1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AlekseyPX
3 years ago
14

Selected information from Arbon Corporation's accounting records and financial statements for 2021 is as follows ($ in millions)

: Cash paid to acquire machinery $ 36 Reacquired Arbon common stock 50 Proceeds from sale of land 90 Gain from the sale of land 52 Investment revenue received 66 Cash paid to acquire office equipment 80 In its statement of cash flows, Arbon should report net cash outflows from investing activities of:
Business
1 answer:
77julia77 [94]3 years ago
7 0

Answer:

Arbon should report net cash outflows from investing activities of: ($26)

Explanation:

Arbon Corporation

Statement of cash flows (extract)

Purchase of machinery                                  ($36)

Proceeds from sale of land                               90

Cash paid to acquire office equipment          (80)

Net cash outflows from investing activities  ($26)

Therefore, Arbon should report net cash outflows from investing activities of ($26).

Note that reacquired stock affects the financing section of the cash flows, while gain on sale of land and investment revenue received affect the operating section of the cash flows.

You might be interested in
In today’s world, the possibility of attack by outside agencies has ___________ dramatically.
Dvinal [7]

In today’s world, the possibility of attack by outside agencies has <u>increased</u> dramatically.

Agency business is a business enterprise that provides a specialized provider day-to-day their clients day. Regularly, corporations act on behalf of any other company, institution, or man or woman every day to manipulate a section of their commercial enterprise.

Purpose of agencies: daily make certain all men and women have an equal opportunity every day be informed of and day-to-day compete for employment opportunities, and pair of every day make sure that each employee has an identical possibility daily compete for promotional opportunities.

An organization, in huge phrases, is any courting among parties in which one, the agent, represents the other, the fundamental, in day-to-day transactions. The fundamental or principals have employed the agent every day to carry out a carrier on their behalf. Principals delegate selection-making authority to the everyday sellers.

Learn more about Agency here brainly.com/question/20393153

#SPJ4

5 0
2 years ago
Suppose the government purposely changes the economy's cyclically adjusted budget from a deficit of 0 percent of real GDP to a d
ExtremeBDS [4]

Answer:

(b) Contractionary fiscal policy.

Explanation:

Correct word for the given statement is  contractionary fiscal policy.

Contractionary fiscal policy is a type of monetary approach that includes expanding charges, diminishing government uses or both so as to battle inflationary weights.  

Because of an expansion in charges, family units have less transfer salary to spend. Lower transfer pay diminishes utilization.

7 0
3 years ago
Cate is the daughter of a Senator and the former CEO of a Fortune 500 company. Harry grew up on a farm, tilling the land for a l
Jobisdone [24]

Answer:

They will have an Exogamous marriage.

<u>Explanation </u>

Exogamous marriage or exogamy is the custom of marrying outside a predetermined group of individuals to which an individual has a place. Additionally, blood family members, union with individuals from a particular totem, clan(s), or other groups might be prohibited. Something contrary to exogamy is endogamy. Exogamy was acquainted with averting marriage between blood relations, particularly among siblings and sisters, which had been standard in a past condition of indiscrimination.

4 0
4 years ago
Deflation occurs when A. there is a sustained increase in the price level. B. there is a decrease in the expected rate of inflat
Katen [24]

Answer:

D) there is a decline in the price level.

Explanation:

Inflation refers to an increase in the general price level of a country, while deflation is exactly the opposite. Deflation represents a decrease in the general price level of a country. They are both calculated the same way, only that inflation is much more "famous" and notorious since it happens very oftenly, while deflation is very rare.

But that doesn't mean that deflation is good, since it generally represents an economic decline or recession. A low inflation rate is a sign of a healthy economy because it shows that the economy is growing.

6 0
3 years ago
Read 2 more answers
Revenue is reported on the income statement in the period earned. The accounting concept supporting this reporting is
Dvinal [7]
The right answer for the question that is being asked and shown above is that: "c. the revenue recognition principle. " Revenue is reported on the income statement in the period earned. The accounting concept supporting this reporting is <span>the revenue recognition principle. </span>
4 0
4 years ago
Other questions:
  • A car dealer who sells only late-model luxury cars recently hired a new salesman and believes that this salesman is selling at l
    9·1 answer
  • e. Which country has a comparative advantage in producing cars? f. Which country has a comparative advantage in producing grain?
    11·1 answer
  • You have the following data for Year 0 and Year 1:
    7·1 answer
  • A shipment of frozen fish arrives at your food establishment. you see that the outside bottoms of the shipping cartons have too
    5·2 answers
  • Although income is earned continuously, companies measure income for a specific period of time. Accountants refer to this practi
    5·1 answer
  • When the government sets an effective price floor suppliers are helped and consumers are helped. suppliers are hurt and consumer
    8·1 answer
  • Lauren Smith was relaxing after work with a colleague at a local bar. After a few drinks, she began expressing her feelings abou
    13·2 answers
  • Carlos wrote a check for $44.92 to pay his gas bill. He’ll use the check register to record his transaction. What will be his ne
    9·1 answer
  • What is the budget line for consumption (C) and leisure (L) if a person faces a constant wage of $10 per hour, there are 112 hou
    13·1 answer
  • when the auditor has decided not to rely on the entity's controls and instead use procedures as the main source of evidence abou
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!