Answer:
$2,600
Explanation:
We will have to focus on the annual result and the dividends that were paid because these dividends decreases the retained earnings. There is no impact of can flow while insurance of stock falls withing result for the year.
In 2016, income was $1,200 minus dividends allocated $200
= $1,200 - $200
Retained earnings= $1,000
2017 result of ($500) without dividend distribution;
Retained earnings = ($500)
2018, result of $2,300 and distribution dividends of $200
= $2,300 - $200
Retained earnings= $2,100
Total retained earnings =$1,000 + (500) + $2,100
= $2,600
Answer:
The correct option is D,$402,000.
Explanation:
In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization were deducted in income statement,for cash flow purposes we need to add both to net income.
Net income $315,000
add depreciation $90,000
amortization $15,000
loss on sale of equipment $9,000
less gain on sale of building($27000)
Cash flow from operations $402,000
The cash flow from operating activities as adjusted is $402,000.
Answer:
The correct answer is Option D.
Explanation:
Common stock is a share issued by a company to the public. The public enjoy dividend on their common stock when the company pays dividends.
Based on the question, the par value of the common stock is 25,000 shares x $1.00 = $25,000 while the total cash collected by the company would be 25,000 shares x $2.85 = $71,250 and the appropriate entries will be:
Debit Cash $71,250
Credit Additional Paid in Capital $46,250
Credit Common Stock $25,000
<em>(Issuance of common stock)</em>
Answer:
<em>There is a direct relation of the productivity, economic growth, and future standards of living with the investment in factories, machinery, new technology, and the health, education, and training of people.</em>
Explanation:
- <u><em>Relation with the investment in factories, machinery, new technology </em></u>
If there is larger investment in factories, machinery and new technology (fixed assets investing) then there will be more production which will require more labour. With more production, there will be more consumption thereby. The profits of the enterprises will increase and hence more taxes will be paid to the government, labour income in the economy will rise and hence there will be more consumption thereby. More taxes to the government will imply more public spending by the government.
So, saying all of that <em>productivity, economic growth, and future standards of living </em>will be in a much better place with the increase in fixed assets investing and vice-versa.
2. <u><em>Relation with the investment in health, education, and training of</em></u><em> </em><u><em>people</em></u>
With the increased investment in health, education and training, people would be able to work more and better. Thereby, implying <em>higher incomes and productivity leading to more economic growth and ultimately better future standards of living.</em>
