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Homework Answers
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| Brianna Company | ||
| Particulars | Amount $ | Remarks |
| Payment for the retirement of long term bonds payable | (750,000.00) | Cash outflow is amount paid and not carrying value. |
| Cash dividend declared | (62,000.00) | Cash dividend of Year 0 paid in Year 1 so considered now. |
| Preferred stock converted to common shares | - | Conversion of Preferred stock to common shares does not affect cash flows. It is a non cash transaction. |
| Sale of treasury stocks | 95,000.00 | Cash inflow is amount received and not carrying value. |
| Net cash used in financing activities | (717,000.00) | |
| So answer is option A. | ||
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X MC22-7 (similar to) Ques During year 1,...
can you show me steps how to slove each please. (1) Devar Company sells exercise machines...
can you show me steps how to slove each please.
(1) Devar Company sells exercise machines for home use. The machines carry a 2-year warranty. Past experience indicates that 6% of the units sold will be returned during the warranty period for repairs. The average cost of repairs under warranty is $80 for labor and $120 for parts per unit. During 2019, 2,500 exercise machines were sold at an average price of $1,000. During the year, 60 of the machines...
can you show me steps how to slove each please. (1) Devar Company sells exercise machines...
can you show me steps how to slove each please.
(1) Devar Company sells exercise machines for home use. The machines carry a 2-year warranty. Past experience indicates that 6% of the units sold will be returned during the warranty period for repairs. The average cost of repairs under warranty is $80 for labor and $120 for parts per unit. During 2019, 2,500 exercise machines were sold at an average price of $1,000. During the year, 60 of the machines...
13 On March 1, 2018, Doll Co. issued 10-year convertible bonds at 106. During 2021, the...
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can you show me steps how to slove each please.
(1) Devar Company sells exercise machines for home use. The machines carry a 2-year warranty. Past experience indicates that 6% of the units sold will be returned during the warranty period for repairs. The average cost of repairs under warranty is $80 for labor and $120 for parts per unit. During 2019, 2,500 exercise machines were sold at an average price of $1,000. During the year, 60 of the machines...
can you show me steps how to slove each please.
(1) Devar Company sells exercise machines for home use. The machines carry a 2-year warranty. Past experience indicates that 6% of the units sold will be returned during the warranty period for repairs. The average cost of repairs under warranty is $80 for labor and $120 for parts per unit. During 2019, 2,500 exercise machines were sold at an average price of $1,000. During the year, 60 of the machines...
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could anyone show me the steps to get these answers?
year. Net income for the year was 54,800,000, and Donnell distributed a cash dividend of $4 per share on its common stock. Eamine per Share amounted to $8.80 $4.00 $8.00 d $2.00 CHAPTER 12 - Continued The stockholders' equity section of the balance sheet of Global Publishing at December 31, 2017, appears as follows: Stockholders' equity 5% preferred stock, S100 par, 50.000 shares authorized, 2 shares issued $1.200.000 Common stock,...
16.2 #2 PLEASE SHOW ALL WORK
On January 1, 2020, Marigold Company issued 10-year, $2,060,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 15 shares of Marigold common stock. Marigold's net income in 2020 was $535,600, and its tax rate was 20%. The company had 103,000 shares of common stock outstanding throughout 2020. None of the bonds were converted in 2020. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g....
Please show me the steps on how to get this answer
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Please show steps how to get this answer
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