Reference no: EM132039735
Question - Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
a. Cash used for purchase of office supplies, $2,900.
b. Cash provided from consulting to customers, $46,300.
c. Cash used for purchase of mining equipment, $73,100.
d. Cash provided from long-term borrowing, $60,600.
e. Cash used for payment of employee salaries, $23,900.
f. Cash used for payment of office rent, $11,200.
g. Cash provided from sale of equipment purchased in c. above, $23,500.
h. Cash used to repay a portion of the long-term borrowing in d. above, $40,900.
i. Cash used to pay office utilities, $4,000.
j. Purchase of company vehicle, paying $10,900 cash and borrowing $15,800.
Required: Calculate cash flows from operating activities.
|
Explain the purpose of a business mission statement
: Write Yes or No in each cell of your matrix to indicate whether you feel the particular mis-sion statement includes the respective component.
|
|
What percentage of the lots received by the manufacturer
: If in fact each lot has a mean length of 3 meters, what percentage of the lots received by the manufacturer will be returned to the vendor (i.e., the supplier)?
|
|
What goals can you set for yourself that will capitalize
: What goals can you set for yourself (following the SMART goals guidelines) that will capitalize on your Strengths to prepare you for a career after graduation?
|
|
Expiration the market price is of treasury bond
: If you buy an option to sell Treasury bond at $110, and at expiration the market price is of Treasury bond is $115,
|
|
Calculate cash flows from operating activities
: Cash provided from sale of equipment purchased in c. above, $23,500. Required: Calculate cash flows from operating activities
|
|
What was the variance of yasmin returns over this period
: What was the standard deviation of Yasmin’s returns over this period? What was the variance of Yasmin’s returns over this period?
|
|
What is the maximum rate at which it would be taxed
: Ted Thomas, a single taxpayer with no dependents, If his AGI were $25,000, what is the maximum rate at which it would be taxed
|
|
Explain which work specialization area you would prefer
: Explain which work specialization area you would prefer to work for and provide details to support your answer.
|
|
After-tax weighted average cost of capital for the company
: Calculate the after-tax costs of capital for each source of finance. Determine the after-tax weighted average cost of capital for the company.
|