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Tom [10]
3 years ago
14

Marten Company's records indicate that, during the current year, land costing $50,000 was sold. A gain of $45,000 was recognized

on the sale. Cash inflows associated with this sale were
Business
1 answer:
user100 [1]3 years ago
3 0

Answer:

Total cash inflows = $95,000

Explanation:

Given:

Cost of land for the year = $50,000

Total gain on sold of land = $45,000

Total cash inflows =?

Computation of Total cash inflows ;

Total cash inflows = Cost of land for the year + Total gain on sold of land

Total cash inflows = $50,000 + $45,000

Total cash inflows = $95,000

Therefore, total cash inflows during the year is $95,000

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7 0
2 years ago
At the price of $5 per pack of batteries, Duracell sells 10,000 packs of batteries and Energizer sells 15,000 packs of batteries
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3 years ago
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