1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
creativ13 [48]
3 years ago
5

If a gain of $5,292 is realized in selling (for cash) office equipment having a book value of $50,960, find the total amount rep

orted in the cash flows from investing activities section of the statement of cash flows. Select the correct answer. $56,252 $50,960 $5,292 $45,668
Business
1 answer:
kati45 [8]3 years ago
8 0

Answer:

$56,252

Explanation:

<u />

<u>For the investing activities we should post the proceeds from the sale</u>, not the gain or the book value of the equipment

if there is a gain, then it was sold above the book value by this amount

proceeds - book value = gain

book value: 50,960

gain: 5,292

proceeds - 50,960 = 5,292

proceeds =  50,960 + 5,292 = 56,252

You might be interested in
What are two key elements in deciding how to collect data for marketing research?
aleksandrvk [35]

The answer is:

(1) setting the research objectives

(2) identifying possible marketing actions

What is marketing research?

  • Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
  • Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
  • This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
  • It can be done through overviews, item testing, and center bunches.
  • Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
  • Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.

To know more about the marketing research visit:

brainly.com/question/24906199?

#SPJ4

7 0
1 year ago
Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch
LekaFEV [45]
You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs. 
9 0
3 years ago
Read 3 more answers
If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall
alisha [4.7K]

Answer:

C. mutual fund.

Explanation:

Mutual fund refers to a company that pools money from many investors into securities such as stocks and bonds. Mutual funds provide the service of a deversified portfolio for customers who would otherwise been unable to diversify their portfolio themselves.

6 0
3 years ago
Brooks Company is a consulting firm and applies indirect overhead costs based on billing hours. The firm expects to have $75,000
valina [46]

Answer:

$2325

Explanation:

Indirect costs =75000/750=$100 per hour

Direct Labour = $55 per hour

Total cost per hour =100+55=$155

$155 ×15= $2325

The total cost for the consulting job for George Peterson is $2325

5 0
3 years ago
Imagine you are the owner of a small local peanut butter company. You have many competitors in the peanut butter market but your
mamaluj [8]

Answer:

A

Explanation:

keeping a competitive edge

8 0
2 years ago
Other questions:
  • Fair value option; bond investment; effective interest [LO12-1, 12-2, 12-3, 12-4, 12-8] Fuzzy Monkey Technologies, Inc., purchas
    14·1 answer
  • Suppose the government increases taxes by ​$110 billion and the marginal propensity to consume is 0.80. By how will equilibrium
    13·1 answer
  • Do debit cards have a higher interest rate than credit cards
    5·2 answers
  • 5b. MousePad Computer Company, in addition to its retail sales, conducts night classes in computer technology. MousePad has prov
    13·1 answer
  • The use of teams is becoming increasingly prevalent in the U.S. workplace, partly because of the many benefits associated with t
    7·1 answer
  • Bob Jensen Inc. purchased a $650,000 machine to manufacture specialty taps for electrical equipment. Jensen expects to sell all
    15·1 answer
  • In order to calculate marginal cost, producers must compare the difference in the cost of producing one unit to the
    9·2 answers
  • Goose Corporation has a basis of $3,340,000 in the stock of Swift Corporation, a wholly owned subsidiary acquired 30 years ago.
    6·1 answer
  • Zachary Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly
    6·1 answer
  • These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing com
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!