Business, 21.05.2021 17:20 tusharchandler124
State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows:
Sold equipment with a book value of $62,000 for $89,300.
Sold a new issue of $150,000 of bonds at 97.
Retired $340,000 of bonds, on which there was $3,400 of unamortized discount, for $354,000.
Purchased 5,300 shares of $15 par common stock as treasury stock at $27 per share.
Sold 7,000 shares of $10 par common stock for $24 per share.
Paid dividends of $1.50 per share. There were 34,000 shares issued and 5,000 shares of treasury stock.
Purchased land for $392,000 cash.
Purchased a building by paying $75,000 cash and issuing a $90,000 mortgage note payable.
A.) Cash Receipt: $
B.) Cash Receipt: $
C.) Cash Payment: $
D.) Cash Payment: $
E.) Cash Receipt: $
F.) Cash Payment: $
G.) Cash Payment: $
H.) Cash Payment: $
Answers: 1
Business, 22.06.2019 11:00
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
Answers: 3
Business, 22.06.2019 22:20
As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.
Answers: 2
Business, 22.06.2019 23:50
Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)
Answers: 2
Business, 23.06.2019 01:00
Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?
Answers: 2
State the effect (cash receipt or payment and amount) of each of the following transactions, conside...
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