How peridot should report net cash outflows

Assignment Help Accounting Basics
Reference no: EM132605763

Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in millions):

Cash paid to acquire machinery $33

Reacquired Peridot common stock 54

Proceeds from sale of land 91

Gain from the sale of land 46

Investment revenue received 66

Cash paid to acquire office equipment 84

Question 1: In its statement of cash flows, Peridot should report net cash outflows from investing activities of:

Reference no: EM132605763

Questions Cloud

Appropriate tactics for influencing a situation : Provide examples of when these tactics were successful and when they were not successful.
Discuss the types of innovation caterpillar : Discuss the types of innovation Caterpillar Inc.'s uses such as radical incremental, disruptive, and architectural innovation.
Practice of project risk and procurement management : Critically evaluate the use of complex models of Project Risk and Procurement Management; systematically and creatively making sound judgements based
What amount should N report as recorded lease liability : The rounded present value of an ordinary annuity for nine years at 13% is 5.1317. What amount should N report as recorded lease liability at December 31, 2021?
How peridot should report net cash outflows : How peridot should report net cash outflows from investing activities of? Peridot Corporation's accounting records and financial statements
Determine the proper allowance for doubtful accounts : Why do companies establish an allowance for doubtful accounts and how would you determine the proper allowance for doubtful accounts for a company?
Why capitalism and socialism are currently being spotlighted : Discuss why capitalism and socialism are currently being spotlighted in U.S. politics giving the pros and cons to each organizational structure. Be sure to be.
Find the accountant debits and credits accounts payable : When the perpetual inventory method is being used, the accountant debits and credits Accounts Payable (or Cash) when goods are purchased
Describe the three types of research designs : Describe the three types of research designs, and explain what method you will use to collect data (qualitative, quantitative, mixed methods).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd