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Alexxandr [17]
2 years ago
10

According to the Statement of Cash Flows in fiscal year 2020 (ending 1/29/2021), is Dollar General purchasing more property and

equipment than it is selling, or selling more property and equipment than it is purchasing?
Business
1 answer:
julsineya [31]2 years ago
4 0

According to the Statement of Cashflows in this period, they are purchasing more property and equipment than they are selling.

<h3>How is it known that they are purchasing more?</h3>

When the investing activities section of the Cashflow statement is in negatives, it means that more cash was spent on investing activities than was brought in.

Property and equipment fall under investing activities and as Dollar General has a negative investing activities balance, it means that they bought more property and equipment than they sold.

Find out more on investing activities at brainly.com/question/26260878.

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Why do we practice making associations with simple and mundane problems and resources? Select all that apply.
Artyom0805 [142]

Answer:

E.  They are problems and resources that most people have experience with or can relate to.

Explanation:

  • Such problems and resources are most commonly found in day to day lives. People can easily relate to them as they are simple and common in the workplace.
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2 years ago
According to classical macroeconomic theory, changes in the money supply affect:_______.
Ivahew [28]

Answer:

Option A. real GDP and the price level.

Explanation:

Option “A” is correct because the change in money supply (say increase) will decrease the interest rate and that will result in an increase in investment and more investment will generate more jobs and more money in consumers’ hands. Thus, they will stimulate the spending and aggregate demand will increase. Resulting in the rise in price and rise in real GDP. therefore, option A is right.

6 0
3 years ago
Problem 16-4 Break-Even EBIT [LO1] Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a
vovikov84 [41]

Answer:

a)

under plan I:

EBIT = $475,000

net income = $475,000

EPS = $475,000 / 195,000 stocks = $2.44

under plan II:

EBIT = $475,000

net income = $475,000 - ($2,900,000 x 7%) = $272,000

EPS = $272,000 / 145,000 stocks = $1.88

b)

under plan I:

EBIT = $725,000

net income = $725,000

EPS = $725,000 / 195,000 stocks = $3.72

under plan II:

EBIT = $725,000

net income = $725,000 - ($2,900,000 x 7%) = $522,000

EPS = $522,000 / 145,000 stocks = $3.60

c)

in thousands

EBIT / 195 = (EBIT - $203) / 145

145EBIT = 195EBIT - $39,585

50EBIT = $39,585

EBIT = $39,585 / 50 = $791.7 x 1,000 = $791,700

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3 years ago
The lloyd company uses a process costing system. there were no units in beginning work in process, 1,400 were started and 1,000
ruslelena [56]

The equivalent units for conversion costs are 1,160.

WIP

Beginning 0

Started 1,400

1,000 Completed

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Equivalent units for materials: 1,000 units completed + 40% of 400 (ending) = 1,160 units

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