1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madam [21]
3 years ago
6

For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa

id $39,600 cash to suppliers, and purchased equipment for $77,600 cash. What is the net cash used by investing activities for Year 1?A. $130,000 B. $209,200 C. $92,000 D. $77,600
Business
1 answer:
Yanka [14]3 years ago
4 0

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

You might be interested in
Which of the following best describes a situation where an oligopoly exists?
gladu [14]
I think the answer is a but I am not for sure
6 0
3 years ago
How does the chain of command facilitate the operations of a large structured organization?
tia_tia [17]

Answer:

The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.

Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce

The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies

Explanation:

7 0
3 years ago
Peters Manufacturing Company has the following data at June 30, 2019:
nignag [31]

Answer:

Gross Profit                      $ 74,000

<u>Cost of Goods sold                                   $ 506,000</u>

Explanation:

Peters Manufacturing Company

Income Statement

June 30, 2019

<u>Sales                                                 $580,000</u>

Total manufacturing costs 430,000

Add Work in process inventory, June 1 18,100

Cost of Goods Available for Manufacturing  548,100

Less Work in process inventory, June 30 30,400

Cost Of Goods Manufactured  517,700

Add Finished goods inventory, June 1 43,500

Cost Of Goods Available for Sale  561,200

Less Finished goods inventory, June 30 55,200

<u>Cost of Goods sold                                   $ 506,000</u>

Gross Profit                      $ 74,000

5 0
3 years ago
A sewage treatment revenue bond issue is being underwritten on a negotiated basis. The offering consists of $50,000,000 par valu
Slav-nsk [51]

Answer:

The multiple choices are :

a.$8

b.$20

c.$22

d.$45

The correct option is C.$22

Explanation:

The earnings accruing to the selling group is the selling concession of $22 per $5,000 per bond.

Option A is obviously wrong as there is nothing in the questions that suggest earnings of $8 per bond for the selling group.

Option D is wrong as well because $45 per bond is the spread  which is the extra yield to bondholders when compared to investment in government securities

5 0
3 years ago
£)
aleksley [76]

Answer:

The greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket

Explanation:

Given that the number of mangoes in one basket = 120 mangoes

Also, the number of mangoes in another basket = 168 mangoes

The greatest number of mangoes, X and Y that are to taken out from each basket so that both of them will empty simultaneously is found as follows;

We note that the ratio of the number of mangoes in both baskets are;

120:168 = 5:7

Therefore, we have;

5 × Y = 120

Y = 20/5 = 24

Similarly, we have;

7 × X = 168

X = 168/7 = 24

We can take 5 mangoes from one basket and 7 mangoes from the other basket 24 times, for both mangoes to empty the same time

We can also take 5×12 = 60 mangoes twice from one basket and 7 × 12 = 84 mangoes twice from the other basket to empty the baskets

We can also take 120 mangoes one from one basket and 168 mangoes one from the other basket to empty the baskets.

Therefore, the greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket.

3 0
3 years ago
Other questions:
  • Please help best gets brainiest
    13·1 answer
  • Which of the following is included in the investment component of GDP? a. households’ purchases of newly constructed homes.
    12·1 answer
  • Which of the following is NOT an example of a caught-in or caught-between hazard?
    8·2 answers
  • For all facebook pages, the conversion rate would be calculated as the percentage of visitors to the page who click the "like" b
    11·1 answer
  • A driver should not strive to develop a positive attitude when driving
    14·2 answers
  • Explicit and Implicit Costs) Amos McCoy is currently raising corn on his 100-acre farm and earning an accounting profit of $100
    13·1 answer
  • Oldham Corporation bases its predetermined overhead rate on a variable manufacturing overhead cost of $4.00 per machine-hour and
    15·1 answer
  • What two cultural factors influenced the variety of Chinese lays potato chip flavors
    12·1 answer
  • Although most people want maximum attainment of every economic goal, there is the operating reality of ________________________
    9·1 answer
  • at the phase 3 meeting, the project manager will outline the process to . a.) transfer the deliverables into operational state a
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!