Yi company began operations on january 1, 2013. during 2013, the company engaged in the following cash transactions:

1) issued stock for $66,000
2) borrowed $38,000 from its bank
3) provided consulting services for $64,000
4) paid back $28,000 of the bank loan
5) paid rent expense for $15,500
6) purchased equipment costing $25,000
7) paid $4,300 dividends to stockholders
8) paid employees' salaries, $34,000

what is yi's net cash flow from investing activities?

a. outflow of $51,300
b. outflow of $25,000
c. inflow of $41,000
d. inflow of $66,000

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)