The following T-account is a summary of the Cash account of Sheridan Company. Cash (Summary Form) Balance, Jan. 1 8,300 Receipts from customers 369,100 Payments for goods 281,400 Dividends on stock investments 6,900 Payments for operating expenses 139,600 Proceeds from sale of equipment 35,200 Interest paid 11,600 Proceeds from issuance of Taxes paid 7,800 bonds payable 500,100 Dividends paid 59,200 Balance, Dec. 31 420,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?

From what part of income should someone take savings?

Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas? a. railroadsb. airfreightc. truckingd. pipelinese. waterways

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business. true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.