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FinnZ [79.3K]
3 years ago
13

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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Alex17521 [72]

<span>A. The relative price of goods and services. The law of demand and supply explains the interaction between the supply and demand of a resource. The law of demand states that if all things are equal, the higher the price the lesser (quantity) the demand for the goods/services. While the law of supply states that if all things are equal, the higher the price, the higher the (quantity) supply of goods/services.  </span>

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3 years ago
North American Van Lines and Allied Van Lines combined in a _____ merger that will create the world's largest moving company. Pr
8_murik_8 [283]

Based on the type of customers that both companies served, this is a <u>horizontal merger. </u>

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North American Van Lines and Allied Van Lines targeted different customers so when they merged, this was a horizontal merger.

Find out more on horizontal mergers at brainly.com/question/1807854.

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3 years ago
If the sales volumes in the east and west regions had been reversed, what would be the company’s overall break-even point in uni
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To calculate the breakeven point in units, use the following formula: Points (Sales) = Fixed Costs ÷ Contribution Margin

The break-even point (BEP) helps the business owner/CFO to realistically check how long it will take to see a return on an investment. For example, calculate or model the minimum turnover required to cover the cost of entering a new location or new market.

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6 0
1 year ago
Use the following information to determine this company's cash flows from financing activities.
EastWind [94]

Answer:

See the explanation below.

Explanation:

<u>Details                                                                Amount ($) </u>

Issued common stock                                          74,000

Dividend paid                                                       (13,000)

Settlement of note payable                               (120,000)

Treasury stock acquired                                   <u> (120,000) </u>

Net cash flows from financing activities       <u> (179,000)  </u>

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4 years ago
The company has 15,000 machine hours available each period, and there is unlimited demand for each product. what is the largest
FrozenT [24]
The answer in this question is $135,000.Solution to get the answer is For X the company earns $24/3 = $8/MH; for Y the company earns $18/2 = $9/MH; hence, the company would want to specialize in producing Y. The company can make 15,000/2 = 7,500 units of Y, earning a total CM of 7,500 x $18 = $135,000. (This can also be calculated as $9 x 15,000.)
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