subject
Business, 17.09.2019 22:00 leannaadrian

As of january 1, year 2, room designs inc. had a balance of $9,900 in cash, $3,500 in common stock, and $6,400 in retained earnings. these were the only accounts with balances in the ledger on january 1, year 2. further analysis of the company’s cash account indicated that during the year 2 accounting period, the company had (1) net cash inflow from operating activities of $9,800, (2) net cash outflow for investing activities of $16,500 and (3) net cahs flow from financing activities of $11,000. all revenue and expenses events were cash events. the following account and balances represent the general ledger of room design inc as december 31, 2013 before closing. assets = liabilities + stockholder's equitycash 14,200 notes payable 9000 common stock 7500 revenue 18,100land 16,500 ret. earning 6400 expenses 8,300 dividents 2000what did the company purchase that resulted in the cash outflow from investing activities?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:20
Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)
Answers: 3
question
Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
Answers: 1
question
Business, 22.06.2019 20:10
Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%
Answers: 2
question
Business, 22.06.2019 20:30
Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
You know the right answer?
As of january 1, year 2, room designs inc. had a balance of $9,900 in cash, $3,500 in common stock,...
Questions
question
Mathematics, 03.03.2020 17:48
question
Mathematics, 03.03.2020 17:49
Questions on the website: 13722360