Consider this scaled figure of a swimming pool. The dimensions of the original pool are 24 feet wide by 36 feet long.

Assume all items involve cash unless there is information to the contrary. (a) Purchase of equipment. choose the type of cash fl

VARVARA [1.3K]

Answer: Please see answer in explanatory column

Explanation:Classifying each according to cash flow activity in terms of operating, investing, or financing activity gives

(a) Purchase of equipment.-----investing activity

(b) Sale of building.-----investing activity

(c) Redemption of bonds.-----financing activity

(d) Cash received from sale of goods. ------investing activity

(e) Payment of dividends.-------financing activity

(f) Issuance of capital stock. -------financing activity

4 0

3 years ago

A leading beverage company sells its signature soft drink brand in vending machines for $0.87 per 12 oz. can. A vending machine

ycow [4]

Answer:

655

Explanation:

Breakeven quantity are the number of units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$190 / ( 0.87 - 0.58) = 655.2 = 655 to the nearest whole number

8 0

3 years ago

A hospitality company is evaluating building a new hotel in Bloomington (capital project) that management forecasts will generat

Gre4nikov [31]

Answer:

A

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-165,000

Cash flow in year 1 - 6 = $45,000

I = 12%

NPV = $20,013.33

the project should be approved because NPV is positive

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

3 0

3 years ago

Most modern workers _________.

Lisa [10]

Answer:

B. Will change both their jobs and careers

Explanation:

Internet made it really easy for people to access information , including new educations. Due to the abundant of information that the people can use, acquiring new skills and connections that required to change jobs became much Easier.

According to the data that recorded by the government, around 51% of modern workers change their jobs within 1-5 years period and around 30% workers change their careers every 12 months.

4 0

3 years ago

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The following account titles were drawn from the general ledger of Holt Food Supplies, Incorporated (HFSI): Computers, Operating

otez555 [7]

Answer:

For the provided accounts we have

Assets = Liabilities + Stockholder's equity

Stockholder's Equity = Stock + retained earnings

Here, for the list the items and their respective headings are:

Main solution:

Computers = Asset

Operating expenses = Retained earnings = Stockholder's Equity

Rent Revenue = Retained Earnings = Stockholder's Equity

Building = Asset

Cash = Asset

Notes Payable = Liability

Land = Asset

Utilities Payable = Liability

Utilities Expense = Retained Earning = Stockholder's Equity

Trucks = Assets

Gasoline Expense = Retained Earnings = Stockholder's Equity

Retained Earnings = Stockholder's Equity

Supplies = Asset

Accounts Payable = Liability

Office Furniture = Asset

Salaries Expense = Retained Earnings = Stockholder's Equity

Common Stock = Stockholder's Equity

Service Revenue = Retained Earnings = Stockholder's Equity

Interest Expense = Retained Earnings = Stockholder's Equity

Dividends = Retained Earnings = Stockholder's Equity

Supplies Expense = Retained Earnings = Stockholder's Equity

Note: All the expense items are deducted from retained earnings and thus deducted from stockholder's equity.

And all the incomes are added to retained earnings and thus, added to stockholder's equity.

3 0

2 years ago

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