Answer:
Option C is correct.
Explanation:
The statement of cash flow presents us the information about the cash, where the cash was invested including how much cash we have earned by investing in projects, how much cash the operations has created and how much cash has been created from the financing activities. This statement tells us about the origin of the cash and where the company is spending it.
Answer:
$3
Explanation:
SBC Corp
($million)
FV in excess of book value $12
×
Share of ownership 25%
Additional depreciation in total $3
Therefore the total amount of additional depreciation to be recognized by SBC over the remaining life of the assets is: $3
Answer:
62,500 shares
Explanation:
common stock = 500,000 shares
Total shares outstanding = 40 million
Percentage of existing holding:
= (Shares of common stock ÷ Total shares outstanding) × 100
= (500,000 ÷ 40,000,000) × 100
= 1.25%
New shares that can be purchased:
= Number of new shares sold × Percentage of existing holding
= 5 million × 1.25%
= 62,500 shares
Answer:
$5,750
Explanation:
Calculation to determine How much of the 2020 dividend was distributed to preferred shareholders
Dividend distributed to preferred shareholders=11500 shares *$10 par non-cumulative preferred stock*5%
Dividend distributed to preferred shareholders=$5,750
Therefore Dividend distributed to preferred shareholders is $5,750
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Hope this helps! :)
