The following changes occurred in accounts over the year: Accounts Payable increased by $6,000, Bonds Payable decreased by $12,000, Common Stock increased by $10,000, Paid-In Capital increased by $10,000, and Retained Earnings increased by $20,000. No dividends were paid during the year. What is the net cash flow from financing activities?a. $(8,000)b. $22,000c. $20,000d. $8,000

Answers

Answer 1
Answer:

Answer:

d. $8,000

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.

  1. Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement. Examples: Revenue earned, expenses incurred etc.
  2. Investing Activities records the cash transactions that show the changes in long-term investments are recorded under ‘investing activities’ in cash flow statement.  Example: Purchase of plant, sale of equipment etc.
  3. Financing Activities records the cash transactions that show the changes in the finances or long-term debt of the company are recorded under the ‘financing activities’ in the cash flow statement. Example: Debt paid off, new shares issued etc.

Net cash flow from financing activities section is shown below:


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ILL GIvE BRIANLEST PLZZZ HELPFlowcharting clarifies what will happen in a process or

a. What needs to happen

c. What is predicted to happen at a future date

b. What is estimated to happen

d. None of these Please select the best answer from the choices provided A B C D

Answers

Answer:

What is estimated to happen

Explanation:

Flowcharts are created to gather information to determine what will or what could happen.

Answer:

D

Explanation:

Why are closing costs a one time fee?a.

Payment of closing costs is required because it is a sign to the lending institution that the investor has every intention of making payments on time.
b.

If closing costs were paid over time, they would most likely be forgotten and never paid off.
c.

Most home buyers pay for their houses in full, and consequently pay for the closing costs in full as well.
d.

The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.

Answers

Answer:

D BOYS

Explanation:

Final answer:

Closing costs are a one-time fee because they pay for necessary services when buying a property, including title searches, loan origination fees, and realtor commissions. These costs are required to be paid at close to finalize the transaction and establish trust with the lender.

Explanation:

Closing costs are a one-time fee because they cover a variety of services and costs required to finalize the purchase of a property. These include title searches, loan origination fees, realtor commissions, and transfer taxes. After the closing of the purchase, the buyer's only remaining obligation is to repay the loan to the lender.

The reason these costs are paid in one lump sum at close rather than spread out over time is two-fold. Firstly, many of the services provided in these costs are required to be completed before the transaction can be legally closed. Secondly, by paying these costs upfront, the buyer ensures a clear transition of ownership and helps to establish trust with the lender.

Learn more about Closing Costs here:

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Tony's Carpets wants to charge $9.80 a yard for installing a carpet for Serenity Bookstore but accidentally states $8.90 a yard in the bid. Serenity Bookstore accepts Tony's bid. Tony's carpets made a ___ mistake.a. bilateral
b. unilateral
c. mutual
d. rescission
e. fraudulent

Answers

Answer:

The correct answer is (B)

Explanation:

The unilateral mistake can incorporate various parts of the agreement including explicit laws, facts, or term definitions. Going into a legitimate agreement necessitates that the two gatherings completely comprehend the terms and duties of the agreement. A case of a unilateral failure happens when one of the gatherings does not understand every aspect of the agreement. Unilateral failures will in general be more typical than bilateral when managing contracts.

On holiday weekends thousands of people picnic in state parks. Some picnic areas become so overcrowded the benefit or value of picnicking diminishes to zero. Suppose that the Minnesota State Park Service institutes a variable fee structure. On weekdays when the picnic areas get little use, the fee is zero. On normal weekends, the fee is $8 per person. On holiday weekends, the fee is $14 per person. The fee system corrects a problem known as the

Answers

Answer:

The fee system corrects a problem known as the Tragedy of the commons.

Explanation:

The tradegy of the commons is an economic theory that states how individuals make use and exploit natural resources to the point of depletion, out of their own self-interests and disregarding the general well-being of society. The term was made popular by biologist Garrett Hardin's scientific publication of the same name in 1968 and references economist William Lloyd when talking about the devastation of pastures in England back in 1832. This example proves that all individuals act on self-interest by contrasting the limited use of private owned pastures to preserve the land and the health of its herd, to the common pasture that was devastated by all herdsmen.

Parker, Inc. had a beginning balance in its Retained Earnings account of $386,200. During the year, the company declared and paid a $4,820 dividend and, at the end of the year, it reported Retained Earnings of $401,060. The company's net income for the year was:___________a) $19,740
b) $14,910
c) $10,08
d) $0

Answers

Answer:

The company's net income for the year was $19680

Explanation:

Ending Retained earnings=Beginning Retained earnings+Net income-Dividends

401,060 = 386,200 + Net income - 4820

Net income = (401,060 + 4820 - 386200)

                     =$19680.

Well-known business writer, Gary Hamel, has described _____ as "the most important business issue of our time." product distribution the creation of radical innovation advertising and marketing of services product line extensions

Answers

Answer:

Creation of radical innovation.

Explanation:

Radical innovation is one that changes the system and way of doing things and introduces a new framework of work. It tends to create new markets for products. A popular example is Netflix with their video streaming service changed the industry and put Blockbuster out of business.

Incremental innovation on the other hand adds to the already existing way of doing things.