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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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Carolyn McGee wants to get into fashion merchandising. Because of the risks involved in high fashion, and how quickly fashions g
leva [86]

Answer:

c) merchant wholesaler

Explanation:

A  merchant wholesaler is a business unit that buys merchandise in bulk from manufacturers and resells to retailers in smaller quantities. The wholesale business has profit motives. It forms a link between manufacturers and retailers.

Unlike agents and brokers, merchant wholesalers take ownership of the goods they buy.  Carolyne should avoid becoming a merchant wholesaler. As a wholesaler, she will own all the merchandise she purchases. She can choose to be either an agent or broker as these do not take title to the merchandise.  

7 0
4 years ago
Trendy Appliances has introduced a new product, Minute Yogurt, into the yogurt maker appliance market. Minute Yogurt differs fro
forsale [732]

Answer: Informative Advertising

Explanation:

Informative Advertising is a form of advertising where a company gives some details about the benefits of using a product and somethings they do differently from their competitors in the market.

Minute Yoghurt needs to inform their market of the special steps of blending and cleaning they applying when producing their product.

7 0
4 years ago
Name the non-partisan organization that has set the rules for U.S. presidential and
Oksi-84 [34.3K]

Answer:

The non-partisan organization that has set the rules for U.S. presidential and  vice presidential debates since 1987 is discussed below in details.

Explanation:

A non-partisan system is an arrangement of administration or organizations such that general and intermittent elections take place without relating to political parties. there are two types of Non-partisan organizations: De facto and De jure.

The commission of presidential debates was organized in the year 1987 to assure that the debates, as a constant part of every general election. The commission of presidential debate advocate and present debates for the United States presidential and vice-presidential candidate.

6 0
3 years ago
Jefferson Inc. (JI) is a relatively new company that wants to improve its employee rewards, compensation, and benefits. The comp
Lerok [7]

Answer:

The correct answer is comparable worth.

Explanation:

Comparable worth is a legal concept that applies to workplaces. In essence, this concept argues that all jobs or positions that are considered by the employer of similar value must be compensated in the same way, regardless of the gender of the employee. In some places, this concept of equal pay for work of equal value is also about inequality in remuneration based on race or sexual orientation. At its heart, comparable value focuses on ensuring that people who are contributing to acceptable levels for a business or other organization are compensated equally and without any prejudice or discrimination.

6 0
3 years ago
A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the fir
Shtirlitz [24]

Answer:

The answer is -$4,940

Explanation:

Net income = Profit before interest and tax minus interest minus taxes

We rewrite the formula to get interest:

Interest = Profit before interest and tax minus taxes minus net income

= $27,130 - $5,450 - $16,220

=$5,460

Cash flow to creditor equals:

Amount repaid to suppliers minus new amount borrowed plus interest

$31,600 - $42,000 + $5,460

-$4,940

7 0
3 years ago
Read 2 more answers
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