Which of the following would probably be classified as a financing activity? A. Taking out a bank

Question:

Which of the following would probably be classified as a financing activity?

A. Taking out a bank loan

B. Sale of food products by a supermarket

C. Payment of taxes owned to government

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting For Financial Instruments A Guide To Valuation And Risk Management

ISBN: 9781138237599

1st Edition

Authors: Emanuel Camilleri, Roxanne Camilleri

See More Books

Question Posted: Aug 25, 2023 08:32 AM

See More Questions

1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
Choose the best answer. 1. Within the government-wide financial statements, the column for Business type Activities will generally include a. Internal service funds only. b. Enterprise funds only. c....
Describe and sketch the surface. 16x + 16y -9z = 0
Bahamas Recreation Corporation (BRC). Both projects require an annual return of 14 percent. As a financial analyst for BRC, you are asked the following questions: a. If your decision rule is to...
Regression Analysis (Learning Objective 5) \ Refer to Daves Golden Brown Pancake Restaurant in E6-25. 1. Use Microsoft Excel to perform regression analysis on Daves monthly data. Based on the output,...
Ming Companys $100,000 income for the quarter ended September 30 included the following after-tax items: $20,000 of a $40,000 extraordinary loss, realized on August 15; the other $20,000 was...
Mullin Interiors, a successful retailer of high-quality furniture, is located in an affluent suburb where a large insurance company has just announced that it will lay off 4,000 employees. Because...
please assist what is the present value of a (n) 18 year annuity that pays $2000 annually given a discount rate of 13% the present value of annuity is $________. Round to the nearest cent.
In the table below indicate whether the item is an asset, liability, owners equity, revenue, or expense: Accounts payable Sales Cash Prepaid rent Consumption of electricity and water Accrued interest...
Which of the following would probably be classified as an operating activity? A. Buying common stock in a company B. Investing in new machinery for the production goods C. Providing a service in the...
Pete Riser is confused about how accounting information flows through the accounting system. He believes information flows in this order: (a) Debits and credits are posted to the ledger. (b)...
Problem 2.01 An ant is crawling along a straight wire, which we shall call the x axis, from A to B to C to D (which overlaps A), as shown in the figure below. O is the origin. Suppose you take...
In a separate C++ program, do the following: a) Create an unordered linked list by declaring a linked list of the unordered LinkedList type. You may assume that this list is to be comprised of...
TranscribedText: El. You are sitting at a table that has a solid round top {5.1"} kg] and a single solid cvlindrical leg {4. kg) [see figure, note that the tilt angle is exaggerated to he...
The municipal mill rate in the neighbourhood is 22.375 mills. There is an educational mill rate of 11.35 mills. The following list is the municipalities planned local improvement costs for the next...
Maggie Company had the following functional income statement for the month of May, 2020: MAGGIE COMPANY Functional Income Statement For the Month Ending May 31, 2020 Sales (30,000 units) $300,000...
A basketball player does 4.81 105 J of work during her time in the game, and evaporates 0.151 kg of water. Assuming a latent heat of 2.26 106 J/kg for the perspiration (the same as for water),...
What is the difference between the straight-line method of depreciation and the written down value method? Which method is more appropriate for reporting earnings?
Your client, HillTop, is a retailer of women's clothing. It has increased sales during the holiday season by advertising gift cards for in-store and online use. HillTop has found that gift card...
Your client, Ecru Limited, uses a small sales force to solicit sales of its whole sale restaurant supplies. Ecru is based in State W, and the sales representatives are assigned territories in States...
Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo for the tax research file, discussing the planning opportunities...
When credit terms for a sale are 2/15, n/40, the customer saves by paying early. What percent (rounded) would this savings amount to on an annual basis
An industrial robot that is depreciated by the MACRS method has B = $60,000 and a 5-year depreciable life. If the depreciation charge in year 3 is $8,640, the salvage value that was used in the...
What determines a firm's beta? Should firm management make changes to its beta? Be sure to consider the implications for the firm's investors using CAPM.

Which of the following would probably be classified as a financing activity? A. Taking out a bank

Question:

Step by Step Answer:

A A is correct Taking out a bank loan would be ...View the full answer

Accounting For Financial Instruments A Guide To Valuation And Risk Management

Students also viewed these Business questions