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Vsevolod [243]
2 years ago
14

Dristell Inc. had the following activities during the year (all transactions are for cash unless stated otherwise):A building wi

th a book value of $400,000 was sold for $500,000.Additional common stock was issued for $160,000.Dristell purchased its own common stock as treasury stock at a cost of $75,000.Land was acquired by issuing a 6%, 10-year, $750,000 note payable to the seller.A dividend of $40,000 was paid to shareholders.An investment in Fleet Corp.’s common stock was made for $120,000.New equipment was purchased for $65,000.A $90,000 note payable issued three years ago was paid in full.A loan for $100,000 was made to one of Dristell’s suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months.Required:Calculate net cash flows from investing activities.
Business
1 answer:
-BARSIC- [3]2 years ago
8 0

Answer:

cash flow used from investing activities              215,000

Explanation:

Investing activities

proceed from sale of building    500,000

Investment Fleet Corp.               (120,000)

Equipment purchased                 (65,000)

loan to suppliers                         (100,000)

cash flow used

from investing activities              215,000

The common stock and dividend are financing

The land was acquire with a note payable, it do not involve cash.

the loan is made by the company to a supplies, it will be returned with interest, not goods, so is investing.

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Answer:

True

Explanation:

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4 0
2 years ago
Two workers have the job of placing plastic labels on packages before the packages are shipped out. The first worker can place 1
monitta

Answer:

The correct answer is: The second worker.

Explanation:

Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.

In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:

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  • Worker 1: <em>2000 per 1 hour  </em>

  • Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
  • Worker 2: <em>2550 per 1 hour </em>

Then, the second worker is more productive.

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As a new franchisee for a major company, you want to clearly communicate the chain of command and the reporting and responsibili
____ [38]

Answer:

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Organizational charts graphically display an employee's hierarchical status relative to other individuals within the company. For example, an assistant director will invariably fall directly below a director on the chart, indicating that the former reports to the latter. Organizational charts use simple symbols such as lines, squares, and circles to connect different job titles that relate to each other.

A chain of command chart shows the organization of a company through a hierarchy. Often, it's called an organizational hierarchy chart. The term “chain of command,” however, implies that communication should move through the hierarchy in a specific order.

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The answer is: B. sacrifice profits for less risk.

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When bank people give low interest rates for people with good credit, the number of revenue that bank would make from giving the loan would decrease. But people with good credit has high likelihood of returning the money they borrow, which mean that there is less risk for the bank.

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