Which best describes the role of financial planning?

In 2019, Forever Young, Inc. sold land for $ 110 comma 000 cash, purchased equipment for $ 18 comma 000 cash and issued bonds

True [87]

Answer:

The Net cash provided by investing activities is $172,000.

Hence, the correct option is B. $ 172 comma 000.

Explanation:

Given:

In 2019, Forever Young, Inc. sold land for $ 110,000 cash, purchased equipment for $ 18,000 cash and issued bonds for $ 80,000 cash.

Now, to find the Net cash activities.

Land sold of cash = $110,000.

Equipment purchased of cash = $18,000.

Bonds issued of cash = $80,000.

Now, to get the Net cash activities we put formula:

Net cash activities = Land sold - Equipment purchased + Bonds issued

$=110,000-18,000+80,000\\\\=110,000+62,000\\\\=172,000.$

Therefore, the Net cash provided by investing activities is $172,000.

Hence, the correct option is B. $ 172 comma 000.

6 0

1 year ago

This year Riley files single and reports modified AGI of $76,000. Riley paid $1,200 of interest on a qualified education loan. W

sleet_krkn [62]

Solution and Explanation:

As per the income tax, if the income of a single taxpayer lies in the range of $65000 and $80000, the taxpayer is elgibile for a prtial deduction on his/her education on loan interest.

The partial interest deduction amount is calculated as follows:

Partial interest deduction allowed = $\text { Interest expense } *(\$ 80000-\mathrm{AGI} / \$ 80000-\$ 65000)$

$=\$ 1200 *(\$ 80000-\mathrm{AGI} / \$ 80000-\$ 65000)$

$=\$ 1200 * \{(580000-\$ 76000 / \$ 80000-\$ 65000)}$

$=\$ 1200 * \$ 4000 / \$ 15000$

= $320

Therefore, the allowed interest deduction in this case is $320.

4 0

2 years ago

Wendy, the CEO of an oil drilling company, and her top management team recently discovered that their facilities are damaging a

wel

Answer: Bagley's ethical leader's decision tree

Explanation: In simple words, It refers to a framework that helps the managers of an organisation to take decisions regarding which they are uncertain and doubtful. It take into consideration all the possibilities and shortlists them on the basis of situation priorities.

In the given case, Wendy wants to determine whether they should close the facility temprarily or permanently. They are uncertain which action would be legal and correct.

Hence from the above we can conclude that they are using Bagley decision tree.

5 0

1 year ago

Fred Arden is tried in a criminal court and found innocent of the charge of theft. Shawn Finister, the victim of the alleged cri

Gekata [30.6K]

Answer:

The civil court filing must be dismissed because of the constitutional right against double jeopardy.

Explanation:

Double jeopardy is the legal concept that protects a person from being tried again for the same or similar charge following his aquittal or conviction.

Fred Arden has been tried in criminal court and found innocent. Shawn is trying to sue him again for the same act in civil court.

This is against the rule of double jeopardy.

6 0

1 year ago

Human Resources Manager, Claire must inform Anthony that company job changes will require him to seek retraining or lose his pos

crimeas [40]

Answer:

a. a face-to-face conversation.

Explanation:

According to my research on human resources procedures, I can say that based on the information provided within the question the best way for Claire to deliver this message would be through a face-to-face conversation. This is because any news important news regarding to or affecting an individuals job should be delivered in person in order for the individual to ask questions and not misinterpret the information, as well as provide some peace of mind by providing answers to any questions they may have.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

2 years ago