A formula helps you understand the problem better!!!
Answer:
Large most likely reports net cash outflows from investing activities of $9 million.
Explanation:
Large Corporation
Statement of cash flows (extract)
$ in millions
Purchase of patent ($14)
Proceeds from sale of land and buildings 24
Cash paid to acquire office equipment (19)
Net cash flows from investing activities ($9)
Note that the purchase of treasury stock belongs to financing activities section of the cash flows, while gain from sale of land and buildings and investment revenue belong to operating activities section of the cash flows
The journal entry to record the given sale of $200 on credit would include a debit to the bill receivables account.
<h3>What is a journal entry?</h3>
A systematic and chronological record of financial transactions that take place in a business organization during a given period is known as a journal entry.
Hence, the significance of journal entry is given.
Learn more about a journal entry here:
brainly.com/question/20421012
#SPJ1
<span>Informative advertising educates audiences about a product, service or brand, which increases their awareness. This type of marketing helps companies reach new target demographic markets by appealing to their interest, creating memorable impressions and calling on potential customers them to take action to either learn more or make a purchase.</span>
Opportunity costs are the measures of things you must give up when you make a certain decision.
In this case, if country A decides to produce all petroleum, they are choosing not to produce 8 units of seafood. This is their opportunity costs because they are giving up the 8 units of seafood to make petroleum.
The same is true for country B. If they choose petroleum, they are giving up the ability to make 8 units of seafood.
