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3 years ago

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.

Business

1 answer:

gregori [183]3 years ago

6 0

Answer: -$70,500

Explanation:

Cashflows from investing activities are those that are related to the acquisition or sale of fixed assets as well as transactions involving securities owned by other companies.

Cashflows from Investing Activities are:

Cash used for purchase of mining equipment -83,000

Cash provided from sale of equipment purchased in c. above +23,500

Purchase of company vehicle -11,000

Net Cashflow from Investing activities -$70,500

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If a financial portfolio manager in the u.s. buys british company stocks in the london stock exchange, this would involve:

oksian1 [2.3K]

In order for a financial portfolio manager to purchase stocks in a British-operated business, it would require various forms of licensing and permissions on behalf of the financial manager to be able to make oversea purchases. This would ultimately allow the individual to make such a transaction.

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4 years ago

Seventy percent of Parlee Corporation's sales are collected in the month of sale, 25% in the month following sale, and 5% in the

Gnoma [55]

Answer:

C) $370,000

Explanation:

sales expressed in thousands of $

Month total sales collected in collected in collected

current m. 70% next m. 25% 2 m. 5%

Jan. 600 420

Feb. 700 490 150

Mar. 500 350 175 30

Apr. 300 210 125 35

May 75 25

June 15

total cash collection in April = $210,000 + $125,000 + $35,000 = $370,000

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4 years ago

Routsong Corporation had the following sales and production for the past four years:

andreyandreev [35.5K]

Answer:

B. Because of the changes in production levels, under variable costing the unit product cost will change each year

Explanation:

In variable costing, Product Cost is the total of variable manufacturing costs only. Whereas in Absorption costing, the Product cost is the total of both variable and fixed manufacturing overheads.

The following statements is not correct : Because of the changes in production levels, under variable costing the unit product cost will change each year.

6 0

3 years ago

You want to borrow $115,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $2,250, but n

Alex787 [66]

Answer:

APR 6.498%

Explanation:

We solve for rate using excel goal seek

we write on A1:

=PV(A2;60;2,250)

Now, on A2 wirite any number as a placeholder

Last we use goal seak tool to make the A1 value of 115,000 changin A2 (which is the rate)

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2,250.00

time 60

rate 0.00541501

$2250 \times \frac{1-(1+0.00541501038042548)^{-60} }{0.00541501038042548} = PV\\$

PV $115,000.0007

now, this rate will be monthly so we multiply by 12

0.00541501 x 12 = 0,06498012‬ = 6.498%

7 0

3 years ago

Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $16 million, and production

Tema [17]

Answer:

1.Initial investment outlay= $19 million

2. N0

3.Initial investment outlay= $ 20.5 million

The project's cost will INCREASE

Explanation:

1. Calculation for the initial investment outlay

Using this is formula

Initial investment outlay = New equipment cost + Working capital

Let plug in the formula

Initial investment outlay= $16 million + $3 million

Initial investment outlay= $19 million

Therefore the Initial investment outlay will be $19 million

2. If the company spent and as well expensed the amount of $150,000 on research related to the new product last year, this means that the amount of $150,000 which is a research cost will be a sunk cost because it occured last year which simply means that the initial investment outlay will still remains the amount of $ 19 million.

Therefore there would NOT be any change in the initial investment outlay because it will still remains at the amount of $ 19 million.

3. If the building could be sold for the amount of $1.5 million after taxes and real estate commissions and the company wishes NOT to sell the building this will lead to a loss for the company which is why the company will have to add the amount of $1.5 million into the already initial investment outlay of $19 million while evaluating their project.

Hence,

Initial investment outlay = $19 million +$ 1.5 million

Initial investment outlay= $ 20.5 million

Therefore The project's cost will INCREASE by the market value of the building

3 0

3 years ago