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
White raven [17]
3 years ago
8

Carter Containers sold marketable securities, land, and common stock for $37.0 million, $13.0 million, and $35.0 million, respec

tively. Carter also purchased treasury stock, equipment, and a patent for $23.0 million, $23.0 million, and $10.2 million, respectively.
What amount should Carter report as net cash from investing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)
Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

$16.8 million

Explanation:

Calculation to determine What amount should Carter report as net cash from investing activities

($ in millions)

Cash Flows from Investing Activities:

Proceeds from sale of marketable securities $37

Proceeds from sale of land $13

Less Purchase of equipment for cash ($23)

Less Purchase of patent for cash($10.2)

Net cash inflows (outflows) from investing activities $16.8

Therefore the amount that Carter should report as net cash from investing activities is $16.8 million

You might be interested in
All of the following are public relations tools except:______
Montano1993 [528]

Answer:

b. coupons and rebates.

Explanation:

Public Relations Tools or PR tools are a way for a specific company or organization to communicate with the public and media in order to control information, advertise products/services, and even gain exposure in a market. This is done through the use of many tools such as

  • Media relations
  • Advertorials
  • Social media
  • Newsletters
  • Brochures and catalogs
  • Business events
  • Speaking engagements
  • Sponsorships or partnerships

This does not include coupons and rebates which are used simply to garner more sales for a company

8 0
3 years ago
A researcher wants to test if juvenile hormone (similar to testosterone) is associated with aggression in paper wasps. The resea
Lady_Fox [76]

Answer:

b. The pairs in which neither individual is given extra juvenile hormone is the control

Explanation:

This is an experiment in which the researcher wants to establish a relation between the aggresion in wasp with the juvenile hormone, but to know which are really the effects you need something to compare with, that is called the control group, that is usually in the normal conditions, in this case it corresponds to the pairs in which they don't give the extra juvenile hormone, so the researcher can compare the difference between this pair with the pair in which one of the individuals has extra juvenile hormone.

6 0
3 years ago
A net worth statement, financial goals, and a budget are all part of a _____.
Gemiola [76]
A net worth statement, financial goals, and a budget are all part of a financial plan.
5 0
3 years ago
A society decides that it needs to produce more corn to feed the growing population. What must it do before it begins the produc
Aneli [31]

Answer:

Perform an analysis on existing resources such as land availability, water availability, manpower, mechanization

Explanation:

The first thing required in such case is to first analyze the existing resources available to them to begin the production process. One factor to be considered is water availability. Do they have the available amount of water for irrigation purposes or for other purposes in the production process. Do they have available land area that can feed a growing population. They need to also check if they have adequate manpower and mechanization to engage in such large-scale production of corn.

3 0
3 years ago
Which estimating technique uses a statistical relationship to calculate cost or duration based on historical data and other proj
Yuliya22 [10]

Answer:

parametric estimating

Explanation:

parametric estimating - it is referred to as a technique that is induced to calculate the exact cost and duration for any project. It defined the relationship between the variables (published data) needed to estimate the cost and duration. it determined the total number of units that need to be required and unit cost for a particular project. The main application of this technique is seen in filed like engineering, life science, etc.

3 0
3 years ago
Other questions:
  • How might differences in the extent to which countries apply the accounting concept of conservatism (some countries are more con
    8·1 answer
  • Macroeconomic forces contribute to an industry's ability to be profitable. Which of the following examples shows how a company m
    15·1 answer
  • Renata has a home loan for $150,000 at 7.5% interest for 30 years and her payment is $987.00 per month (including principal and
    6·1 answer
  • The Skagit Company manufactures Hooks and Nooks. The following shows the activities per product and total activity information:
    9·1 answer
  • Henderson is a local automobile salesperson. He earns 6% commission on all of his automobile sales. Last month, he earned $9,900
    5·1 answer
  • In a manufacturing business, the ________ transforms finished goods into cash.
    15·1 answer
  • Grameen Bank extends credit to the very poor to give them the opportunity to build better lives. Other businesses target poor pe
    7·1 answer
  • Jordan signed a finance agreement for her recent purchase. what is the total amount she will pay back under this agreement?
    10·2 answers
  • Miranda thinks she's ready to invest in the stock market. what should she have done to prepare? she should have paid off credit
    10·2 answers
  • Bigbucks Brokerage provided the taxpayer $2,400 in bicycle commuting reimbursement in 2020. How much of that reimbursement, if a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!