Homework Answers
Correct answer----activities that consists of acquiring and disposing of resources that a company uses to produce and sell its products or provide services.
.
Methods the company use to fund investment suggest credit financing equity financing comes under financing activities not investing activities. Use of company resources to produce and sell its product is an example of operating activities. Investing activities not only include acquisition of resources that are expected to provide a company with feature economic benefit but it also include sale of fixed assets.
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Question 10 2 pts What are investing activities? Activities that consist of acquiring and disposing of...
assify the following business activities using the drop-down list. Items Item #1 Acquiring resources (assets) that...
assify the following business activities using the drop-down list. Items Item #1 Acquiring resources (assets) that an organization plans to use to acquire and sell its products or services Item #2 Resources contributed by creditors Item #3 Disposing of resources (assets) that an organization uses to acquire and sell its products or services Item #4 Sales and revenues Item #15 Resources contributed by the owner along with any income the owner leaves in the organization Activities Investing Financing Operating Financing...
Which of the following is a noncash investing and financing activity? payment of a cash dividend...
Which of the following is a noncash investing and financing activity? payment of a cash dividend payment of a six-month note payable purchase of merchandise inventory on account d i nce of common stock to acquire Land 10. A company purchases equipement for $32,000 cash. This transaction should be shown on the statement of cash flows under a investing activities h financing activities C oncach investing and financing activities d. operating activities 11. Cash flow per share is a required...
Match the items below by entering the appropriate code letter. A. Internal users B. Proprietorship C....
Match the items below by entering the appropriate code
letter.
A.
Internal users
B.
Proprietorship
C.
Expenses
D.
Investing activities
E.
Financing activities
F.
Assets
G.
Liabilities
H.
Private corporation
I.
Dividends
J.
Public corporation
1.
Consumed assets or services.
2.
Ownership is limited to one
person.
3.
Officers and others who manage the
business.
4.
Creditor claims against the assets
of the company.
5.
A separate legal entity under
provincial or federal laws that is...
Question 3 2 pts Cash flows: During 2017, Towson Recording Company increased its investment in marketable...
Question 3 2 pts Cash flows: During 2017, Towson Recording Company increased its investment in marketable securities by 37,616, funded fixed-assets acquisitions of 118,163, and had marketable securities of 13,997 mature. What is the net cash used in investing activities? Question 4 2 pts Cash flows: Caustic Chemicals management identified the following cash flows as significant in its year-end meeting with analysts. During the year Caustic had repaid existing debt of 390,699 and raised additional debt capital of 695,651. It...
Rochester Corporation holds cash of $2,000 and owes $31,000 on accounts payable. Rochester has accounts receivable...
Rochester Corporation holds cash of $2,000 and owes $31,000 on accounts payable. Rochester has accounts receivable of $41,000, nventory of $30,000, and land that cost $50,000. How much are Rochester's total assets and liabilities? Total assets O A. $73,000 OB. $123,000 O C. $123,000 O D. $93,000 Liabilities $81,000 $61,000 $31,000 $61,000 Match the following definitions with one of the terms listed here. (Click the icon to view the list of terms.) Complete the responses for a -i in the...
Which of the following transactions should be classified as investing activities on an entity's statement of cash flows?...
Which of the following transactions should be classified as investing activities on an entity's statement of cash flows? Increase in accounts receivable. Sale of property, plant and equipment. Payment of cash dividend to the shareholders. Issuance of common stock to the shareholders. On January 1 of the current year, Wren Co. leased a building to Brill under an operating lease for ten years at $50,000 per year, payable the first day of each lease year. Wren paid $15,000 to a...
Question: 1. An economic advantage of a business combination includes Acquiring duplicative assets Creating redundant management...
Question: 1. An economic advantage of a business combination includes Acquiring duplicative assets Creating redundant management teams Coordinating marketing campaigns Duplicating integrative marketing chains QUESTION 2 The consolidation process is performed each year since the entries are recorded in the journal and ledger only by the parent company each year since the entries are recorded in the journal and ledger only by the subsidiary company each year since the entries are recorded in the journal and ledger by both the...
Question 2 1 pts Which of the following descriptions concerning shareholders and stakeholders is INCORRECT? A...
Question 2 1 pts Which of the following descriptions concerning shareholders and stakeholders is INCORRECT? A shareholder can be an individual, company, or institution that owns at least one share of a company and therefore has a financial interest in its profitability. Stakeholders can be owners and shareholders, employees of the company, bondholders who own company issued debt customers who may rely on the company to provide a particular good or service, suppliers and vendors who may rely on the...
please help with question #2. thanks. please see attachments. O PERJU LITE period 2. What does t...
please help with question #2. thanks. please see
attachments.
O PERJU LITE period 2. What does the "Investment in intangible assets" item represent? 3. What does the "Principal payments on long-term debt" item represent? Principle payment of long term debts appearing under the head cash flow fron This amount refers to the portion of principal repayment out of the total paye gadu reservation system Franchise agreement acquisition cost amortization Loss (gain on disposal of assets Provision for bad debts, net...
4. Corporate governance: Methods for influencing management's decisions Corporate governance refers to policies and rules, regulations...
4. Corporate governance: Methods for influencing management's decisions Corporate governance refers to policies and rules, regulations and laws, and activities that (1) influence both management’s decisions and its company’s operations, and (2) affect the relationships between a business’s stakeholders. These stakeholders include the company’s executives and managers, shareholders, creditors, current and former employees, competitors, and local and global communities. In simple terms, corporate governance provisions can take two forms: Carrots, Tomatoes, or celery and stones, rocks, or sticks, with the...
assify the following business activities using the drop-down list. Items Item #1 Acquiring resources (assets) that an organization plans to use to acquire and sell its products or services Item #2 Resources contributed by creditors Item #3 Disposing of resources (assets) that an organization uses to acquire and sell its products or services Item #4 Sales and revenues Item #15 Resources contributed by the owner along with any income the owner leaves in the organization Activities Investing Financing Operating Financing...
Which of the following is a noncash investing and financing activity? payment of a cash dividend payment of a six-month note payable purchase of merchandise inventory on account d i nce of common stock to acquire Land 10. A company purchases equipement for $32,000 cash. This transaction should be shown on the statement of cash flows under a investing activities h financing activities C oncach investing and financing activities d. operating activities 11. Cash flow per share is a required...
Match the items below by entering the appropriate code
letter.
A.
Internal users
B.
Proprietorship
C.
Expenses
D.
Investing activities
E.
Financing activities
F.
Assets
G.
Liabilities
H.
Private corporation
I.
Dividends
J.
Public corporation
1.
Consumed assets or services.
2.
Ownership is limited to one
person.
3.
Officers and others who manage the
business.
4.
Creditor claims against the assets
of the company.
5.
A separate legal entity under
provincial or federal laws that is...
Question 3 2 pts Cash flows: During 2017, Towson Recording Company increased its investment in marketable securities by 37,616, funded fixed-assets acquisitions of 118,163, and had marketable securities of 13,997 mature. What is the net cash used in investing activities? Question 4 2 pts Cash flows: Caustic Chemicals management identified the following cash flows as significant in its year-end meeting with analysts. During the year Caustic had repaid existing debt of 390,699 and raised additional debt capital of 695,651. It...
Rochester Corporation holds cash of $2,000 and owes $31,000 on accounts payable. Rochester has accounts receivable of $41,000, nventory of $30,000, and land that cost $50,000. How much are Rochester's total assets and liabilities? Total assets O A. $73,000 OB. $123,000 O C. $123,000 O D. $93,000 Liabilities $81,000 $61,000 $31,000 $61,000 Match the following definitions with one of the terms listed here. (Click the icon to view the list of terms.) Complete the responses for a -i in the...
Question 2 1 pts Which of the following descriptions concerning shareholders and stakeholders is INCORRECT? A shareholder can be an individual, company, or institution that owns at least one share of a company and therefore has a financial interest in its profitability. Stakeholders can be owners and shareholders, employees of the company, bondholders who own company issued debt customers who may rely on the company to provide a particular good or service, suppliers and vendors who may rely on the...
please help with question #2. thanks. please see
attachments.
O PERJU LITE period 2. What does the "Investment in intangible assets" item represent? 3. What does the "Principal payments on long-term debt" item represent? Principle payment of long term debts appearing under the head cash flow fron This amount refers to the portion of principal repayment out of the total paye gadu reservation system Franchise agreement acquisition cost amortization Loss (gain on disposal of assets Provision for bad debts, net...
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