BE17-1 Each of the items below must be considered in preparing a statement of cash fl ows for Baskerville Co. For the year ended December 31, 2017. For each item, state how it should be shown in the statement of cash fl ows for 2017. (a) Issued bonds for $200,000 cash. (b) Purchased equipment for $150,000 cash. (c) Sold land costing $20,000 for $20,000 cash. (d) Declared and paid a $50,000 cash dividend

Answers

Answer 1

Answer:

(a) To be shown cash inflows from financing activity

(b) To be shown as cash outflows from investing activity

(c) To be shown as cash inflow from investing activity

d) To be shown as cash outflows from financing activity

Explanation:

(a) Issued bonds for $200,000 cash.

This should be shown as a cash inflow under financing activity section of the statement of cash flows for 2017.

(b) Purchased equipment for $150,000 cash.

This should be shown as a cash outflow under investing activity section of the statement of cash flows for 2017.

(c) Sold land costing $20,000 for $20,000 cash

This should be shown as a cash inflow under investing activity section of the statement of cash flows for 2017.

(d) Declared and paid a $50,000 cash dividend

This should be shown as a cash outflow under financing activity section of the statement of cash flows for 2017.

Additional Note:

Although this is not part of the requirement of the question, but it will assist you in your learning.

After taking all the above into consideration, they will appear as follows in statement of cash flows for 2017 (Note only they will appear is shown without any calculations since there will be other items).

Baskerville Co.

Statement of Cash Flows for 2017

(Abridged Vesrion)

Details                                                                 $                    $    

Cash from operating activities

Cash flows from investing activities

Purchase of equipment                                 (150,000)

Soles of land                                                     20,000

Cash flows from financing activities:

Bond issued                                                   200,000

Cash dividend paid                                        (50,000)


Related Questions

Type your summary here. Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.

Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.

Answers

The exercise is about summaries. It tests your ability to summarize an article.

What is a Summary?

A summary refers to a concise statement or account or report of the key points of an event, story, or literature.

A summary is usually exclusive of details that are not necessary. It focuses on the key points.

The key points of a text are usually found in the introduction and the conclusions of the text. One must however ensure that they read through the entire text to get the true context of what is being summarized.

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Answer:

The article I read was "The World Bank slashes its forecast for global economic growth." by New York Times https://www.nytimes.com/2022/04/18/business/the-world-bank-slashes-its-forecast-for-global-economic-... . To summarize, the estimation made by The World Bank that the economy would grow at a rate of 4.1 percent was revised due to the conflict in Ukraine. The World Bank is now estimating the economy would grow 3.2 percent globally. The article then goes into the effect the conflict will have on consumers.

This topic relates to entrepreneurship because global economic growth benefits entrepreneurs because knowing the projected economic growth can allow business owners to better predict the growth they should expect to see. This is important when examining the statistics of a business because it gives a baseline of comparison to see if the business is successfully growing of if changes need to be made to ensure proper growth.

In my opinion I agree with the prediction, I can see the possible impact the conflict can have on the global growth of the economy. I believe the corrected projection of less than originally thought is appropriate considering the affect the conflict has had on consumers. The reduced stimulation of the economy caused by less consumer interaction will indeed decrease the rate at which the economy will grow.

Explanation:

n/a

what was the physical change that happens to Jodi’s character in Tall Girl? Movie

Answers

Jodi is very tall at around 6 foot 1, she is very self-concious about it and doesn't really know how it happened

(She assumes it was a gene that may have skipped a generation or two)

It may be a gene mutation, and she has no idea how exactly it happened.     No one does.

what percent increase when 8 is made to 10​

Answers

Answer:

25 percent

Where: 8 is the old value and 10 is the new value. In this case we have a positive change (increase) of 25 percent because the new value is greater than the old value.

Explanation:

i hope you understand

A percentage is a way to describe a part of a whole. The percentage increase when 8 is made to 10 is 25%.

What are Percentages?

A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

Th percentage increase or decrease is calculated using the formula,

Percentage increase or decrease

= (Final value - Initial value)/ Initial value × 100%

If the result is negative than there is percentage decrease if the value is positive than there is percentage increase.

Given that the initial value was 8, while the final value was 10. Therefore, The percentage increase when 8 is made to 10 is,

Percentage = (10 - 8)/8 × 100%

                   = 2/8 × 100%

                   = 1/4 × 100%

                   = 0.25 × 100%

                   = 25%

Hence, The percentage increase when 8 is made to 10 is 25%.

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Labor arbitration: a. Is promulgated by the employer to resolve statutory claims. b. Gives the employer the dominant power. c. Allows the employer to unilaterally design the procedures and determines that disputes related to employment subjects will be resolved in arbitration. d. Provided for final resolution of disputes interrupting work that contributed to the war effort. e. The decision of the arbitrator involves interpretation and application of company-developed personnel policy or a public law.

Answers

Answer:

d. Provided for final resolution of disputes interrupting work that contributed to the war effort.

Explanation:

Labor arbitration refers to a common reference of disputes between the executive management of a business firm (company) and labor unions to an impartial third party known as an arbitrator, for final resolution of the disputes or disagreements.

This ultimately implies that, labor arbitration provided for final resolution of disputes interrupting work that contributed to the war effort.

Basically, it comes as the last step for the resolution of disputes or disagreements with respect to collective-bargaining agreement, after every other measure to reach an agreement (settlement) have been exhausted

The we love books publishing company is this a publishing company, if so then how do I get to there web site

Answers

Answer:

www.welovebooks.net

Explanation:

You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.

Sabrina is trying to decide between opening an account at a local commercial bank or at her college credit union. What TRUE statement about these two institutions will BEST influence her decision?

A.
Since commercial banks are for-profit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.

B.
Since credit unions are for-profit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.

C.
Since commercial banks are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.

D.
Since credit unions are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.

Answers

Answer:

D.

Since credit unions are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.

Explanation:

I just took the test and got it right

A commercial bank is a type of financial institution that accepts public deposits and grants borrowers loans for profit-making investments and consumption. Hence option C is correct .

What are commercial bank or college credit union ?

To distinguish it from a retail bank and an investment bank, it can alsorefer to a bank, or a section of a big bank, that works with corporations or a large/middle-sized firm. Public and private sector banks are both considered commercial banks.

Commercial banks' primary responsibility is to offer financial services to individuals and businesses in order to promote social and economic stability and long-term economic growth.

They are nonprofit, member-owned cooperatives that offer discounts and other member perks in exchange for their profits. For college students, a credit unionoffer some of the lowest interest rates available for all types of loans and credit. Additionally, they provide free and affordable checking and savings accounts.

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Day 2 still: Put whatever you want you deserve a break from answering or asking questions :D

Answers

thank you very much kind person :-)

Answer

Anybody else lokey failing lol

Explanation:

Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exceeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost

Answers

Answer:

C. charge a price greater than marginal cost charge a price greater than marginal cost

Explanation:

A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity. They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.

SECTION A
QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments​

Answers

Answer: unions and customers

Explanation:

Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc

Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.



Or open Meet and enter this code: wtb-tsif-cpq female​

Answers

Answer:..................

For what ?_?

The mutual interdependence that characterizes oligopoly arises because: the products of various firms are homogeneous. the products of various firms are differentiated. a small number of firms produce a large proportion of industry output. the demand curves of firms are kinked at the prevailing price. If there are significant economies of scale in an industry, then: a firm that is large may be able to produce at a lower unit cost than can a small firm. a firm that is large will have to charge a higher price than will a small firm. entry to that industry will be easy. firms must differentiate their products to earn economic profits. Game theory can be used to demonstrate that oligopolists: rarely consider the potential reactions of rivals. experience economies of scale. that oligopolists can increase their profits through collusion. may be either homogeneous or differentiated.

Answers

Answer:

1. A small number of firms produce a large proportion of industry output.

2. A firm that is large may be able to produce at a lower unit cost than can a small firm.

3. That oligopolists can increase their profits through collusion.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

I. Mutual interdependence between the firms.

II. Market control by many small firms.

III. Difficult entry to new firms.

Under the game theory, when firms makes a decision about their business, it is expected that they consider how the other firms would react to such decisions.

1. The mutual interdependence that characterizes oligopoly arises because a small number of firms produce a large proportion of industry output.

2. If there are significant economies of scale in an industry, then a firm that is large may be able to produce at a lower unit cost than can a small firm.

3. Game theory can be used to demonstrate that oligopolists can increase their profits through collusion.

The correct answers to the given statements are as follows: 1. The mutual interdependence that characterizes oligopoly arises, 2. A firm that is large may be able to produce at a lower unit cost than can a small firm, and 3. Game theory can be used to demonstrate that oligopolists may be either homogeneous or differentiated

Why are the assertions above?

1. The mutual interdependence that characterizes oligopoly arises because: the demand curves of firms are kinked at the prevailing price. In an oligopoly, firms consider the potential reactions of their rivals when making decisions about pricing, production, or other strategic choices. The kinked demand curve model suggests that firms in an oligopoly face a demand curve that is elastic above the prevailing price and inelastic below it. This creates a situation where firms are interdependent, as a change in price or output by one firm can lead to reactions from other firms in the market.

2. If there are significant economies of scale in an industry, then: a firm that is large may be able to produce at a lower unit cost than can a small firm. Economies of scale refer to cost advantages that arise when the scale of production increases. When there are significant economies of scale, a larger firm can spread its fixed costs over a larger output, resulting in lower average costs per unit compared to a smaller firm. Therefore, a large firm may be able to produce at a lower unit cost than a small firm in such an industry.

3. Game theory can be used to demonstrate that oligopolists: may be either homogeneous or differentiated. Game theory is a mathematical framework used to analyze strategic interactions between decision-makers. In the context of oligopoly, game theory can be used to study how firms with interdependent decisions behave and make strategic choices. It can apply to both homogeneous oligopoly (where firms offer similar products) and differentiated oligopoly (where firms offer distinct products).

However, note that the statement "oligopolists can increase their profits through collusion" is missing from the given options. Collusion refers to an agreement among firms to coordinate their actions in order to maximize joint profits. While collusion is a potential strategy for oligopolistic firms to increase profits, it is not explicitly mentioned in the given choices.

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Start-up costs do NOT include:
OA. Space for the business
OB. Equipment and supplies
OC. Refinancing
OD. Labor expenses

Answers

answer C bc process of elimination

Spotlight on India and Mexico Question Number 1) India’s rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. This trend is indicative of the world economic trend that ________. a Manufacturing is increasing only in developing countries b Manufacturing is declining c production has been decoupled from employment d Communism is on the rise e Currency trading has decreased Previous Question 1 of 5 (0 completed) Next

Answers

Answer:

production has been decoupled from employment

Explanation:

We aren't informed about India’s which is rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. In this case, This trend is indicative of the world economic trend that production has been decoupled from employment.

Decoupled Production can be regarded as a case whereby company/ firms brings about separation of production from ideation, employment as well as media buying. And in some cases, a chosen production house takes responsibility for production work.

explain demand of money​

Answers

Answer:

In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3.

Explanation:

the roles of internal auditors

Answers

Answer:

Objectively assess a company's IT and/or business processes.

Assess the company's risks and the efficacy of its risk management efforts.

Ensure that the organization is complying with relevant laws and statutes.

Evaluate internal control and make recommendations on how to improve.

name four commercial services which are useful to a manufacturer​

Answers

I don’t know but you will get it
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