{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:11:10-04:00", "answer_date": "2024-06-29 02:11:10", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4446130", "url": "\/study-help\/questions\/our-competitive-analysis-shows-that-digby-invested-in-new-production-4446130", "question_creation_date_js": "2024-06-29T02:11:10-04:00", "question_creation_date": "Jun 29, 2024 02:11 AM", "meta_title": "[Solved] Our competitive analysis shows that Digby | SolutionInn", "meta_description": "Answer of - Our competitive analysis shows that Digby invested in new production facilities. including plant and equipment last ye | SolutionInn", "meta_keywords": "competitive,analysis,shows,digby,invested,new,production,facilities,plant,equipment,year,appears", "question_title_h1": "Our competitive analysis shows that Digby invested in new production facilities. including plant and equipment last year. It appears that this investment was funded two", "question_title": "Our competitive analysis shows that Digby invested in new production facilities. including", "question_title_for_js_snippet": "Our competitive analysis shows that Digby invested in new production facilities including plant and equipment last year It appears that this investment was funded two ways The rst was with bonds that had a face value of $4,456 53 at 13 39 interest The second was using equityr that amounted to $31 2 000 Assuming a straight line depreciation of 15 years I would like to uerinr which of the effects shown below directly,r resulted from this transaction I'm condent two are correct but I'll let you sort out which ones those are Sincerely Samantha Samantha Jorgenson Board Member Accounting a Finance Andrews Corporation Choose all responses that apply On the Balance sheet Plant and Equipment increased by $26,820,000 Buying the plant had no net effect on the Cash account Cash went up when the Bond was issued by $4,456 53 Cash went up by $26,320 000 when the plant was purchased On the Balance sheet Retained Earnings decreased by $31 277,000 Cash was drawn from retained earnings to cover the $31 277,000 difference between the plant purchase and bond issue", "question_description": "
\"image<\/div><\/div><\/div><\/figure> Our competitive analysis shows that Digby invested in new production facilities. including plant and equipment last year. It appears that this investment was funded two ways. The rst was with bonds that had a face value of $4,456.53? at 13.39% interest. The second was using equityr that amounted to $31.2?? 000. Assuming a straight line depreciation of 15 years. I would like to uerinr which of the effects shown below directly,r resulted from this transaction? I'm condent two are correct but I'll let you sort out which ones those are. Sincerely. Samantha Samantha Jorgenson Board Member. Accounting a Finance | Andrews Corporation Choose all responses that apply. [ ] On the Balance sheet. Plant and Equipment increased by $26,820,000 [ ] Buying the plant had no net effect on the Cash account. [ ] Cash went up when the Bond was issued by $4,456.53? [ ] Cash went up by $26,320.000 when the plant was purchased. [ ] On the Balance sheet. Retained Earnings decreased by $31.277,000. [ ] Cash was drawn from retained earnings to cover the $31.277,000 difference between the plant purchase and bond issue", "transcribed_text": "", "related_book": { "title": "Principles Of Finance", "isbn": "979-8439388899", "edition": "1st Edition", "authors": "Julie Dahlquist, Rainford Knight", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6290aa2348f9a_11251.jpg", "uri": "\/textbooks\/principles-of-finance-1st-edition-9798439388899", "see_more_uri": "" }, "free_related_book": { "isbn": "1637422040", "uri": "\/textbooks\/organizational-velocity-1st-edition-9781637422045-9781637422052", "name": "Organizational Velocity", "edition": "1st Edition" }, "question_posted": "2024-06-29 02:11:10", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/aberration-of-light-is-the-apparent-displacement-of-stars", "description": "Aberration of light is the apparent displacement of stars attributable to the effect of the orbital motion of the Earth. 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