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Question 1: A Company issued $60,000 of bonds, paid cash dividends of $9,000, sold long-term investments for $13,000, received $6,000 of dividend revenue, purchased treasury stock for $16,000, and purchased new equipment for $20,000. What is the net cash flow from financing activities?
Group of answer choices
A) $34,000 outflow
B) $70,000 inflow
C) $20,000 inflow
D) $35,000 inflow
Kyle worked as a free-lance software engineer for the first three months of 2016. During that time, he earned $62,000 of self-employment income. On April 1, 2016, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle..
Why must costs be allocated? Explain why overhead costs, support department costs, or joint costs must be allocated to products, and give an example of a company that might allocate those costs.
On January 1, 2019, Monica Company acquired 70 percent. Prepare the worksheet entries required for the consolidation of Monica Company and Young Company.
Henson Company began the year with retained earnings of $330,000. During the year, the company recorded revenues of $500,000, expenses of $380,000, and paid dividends of $40,000. What was Henson’s retained earnings at the end of the year?
Tomtom Co. issued a 30-year bond, with a coupon of 4.3%, making semiannual payments and a par value of $1,000. Calculate the before-tax cost of debt
How much should Craig charge for a maintenance contract if the interest rate is 13%?
Using the following information, determine the fixed and operating costs for a scraper.
What amount should Maine record as additional paid-in capital? On May 1, 2019, Maine Company issued P2 million, 20-year, 10% bonds
Enter the following in the three-column cash book of an office supply shop. Balance-off the cash book at the end of the month and show the discount accounts in the general ledger.
Hiber Sugar Factory which is offered to establish a new sugar factory, to which type/s of financial market instruments you categorize this stock & why?
15.1) The managers of Merton Medical Clinic are analyzing a proposed project. The project's most likely NPV is $120,000, but as evidenced by the following NPV distribution, there is considerable risk ivolved
Evaluate Alumbat's current TIE ratio and Calculation of times-interest-earned ratio
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