-$264,000
Explanation:
Below is a summary of the net cash flows from investing operations for the year.
flow of money from investments
Equipment purchase: $260,000
$87,000 was earned from the sale of equipment.
Land purchase: $91,000
-$264,000 in net cash flow was utilised for investing activities.
Sales are a cash inflow, so they would be added, whereas the purchase is a cash outflow, so it would be reflected as a minus sign.
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Answer:
Option C Not recoverability test but fair value test
Explanation:
The reason is that the standard on impairment IAS 36 Impairment of Assets says that the assets with indefinite life must tested for impairment every accounting year end. The test only includes whether the fair value of the asset has been decreased or not. This test is helpful by asking questions that asks about the decrease in the life of the asset due to a new legislation, the performance of the asset is fallen (oil is less extracted now than before because the oil is not reachable), etc. The standard does not permits to use Recoverability test as it will come later once the company is sure that the asset fair value has been decreased.
Answer:
Daniel’s team had to decide the vendor on the following attributes that should be analyzed:
- Innovation :- Credit Issue Group is a money related assistance organization and henceforth the seller needs to have a decent mechanical base to furnish with organization with required administrations on schedule and best in quality.
- Exclusivity: Considering the significance of the administrations, organization may take a gander at the restrictiveness of the administrations that merchant can offer to Credit Issue.
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Complimentary Services offering:- To look if seller has some other contributions to make to the customer that might be complimentary with the fundamental administrations advertised. This can save money on schedule and authoritative work.
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Support:- What support would vendor be able to offer to the organization alongside giving the essential administrations.
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Contingency:- in case of seller's framework disappointment, what back up merchant needs to proceed with uninterrupted administrations.
The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.
<h3>What would cause GDP growth to slow?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.
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Answer:
No formal education required
Explanation:
In many countries, the roofer works with a license. But to be a roofer, you don't need any formal education.
The training is done on the spot, the beginner is learning from other experienced roofers. To qualify for the job of a roofer, a person has to be at least 18 years old, to have a high school diploma and be physically able.
