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3 years ago

Illinois Woodworking Company is preparing its statement of cash flows using the indirect

Business

2 answers:

loris [4]3 years ago

5 0

Answer:

A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.

Explanation:

The neet book value of the equipment sold, is a non-cash item, so all the money reveiced from the sale is reflecting on as a positive cash flow in the financing activities section.

kirill [66]3 years ago

4 0

Answer:

A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.

Explanation:

The Statement of Cash Flow represents cash receipts and their sources.

A typical CashFlow statement is divided into 3 segments:

Operating Activities
Investing Activities
Financing Activities

Sale & Purchase of Fixed Assets are considered as Investing Activities. Therefore the total cash receipts from such is shown as a positive entry in the statement.

However under the Operating activity, the profit on disposal is adjusted from the Operating Profit when adjusting for items not involving flow of cash. This is if the Cashflow statement is prepared using the indirect method.

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A year ago, the Really Big Growth Fund was being quoted at an NAV of $22.28 and an offer price of $23.45. Today, it's being

Crank

Answer:

9.85%

Explanation:

Data provided in the question:

Initial Offer price = $23.45

Current NAV = $22.28

Dividends and capital gains distributions over the year = $1.09 per share

Now,

Holding period return

= [Current NAV + Dividends and capital gains distributions - Initial Offer price ] ÷ Initial Offer price

= [ $24.67 + $1.09 - $23.45 ] ÷ $23.45

= $2.31 ÷ $23.45

= 0.0985

= 0.0985 × 100%

= 9.85%

4 0

3 years ago

Gavin's position at Pharma-Tech involves purchasing complex manufacturing components, making decisions based on technical data,

Diano4ka-milaya [45]

Answer:

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Explanation:

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3 years ago

Which of the following are normally recorded on a registration card?

elena55 [62]

DONT OPEN THAT LINK ITS A HACKER IT CAN HAVK YOUR PHONE

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2 years ago

In corporations, it is easy to transfer ownership by selling stock.<br> Select one: true or false

Serhud [2]

Answer:

the question is false

Explanation:

you can't sell stock for ownership

8 0

2 years ago

when firms manage the return of goods from consumers either because they are defective or for recycling purposes, they are invol

Vladimir [108]

Reverse logistics is the process by which businesses handle the return of consumer items for recycling or because they are defective.

Supply chain management that sends goods back from buyers to sellers or producers is known as reverse logistics. Reverse logistics are needed for procedures like returns or recycling after a customer receives a product. Reverse logistics begin at the customer and work their way backward through the supply chain to the producer or the distributor. Reverse logistics can also refer to procedures where the customer is in charge of the product's final disposal, such as recycling, refurbishing, or resale.

To learn more about Reverse Logistics here

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1 year ago