Answer:
$233 million
Explanation:
Statement of cash flow
Cash flow from operating activity
Particulars Amount ($ in millions)
Net income 113
<em>Adjustment in net income</em>
Depreciation 72
Amortization 5
Loss on sale of land 3
Decrease account receivable 14
Decrease inventory 12
Increase account payable 8
Decrease salary payable (8)
Increase interest payable 7
Increase income tax payable 7 <u>120</u>
Net cash flow from operating activity <u>233</u>
Answer:
The answer is: None of the options are correct.
Explanation:
Debt instruments don´t offer residual claims to future cash payouts.
Bonds with call provisions don´t have lower coupon rates than otherwise identical bonds. Generally if the bond issuer decides to redeem the bond earlier they will pay the bondholder a premium over their face value.
Bondholders don´t enjoy a direct voice in company decisions. They have the right to receive financial statements of the company and in case of bankruptcy they hold first rights to the distribution of assets.
Bonds are low risk investments that don´t do well in inflationary periods. The inflation rate adjusts the real interest rates a bond will earn, sometimes turning them negative real interest rates.
Preferred shareholders are not the first investors to be repaid in bankruptcy liquidation. Bondholders are the first investors to be repaid in bankruptcy liquidation.
Answer:
The marginal cost curve is usually U-shaped. Marginal cost is relatively high at small quantities of output; then as production increases, marginal cost declines, reaches a minimum value, then rises.
Explanation:
N/A
Answer:
Explanation:
The journal entries are shown below:
1. Retained earning A/c Dr $1,598 (9,400 million shares × $0.17 per share)
To Dividend payable A/c $1,598
(Being cash dividend declared)
2. Dividend payable A/c Dr $1,598 (9,400 million shares × $0.17 per share)
To Cash A/c $1,598
(Being dividend is paid)
Answer:
b. Financial statements are frequently the basis used for performance evaluations.
Explanation:
The financial statements are the accounting reports of an organization, through these documents it is possible to analyze what is the financial situation of a company in the internal and external environment, what are its greatest strengths and weaknesses.
They are instruments for evaluating organizational performance because they provide essential information about the general accounting situation of a company, which ensures greater reliability for a manager to make a decision directed to correct a problem or strategic implementation to achieve a certain result. It also allows stakeholders to analyze essential data and information when deciding to invest or do business with a particular company.
