During 2019 the barker company had a net income of $75,000. below is information taken from barker’s last two balance sheets: 2018 2019 accounts receivable (all current) 51,000 54,000 long-term accounts receivable 10,000 0 accounts payable (all current) 3,000 4,000 land 100,000 96,000 equipment 50,000 50,000 accumulated depreciation, equipment 3,500 5,000 common stock 4,200 12,200 additional information for 2019: 1. long-term notes receivable related to a loan barker made to another business entity in the amount of $10,000 were paid back in cash before maturity. 2. barker sold a piece of land at a $500 gain. no other land was purchased during the period. 3. dividends in the amount of $2,000 were paid during the year. what was the amount of cash provided by operating activities for 2019?
Answers: 1
Business, 22.06.2019 11:00, hadwell34
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
Business, 22.06.2019 12:10, weeman6546
Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:
Answers: 2
During 2019 the barker company had a net income of $75,000. below is information taken from barker’s...
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