are deductible as alimony in 2019 would be = $200 × 12

                                                                                                 = $2,400

$2,400 in 2019 are deductible as alimony.

4 0
3 years ago
A competitive firm produces output using three fixed factors and one variable factor. The firm's short run production function i
Nesterboy [21]

Answer:

D) 75

Explanation:

Our initial production function is:

q = 305X - 2X²        

we calculate the derivative of q:

(q') = 305 - 4X

MP = 305 - 4X

$10 / $2 = 305 - 4X

5 = 305 - 4X

4X = 305 - 5 = 300

x = 300 / 4

x = 75

6 0
3 years ago
how can you guarantee that your talk or speech will be interesting to your audience? Is this good advice? Why or why not? Justif
Rashid [163]
If you want to make sure it's interesting, you have to cater your speech/talk to your target audience. This is good advice. A 15-page detailed Powerpoint presentation with note cards would do as much good when presenting to kindergarteners as a water hose would do good in a flood. But, say, it was a fire, then the water hose might come in handy. In our case, your boss at the business meeting would find your Powerpoint much more interesting than kindergarteners would. 

Hope this helps! Have a nice day :)
7 0
3 years ago
Mary's Baskets Company expects to manufacture and sell 24 comma 000 baskets in 2019 for $ 7 each. There are 2 comma 000 baskets
denis23 [38]

Answer:

The budgeted sales revenue is : $168,000

Explanation:

In 2019, as Mary's Basket Company has the opening Inventory balance of 2,000 baskets; projects to manufactures 24,000 baskets, plans to maintain ending inventory at $2,000 baskets without any work-in-process inventory; We have the baskets available for sales in the year of 2019 is:

  Actual Ending Balance of 2018 + Projected manufactured baskets during the year 2019 - Planned ending Balance of the year 2019 = 2,000 + 24,000 - 2,000 = 24,000

The unit price is projected at $7.

Thus, we have the projected sales revenue is:

  Projected Unit price x Projected baskets available for sales = 7 x 24,000 = $168,000

7 0
3 years ago
Which group primarily helps settle trade disputes?
mash [69]

World Trade Organization

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which kind of listing gives one broker the right to sell, but allows the owner to sell the property and not owe a commission to
    10·1 answer
  • The nine-digit number that identifies the bank that a check came from is called a(n) _____. A.account number. B.bank number. C.c
    7·2 answers
  • The required sales in units to achieve a target net income is:___________ (sales target net income)
    13·1 answer
  • Exercise 7-9 (part level submission) don wyatt is unable to reconcile the bank balance at january 31. don's reconciliation is as
    7·1 answer
  • Freshmart, Inc., began the year with 250 units of inventory at a cost of $55 per unit using variable costing, produced 1,000 uni
    11·1 answer
  • Which of the following will cause an increase in ROI? An increase in controllable fixed costs. An increase in average operating
    5·1 answer
  • Knowledge about how the world works that is used to produce goods and services is: Please choose the correct answer from the fol
    13·1 answer
  • Mitchell has a cause: He loves cats. As an economist, he could earn $100,000 as a faculty member, but instead he decides to devo
    15·1 answer
  • The presence of a sales tax means that people pay a tax on most everyday things they buy, such as clothes and groceries. In the
    11·1 answer
  • How many people see fights at school and put the video on this
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!