Answer:
Company ZYX cash flow from Operating Activities using the indirect method are given below.
<em>Cash flow from operating activities</em>
Net INCOME BEFORE TAXES $ 190,000
Adjustment For
Gain(Loss) on sale of Equipment $ 30,000
Other Income/(Expense) ($ 46,000)
Working capital changes 0
Net cash from operating activities $ 174,000
Answer: Special damages
Explanation: In simple words, special damages refers to the claim made by the injured person for the losses he or she suffered due to negligence of duty by the defendant.
In the given case, the train that is owned by the modern railways collided with a truck owned by craft co resulting in a loss of $100,000 of the former.
Hence if Craft co proves that the accident happened due to the negligence from the side of modern railways then they can claim special damages.
Answer:
b. <em> </em>Additional paid-in capital is decreased
Explanation:
The entry to record acquisition and retirement is:
Debit Credit
Common stock $1
Paid-in capital—excess of par $34
<em> Paid-in capital—share repurchase $5</em>
Cash $30
<em>Conclusion: </em>Additional paid-in capital is decreased.
Answer:
B) The money they saved in the past is worth less in the future
Explanation:
