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fredd [130]
3 years ago
5

Whispering Winds Corp. issued common stock for proceeds of $513000 during 2022. The company paid dividends of $91000 and issued

a long-term note payable for $345000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $75000. The financing section of the statement of cash flows will report net cash inflows of
Business
1 answer:
Oksanka [162]3 years ago
8 0

Answer:

$347,000

Explanation:

Financing Activities are Activities regarding sourcing and repayment of finance.

Also, Consider only transactions or events involving movement of cash.

<u>Cash flow from Financing Activity</u>

Proceeds from Issue of shares                                $513000

Dividend Paid                                                            ($91000)

Purchase of treasury stock                                      ($75000)

Net Cash Provided by Financing Activities           $347,000

therefore,

The financing section of the statement of cash flows will report net cash inflows of $347,000.

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Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $201,0
mel-nik [20]

Solution:

Differential Analysis:      

                                      Continue      Eliminate      Net income

                                                                                   Inc/Dec  

                                                                                             

Sales                               201000             0                -201000  

variable cost                     176000             0                 176000  

Contribution margin          25000              0                -25000  

Fixed cost                        30000           20300               9700  

Net income / (loss)           -5000             -20300          -15300  

No, The Product line shall not be eliminated  

4 0
3 years ago
3. According to their comparative advantage, Alphaland specializes in axes and Betaville specializes in batons. Alphaland will t
Nady [450]

Answer: Option (C) is correct.

Explanation:

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that good is lesser in that country as compared to the other country.

From the information given in the question, it is clear that Alphaland has a comparative advantage in axes and Betaville has a comparative advantage in batons.

Hence, Alphaland will trade axes for batons only if the price of batons is lower than the cost of producing it in Alphaland. So that there is a possibility mutually beneficial trade.

7 0
3 years ago
Ok i have a question: whats your dream jobs or goals in life?
Jet001 [13]

Answer:

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6 0
3 years ago
Read 2 more answers
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Nikitich [7]
The answer would be C) because haha no its not D) because people today abuse gambling and as a result go to addiction and lose all their money. Not A) because any website can add any music or u can play music in the background. Not B) because that's incorrect.
6 0
3 years ago
Claudine Corporation will deposit $5,700 into a money market sinking fund at the end of each year for the next five years. How m
valkas [14]

Answer:

Accumulated amount at the end of the fifth year = $34,112.85

Explanation:

Sinking Fund involves saving an series of equal amount periodically invested at certain rate of interest to accumulate a target amount in the future. The target amount might be for the purpose of financing a specific capital project or loan repayment.

Where an equal deposit is invested the sum accumulated (deposit plus interest earned) at the end of the final period is known as the Future Value (FV) of the sinking fund.

The FV is determined as follows:

FV = A × ((1+r)^(n) -  1)/n)

where FV- future value, A- annual cash flow, r-rate of return, n- number of years.

<em>In this question, we have the details as follows</em>;

FV-?, A-5,700, r- 9%, n- 5

<em>So we can determine the FV;</em>

FV = 5,700 × ((1+0.09)^(5)- 1)/0.09

FV = 5,700 × 5.9847

FV = 34,112.85

Accumulated amount at the end of the fifth year = $34,112.85

8 0
3 years ago
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