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
eimsori [14]
3 years ago
14

A machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. The amount that should be r

eported as a source of cash under cash flows from investing activities is: Multiple Choicea. Zero.b. This is a financing activity.c. $59,000.d. $14,000.e. This is an operating activity.f. $45,000.
Business
1 answer:
Lunna [17]3 years ago
4 0

Answer:

c. $59,000

Explanation:

The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.

When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.

Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.

You might be interested in
If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her l
love history [14]

Explanation:

A transformational leader is the one that identifies where changes are needed and guide this change by motivating and inspiring the group, <em>changing expectations and perceptions in order to achieve a common goal, this common goal is the reason why they enphasize empowerment.</em>

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
The total factory overhead for Big Light Company is budgeted for the year at $807,500. Big Light manufactures two different prod
Afina-wow [57]

Answer:

<u>Night Lights $ per unit  2.13</u>

<u>Desk Lamps $ per unit 8.50</u>

Explanation:

Determine total number of budgeted direct labour hours for the year

total number of budgeted direct labor hours for the year is calculated

= night lamp labor hours + desk lamp labor hours

= ( 60000 * 1/2 ) + ( 80000 * 2 )

= 30000 + 160000

= 190000

calculated the single plant wide factory overhead rate

factory overhead rate = total factory overhead / total number of budgeted unit

= 807500 / 190000

= 4.25 per labour hour

calculate factory overhead cost per each unit

night lamp = 4.25 * 1/2

= 2.13 per unit

desk lamp = 4.25 * 2

= 8.50 per unit

5 0
3 years ago
Becca, an office manager for a small construction company, met with representatives from Xerox and Minolta, along with the presi
lilavasa [31]

Answer: User

Explanation: Becca has the role of the user of the new copier machines being purchased for their company, because although she isn't the one making the purchase, she is the one who has the duty to operate the machines on a daily basis.

6 0
3 years ago
Identify which are goals of monetary policy, and which are not. Goals of monetary policy Not goals of monetary policy Answer Ban
kondor19780726 [428]

Answer:

goals of monetary policy

financial market stability

economic growth

high employment

price stability

Not goals of monetary policy

increasing the size of the financial market

high inflation

improving banks' profits

Dual mandate :  high employment

price stability

Explanation:

Monetary policy are policies taken by the central bank of a country to increase or reduce aggregate demand.

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

Goals of monetary policy include

  • financial market stability
  • economic growth
  • high employment
  • price stability

The dual mandate of the Federal Reserve was birthed as a result of the stagflation of the 1970s. Stagflation is a period of high unemployment and high inflation levels

The dual mandate are : high employment, stable prices and moderate long-term interest rates.

4 0
3 years ago
When Beck joined his uncle's oil exploration company in east Texas, he was given several hundred shares of stock in the firm, an
sergij07 [2.7K]

Answer: Master limited partnership

Explanation:

A master limited partnership also referred to as a MLP, is known as a limited partnership which is publicly traded on an exchange. A Master Limited Partnership tends to combine the tax benefits or advantages from a limited partnership with its liquidity that are the publicly traded securities such as stocks and bonds offer.  A MLP tends to pays taxes like every other partnerships, thus by passing profits through to individual, and also accounting for these profits on owner's tax return.

7 0
3 years ago
Other questions:
  • During the last few decades in the United States, health officials have argued that eating too much beef might be harmful to hum
    7·1 answer
  • Fifo is preferred when purchase costs are rising and managers have incentives to report higher income for reasons such as bonus
    15·1 answer
  • A wholly owned subsidiary is appropriate when the firm wants Multiple Choice 100 percent of the profits generated in a foreign m
    8·1 answer
  • Pat Smith is personnel director for a large bank. Her major goal is to find a person who can adapt his or her leadership to diff
    14·1 answer
  • Bolt Corp. dismissed Ace as its general sales agent and notified all of Ace’s known customers by letter. Young Corp., a retail o
    7·1 answer
  • Which of the following hitches are allowed home depot
    11·1 answer
  • Bagrov Corporation had a net decrease in cash of $10,500 for the current year. Net cash used in investing activities was $52,500
    13·1 answer
  • McBurgers Inc. noticed brown pellets in some areas of
    6·1 answer
  • A property owner installs a new air conditioning system. how does this affect the property's effective age?
    11·1 answer
  • Which dimensions should a marketer consider when dealing with the human aspect of distribution channels?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!