A company sold equipment for $5,000. The equipment originally cost $16,000 and had accumulated depreciation of $12,000. Which of the following statements is correct regarding the statement of cash flows prepared using the indirect method to report operating activities?
A. $5,000 will be added to net income
B. Investing activities will reflect proceeds of $4,000 from the sale.
C. $1,000 will be added to net income
D. $1,000 will be deducted from net income.
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 19:00, xcncxgnfxg6487
Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.
Answers: 2
Business, 22.06.2019 19:10, jaylene125
Robin hood has hired you as his new strategic consultant to him successfully transform his social change enterprise. robin has told you that he counting on your strategic management knowledge to him and his merrymen achieve their goals. discuss in detail what you think should be robin’s two primary strategic goals and continue by also explaining your analytical reasons that support your recommendations.
Answers: 3
Do you know the correct answer?
A company sold equipment for $5,000. The equipment originally cost $16,000 and had accumulated depre...
Questions in other subjects:
English, 27.01.2021 05:40
Mathematics, 27.01.2021 05:40
Mathematics, 27.01.2021 05:40
History, 27.01.2021 05:40
