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Schach [20]
2 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]2 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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Answer:

C.  breakbulk cargo

Explanation:

Based on the information provided within the question it can be said that this type of cargo is called breakbulk cargo. Like mentioned in the question, this type simply refers to general cargo that does not fit into traditional shipping containers or cargo bins, or exceeds the weight maximum for containers and must be shipped separately. Such cargo can include oversized vehicles, boats, cranes, turbine blades, ship propellers, generators, or even large engines.

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2 years ago
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Developing an action plan that identifies ways to achieve your financial goals.

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2 years ago
Assume Aircastle reported $20 million in goodwill on its acquisition of Broadvision. Assume the fair value of the earnout in agr
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Answer:

Journal Entry

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4 0
2 years ago
Which of the following should be done once the fire has been controlled?
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Disconnect the battery is your answer .-.

4 0
3 years ago
On January 1, 2015, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a sal
anzhelika [568]

Answer:

1    

Dr Fixed asset equipment_________$10000    

Cr Cash_______________________________$10000    

purchased equipment    

   

2    

Dr Depreciation expense____________$1800    

Cr  Acummulate Depreciation_______________$1800    

Anual depreciation    

Explanation:

1    

Dr Fixed asset equipment_________$10000    

Cr Cash_______________________________$10000    

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2    

Dr Depreciation expense____________$1800    

Cr  Acummulate Depreciation_______________$1800    

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5 0
3 years ago
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