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vagabundo [1.1K]
2 years ago
6

Kim’s flowers decided to borrow $26,000 from the bank and use the proceeds to purchase a new delivery vehicle. How should they c

ategorize these business activities?.
Business
1 answer:
Neko [114]2 years ago
8 0

Based on the fact that Kim's flowers borrowed the money and used it to buy a new delivery vehicle, this business activity should be categorized as both a financing activity and an investing activity.

<h3>What should they classify this business activity as?</h3>

Because Kim's Flowers got the money as a loan, it would be recorded as an inflow for financial activities.

They then used it to purchase a delivery vehicle which is an investment and a capital asset so this will count as an investment activity.

Find out more on classifying business activities at brainly.com/question/14790406

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What do you think is meant by the phrase "both alien and non-alien"?
serious [3.7K]
I believe it meant both alien immigrants and non-alien immigrants? Is this the correct context, immigration? Or, does it mean extra-terrestrial life? I would need to see context to know for sure, but I believe it is referencing immigration. 
4 0
3 years ago
A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $23,649 repres
Alexus [3.1K]

Answer:

a. $(3,881)

Explanation:

Gain on sale of fixed assets is an income. To be included in the operating section of the cash flow statement, we need to deduct the gain. The disposal of the fixed assets will go to the investing section. As the gain of the sale of assets is already added to the net income in the income statement, it will be deducted to make the accounting procedure transparent. Therefore, <em>option A</em> is correct.

6 0
3 years ago
According to ________, law is strictly subordinate to prevailing economic conditions, such fundamental propositions as private o
kozerog [31]

According to Marxist-socialist tenets, law is strictly subordinate to prevailing economic conditions, such fundamental propositions as private ownership, contracts.

Marxists contend that compared to a capitalist society, a socialist one is far better for the majority of people. "The socialization of production is bound to result in the conversion of the means of production into the property of society," wrote Vladimir Lenin before the Russian Revolution.

The core tenets of the Marxist worldview hold that social class is the most significant category of people and that the economic circumstances of a society form its foundation. Another tenet states that community ownership of the means of production will replace private property as the primary institution of capitalism.

Learn more about Marxist-socialist tenets here

brainly.com/question/14454961

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7 0
2 years ago
1. Write down D &amp; S equations for wireless phones; include
N76 [4]

The D - equations for wireless phones: P = D (P,eA,eB)

  • The S-  equation for wireless phones: Q = S (P,eA,eB)
  • The Exogenous variable A =  Price
  • The Exogenous variable B =  Population growth rate

<h3>What is the equation about?</h3>

The demand and supply relationship is one that differs in a lot of ways and often shown using a graph.  Note that the upward slope of the curve on a graph shows the law of demand and the demand for wireless phones is one that can be affected by the amount of new mobile phone subscribers, the average cost of buying the wireless phone, and others.

Hence, The D - equations for wireless phones: P = D (P,eA,eB)

  • The S-  equation for wireless phones: Q = S (P,eA,eB)
  • The Exogenous variable A =  Price
  • The Exogenous variable B =  Population growth rate

Learn more about Demand from

brainly.com/question/1245771

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4 0
2 years ago
19. Because IMs are personalized, you may want to use them in ways that reflect your own personality rather than the norms of bu
julsineya [31]

Answer and Explanation:

This is not true. Since, instant messages require prompt communication many people think that it could be used causally. Which is false. In a business organization it is vital that you follow the standard operating procedure as well as follow the formal way of communication. Especially when it comes to communication through email.

5 0
3 years ago
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