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
lutik1710 [3]
3 years ago
9

In a statement of cash flows, the sale of a long-term investment would ordinarily be classified as:_____.a. an operating activit

y.
b. a financing activity.
c. an investing activity.
d. a lending activity.
Business
1 answer:
ollegr [7]3 years ago
4 0

Answer:

c. an investing activity.

Explanation:

The sale and acquisition of items of Property, Plant and Equipment is classified under investing activities in the cash flow statement.

Therefore, the sale proceeds following the sale of a long-term investment would ordinarily be classified as a cash inflow from investing activity.

You might be interested in
The limited liability of a stockholder in a closely-held corporation may be challenged successfully if the stockholdera. Underca
lina2011 [118]

Answer:

The correct Option is A

Explanation:

When the limited liability of the stockholder and it is a closely held corporation which might be challenged successfully if the stockholder, undercapitalized the corporation  which means that the corporation does not have enough capital to pay creditors and conduct normal operations of the business and it will be done when it is established or formed.

5 0
3 years ago
At a product's equilibrium price:
just olya [345]

Answer:

The answer is. C) any buyer who is willing and able to pay the price will find a seller for the product.

Explanation:

At a product's equilibrium price, the quantity demanded of the product equals the quantity supplied of the product. So that means that there will always be a supplier willing to sell the product to any consumer who is willing to pay for that product.

7 0
3 years ago
Swifty's Market used the perpetual method to record the following events involving a recent purchase of inventory:
butalik [34]

Answer:

Inventory balance will be of 73,318

Explanation:

Inventory                     75,400

     Account payable                75,400

to record goods received

Account payable           1,300

           Inventory                          1,300

to record return of goods

Inventory                          700

            Cash                                  700

to record payment of freight

Account Payable        74,100

            Inventory                         1,482

            Cash                              72,618

to record payment of invoice within discount period

75,400 - 1,300 = 74,100

74,100 x 2% = 1,482

Inventory balance:

<em>   DEBIT         CREDIT</em>

 75,400

                       1,300

      700

                       1,482

<u><em>balance: </em></u>

  73,318

8 0
3 years ago
When it is reported that a nation is experiencing a "balance of payments deficit," this is best interpreted to mean that the nat
JulsSmile [24]
<span>When it is reported that a nation is experiencing a "balance of payments deficit," this is best interpreted to mean that the nation is experiencing? If it is reported that the nation is experiencing a balance of payments deific, the country is importing more goods, services and capital than it is exporting. When this happens, the nation has to borrow funds and items from other countries to help pay for what they are importing until the have the cash funds to pay for them, themselves. When this starts the happen, the nation that this is hurting should try and balance their payments and monitor transactions better to eliminate this in the future. </span>
8 0
3 years ago
Read 2 more answers
Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
3 years ago
Other questions:
  • Ruby is 25 and has a good job at a biotechnology company. She currently has $11,400 in an IRA, an important part of her retireme
    11·1 answer
  • Which of the following U.S. organizations conducts an ongoing National Compensation Survey measuring wages, salaries, and benefi
    5·1 answer
  • Your son, Jason, left his skateboard at the bottom of your basement stairs. While going downstairs, you stepped on the skateboar
    11·1 answer
  • The preemptive right is important to shareholders because it a. allows managers to buy additional shares below the current marke
    9·2 answers
  • Common stock valuelong dash—Variable growth Personal Finance Problem
    7·1 answer
  • A company spends $20,000 on a training program aimed at reducing industrial accidents. After training, the company saves $100,00
    13·1 answer
  • If something could pose a danger, this could be
    10·1 answer
  • What was the target market for traditional advertisers
    15·1 answer
  • Hughes Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next three years, with the growth
    7·1 answer
  • Historical Art is a new business. During its first year of operations, credit sales were $50,000 and collections from credit sal
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!