It is Based on The <u>Risk</u><u> </u><u>Level</u><u>.</u><u> </u>
Answer:
D. Star will be liable on the contract only if it adopts the contract.
Explanation:
Answer:
investment cash flow is $19,000
Explanation:
given data
current assets = $62,000
current liabilities = $55,000
fixed assets = $19,000
to find out
investment cash flow for the year
solution
as we know that cash flows increase or decrease as the result of change in the fixed assets is consider to be cash flows by investment activities
and Changes in working capital cash flow is operating cash flows not investment cash flows
so we can say that
investment cash flow is $19,000
Answer:
passive income if taxable income is negative;active income if taxable income is positive.
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