Carter Containers sold marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $21 million, $25 million, and $12 million, respectively. What amount should Carter report as net cash from investing activities?

Answers

Answer 1

Answer:

Answer:

The $8 million is the amount which should Carter report as net cash from investing activities.

Explanation:

Cash flow from investing activities : It includes all types of transactions whether it is a sale or purchase of fixed assets and intangible assets.

So, the net cash flow amount from investing activities is equals to

= Sale of marketable securities + Sale of land - Purchase of equipment - purchase of patent

= $30 million + $15 million - $25 million - $12 million

= $8 million

The sale of common stock and purchase of treasury stock is a part of financing activities. Hence, it is not considered in the computation part.

Thus, the $8 million is the amount which should Carter report as net cash from investing activities.

Answer 2

Answer:

Final answer:

Carter Containers' cash inflows from selling marketable securities, land, and common stock total $85 million. The cash outflows from buying treasury stock, equipment, and a patent total $58 million. Therefore, the net cash from investing activities is $27 million.

Explanation:

To figure out the net cash from investing activities for Carter Containers, we begin by looking at the inflows of cash. These are generated by the sales of marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively.

We then take into consideration the outflows, which are the result of purchasing treasury stocks, equipment, and a patent, costing $21 million, $25 million, and $12 million respectively.

Summing up all the cash inflows gives us a total of $85 million. The total outflows, which are the company's expenses, amount to $58 million. To determine the net cash from investing activities, we subtract the total cash outflows from the total inflows.

Therefore, Carter's net cash from investing activities is $27 million ($85 million - $58 million).

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A company purchased inventory as follows: 150 units at $10 350 units at $12 The average unit cost for inventory is
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In the initial Cournot duopoly equilibrium, both firms have constant marginal costs, m, and no fixed costs, and there is a barrier to entry. Show what happens to the best-response function of firms if both firms now face a fixed cost of F Let market demand be p-a -bQ, where a and b are positive parameters with 2 firms. Let q1 and q2 be the amount produced by firm 1 and firm 2, respectively. Assuming it is optimal for the firm one to produce, its best-response function is I. (Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. Eg., a subscript can be created with the- q1 = character.)

Answers

Answer:

The best response functions are given by

$q_1=(a-m)/(2b)-(q_2)/(2)$

$q_2=(a-m)/(2b)-(q_1)/(2)$

Explanation:

Under no fixed costs the total costs is

$CT_i= mq_i$

for i=1,2. The market demand is given by

$p=a-bQ$

where $Q=q_1+q_2$ is the total production

Firm 1 and 2 will maximize its own profits. Since this firms are symmetric the problems are too

$max\,\Pi_1=p=(a-b(q_1+q_2))q_1-mq_1$

The first order conditions (take derivative of the profit with respect to $q_1$ are given by

$a-2 b q_1-b q_2-m=0$

Then the best-response function for Firm 1 will be

$q_1=(a-m)/(2b)-(q_2)/(2)$

and the solution for Firm 2 would be the symmetric

$q_2=(a-m)/(2b)-(q_1)/(2)$

Now we can add fixed costs, so total costs now look

$CT_i= F+mq_i$ for i=1,2

the profit maximization problem for firm 1 looks now

$max\,\Pi_1=p=(a-b(q_1+q_2))q_1-F-mq_1$

The first order conditions are given by

$a-2 b q_1-b q_2-m=0$

note that this equation is the same as in the absence of Fixed Costs. So the solutions would be the same. Fixed costs don't change the optimal level of production of these firms.

Note that Total Costs are given by fixed costs (F) and marginal costs (m) that depend on the production level of the firm

$CT_i=F+mq_i$

for i=1,2. The market demand is given by

$p=a-bQ$

where $Q=q_1+q_2$ is the total production, so it's the sum of each firms production

Firm 1 will maximize it's own profits

$max\,\Pi_1=p=(a-b(q_1+q_2))q_1-F-mq_1$

The first order conditions (take derivative of the profit with respect to $q_1$ are given by

$a-2 b q_1-b q_2-m=0$

Then the best-response function for Firm 1 will be

$q_1=(a-m)/(2b)-(q_2)/(2)$

and the solution for Firm 2 would be symmetric.

Note that only marginal costs are relevant for getting the best-response function, so adding fixed costs (F) don't change the results

Explanation:

Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks totaling $64,900. The June bank statement shows that $37,600 in checks cleared the bank in June. A check from one of Harris Company's customers in the amount of $300 was also returned marked "NSF." The amount of outstanding checks on Harris Company's June bank reconciliation should be ____.

Answers

Answer:

$42,700

Explanation:

The presentation of bank reconciliation is shown below:-

Check outstanding in June beginning $15,400

Add: Check issued $64,900

Total check to be cleared $80,300

Less: Check cleared $37,600

The Outstanding amount of checks issued $42,700

Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,500 units) $ 180,000 Variable expenses 81,000 Contribution margin 99,000 Fixed expenses 45,000 Net operating income $ 54,000 If the company sells 4,600 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Answers

Answer:

$101,200

Explanation:

First, we need to calculate the total contribution margin per unit

Contribution margin per unit = 99,000 ÷ 4,500

Contribution margin = $22 per unit

Then, we will multiply with the units sold to get the budgeted contribution margin

= Units sold × Contribution margin per unit

= 4,600 × $22

= $101,200

Therefore, its total contribution margin should be closest to $101,200

On January 1, 20X8, Peta Company acquired 85 percent of Star Company's common stock for $100,000 cash. The fair value of the noncontrolling interest was determined to be 15 percent of the book value of Star at that date. What portion of the retained earnings reported in the consolidated balance sheet prepared immediately after the business combination is assigned to the noncontrolling interest

Answers

Answer:

15 percent

Explanation:

The maximum total interest in any company is 100%. Since 85% of the common stock of Star Company was acquired by Peta Company, Peta Company is automatically the parent company to Star Company no matter the amount of cash its paid for the acquisition while the remaining 15% will automatically be classified as non-controlling interest.

Therefore, noncontrolling interest can be calculated as follows:

Noncontrolling interest = Total interest - Peta company's interest

= 100% - 85% = 15%

Therefore, 15 percent is the portion of the retained earnings reported in the consolidated balance sheet prepared immediately after the business combination that is assigned to the noncontrolling interest. The amount paid for the percentage interest acquisition does matter when profit is been shared between the parent company and the non-controlling interest.

Note:

A parent company is a company that has more than 50 percent of outstanding shares and therefore it is in charge of all decision making of the company. The company it acquired its more than 50 percent outstanding shares now becomes its subsidiary.

Non-controlling interest refers to the ownership of less than 50 percent of outstanding shares in a company and therefore not in charge of all decision making of the company. It is also referred as the minority interest.

The growing demand for biofuels in the U.S. that has led to a growing supply of soybeans from Brazil is an example of all of the following EXCEPT ________ economies.

Answers

Answer:

Localized economics

Explanation:

Localized economics :

Localisation implies the grouping of a specific industry in a specific region, region or area. Localisation is identified with the regional division of work, that is, specialization by regions or areas.

A specific town or district will in general have practical experience in the creation of a specific item.

These are benefits for a firm got from the nearness of firms having a place with a similar industry in a region. Urbanization economies are those advantages acquired by a firm emerging from the size of a region and the decent variety of its economy.

Employees in the Agriculture, Food, and Natural Resources career cluster workA. mostly inside in an office.
B. outside sometimes.
C. on construction sites.
D. on a sales floor.

Answers

Employees in the Agriculture, Food and Natural Resources career cluster work outside sometimes. Thus, option B is correct.

Who are Employees?

When employees are the ones who are being hired to do a specific job or a task. These are the ones who play a major role in a particular field in which they have expertise. They are the one who is employed by an employer. For the work that an employee does he or she is getting paid for that.

The employee who works in agriculture food or the natural resource sector usually is the ones who have to work outside. These are the ones who have to work in any weather or season.

They are the ones who work on the ground level. These are the other people who make natural resources and agricultural crops need to be taken care of outside. Therefore, option B is the correct option.

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Answer:

B. Outside sometimes

Explanation:

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