Business, 19.05.2020 18:09 rakanmadi87
In preparation for developing its statement of cash flows for the year ended December 31, 2018, Millennium Solutions, Inc. collected the following information: ($ in millions) Payment for the early extinguishment of long-term notes (book value: $100 million) $ 108.7 Sale of common shares 352.7 Retirement of common shares 244.7 Loss on sale of equipment 4.7 Proceeds from sale of equipment 16.7 Issuance of short-term note payable for cash 20.7 Acquisition of building for cash 14.7 Purchase of marketable securities (not a cash equivalent) 10.7 Purchase of marketable securities (considered a cash equivalent) 2.7 Cash payment for 3-year insurance policy 6.7 Collection of note receivable with interest (principal amount, $22) 26.7 Declaration of cash dividends 66.7 Distribution of cash dividends declared in 2017 60.7 Required: 1. Prepare the investing activities section of Millennium's statement of cash flows for 2018. 2. Prepare the financing activities section of Millennium's statement of cash flows for 2018.
Answers: 3
Business, 22.06.2019 04:40
Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and youâve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; youâll depreciate this cost straight-line to zero over the projectâs life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Answers: 3
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
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Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
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Business, 22.06.2019 23:30
How does the federal reserve stabilize and safeguard the nationâs economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.
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In preparation for developing its statement of cash flows for the year ended December 31, 2018, Mill...
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