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Arlecino [84]
4 years ago
12

Riley Company paid $60,000 cash to purchase land from Smally Company. Smally originally paid $60,000 for the land. A) Was this e

ven an asset source, use, or exchange transaction for Riley Company? B) What about for Smally Company?C) Was the cash flow an operating, investing, or financing activity on Riley Company's 2018 statement of cash flows?D) What about for Smally Company?
Business
1 answer:
Veseljchak [2.6K]4 years ago
4 0

Answer:

A. Asset exchange transaction

B. Asset exchange transaction

C. Investing activity

D. Investing activity.

Explanation:

In the question, the Riley company paid cash to Smally company, and the Smally company paid the amount for the land.

So,  

A. For Riley company, it is an asset exchange transaction as the asset exchanges between Riley and Smally company.  

B.  For Smally company it is an asset exchange transaction as the asset are the exchange between Riley and Smally company.

C. Investing activity. As the Riley company deals in the purchase and the sale of the fixed assets.

D. Investing activity. As the company deals in the purchase and the sale of the fixed assets.

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Scilla [17]

Answer:

Explained below

Explanation:

KSAOs or knowledge, skills, abilities, and other characteristics, are the unique set of criteria required by a hiring agency or company for a particular job.

Henry, being the HR head at AAS Technologies looks for these features in a desirable candidates to find common sync between the job requirements and the capabilities of the candidate. It proves to be an effective method to filter out less desirable job seekers.

3 0
3 years ago
A contract clause that restricts competition for a specified period of time, within a certain geographic area, and for specified
Lynna [10]

Answer:

Non-compete clause

Explanation:

Non-compete clause is a clause under which one party (usually an employee) accepts not to go into or start a similar profession or trade in competition against another party (usually the employer). Some courts call these "restrictive covenants".

6 0
4 years ago
Read 2 more answers
Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4
devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

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Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0
3 years ago
If the government increases taxes in response to an inflation, the government is engaging in what economists call?
olchik [2.2K]

Answer:

fiscal policy

Explanation:

Fiscal policy is the policy which is used by the government the tax rate and government spending economy to analyse the economy of the nation

It is a technique through which a national bank impacts a country's cash supply.

The instances of fiscal policy are tax reductions and expanded government spending. Both of these strategies are proposed to build total interest while adding to shortages or drawing down of spending plan surpluses.

4 0
4 years ago
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Define treasury stock. Why do corporations acquire treasury stock?
Dmitriy789 [7]

Treasury stock, also known as treasury stock or repurchased stock, refers to shares issued prior to being repurchased by shareholders through the issuing company. As a result, the total number of shares outstanding on the open market is reduced.

Companies may use their shares to pay for investments in or acquisitions of competitors. These stocks may also be reissued to existing shareholders to reduce dilution from employee incentive compensation plans.

Stocks consist of shares in which the ownership of a company or business has been divided. One share represents a partial ownership interest in the company over the total number of shares.

Learn more about stock here:brainly.com/question/25818989

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