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QS 12-15 Computing financing cash flows LO P3 The following information is from Princeton Company’s comparative balance sheets.

natulia [17]

Answer:

cash received from issuance234,000

cash used for dividends 24,000

Explanation:

Common stock 111,000 104,000

Paid -in excess of par 571,000 344,000

RE 317,500 291,500

Common Stock Paid-in Excess RetainedEarnings Cash

Debit Credit Debit Credit Debit Credit Debit Credit

104,000 344,000 291,500 7,000 227,000 234,000

Balance111,000 Balance: 571,000 50,000

24,000 24,000

Balance: 317,500

Beginning Earnings + Income - Dividends = Ending

Dividends= Beginning + Income - Ending

Dividends= 291,500 + 50,000 - 317,500 = 24,000

7 0

3 years ago

Companies that fail to install adequate safety equipment because they feel pressured not to cut into their profits commit a crim

UkoKoshka [18]

This behavior best explained by Strain theory

Explanation:

Strain theory, in sociology, a hypothesis that pressure arising from social conditions, such as lack of income or lack of quality education, causes individuals to commit a crime. Strain theory describes deviant behavior as an unavoidable consequence of the experience of distressing individuals as they are deprived of the means of attaining cultural goals.

The central principle of general strain theory is that people who encounter pressure or stress are depressed or frustrated which can lead them to commit a crime to cope.

8 0

2 years ago

A common misconception surrounding both environmental and social sustainability is that their practice increases supply chain co

alexandr1967 [171]

Answer:

True.

Explanation:

In today's world it is a mistake to relate environmental and social sustainability to rising costs and altruism. It is a fact that consumers are more informed and have transformed their consumer relationship with companies, currently society demands organizational transparency and seeks to relate to entities that help in social and environmental development.

But more than altruism and improvement of the organizational image, companies that adopt an environmental and social management system achieve several strategic and economic benefits, which helps to reduce costs and waste, besides the possibility of market gain and increased customer satisfaction. stakelhoders, as the most important of the environmental and social management system, continuous process improvement, which in the long term becomes value for the organization.

7 0

3 years ago

Which of the following statements about depreciation is correct? When depreciation expense is incurred, cash balances are reduce

Ksju [112]

Answer:

The correct answer is letter "B": Depreciation reduces the book value of assets .

Explanation:

Depreciation shows how much and the value of the assets was used up. This also aims to balance an asset's cost to the revenue that the asset has helped the business gain. Used as an income tax deduction, depreciation calculations offer businesses an annual allowance for the use and deterioration of tangible (physical) assets.

Depreciation reduces the book value of assets because, after the depreciation calculation is done, the amount computed decreases the current value of the asset it represents.

6 0

3 years ago

When total production is greater than total expenditures, __________ is produced than households want to buy, which leads to ___

Tom [10]

If the total production exceeds the total expenditures this means that there are more goods are produced than the demand of each households. Thus, this will lead to an increase of inventory. Then this will signal the manufacturing firm that they have overproduced the goods which will lead to cut back the production. This leads to lesser prices and/or unsold goods alongside with the likelihood of unemployment. Therefore the answer is d.

6 0

3 years ago