Answer:
$228,000
Explanation:
Preparation of the operating activities section of the statement of cash flows for 2017 for Sosa Company
Sosa Company operating activities section of the statement of cash flows for 2017
Net income $190,000
Add:Depreciation expenses $35,000
Loss on disposal of plant assets $5,000
Increase in accounts payable $17,000
Less: Increase in accounts receivable($15,000)
Increase in prepaid expenses ($4,000)
Net cash flow of the operating activities $228,000
Therefore the operating activities section of the statement of cash flows for 2017 for Sosa Company will be $228,000
Answer:
The answer is: At least 80%
Explanation:
If corporations want to file consolidated tax returns they must be part of an affiliated group. They will be part of the same affiliated group if at least 80% of the voting power and stock value of each is owned by a mutual "parent corporation" and by each other corporation of the affiliated group.
In this case, Dana Corp. must own 80% the stocks and voting power of Seco Corp.
Answer:
The financial analyst would be more justified in concluding the firm's liquidity position most probably has improved.
Explanation:
The current ratio is the which is used to measure or evaluate the firm short- term liquidity position and it provides a relationship among the CA (Current Assets) and CL (Current Liabilities).
As the Current ratio is 3.8 today, which is good for the firm as they have the ability to meet up its short- term obligations. Which in turn concludes that the firm liquidity position is improving.
Answer:
A shift from AD 1 to AD 2 and a movement to point B, with a higher price level and higher output.
Explanation:
The above is what the expansionary monetary policy of the Federal government will cause in a situation where a policy was introduced on a short-run.
Answer:
time = 32.70
Explanation:
given data
present value = $16000
earning interest = 1.00% per month
future value = $26,000
save additional = $100 per month
solution
we apply here future value annuity formula that is
future value annuity = present value × + payment × ..........1
put here value and we get
$26,000 = $16000 × + $100 ×
$26000 = $16000 × - 1 + $1000 × ( )
$36000 + 1 = $26000 ×
take ln both side and solve
t = 32.70