Answer:
-$264,000
Explanation:
The net cash flows from investing activities for the year is presented below
Cash flow from investing activities
Purchase of equipment -$260,000
Proceeds from the sale of equipment $87,000
Purchase of land -$91,000
Net cash flow used by investing activities -$264,000
The purchase is a cash outflow so it would be shown in a minus sign whereas sales is a cash inflow so it would be added
True. Fixed cost per unit is inversely proportional to the volume of units produced.
Fixed costs per unit are inversely proportional to the volume produced because depending on the amount of units made, the amount spent on fixed costs is then based. Because they are related to one another, this statement is true.
True.
I hope this helps! :)
Thirdly, storage of services is not possible, as services are consumed when offered to a customer.
Answer: Option 3.
<u>Explanation:</u>
Perishable is a feature where a good or service can not be stored for long. They might get hampered and do not remain like their original self if they are stored.
Services have a perishable nature in the sense that they can not be stored like some of the goods which can be stored. The services are to be consumed then and there at the moment when they are offered to the customers. They can not be kept reserved.
