Answer:
An opportunity costs is the loss of the best available option after selecting one alternative
Explanation:
The oppoortunity costs between going to the cinema and to teather will be the cinema if you chose to go tto the theater and the teather if you chose to go to the cinema.
Answer:
security policy is the correct answer.
Explanation:
Answer:
B. $280,000
Explanation:
The capital assets are those assets which are used for the personal purpose, not for the business purpose. The examples of capital assets include personal property, stocks, bonds, clothing, dwelling, etc.
It excludes that property which is used for trade or business purpose like - limousine.
In the given situation, the capital asset would be $280,000 as it owns for personal residence and furnishings.
Answer:
$265,000
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
Net cash provided by operating activities for the year
= $242,000 - $32,000 - $10,000 + $65,000
= $265,000