Business, 20.04.2021 23:30 cheergirl2133
Using the following information prepare the statement of cash flows for City F corporation ending December 31, 2004
2004 2003
Cash 160,000 40,000
Account rec 230,000. 160,000
inventory 230,780 290,780
Prepaid expense 0 30,000
Account payable 11,600 87,500
Notes payable 35,000 0
Income tax pay 0 54, 600
Additional information
Net Income 56,000
Depreciation expense 36,000
Equipment that cost 37,000 had accumulated depreciation of 35,000 sold at a gain of 20,600.
Purchased equipment 52,000
Patent amortization of 12,000
Purchased a new patent for 1,000
Repaid a note payable 70,000
Signed mortgage for 354,000
Issue a note payable for 75,000
Issued common stock for 200,000
Paid a cash dividend for 28,000
Answers: 1
Business, 22.06.2019 02:00
Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's
Answers: 3
Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
Answers: 1
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 3
Business, 22.06.2019 16:50
Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.
Answers: 2
Using the following information prepare the statement of cash flows for City F corporation ending De...
English, 01.04.2020 19:00
Mathematics, 01.04.2020 19:00
History, 01.04.2020 19:00
Chemistry, 01.04.2020 19:00
Mathematics, 01.04.2020 19:00
English, 01.04.2020 19:01
Social Studies, 01.04.2020 19:01
Mathematics, 01.04.2020 19:01
Advanced Placement (AP), 01.04.2020 19:01
History, 01.04.2020 19:01