subject
Business, 09.02.2022 14:00 arixox

The following is a condensed version of the comparative balance sheets for Larkspur Corporation for the last two years at December 31. 2020 2019 Cash $ 221,250 $ 97,500 Accounts receivable 225,000 231,250 Investments 65,000 92,500 Equipment 372,500 300,000 Accumulated Depreciation-Equipment (132,500 ) (111,250 ) Current liabilities 167,500 188,750 Common stock 200,000 200,000 Retained earnings 383,750 221,250 Additional information: Investments were sold at a loss of $12,500; no equipment was sold; cash dividends paid were $37,500; and net income was $200,000. (a) Prepare a statement of cash flows for 2020 for Larkspur Corporation

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
question
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
question
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
question
Business, 22.06.2019 17:00
You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
You know the right answer?
The following is a condensed version of the comparative balance sheets for Larkspur Corporation for...
Questions
question
Computers and Technology, 14.09.2019 04:10
question
Computers and Technology, 14.09.2019 04:10
Questions on the website: 13722367