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yawa3891 [41]
2 years ago
13

The End Co issued preferred stock for proceeds of $19,000 during 2014. The company paid dividends of $3,500 on the preferred sto

ck. The company issued a long-term note payable for $75,000 in exchange for a building during the year and bought $16,000 of new equipment. The company also purchased treasury stock for $5,000. The financing section of the statement of cash flows will report net cash inflows of
Business
1 answer:
Brilliant_brown [7]2 years ago
6 0

Answer:

The financing section of the statement of cash flows will report net cash inflows of  $10,500

Explanation:

The financing section of the statement of cash flows shows results of cash resulting from capital invested by owners, debt issued and repayments to capital and debt.

Cash Flow from Financing Activities

Preferred Stock Issued                                                        $19,000

Dividends Paid                                                                     ($3,500)

Treasury Stock Purchased                                                  ($5,000)

Net Cash Provided by Financing Activities                        $10,500

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: In 2021, Garret Market remained fully open while conducting inventory, but in 2022 Garrett closed during inventory. In 2023, G
andreev551 [17]

Answer:

The answer is:

  • 2022 most accurate inventory
  • 2021 least accurate inventory

Explanation:

Garret Market uses a periodic inventory system (updates are made on a periodic basis) and in order to carry out this process correctly, the inventory should remain closed. Only in 2022 was the inventory closed, so it should be the most accurate. In 2021 the store remained fully opened and inventory was modified daily, so it should be the least accurate.

8 0
3 years ago
Read 2 more answers
Felipe works for an insurance agency with about 50 employees. The HR director recently sent an email requesting information on w
Zinaida [17]

Answer:

C.  Most people used the reply all button

Explanation:

This is a problem that can occur in companies due to misuse of e-mail functionalities. What happened in this case was that the employees who responded to the HR director's request email, used the reply button to all contacts forwarded in the director's original email, which ends up creating an email chain unnecessary and can hinder and delay the work of other employees, who need to see emails related to their role.

Therefore, the essential thing is that each employee makes use of the e-mail tool effectively, responding only to the recipient of the e-mail and avoiding sending unnecessary and private messages to contacts not interested in the professional subject addressed in the e-mail.

7 0
3 years ago
The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as: Mu
liubo4ka [24]

Answer:

E. Over applied overhead

Explanation:

Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.

When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.

5 0
3 years ago
The Besnier Company had $250 million of sales last year, and it had $75 million of fixed assets that were being operated at 80%
Elina [12.6K]

Answer:

$312.5 million

Explanation:

Given that,

Besnier Company's sales last year = $250 million

Fixed assets last year = $75 million

Previous operating capacity of fixed assets = 80%

Sales at full capacity:

= Previous sales ÷ Previous Capacity

= $250 million ÷ 80%

= $312.5 million

Therefore, if the company had operated at full capacity then the sales could have been $312.5 million.

7 0
3 years ago
Your parents invested $1000 into an account when you were born. The account has an interest rate of 6% and compounds monthly (12
Gelneren [198K]

Answer:

$3,310.20

Explanation:

The applicable formula in this case is

A = P x ( 1 + r )^ n

Where A= amount after 20 years

P is principle amount= $1000

r is interest rate = 6 % or 0.06 per year: monthly interest = 0.06/12

n is number of periods = 12 months x 20 years

A = $1000 x ( 1 + 0.005) ^240

A = $1000x (1.005) ^ 240

A =$1000 x 3.31020447580

A =$3,310.2044

8 0
3 years ago
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