1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masteriza [31]
10 months ago
14

g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be

reported as a source of cash under cash flows from investing activities is:
Business
1 answer:
krek1111 [17]10 months ago
5 0

In a condition wherein a machine costing $148,000 and accumulates depreciation of $103,000 is sold for $59,000 cash, then the amount that should be reported as a source of cash under the cash flows from investing activities will be $59,000. Therefore, the option C holds true.

Cash flows from investing activities include the amount(s) spent by an organization over investing in different classes of assets with a view to pursue monetary returns. They include the amounts that are received or sent as cash at the time of purchase or sales of an asset of an organization.

Learn more about cash flows here:

brainly.com/question/15021405

#SPJ4

Complete question

g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:

a. Zero.

b. This is a financing activity.

c. $59,000.

d. $14,000.

e. This is an operating activity.

f. $45,000.

You might be interested in
On August 31, 2018, the general ledger of The Dean Acting Academy shows a balance for cash of $7,904. Cash receipts yet to be de
12345 [234]

Answer:

Não Sei muito Bem mas sei que ganho muito dinheiro com meu site:  https://fazerdinheiroonline.net.br/ganhar-dinheiro-na-internet/

Explanation:

Aprenda Como ganhar Dinheiro na Internet aqui mesmo

8 0
2 years ago
Question #1
Allisa [31]

Answer:

Oligopoly.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

1. Mutual interdependence between the firms.

2. Market control by many small firms.

3. Difficult entry to new firms.

According to the concentration ratio, when a small number of companies control more than 40 percent of a market, it is called an oligopoly.

5 0
3 years ago
In the triple bottom line​ era, businesses emphasize the need to maximize which three components as​ "bottom lines"
evablogger [386]
<span>The triple bottom line(tbl) was introduced back in the 20th century, and the TBL era refers to the early 21st century. The TBL is used to measure a company's degree of social responsibility, economic value, and environmental impact, which are the three things considered most important to a company.</span>
6 0
3 years ago
Trapp Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its
Leokris [45]

Answer: cost of units transferred out during the month=A. $45,000

Explanation:

Material costs =Number of units completed and transferred out x Cost per equivalent unit for material

= 9000 units x $2.00  = $18,000

Conversion cost = Number of units completed and transferred out x Cost per equivalent unit for conversion costs

= 9000 units x $3.00 = $27,000

   

Costs  of u nits transferred out during the month = Conversion costs +Material costs

= $18,000 + $27,000

$45,000

5 0
3 years ago
Deitz Corporation is projecting a cash balance of $30,600 in its December 31, 2019, balance sheet. Deitz’s schedule of expected
BabaBlast [244]

Answer:

<u>Cash Budget for the First Quarter.</u>

Total Receipts :

Collections From Customers                          $188,700

Sale of Equipment                                              $3,060

                                                                          $191,760

Total Payments :

Direct materials                                                $43,860

Direct labor                                                        $71,400

Manufacturing overhead                                 $35,700

Selling and administrative expenses             $45,900

Purchase of securities                                      $14,280

                                                                        $210,840

Net Receipts / (Payments)                              ($19,080)

Opening Balance                                            $30,600

Closing Balance                                                $11,520

Required Balance                                            $25,500

Loan (Shortfall)                                                  $14,250

Explanation:

A cash budget shows a future estimate of future cash incomes and cash expenditures.

4 0
3 years ago
Other questions:
  • Job analysis information should not be collected through:_______.
    11·1 answer
  • A general partner is responsible for any debts of the partnership, regardless of whether he or she was directly involved in the
    5·1 answer
  • Jiffy Cake Mix Company developed a new brownie mix that is much improved over its current brownie mix. When a sales representati
    7·1 answer
  • Waterway Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethan
    12·1 answer
  • Hidden Valley Communications, Inc., located in a remote area of Utah, made a special device that was used in LTE phones. After t
    9·1 answer
  • Which of the following statements about taxes is FALSE?
    10·1 answer
  • Madsen Motors's bonds have 18 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon i
    7·1 answer
  • The measurement of earnings concept that consists of a company’s profit from operations after taxed are subtracted is ________.
    12·1 answer
  • Sales on account for the first two months of the current year are budgeted as follows:
    10·1 answer
  • Micro environment essay​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!