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LenKa [72]
3 years ago
7

Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin

g table, identify which type of activity is described below.
a. Fitzi Chemical Co. earns revenue from its cash receipts from royalties.
b. The Yum chain of restaurants conducts an initial public offering to raise funds for expansion.
c. A company records a decrease in its total raw materials inventory from the previous year.
d. A pharmaceutical company buys marketing rights to sell a drug exclusively in East Asian markets.
Business
1 answer:
Andrews [41]3 years ago
5 0

Answer and Explanation:

The classifications are as follows:

a. Operating activities: As there is a cash receipts from royalities so the same come under this activity

b. Financing activities:  As the funds are raised so the same would be come under this activity.

c. Operating activities: As there is a decrease in raw material inventory as compared to the last year so the same is come under this activity

d. Investing activities: As the marketing rights are purchased so the same would be come under this activity

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A real estate salesperson is often approached by home buyers of a particular race. His usual practice is to show them homes in n
guapka [62]

Answer: Racial steering

Explanation: Racial steering refers to the practice in which real estate brokers guide prospective home buyers towards or away from certain neighborhoods based on their race .Another example of racist practices is racial steering, in which real estate agents direct prospective homeowners toward or away from certain neighbourhoods based on their race.Steering can take several forms. Information steering occurs when minority homeseekers are shown or given information on fewer homes or neighborhoods than non minority homeseekers. Segregation steering occurs when minorities are shown homes in areas with larger minority populations than areas shown to non minorities. And class steering occurs when neighborhoods shown to minority homeseekers are of lower socioeconomic status than those shown to non minorities. Several actors in the housing industry engage in steering. Mortgage lenders and insurance agents often provide less information and offer fewer, more expensive, and lower quality products to non white households or residents of non white communities than they do for whites and predominantly white communities.

4 0
3 years ago
Carl sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. both ha
Ganezh [65]

B.calculate the simple discount note proceeds. simple discount note proceeds

3 0
3 years ago
The majority if new business owners rely heavily on
Sidana [21]
The amount they have to pay there employes
4 0
3 years ago
A welding company specializes in custom steel frames and uses job costing to account for its operations. The following informati
nalin [4]

Answer: $21 per direct labor hour.

Explanation:

Based on the information given in the question, the predetermined overhead rate that is used will be calculated as:

= Manufacturing overhead / Direct labor

where,

Manufacturing overhead = 5460

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Therefore, predetermined overhead rate:

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6 0
3 years ago
On July 1, 2019, Sunland Company purchased new equipment for $80,000. Its estimated useful life was 5 years with a $10,000 salva
Paraphin [41]

Answer:

On December 31,2019

Depreciation expense Dr $7,000

          To Accumulated depreciation $7,000

(Being the depreciation expense is recorded)

Explanation:

The journal entry is shown below;

On December 31,2019

Depreciation expense Dr $7,000

          To Accumulated depreciation $7,000

(Being the depreciation expense is recorded)

The computation is shown below:

= ($80,000 - $10,000) ÷ 5 years × 6 months ÷ 12 months

= $7,000

For recording this we debited the depreciation expense as it increased the expenses and decreased the assets so the accumulated depreciation is credited

And, the six months is taken from July 1 to December 31

     

4 0
3 years ago
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