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ella [17]
2 years ago
3

Kanet Company issued common stock for proceeds of $386,000 during 2017. The company paid dividends of $80,000 and issued a long-

term note payable for $95,000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $15,000. The financing section of the statement of cash flows will report net cash inflows of $Placeholder for missing word.
Business
1 answer:
mars1129 [50]2 years ago
7 0

Answer:

The financing section of the statement of cash flows will report net cash inflows of $291,000

Explanation:

Cash receipts from issuance of shares: 386,000

Cash used to paid dividends (80,000)

Cash used to purchase treasury stock (15,000)

Total Cash generated for Financing Activities 291,000

<u>Notice:</u> <u>The long-term note payable doesn't involve cash</u> used or generate so it is not relevant for the cash flow statement. The note is done to purchase an equipment, no cash

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A ski company in Vail owns two ski shops, one on the west side and one on the east side of Vail. Ski hat sales data (in dollars)
Komok [63]

Answer:

If t(critical) < - 1.86 and t(critical) > + 1.86 we will have to reject the null.

Explanation:

What we actually want to know is the difference in the sales between the east and the west sides.

From the question, we are to work with a 10 percent level of significance that is 0.1 level of significance. Where the percent level of significance is represented by "h".

The Hypothesis for this is given in the question below;

Hj: μd = 0.

Hi: μd ≠ 0.

Or

Hj : μ(east) = μ(west).

Hi : μ(east) ≠ μ(west).

The value for t(critical) =+/- t(c/2) {df = n1 + n2 - 2 }.

[ Note that c/2) is a subscript of t and c = .1].

t(critical) = +/- t(0.O5) [ df = 5 + 5 - 2].

t(critical) = + 1.86 or - 1.86

6 0
2 years ago
Oversight Inc.’s board of directors votes to empower corporate officers to make decisions regarding ordinary, daily corporate af
stich3 [128]

Answer:

Option B                          

Explanation:

The given case relates to the method of delegation. Under the method of delegation the senior employees of the organisations transfers their workload to some junior level employees with a significant to full level of authority. However, the responsibility for any mistake or delay of work still relies with the managers who delegates work.  

7 0
2 years ago
Cullumber Company has these comparative balance sheet data: CULLUMBER COMPANY Balance Sheets December 31 2017 2016 Cash $ 16,350
nikdorinn [45]

Answer:

Please see details below:

Explanation:

(a) Current ratio.

Current RATIO  0,97  

(b) Accounts receivable turnover. times

Account Receivables Turnover time  5,03  

(c) Average collection period. days

Average Collection Period  72,5

(d) Inventory turnover. times

Inventory Turnover Times  3,3  

(e) Days in inventory. days

Days in Inventory  109,1  

(f) Free cash flow

Free Cash Flow  $32.600  

7 0
2 years ago
Farmers and ranchers are considered to be part of the ________ which is the subdivision of the food industry that produces agric
cupoosta [38]

Answer: producers sector

Explanation:

Farmers, rancher, and so on are part of the producers sector of the food industry where they engage in the production of raw food, fiber, and other agricultural products or commodities. In the case of farmers, they work the land and/or keep livestock, especially on the farm. Ranchers operate large plots of land for raising cattle, sheep or other livestock.

other major sectors of the food industry would include: -Farm Service , Processors , and Marketers.

8 0
2 years ago
g Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $84,000. The company's beginning mercha
Mrac [35]

Answer:

Cost of goods purchased= $82,000

Explanation:

Giving the following information:

Last month the company's cost of goods sold was $84,000. The company's beginning merchandise inventory was $20,000 and its ending merchandise inventory was $18,000.

We know that:

Cost of goods purchased= cost of goods sold + ending inventory - beginning inventory

Cost of goods purchased= 84,000 + 18,000 - 20,000= 82,000

6 0
2 years ago
Read 2 more answers
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