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harkovskaia [24]
3 years ago
8

Based on the following information, compute cash flows from investing activities under GAAP.

Business
1 answer:
scZoUnD [109]3 years ago
5 0

Answer:

$240

Explanation:

The computation of the cash flows from investing activities is shown below:

Cash flow from investing activities

Purchased of used equipment -$240

Sale of investment $480

Cash flow provided by investing activities $240

The purchase of used equipment is a cash outflow therefore it is represented in a negative sign while on the other hand sale of investment is cash inflow so the same is presented in a positive sign

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Fred is a buyer's agent in Colorado. When he approaches a property that is For Sale By Owner, when and how must he disclose his
ANTONII [103]

Answer:

C) Orally at the first contact and in writing at the first physical meeting

Explanation:

Since Fred is a buyer's agent, when he approaches a seller (the owner himself or a seller's agent), he has the legal obligation to disclose who he is to the seller. He doesn't necessarily have to say who his client is, but me must inform that he is a buyer's agent. If Fred contacts the seller by phone, he must disclose the information orally, or if he personally meets the seller, he must disclose the information in writing. Even if Fred disclosed the information by phone, he must still do it in writing if he meets with the seller on a later appointment.

5 0
3 years ago
under which inventory cost flow assumption does inventory on the balance sheet best approximate its current cost?
scoray [572]

The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.

Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.

Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.

On the balance sheet of an organization, it is categorized as a current asset.

The three different categories of inventory are raw materials, finished commodities, and work-in-progress.

The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.

Learn more about inventory here:

brainly.com/question/14184995

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8 0
1 year ago
A firm has a market value equal to its book value. Currently, the firm has excess cash of $900 and other assets of $5,100. Equit
Harrizon [31]

Answer:

$850

Explanation:

Price per share = $6,000 ÷1,000 = $6

Number of shares repurchased = $900 ÷$6 = $150

New number of shares outstanding = $1,000 - $150 = $850

Therefore $850 shares of stock will be outstanding after the stock repurchase is completed

8 0
2 years ago
For 115 consecutive days, a process engineer has measured the temperature of champagne bottles as they are made ready for servin
vaieri [72.5K]

Answer:

40° Fahrenheit

Explanation:

For an X-bar, the centre line is then average across all components. In this case, the average temperature across all 1150 bottles over 115 days will be 40° Fahrenheit as it is reported.

8 0
2 years ago
Uma and edward are assigned to partner on a project, but they have never worked together before. uma texts edward, "are you avai
EastWind [94]
<span>In a situation in which Uma </span><span>and Edward are partners on a project, but they have never worked together and Uma </span>texts Edward, "Are you available to meet at four this afternoon?" Edward replies, "yep. cu then." Uma should gently remind Edward to be more formal and better to use e-mails than texting.

4 0
3 years ago
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