Business, 04.06.2020 13:12 catcatscats122
The following information is available for Larkspur Corporation for the year ended December 31, 2022.
Beginning cash balance $40,000
Accounts payable decrease 3,200
Depreciation expense 84,000
Accounts receivable increase 9,400
Inventory increase 12,300
Net income 257,000
Cash received for sale of land at book value 40,000
Sales revenue 745,000
Cash dividends paid 11,900
Income tax payable increase 4,000
Cash used to purchase building 140,500
Cash used to purchase treasury stock 30,100
Cash received from issuing bonds 269,000
Prepare a statement of cash flows using the indirect method.
Answers: 3
Business, 21.06.2019 20:00
Answer the following questions using the data given below. annual percent return on mutual funds (n = 17) last year (x) this year (y) 11.9 15.4 19.5 26.7 11.2 18.2 14.1 16.7 14.2 13.2 5.2 16.4 20.7 21.1 11.3 12.0 –1.1 12.1 3.9 7.4 12.9 11.5 12.4 23.0 12.5 12.7 2.7 15.1 8.8 18.7 7.2 9.9 5.9 18.9
Answers: 3
Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
Business, 22.06.2019 23:30
Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?
Answers: 1
The following information is available for Larkspur Corporation for the year ended December 31, 2022...
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