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Schach [20]
3 years ago
14

If a gain of $225,000 is incurred in selling (for cash) a building having a book value of $900,000, the total amount reported in

the cash flows from investing activities section of the statement of cash flows is
Business
1 answer:
Valentin [98]3 years ago
8 0

Answer:

$1,125,000

Explanation:

Given;

Gain from asset disposal = $225,000

Book value of asset disposed = $900,000

Therefore,

Amount of cash received from the sale = $900,000 + $225,000

                                                                  = $1,125,000

This represents an inflow of cash and will be represented by a positive value in the statement of cash flows. The total amount reported in the cash flows from investing activities section of the statement of cash flows is $1,125,000

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Red Co. can estimate the amount of loss that will occur if a foreign government expropriates some of the company's assets in tha
Anon25 [30]

Answer:

b. Disclosed and accued as a liability

Explanation:

Expropriation occurs when the government or an authority takes property from its owner to use it publicly.

8 0
3 years ago
A large stock dividend:
Sladkaya [172]

Answer:

Results in a transfer of retained earnings to common stock and additional paid-in capital.

Explanation:

A stock dividend can be defined as the dividend which is distributed to shareholders on the basis of their percentage of ownership. Stock dividend is paid in form of shares and not in form of cash.

A stock dividend can also be described as a dividend payment paid by a company to its existing stakeholders from the profit or earnings that has been derived from the company during a financial year period.

The main advantage of stock dividend is that taxes will not be paid on the stock dividends until the shares have been sold.

5 0
3 years ago
Dominic is going to invest in an account paying an interest rate of 4.6% compounded continuously. How much would Dominic need to
insens350 [35]

Answer: $66,740.82

Explanation:

Formula to find the accumulated amount if compounded continuously :

A=Pe^{rt}, where P= principal invest

t = time

r= rate of interest.

Given : A= $84,000 , r= 4.6% = 0.046 ,  t=5 years

84000=P e^{0.046\times5}\\\\\Rightarrow\ 84000=P (1.2586)\\\\\Rightarrow\ P=\dfrac{84000}{1.2586}\approx66740.82

Hence, the amount need to invest = $66,740.82

7 0
3 years ago
Read 2 more answers
Which of the following is NOT one of the responsibilities of the Federal Reserve?
kipiarov [429]

C is the answer for this question.

3 0
3 years ago
Social recognition, in which social media is used to recognize employee performance on a daily basis, has not yet been found to
uysha [10]

Answer:

The correct answer is letter "A": True.

Explanation:

<em>Social media</em> can be useful for different purposes but is <em>not the best platform through which executives should provide employee appraisal</em> because of its informal character. There are some other dynamic approaches such as 360-degree feedback in which not employers but also coworkers can rate employees' performance in their work frame, being this one of the most effective methods to boost their efficiency.

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3 years ago
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