FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The ABC Life Insurance Company receiced Rp12M in premium income and paid Rp10M in claim benefit payment in 2020. Also during 2020. this insurer: i.

image text in transcribed

The ABC Life Insurance Company receiced Rp12M in premium income and paid Rp10M in claim benefit payment in 2020. Also during 2020. this insurer: i. Purchased 1.8M of investments; ii. Sold $2.5 million of its investments; and iii.Paid $100,000 in cash dividends to its shareholders. What were ABC's net cash flows from: a. Operating activities in 2020: b. Investing activities in 2020; and c. Financing activities in 2020

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Lean Audit A Detailed User Guide For The Lean Factory Audit Online

The Lean Audit A Detailed User Guide For The Lean Factory Audit Online

Authors: Isaias Wallaker

1st Edition

B09R3HXJ11, 979-8408651320

More Books

Students also viewed these Accounting questions

Question

★★★★★
Suppose that the service life, in years, of a hearing aid battery is a random variable having a Weibull distribution with = 1/2 and = 2. (a) How long can such a battery be expected to last? (b)...

Answered: 1 week ago

Question

★★★★★
How does what Rorsted describes as the personal part of an employee relate to emotional intelligence? How about civility?

Answered: 1 week ago

Question

★★★★★
Demand for Quiggly Pops follows an up and down pattern over the four quarters of a year, with peaks in the spring and winter months when special promotions are held. Production is handled by a highly...

Answered: 1 week ago

Question

★★★★★
The ABC Life Insurance Company receiced Rp12M in premium income and paid Rp10M in claim benefit payment in 2020. Also during 2020. this insurer: i. Purchased 1.8M of investments; ii. Sold $2.5...

Answered: 1 week ago

Question

★★★★★
Suppose that the demand and supply functions for good x are given as follows: Of = 120 - 2P, + 1 + P, and Of = -30+ P, - 21+s -2f where P denotes the price of good x, P, denotes the price of a...

Answered: 1 week ago

Question

★★★★★
At the end of Year o Jarrett Corp. developed the following forecasts of net income: Forecasted Year Net Income Year 1 $20,856 Year 2 $22,733 Year 3 $24,552 Year 4 $27,252 Year 5 $29,978 Management...

Answered: 1 week ago

Question

★★★★★
write a Business Memo The cafeteria at the college is a private company and is raising the price of the food. As a cafeteria manager, you must tell all your employees in your organization, the...

Answered: 1 week ago

Question

★★★★★
What measure have been undertaken by hospitals to control the costs of pharmaceuticals given the freedom physicians have to prescribe with no accountability for costs? Thoroughly defend your answer.

Answered: 1 week ago

Question

★★★★★
Assume the beach along the coast of Alaska has a slope of 1/250 and that the swell has the mean direction of propagation of 27 degrees, what is the alongshore flow rate? Would the flow rate change...

Answered: 1 week ago

Question

★★★★★
Describe how the distribution strategy creates value for the target. Compare the distribution strategy to competitors

Answered: 1 week ago

Question

★★★★★
8. Why do some people in the United States prefer not to talk about history? What views of social reality and intercultural communication does this attitude encourage?

Answered: 1 week ago

Question

★★★★★
1. Cultural-Group History. This exercise can be done by individual students or in groups. Choose a cultural group in the United States that is unfamiliar to you. Study the history of this group, and...

Answered: 1 week ago

Question

★★★★★
e. What are notable achievements of the group?

Answered: 1 week ago

Previous Question Next Question