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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.

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In computations of weighted average of shares outstanding, when a stock dividend or stock split occurs, the additional shares ar
amm1812

Answer:

The correct option is 4

Explanation:

Weighted average shares outstanding, is the term which is described as the number of company shares evaluated after the adjustment for the variations in the share capital through the reporting year.

The shares of the company which are outstanding will not be constant and might change or vary through various times through the period.

While computing the weighted average of the shares outstanding, when the stock dividend happen, the extra shares are taken as outstanding at the starting of the earliest period.

8 0
3 years ago
SCREEN SHOT / MAX POINTS / WILL MARK BRAINLIEST Match the term to the definition. mixed economy The method a country uses to ans
Stolb23 [73]

Answer:

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3 0
2 years ago
What was the major difficulty for the athletes?
valina [46]

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because

4 0
2 years ago
12. The equation: quantity of output supplied = natural rate of output + a(actual price level - expected price level), where a i
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Explanation:

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7 0
3 years ago
Gargoyle Unlimited Gargoyle Unlimited is planning to issue a zero coupon bond to fund a project that will yield its first positi
asambeis [7]

Answer:

The answer is 6.72%

Explanation:

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5 0
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