Quantum Dots, Inc., is a nanotechnology company that manufactures quantum dots, which are tiny pieces of silicon
Question:
Transcribed Image Text:
Current Year Previous Year Cash Flows from Operating Activities Net cash provided by (used for) operating activities Cash Flows from Investing Activities Purchases of research equipment Proceeds from selling all short-term investments Net cash provided by (used for) investing activities $ (50,790) (250,770) 35,000 (215,770) $(46,730) (480,145) (480,145) Cash Flows from Financing Activities Additional long-term debt borrowed Proceeds from stock issuance Cash dividends paid Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash at beginning of period Cash at end of period 100,000 140,000 200,000 200,000 (10,000) 390,000 240,000 (26,560) 29,025 $ 2,465 (136,875) 165,900 $ 29,025
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (20 reviews)
Quantum Dots Inc reports a net cash outflow for both years 26560 and 136875 even with significan...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
Assuming that a Pearson r can be used to analyze the data in Exercise 13.68, list the hypotheses. Data from exercise 13.68 A psychodynamic psychologist used an interval-level scale to measure the...
-
Is it true that Botox injections can be used to treat spasticity?
-
A laser beam can be used to weld, drill, etch, cut. And mark metals, as shown In Figure P5.3(a) [14]. Assume we have a work requirement for an accurate laser to mark a parabolic path with a...
-
PWX Inc. has the following information for its years ended June 30: Required: Calculate the accounts receivable turnover and average collection period for 20X3 and 20X2. Comment on the trend. What...
-
Suppose that computers use 2 units of capital for each worker, so that KC = 2 ¢ LC, whereas shoes use 0.5 units of capital for each worker, so that KS = 0.5 ¢ LS. There are 100 workers and...
-
What is reflexivity?
-
From the following particulars, prepare a Bank Reconciliation statement as on 31 March 2002: (a) Bank balance as per cash book on 31 March 2002, 8000. (b) Out of cheques amounting to 3200 paid into...
-
On the first day of the fiscal year, a company issues a $1,500,000, 9%, five-year bond that pays semiannual interest of $67,500 ($1, 500,000 9% ), receiving cash of $1,334,398. Journalize the bond...
-
Partner Admission LOS EXERCISE 15-7 Phil Phoenix and Tim Tucson are partners in an electrical repair business. Their respective capital balances are $90,000 and $50,000, and they share profits and...
-
Frankfort Enterprises is trying to select the best investment from among three alternatives to shift and process Kentucy Blue grass seeds. Each alternative involves an initial outlay of $56,500....
-
Refer to the two cases presented in M12-5, and show the cash flow from operating activities section of the 2013 statement of cash flows using the directmethod. Case A Case B 2013 2012 2013 2012 Sales...
-
NIKE, Inc., is the best-known sports shoe, apparel, and equipment company in the world because of its association with sports stars such as LeBron James and Serena Williams. Some of the items...
-
Do you believe strategic management should be more visible or hidden as a process in a firm? Explain.
-
Based on the expense information below how do I figure out the break even, total fixed costs, total income for each procedure, variable costs dependent upon volume? The organization is purchasing a...
-
Compare training formats. Do you personally prefer classroom training, small group sessions, one-to-one training, or self-guided tutorials? Why? Are there circumstances in which you feel a one-to-one...
-
what ways do you feel a sense of identity and belonging within the organization's community, and how does that influence your performance and engagement?
-
How do different generational cohorts within the workforce perceive and contribute to organizational culture, and what steps can organizations take to create a cohesive culture that bridges...
-
How do various tools and techniques such as adding slack (padding estimates) or project buffers help project managers perform duration estimates? What are some ethical considerations when using slack...
-
On September 13, Tomas Company sold merchandise with an invoice price of \(\$ 1,200(\$ 600\) cost \()\), with terms of \(2 / 10, n / 30\), to Dalton Company. On September 17, \(\$ 250\) of the...
-
Listed below are common types of current liabilities, contingencies, and commitments: a. Accounts payable b. Bank loans and commercial paper c. Notes payable d. Dividends payable e. Sales and excise...
-
Metro AG, a global diversified retail and wholesale/cash and carry company based in Dsseldorf, Germany, is evaluating the effective cost of the following trade credit terms given by one of its...
-
Refer to E4-8. Data From E4-8. Nicklebys Ski Store is completing the accounting process for its first year ended December 31, 2017. The transactions during 2017 have been journalized and posted. The...
-
Nicklebys Ski Store is completing the accounting process for its first year ended December 31, 2017. The transactions during 2017 have been journalized and posted. The following data are available to...
-
Refer to E4-6. Data From E4-6. Fesel Company is making adjusting journal entries for the year ended December 31, 2017. In developing information for the adjusting journal entries, you learned the...
-
4. The risk-free rate of return is 3.78% and the market risk premium is 6.42%. What is the expected rate of return on a stock with a beta of 1.09?
-
Maddox Resources has credit sales of $ 1 8 0 , 0 0 0 yearly with credit terms of net 3 0 days, which is also the average collection period. Maddox does not offer a discount for early payment, so its...
-
Selk Steel Co., which began operations on January 4, 2017, had the following subsequent transactions and events in its long-term investments. 2017 Jan. 5 Selk purchased 50,000 shares (25% of total)...
Study smarter with the SolutionInn App