Business, 16.12.2019 19:31, angelicadattoli
Acompany bought .. a company bought $650,000 of equipment with an expected life of 18 years and no residual value. after 14 years the company sold the equipment for $108,500. if the company uses straight-line depreciation and the indirect method is used to determine cash flows from operating activities, which of the following reflects how the sale of the equipment would be reported in the statement of cash flows? (do not round intermediate calculations. round your answer to nearest whole number.)
a. $108,500 is recorded as a cash inflow from investing activities and $35,944 is subtracted to convert net income to net cash flow provided by operating activities.
b. $108,500 is recorded as a cash inflow from investing activities and no other sections of the statement are affected.
c. $108,500 is recorded as a cash inflow from operating activities.
d. $108,500 is recorded as a cash inflow from, investing activities and $35,944 is added to convert net income affected to net cash flow provided by operating activities
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 05:10, russboys3
The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?
Answers: 1
Business, 22.06.2019 09:00, episodegirl903
You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer
Answers: 3
Business, 22.06.2019 10:30, abigail251
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
Do you know the correct answer?
Acompany bought .. a company bought $650,000 of equipment with an expected life of 18 years and no r...
Questions in other subjects:
Health, 13.03.2022 07:00
History, 13.03.2022 07:00
Mathematics, 13.03.2022 07:00
Business, 13.03.2022 07:10
