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OlgaM077 [116]
4 years ago
12

Cine Creation sold plant assets at a $ 16 comma 000 loss. Where on the statement of cash flows should Cine Creation report the s

ale of plant​ assets? How much should the business report for the​ sale?
Business
1 answer:
Vanyuwa [196]4 years ago
8 0

Answer:

1. On the statement of cash flow record the sale of the asset under the investment section.

2. -$16,000

Explanation:

In Cash flow Statements every asset purchases and sales are viewed as investments, so you record asset sales in the investment section of the cash flow.

Therefore the exact value of the sales is recorded.

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Despite the heavy reliance on e-mail, in certain situations calling may be the most efficient channel of communication, whether
Tju [1.3M]

Answer:

Option c and e                            

Explanation:

In simple words, Proper telephone etiquette becomes vital to business success as it is typically a consumer's initial point of contact so that reflects how your management  will handle them in those other communications. Ensure sure any consumer that calls your company gets a perfect, lasting experience.

Thus, one should talk to the client politely and be professional during the talks as it makes a positive impact of personality on the client.  

4 0
3 years ago
Brianna, a salesperson for Cosmetics Corporation, learns that Cosmetics will increase the dividend it pays to shareholders. Bria
olya-2409 [2.1K]

Answer:

traded on information that was not available to the public.

Explanation:

Brianna, a salesperson for Cosmetics Corporation, learns that Cosmetics will increase the dividend it pays to shareholders. Brianna buys 10,000 shares of Cosmetics stock. When the price increases, Brianna sells the shares for a profit. If Brianna is liable for insider trading, it is because she traded on information that was not available to the public.

3 0
3 years ago
Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi
vaieri [72.5K]

Answer:

1. Margin = 0.32 or 32%

2. Turnover = $19,000,000  or Operating Asset Turnover = 0.52 or 52%

3. Return on Investment = 0.17 or 17%

Explanation:

Firstly, list out the parameters we were given:

Sales = $19,000,000, Net Operating Income = $6,100,000,

Average Operating Assets = $36,500,000

1. Operating Margin = Net Operating Income / Sales

Operating Margin = 6,100,000 ÷ 19,000,000 = 0.32

Operating Margin = <u>0.32</u> (to 2 decimal places)

Operating Margin = <u>32%</u>

<u />

2. Turnover refers to sales or revenue made during a particular period. In which case turnover is <u>$19,000,000</u>

However, if the turnover referred to is the Operating Asset Turnover, that is calculated below:

Operating Asset Turnover = Sales / Average Operating Assets

Operating Asset Turnover = 19,000,000 ÷ 36,500,000

Operating Asset Turnover = <u>0.52</u> (to 2 decimal places)

Operating Asset Turnover = <u>52%</u>

<u />

3. Return on Investment (ROI) = Net Operating Income / Average Operating Assets

Return on Investment (ROI) = 6,100,000 ÷ 36,500,000

Return on Investment (ROI) = <u>0.17</u> (to 2 decimal places)

Return on Investment (ROI) = <u>17%</u>

8 0
3 years ago
Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select "No Journal Entry
AysviL [449]

Answer:

The journal entries are shown below:

Explanation:

According to the scenario, the journal entries for the given data are as follows:

(1). Jun.30   Bad Debt expense A/c Dr $12,800

                   To Allowance for Doubtful A/c $12,800

                    (Being the bad debt expense is recorded)

(2). July       Allowance for Doubtful A/c Dr $6,400

                   To Accounts Receivable A/c $6,400

                    (Being the customer balance written off is recorded)

7 0
3 years ago
What minimum amount of body weight loss (lbs) is shown to improve physical capabilities and quality of life?
Paraphin [41]
<span>This is not a question that can really be answered with a specific number. The answer will vary from person to person and it would be best to consult a medical professional to get a solid answer for your individual situation. Some people would benefit by weight loss, others might just need to adjust their habits in order to improve their abilities and quality of life. Generally speaking, weight loss will not matter as much as eating healthy and getting regular exercise. Both of these will have an impact on quality of life.</span>
5 0
3 years ago
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