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ziro4ka [17]
3 years ago
8

During the current year, a tornado completely destroyed a building belonging to Holland Corp. The building cost $100,000 and had

accumulated depreciation of $48,000 at the time of the loss. Holland received a cash settlement from the insurance company and reported a loss of $21,000. In Holland’s current-year cash flow statement, the net change reported in the cash flows from investing activities section should be a___________.
A. $21,000 decrease.
B. $52,000 decrease.
C. $10,000 increase.
D. $31,000 increase.
Business
1 answer:
MaRussiya [10]3 years ago
5 0

Answer:

The correct answer is

D. $31,000 increase.

good luck❤

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These are selected account balances on December 31, 2015. Land (location of the office building) $100,000 Land (held for future
lara31 [8.8K]

Answer:

$1,125,000

Explanation:

The total amount of property, plant, and equipment will appear under the Non-Current Assets section of the Balance Sheet. Thus prepare the Non Current Asset Section as follows :

Non Current Asset Section

Land                                                        $100,000

Land held for future use                        $150,000

Office Building                                       $700,000

Equipment                                             $450,000

Office Furniture                                      $150,000

Accumulated Depreciation                 ($425,000)

Total                                                      $1,125,000

7 0
3 years ago
Which of the following describes a positive organizational culture? ANSWER Unselected Expresses the core values that a majority
aliina [53]

Answer:

Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth.

Explanation:

The organization's culture means the behavior in an organization. It includes the benefits that are shared among people, the values that are created by the leaders and the same is being communciated via different methods

So as per the given situation, the positive organization structure represent the strength of the employees, rewards, growth of an individual

Therefore the above represent the answer

5 0
3 years ago
When resistance to change is based on insufficient, incorrect, or mis-leading information, managers should use ____ as an approa
taurus [48]

Answer:

C. Education and communication.

Explanation:

Since in the question it is mentioned that the resistance to change depend upon the non-sufficient, not correct or the information that misleads so here the managers should use the education & communication for managing the resistance as the given situation represent the education and communication scenario.

Therefore the same is to be considered

hence, the correct option is B.

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3 years ago
If the price of natural gas rises , when is the price elasticity of demand likely to be the highest?
AlexFokin [52]

If the price of natural gas rises, the price elasticity of demand is likely to be the highest one year after the price increase.

<h3>What is the price elasticity of demand?</h3>

A measure of a product's consumption shift in response to a price change is called price elasticity of demand. The quantity shift in percentage terms divided by the price change in percentage terms is used to determine the price elasticity of demand.

The price elasticity of demand would probably be at its peak if the price of natural gas increased. Elasticity will be strongest in the long run since consumers would start exploring alternatives as a result of ongoing price increases.

Learn more about the elasticity of demand, here:

brainly.com/question/20630691

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5 0
2 years ago
Describe the goal of a good financial manager according to you?
lesantik [10]

Answer:

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.

6 0
3 years ago
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