Which one of the following is a use of cash? Group of answer choices (A).payment to a supplier (B).payment received from a customer on his or her account (C).decrease in accounts receivables (D).sale of common stock (E).sale of inventory to a cash customer
Q: A unique 30-year bond matures in 10 years sells for $1050, has a $1,000 face value, pays interest…
A: The face value of the bond is $1000 The current selling price of the bond is $1,050 Yield to…
Q: A2) A semi-annual pay interest rate swap where the fixed rate is 6.00% (with semi-annual…
A: As per the given information: Fixed-rate - 6.00%(with semi-annual compounding)Remaining life - 8…
Q: You purchased 500 shares of stock at $27.00 per share. Later that stock paid a $3.00 per share…
A: The Return is calculated with the help of following formula Return = Income ÷ Investment × 100
Q: A portfolio manager summarizes the input from the macro and micro forecasters in the following…
A: Asset Expected Return (%) Beta Residual Standard Deviation (%) Stock A 25 1.2 56…
Q: Tysseland Company’s market and book value capital structures are shown below. There are no preferred…
A: The WACC of a company is the return that the company provides to all its stakeholders. It considers…
Q: 8. A bond with a face value of P1,000 has a 3% coupon and an 8-year maturity date. Find the…
A: Solution:- Bond holders get an equal fixed periodic amount known as coupon or interest. It is the…
Q: Dividends cannot be paid on common stock until all current and previously omitted dividends are paid…
A: The term dividend refers to that part of profits of a company which is distributed by the company…
Q: The formula to calculate the discounted value of a single payment received in the future is which of…
A: Two questions appear on the screen. In the first question, we have to find the expression that…
Q: Weisman Electronics recently paid a dividend of $2.00, the market yield (S & P 500) is 10%, the…
A: Risk free rate (Rf) = 0.04 Beta (b) = 2.5 Market return (Rm) = 0.10 Just paid dividend (D0) = $2…
Q: Which of the following would not be an appropriate reason for a firm to repurchase its stock: As…
A: In a stock buyback, the issuing business returns the portion of its ownership that was previously…
Q: Project b npv is incorrect. MIRR is wrong for A and B.
A:
Q: how to construct a synthetic bond with a call and put in year 0 and comput implied interest rate
A: We have to create a synthetic bond using the call and put options and then calculate the implied…
Q: Managers of corporations need to act in an ethical manner O because ethical behavior is its own…
A: Managers of corporation are the representatives of the company or corporation. They must act…
Q: It's time to buy a car! You decide on a model with a price of $24, 850. Wi you can borrow the money…
A: Loans are paid by the monthly payment that carry the payment for interest and payment for principal…
Q: Company X has an investment opportunity in Europe. The project costs €30,000,000 and is expected to…
A: The NPV of a project is a measure of its profitability. It uses the concept of TVM to discount…
Q: Locust Inc. owes $13,000.00 to be repaid by monthly payments of $470.00. Interest is 11% compounded…
A: Honor Code: Since you have posted a question with multiple sub-parts, we will provide the solution…
Q: he Milton Company currently purchases an average of $18,000 per day in raw materials on credit terms…
A: When a company purchases goods on credit, the seller specifies the terms of payment on the invoice.…
Q: CT firm had $6,300 cash at the beginning of the period. During the period, the firm collected $1,700…
A: Cash is very important in the business because cash is life line in the business and business…
Q: With the help of accounting ratios, Critically analyse the Profitability performance of the Apple…
A:
Q: Sara is currently holding 75 shares of Apple, Inc. (AAPL), 16 shares of PayPal (PYPL), and 62 shares…
A: Sara is currently holding 75 shares of Apple, Inc. (AAPL), 16 shares of PayPal (PYPL), and 62 shares…
Q: 17 - According to the Single Index Model, the only systematic influence(s) on common stock prices…
A: The Single Index Model is a financial model that is used to evaluate the performance of a stock or…
Q: As the number of stocks in a portfolio increase, the portfolio’s systematic risk can either increase…
A: Solution: When an investor invests in equity market, it get exposed to two types of risk- a)…
Q: You place an order for 1,800 units of widgets at a unit price of $14.99. The supplier offers terms…
A: Remittance = 1,800*$14.99 = $26,982 Now, (1-0.02) ($26,982) = $26,442.36
Q: Options have zero time value at expiration date T/F
A: Options The financial instruments that help the investors to manage the risk that occurs in the…
Q: You are considering two stocks and have determined the following information: Stock A The return on…
A: Solution: Given, Probability of Stock A (P) Return of Stock A(%) = RA E(RA) = RA*P [RA -…
Q: A small scale mining investment is expected to generate $40,000 per year in profits over the next 12…
A: We need to calculate the FV of an annuity in nominal terms and then in real terms.
Q: Using the table below, what is the maximum that an investor should be willing to pay for the share…
A: As per Capital Asset Pricing Model the cost of equity is calculated with the help of following…
Q: Uncle Ben saved $800.000 during the 25 years that he worked for a major corporation. Now he has…
A: The question is related to Capital Budgeting.1. The Net Present value is calculated with the help of…
Q: Mr. and Mrs. Smith have just purchased a $600,000 house and have made a down payment of$120,000.…
A: In a typical loan amortization case, we need to first find the loan balance at the end of 20 years,…
Q: 18. An example of systematic risk is: a. changes in the Federal budget deficit that could affect…
A: As per the Honor code of Bartleby we are bound to given the answer of first question only, Please…
Q: Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This…
A: Operating assets are cash, accounts receivable, inventories and net fixed assets. Operating Assets…
Q: Under ASC Topic 606 for revenue recognition, which of the following factors is not an indicator of…
A: Its Very Important to determine the Principal and agent as recording of revenue by both Principal…
Q: Makita Inc. is a tool company. Recently, its stock has been added to the list of over-the-counter…
A: Honor Code: Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: go has borrowed $197,450 on margin to buy Apple, Inc. (AAPL), which is now trading at $133.75 per…
A: Brokers gives the margin to the client so that they can purchase large amount of equity but there…
Q: The "Float" of a company's stock represents: Total shares not held by Officers and Directors.…
A: Solution:- The funds raised by a company are known as its share capital. The total share capital is…
Q: Stock A's beta is 1.7 and Stock B's beta is 0.7. Which of the following statements must be true…
A: Beta is a measure of systematic risk and it cannot be eliminated by diversification. Higher the beta…
Q: When a bank increases its provision for loan losses, it genera expects an increase in nonperforming…
A: Banks provide loans and also accept deposits from the public also but giving loans and taking…
Q: I am buying a used 2020 Ford EcoSport because I need something to drive. The the EcoSport cost…
A: Monthly payment on loan when it is amortized is an annuit concept of time value of money. Time…
Q: Scott has saved $560 per quarter for the last three years in a savings account earning 5.20%…
A: The amount of saving per Quarter is $560 The interest rate is 5.20% compounded quarterly The time…
Q: A manufacturing company has to produce and sell 229 items every month to break even. The company's…
A: The quantity for breakeven is 229 The fixed cost is $2,281.50 The variable cost is $12 per item To…
Q: (Related to Checkpoint 18.3) (Calculating the cost of short-term financing) You plan to borrow…
A: Loans are any type pf financial credit facility in which a sum of money is lent by one party to…
Q: how to calculate property loss claim average
A: To calculate the property loss claim average, you would need to sum the total amount of all property…
Q: Market value of High Leverage, Inc. Round your answer to the nearest dollar. $
A: concept. According to Modigliani and Miller hypothesis , Value of unlevered firm = value of levered…
Q: On December 31, 2018, Inventory for Company X was $30,000. On December 31, 2019 the Inventory amount…
A: Inventory is a current asset that represents the raw materials, work in progress, and finished goods…
Q: If the present value of an annuity is 38888 dollars, r=3.4% and t=19 years. Assuming annual payments…
A: Annual cash flow amount is calculated using following equation Annual cash flow = PV×r(1-1(1+r)n)…
Q: What is the present value of the streams of cash flow for the following: Php1,000,000 with a…
A: Solution:- When an equal amount is paid each period, it is known as ordinary annuity. We know,…
Q: Compute for the Modified Payback Period of opportunity #1. Compute for the Modified Payback Period…
A:
Q: (Calculating project cash flows and NPV) Weir's Trucking, Inc. is considering the purchase of a new…
A: Since you have posted multiple questions, we will provide the solution only to the specified sub…
Q: , Inc. is in your opinion a company should be considered fo
A: Doing investment in the stock markets is very risky and investment should be done with care and…
Q: The management of ABC company are considering buying a new machine which would produce parts for a…
A: Machine A Initial cost $65,000.00 Salvage Value $ 5,000.00 Cash sales $24,000.00 Cash…
Which one of the following is a use of cash?
Group of answer choices
(A).payment to a supplier
(B).payment received from a customer on his or her account
(C).decrease in accounts receivables
(D).sale of common stock
(E).sale of inventory to a cash customer.
Need typed answer.Please give answer within 45 minutes
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- For each of the following transactions, state which special journal (Sales Journal, Cash Receipts Journal, Cash Disbursements Journal, Purchases Journal, or General Journal) and which subsidiary ledger (Accounts Receivable, Accounts Payable, neither) would be used in recording the transaction. A. Sold inventory for cash B. Issued common stock for cash C. Received and paid utility bill D. Bought office equipment on account E. Accrued interest on a loan at the end of the accounting period F. Paid a loan payment G. Bought inventory on account H. Paid employees I. Sold inventory on account J. Paid monthly insurance billPost the following July transactions to T-accounts for Accounts Receivable and Cash, indicating the ending balance (assume no beginning balances in these accounts): A. sold products to customers for cash, $8,500 B. sold products to customers on account, $2,900 C. collected cash from customer accounts, $1,600Prepare journal entries to record the following transactions. Create a T-account for Cash, post any entries that affect the account, and calculate the ending balance for the account. Assume a Cash beginning balance of $37,400. A. May 12, collected balance due from customers on account, $16,000 B. June 10, purchased supplies for cash, $4,444
- CASH, MODIFIED CASH, AND ACCRUAL BASES OF ACCOUNTING For each journal entry shown below, indicate the accounting method(s) for which the entry would be appropriate. If the journal entry is not appropriate for a particular accounting method, explain the proper accounting treatment for that method. 1. Office Equipment Cash Purchased equipment for cash 2. Office Equipment Accounts Payable Purchased equipment on account 3. Cash Revenue Cash receipts for week 4. Accounts Receivable Revenue Services performed on account 5. Prepaid Insurance Cash Purchased prepaid asset 6. Supplies Accounts Payable Purchased prepaid asset 7. Phone Expense Cash Paid phone bill 8. Wages Expense Cash Paid wages for month 9. Accounts Payable Cash Made payment on account Adjusting Entries: 10. Supplies Expense Supplies 11. Wages Expense Wages Payable 12. Depreciation ExpenseOffice Equipment Accumulated DepreciationOffice EquipmentPost the following July transactions to T-accounts for Accounts Receivable, Sales Revenue, and Cash, indicating the ending balance. Assume no beginning balances in these accounts. A. sold products to customers for cash, $7,500 B. sold products to customers on account, $12,650 C. collected cash from customer accounts, $9,500Which of these transactions requires a credit entry to Revenue? A. received cash from services performed this month B. collected balance due from customers C. received cash from bank loan D. refunded a customer for a defective product
- From the following list, identify which items are considered original sources: A. accounts receivable B. receipt from post office for post office box C. purchase order D. general ledger E. adjusted trial balance F. statement of retained earnings G. electric bill H. packing slip I. company expense account J. statement of cash flowsPost the following February transactions to T-accounts for Accounts Receivable and Cash, indicating the ending balance (assume no beginning balances in these accounts). A. provided legal services to customers for cash, $5,600 B. provided legal services to customers on account, $4,700 C. collected cash from customer accounts, $3,500To demonstrate the difference between cash account activity and accrual basis profits (net income), note the amount each transaction affects cash and the amount each transaction affects net income. A. paid balance due for accounts payable $6,900 B. charged clients for legal services provided $5,200 C. purchased supplies on account $1,750 D. collected legal service fees from clients for current month $3,700 E. issued stock in exchange for a note payable $10,000
- To demonstrate the difference between cash account activity and accrual basis profits (net income), note the amount each transaction affects cash and the amount each transaction affects net income. A. issued stock for cash $20,000 B. purchased supplies inventory on account $1,800 C. paid employee salaries; assume it was current days expenses $950 D. paid note payment to bank (principal only) $1,200 E. collected balance on accounts receivable $4,750Received a check for $72 from a customer, Mr. White. Mr. White owed you $124. Which journal would the company use to record this transaction? A. sales journal B. purchases journal C. cash receipts journal D. cash disbursements journal E. general journalAnalyzing the Accounts The controller for Summit Sales Inc. provides the following information on transactions that occurred during the year: a. Purchased supplies on credit, $18,600 b. Paid $14,800 cash toward the purchase in Transaction a c. Provided services to customers on credit1 $46,925 d. Collected $39,650 cash from accounts receivable e. Recorded depreciation expense, $8,175 f. Employee salaries accrued, $15,650 g. Paid $15,650 cash to employees for salaries earned h. Accrued interest expense on long-term debt, $1,950 i. Paid a total of $25,000 on long-term debt, which includes $1.950 interest from Transaction h j. Paid $2,220 cash for l years insurance coverage in advance k. Recognized insurance expense, $1,340, that was paid in a previous period l. Sold equipment with a book value of $7,500 for $7,500 cash m. Declared cash dividend, $12,000 n. Paid cash dividend declared in Transaction m o. Purchased new equipment for $28,300 cash. p. Issued common stock for $60,000 cash q. Used $10,700 of supplies to produce revenues Summit Sales uses the indirect method to prepare its statement of cash flows. Required: 1. Construct a table similar to the one shown at the top of the next page. Analyze each transaction and indicate its effect on the fundamental accounting equation. If the transaction increases a financial statement element, write the amount of the increase preceded by a plus sign (+) in the appropriate column. If the transaction decreases a financial statement element, write the amount of the decrease preceded by a minus sign (-) in the appropriate column. 2. Indicate whether each transaction results in a cash inflow or a cash outflow in the Effect on Cash Flows column. If the transaction has no effect on cash flow, then indicate this by placing none in the Effect on Cash Flows column. 3. For each transaction that affected cash flows, indicate whether the cash flow would be classified as a cash flow from operating activities, cash flow from investing activities, or cash flow from financing activities. If there is no effect on cash flows, indicate this as a non-cash activity.