Business, 14.09.2021 17:30, jgomez042202
On December 31, 2020, Culver Company had $1,107,000 of short-term debt in the form of notes payable due February 2, 2021. On January 21, 2021, the company issued 26,800 shares of its common stock for $29 per share, receiving $777,200 proceeds after brokerage fees and other costs of issuance. On February 2, 2021, the proceeds from the stock sale, supplemented by an additional $329,800 cash, are used to liquidate the $1,107,000 debt. The December 31, 2020, balance sheet is issued on February 23, 2021. Show how the $1,107,000 of short-term debt should be presented on the December 31, 2020, balance sheet.
Answers: 1
Business, 22.06.2019 13:10, KillerSteamcar
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
Business, 22.06.2019 23:30, bearbri4520
The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are
Answers: 2
On December 31, 2020, Culver Company had $1,107,000 of short-term debt in the form of notes payable...
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