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AleksandrR [38]
3 years ago
10

True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.

Business
1 answer:
Evgesh-ka [11]3 years ago
5 0
That statement is  True
In general, using only one measurement in comparing alternative investments is a mistake.
But, if you're only could choose one measurement, <span>the amount of the dollar gain or loss would be the best because it allows you to determine the time needed before you break your investment event and started obtaining profit.</span>
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4 0
4 years ago
QS 9-9 Recording warranty repairs LO P4 On September 1, Home Store sells a mower (that costs $220) for $520 cash with a one-year
yKpoI14uk [10]

Answer and Explanation:

The journal entries are shown below:

On September 1

Cash $520

      Sales $520

(Being the sale is recorded)

On September 1

Cost of goods sold $220

    To  Merchandise inventory $220

(Being the cost is recorded)

On September 1

Warranty expense $41.6  ($520 × 8%)  

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(Being the warranty expense is recorded)

On July 24

Estimated warranty liability $36  

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(Being the estimated warranty liability is recorded)

6 0
3 years ago
In Marigold Company, land decreased $156000 because of a cash sale for $156000, the equipment account increased $58000 as a resu
Andrews [41]

Answer:

$ 98,000.00  

Explanation:

The net cash provided by investing activities is the  difference between cash provided by disposal of land which is $156,000 minus the cash paid to acquire equipment which was $58,000.

Net cash provided by investing activities=$156,000-$58,000=$ 98,000.00  

The cash received from bonds issuance of $113,000 is a cash inflow under financing activities not finance-activity related,hence it is not included in the computation above.

8 0
4 years ago
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