Answer:
a) cash flow from operating activities
net income $650,000
adjustments:
depreciation expense $96,000
accounts payable $38,000
accounts receivable -$22,800
inventory -$57,000
prepaid insurance -$8,400
net cash flow from operating activities $695,800
b) cash flow from investing activities
Sale of long term investments $57,500
Purchase of long term assets -$610,000
Long term assets exchanged for common stocks $113,000
net cash flow from investing activities -$439,500
$10500.
What is credit and debit?
Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.
<u>Debit</u>
An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.
<u>Credit</u>
A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.
Learn more about credit and debit with the help of given link:-
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Answer:
a. People are hard-wired to feel emotions about a situation before they reason it out.
Explanation:
Emotional hijacking occurs when our brain's emotional processor (amygdala) bypasses our normal reasoning process.
This occurrence in terms of an emergency is a self-defence mechanism when it is necessary to act in the face of perceived danger.
Emotional hijacking occurs when there is a compulsive need to complete and action. For example answering an email, answering the phone.
It is possible to control emotional hijacking through emtional intelligence.
