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Anna007 [38]
2 years ago
14

Tamarisk Corporation had the following activities in 2020. 1. Payment of accounts payable $711,000 4. Collection of note receiva

ble $93,000 2. Issuance of common stock $247,000 5. Issuance of bonds payable $522,000 3. Payment of dividends $335,000 6. Purchase of treasury stock $49,000 Compute the amount Tamarisk should report as net cash provided (used) by financing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash select an option by financing activities $enter a dollar amount
Business
1 answer:
Lady_Fox [76]2 years ago
7 0

Answer:

the Net Cash flow provided by financing activities is $385,000

Explanation:

The computation of the amount that should be reported as net cash provided or used by financing activities is shown below:

Cash flow from financing activities

Issuance of common stock $247,000

Issuance of bonds payable $522,000

Less:  Payment of dividends -$335,000

Less: Purchase of treasury stock -$49,000

Net Cash flow provided by financing activities $385,000

Hence, the Net Cash flow provided by financing activities is $385,000

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What education do you need for high school
LenaWriter [7]

Answer:

To teach High School, you need a Bachelors degree.

To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education

5 0
3 years ago
Read 2 more answers
Moe ’s Electric sales vacuum cleaners with a one-year warranty to fix any defects. For the current year, 200 vacuums have been s
vekshin1

Answer:

$900

Explanation:

Given that

Total repair up to end of year = 12

Estimated need to be repaid = 8

Average cost = $45

The computation of warranty expense for the current year is shown below:-

For computing the warranty expense for the current year first we need to find out the total repaired cost which is here below

Total repaired cost = Total repair up to end of year + Estimated need to be repaid

= 12 + 8

= 20

Warranty expense for the current year = Average cost × Total

= $45 × 20

= $900

Therefore for computing the warranty expense for the current year we simply applied the above formula.

5 0
3 years ago
Firm I has been selling its products through a distributor for some time. It has become the market share leader. Unfortunately,
rewona [7]

Firm I should  begin distribution on its own in order to prevent loss and

liquidation of the company.

It is best for the company to become vertically integrated in instances such

as this. Vertical integration involves companies controlling more than one

stage of production.

By so doing, the company can restrategize and ensure its products satisfy

the customers through the adoption of the technology they are complaining

about. This helps to ensure increased profit made from the goods.

Read more about Vertical integration on brainly.com/question/19815172

5 0
2 years ago
An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase i
pshichka [43]

Answer:

The price elasticity of supply is 1.42.

Explanation:

The price elasticity of supply is the measure of the degree of responsiveness of quantity supplied to a change in price. It is the ratio of proportionate change in quantity supplied and proportionate change in price.

An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase in the quantity supplied by 10%.

Price elasticity of supply

= \frac{\% \Delta Qs}{\% \Delta P}

= \frac{10}{7}

= 1.42

3 0
3 years ago
You short sold 500 shares of Jasper stock at $41 a share at an initial margin of 60 percent. What is the highest the stock price
avanturin [10]

Answer:

Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}

And if we replace we have this:

Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}

Px= 46.857 \ approx 46.86

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

See explanation below.

Explanation:

For this case we define the following notation:

N= 500 represent the number of stocks for JAsper

P = 41 represent the stock price

M1 = 60% = 0.6 represent the initial margin

Px represent the highest stock price the variable of interest for this case

M2= 40% or 0.4 represent the mainteneance margin

We can find the value of Px with the following formula on this case:

Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}

And if we replace we have this:

Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}

Px= 46.857 \ approx 46.86

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

5 0
2 years ago
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