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Ne4ueva [31]
3 years ago
15

A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $23,649 repres

enting a gain of $3,881. The value in the operating activities section regarding this event would be
a. $(3,881)
b. $23,649
c. $27,530
d. $19,768
Business
1 answer:
Alexus [3.1K]3 years ago
6 0

Answer:

a. $(3,881)

Explanation:

Gain on sale of fixed assets is an income. To be included in the operating section of the cash flow statement, we need to deduct the gain. The disposal of the fixed assets will go to the investing section. As the gain of the sale of assets is already added to the net income in the income statement, it will be deducted to make the accounting procedure transparent. Therefore, <em>option A</em> is correct.

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Lata is writing a message to her boss. She has discovered a source for office supplies that carries name brands but whose prices
Triss [41]

Answer:

The correct answer is Direct order.

Explanation:

Many times a day we receive and give orders. When we entrust a specific function to our employee or subordinate, how do we do it? By giving a direct order to execute it or we use what we call delegation. Through the delegation, we entrust this employee not only to do what has been communicated to him, but also to take responsibility from start to finish, reporting once the order has been executed to whoever has given it.

7 0
2 years ago
A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.
sweet-ann [11.9K]

A  Forward transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

A forward contract, or simply a forward, is a sort of derivative instrument in finance. It is a non-standard contract between two parties to buy or sell an asset at a specific future time at a price agreed upon at the time of the contract's conclusion.

A forward transaction is when two people or other entities bind themselves to carry out a trade in the future rather than right now. Futures deals differ from spot trading due to the timing of the transactions.

Learn more about Forward transaction here

brainly.com/question/1518204

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8 0
2 years ago
In an economy, the government wants to increase aggregate demand by $50 billion at each price level to increase real GDP and red
Tems11 [23]

Answer:

(B) $20 billion

Explanation:

Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.

ΔAD = \frac{ΔG}{1 - MPC}

where Δ means <em>change.</em>

<em />

Therefore, given ΔAD of $50 billion, and MPC of 0.6,

ΔAD = \frac{ΔG}{1 - MPC}

= 50 = \frac{ΔG}{1 - 0.6}

= 50 = \frac{ΔG}{0.4}

= ΔG = 50 * 0.4 = 20

Therefore, increase in government purchases = $20 billion.

3 0
3 years ago
27. Average cost curves (except for average fixed cost) tend to be U-shaped, decreasing and then increasing. Marginal cost curve
jasenka [17]

Answer:

Explanation: Both the marginal cost curve and the average variable cost curve are U-shaped. For many firms, this is true because their production exhibits increasing returns at low levels of output and decreasing returns at high levels of output. At the minimum of average cost, the marginal cost curve intersects the average cost curve. This is because when marginal cost is above average cost, average cost is decreasing and when marginal cost is below average cost, average cost is decreasing.

6 0
3 years ago
Read 2 more answers
A sudden stop will be easier to navigate if the country borrows internationally in foreign currencies and lend locally in its do
natulia [17]

Answer: False

Explanation:

A sudden stop refers to the sudden decline in net capital inflows in the economy from outside. This is a significant method by which the economy can have access to foreign exchange.

If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

8 0
2 years ago
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