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astraxan [27]
3 years ago
14

During Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its o

wners. Based on this information alone, which of the following is not correct?
A) Net income amounted to $350.
B) Total assets increased by $200.
C) Cash inflow from operating activities was $350.
D) Cash inflow from operating activities was $200.
Business
1 answer:
SCORPION-xisa [38]3 years ago
6 0

Answer:

B) Total assets increased by $200.

Explanation:

If during Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its owners. Based on this information alone:

Then it is correct that there was a net income of $350 before the payment of dividend which is gotten by 1,950 - 1,600. Cash from operating activities will also be the same amount of $350.

However it will not be correct to state that assets increased by $200 as there is no such indication.

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Alisiya [41]

Answer:

The correct answer is: Low sales volume.

Explanation:

This is a part of the introduction stage of the product life cycle. <u>Normally, when a product appears in the market, as it is new and unknown, the sales are not high. Even more with innovating and completely new products, when people still don't trust it or simply haven't discovered it. This is where the marketing tools work on actually making a market for it. </u>

If this first stage is successful, then <em>sales and profits start rising rapidly.</em>

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3 years ago
_____ is abroad declaration of an organization's purpose that identifies the organization's products and customers and distingui
fgiga [73]
A mission is abroad declaration of an organization's purpose that identifies the organization's products and customers and distinguishes the organization from its competitors.

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5 0
4 years ago
You are considering an investment in 30-year bonds issued by Moore Corporation. The bonds have no special covenants. The Wall St
goblinko [34]

Answer:

a. 1.40%

b. 8.25%

Explanation:

a. Calculation to determine the inflation premium

Using this formula

Expected IP = i - RIR

Let plug in the formula

Expected IP = 2.15% - 0.75%

Expected IP= 1.40%

Therefore the inflation premium is 1.40%

b. Calculation to determine the fair interest rate on Moore Corporation 30-year bond

Using this formula

Fair interest rate=Default risk premium +Liquidity risk premium+Maturity risk premium +T-bills are currently earning

Let Plug in the formula

Fair interest rate=2.05%+ 1.40%+ 2.65% + 2.15%

Fair interest rate= 8.25%

Therefore the fair interest rate on Moore Corporation 30-year bond is 8.25%

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3 years ago
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vlada-n [284]

Answer:

The best answer to the question: This is an example of used a(n):___, would be, A: Conceptual framework to solve new problems.

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A conceptual framework is a an analytical method, or technique, that is used in order for the person to be able to see the full picture, and the different variants and factors around it, in an organized manner. Applying this technique will allow a person to discover all the factor within an issue, visualize them and propose viable solutions to them. And this is what Mark did when he came by the non-standard transaction type. He still had to record the transaction, but the usual methods would not work for it. Therefore, Mark made use of his own knowledge and after viewing the problem through the conceptual framework technique, he was able to find a reasonable solution and thus filfill his job.

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