Answer and Explanation:
1. Gain on sale of land
It is come from
= Sale value - book value
= $240,000 - $200,000
= $40,000
Since there is a gain of $40,000 which is to be deducted from a net income under the cash flow from operations
2. Cash received from sale of land
The cash is received from sale of land reflects that the cash is come i.e inflow of cash and the same is to be reflected under the cash flow from investing activities in a positive amount i.e $240,000
3. Cash paid for purchase of land
The cash is paid for purchase of land reflects that the cash is gone i.e outflow of cash and the same is to be reflected under the cash flow from investing activities in a negative amount i.e -$400,000
Answer:
B. fixed cost per unit increases
Explanation:
As we know that
If the production volume increases, the fixed cost per unit is decreases as it reflect an inverse relationship between the fixed cost per unit and the production volume
Let us take an example
Fixed cost = $20,000
Production volume = 100,000
Decrease in production volume = 80,000
So, the fixed cost per unit in the first case is
= 20,000 ÷ $100,000
= $0.2
And, the fixed cost per unit in the second case is
= 20,000 ÷ $80,000
= $0.25
Therefore, the fixed cost per unit increases
Answer:
(C) In mice, macrophages play a role in the production of nitrates or inhibit a process by which nitrates are broken down or otherwise eliminated.
Answer:
may be liable for both the negligent and intentional acts.
Explanation:
In the case when an agent is within the scope of agent relationship that committed both type of acts i.e. negligent and intentional that results the injury to the third party so here the principal may be liable for both the act i.e. negligent and intentional as it is followed by the doctrine of respodeat superior
Therefore the second option is correct
Answer:
amount of current assets is $61400
Explanation:
given data
inventory = $17600
equipment = $128300
accounts payable = $24700
cash = $11900
accounts receivable = $31900
to find out
the amount of the current assets
solution
we know here that current assets have cash and inventory and account receivable and
account payable is current liability
and equipment is long term assets
so
we can say current assets will be
current assets = inventory + cash + account receivable ....................1
put here value
current assets = 17600 + 11900 + 31900
current assets = $61400
So, current assets = 11,900+17,600+31,900 = 61,400 (Answer)
