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Sonja [21]
2 years ago
5

Tandoor Inc. financial statements included the following amounts for the current​ year: Retired bonds ​$73,000 Proceeds from col

lection of note receivable 37 comma 000 Dividends received ​45,000 Acquired production machinery with cash 52 comma 000 Sold treasury stock 31 comma 000 Based on this​ information, what is the amount of net cash provided​ (used) by investing​ activities?
Business
1 answer:
aniked [119]2 years ago
8 0

Answer:

-$15,000

Explanation:

The computation of the net cash provided or used by investing activities is shown below:

= Proceeds from collection of note receivable - Acquired production machinery with cash

= $37,000 - $52,000

= -$15,000

This negative amount represents the cash used by investing activities

Plus the collection show the inflow of cash and the acquired production represents the outflow of cash

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Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an
Nataly [62]

Answer:

1.60

Explanation:

($500,000 - $100,000)/250,000

3 0
2 years ago
Troy filed a good faith complaint of discriminatory harassment against his supervisor, Cynthia. One day after receiving notice o
Paraphin [41]

Answer:

Of course this is a retaliatory action. Troy filed a complaint for discriminatory harassment against Cinthia and she answers back by discriminating against Troy even more. All she needed to do was stop discriminating against Troy, she wasn't supposed to increase discrimination against him. This is an example of what shouldn't happen.

Explanation:

5 0
2 years ago
After reading the article, select the statements that are correct. Choose one or more: A. The cost-of-living adjustment for 2020
Mama L [17]

Answer:

  • B. The former program trustee argues that the current inflation measure overcompensates seniors since it ignores the substitution effect.
  • C. According to advocates for seniors, the 2020 COLA is not enough to compensate for rising healthcare costs.
  • D. Elizabeth Warren has proposed using a new inflation measure that outpaces the current one used.

Explanation:

The article is, ''<em>Social Security checks to rise modestly amid push to expand benefits '' </em>by<em> Associated Press. </em>

Blahous is a former program trustee who believes that the current inflation adjustment rate at which Social security is increasing is overcompensating seniors because it does not take into account that seniors could be switching to buying cheaper products which is the Substitution effect.  

Advocates and the seniors themselves have complained that the 2020 COLA is not enough to meet their current needs especially given the rising cost of healthcare.

Elizabeth Warren and Bernie Sanders both proposed using a new measure for inflation that will adequately compensate the seniors because it outpaces the current one used.

8 0
2 years ago
Hal E. Burton hospital can purchase a new machine (to be placed in an undisclosed location) for $1,000,000 that will provide an
Ksju [112]

Answer:

$153,000

Explanation:

The computation of the net present value is shown below:

= Present value of all cash inflows including salvage value after considering the discount factor - initial investment

where,

Present value  is

= Four year cash inflows × PVIFA factor for 11.5% for 4 years + (one year cash inflow + salvage value) × discount rate for 11.50% at five year

= $300,000 × 3.0696  + ($300,000 + $100,000) × 0.5803

= $920,880 + $232,120

= $1,153,000

And, the initial investment is $1,000,000

So, the net present value is

= $1,153,000 - $1,000,000

= $153,000

4 0
2 years ago
What statements best describe a store charge card?
Aloiza [94]

redit card
In general, a credit card lets you make purchases for which you are billed later. Most credit card accounts allow you to carry a balance from one billing cycle to the next. However, you will usually have to pay interest on that balance. You likely also have to pay at least a certain amount of your balance each time you receive a bill.

Charge card
A charge card is a specific kind of credit card. The balance on a charge card account is payable in full when the statement is received and cannot be rolled over from one billing cycle to the next. American Express and Diner's Club are two well-known organizations that offer charge cards.

So what does this mean for your FICO® score? There are many ways to build one's FICO score over time. Credit cards in general have a strong influence on the FICO score calculation. Charge cards can be just as effective as any other credit product in helping consumers establish a credit history.

Whether you have a credit card or a charge card, the most important factor in building or improving your FICO score is using credit responsibly. That means paying your bills on time and using your credit only when needed. If you can do those things consistently, you should be well on your way toward maintaining a good score.

3 0
2 years ago
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