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adell [148]
3 years ago
5

Bruce Company reported net income for 2018 of S100,000. The company reported depreciation expense of $17,500 and amortization of

$5,000. The company also reported a loss on the sale of equipment of $2,500. Based only on this information, the company would report cash flow from operating activities of Multiple Choice
A. $117,500.
B. $120,000
C. $127,500.
D. $125,000.
Business
1 answer:
miskamm [114]3 years ago
3 0

Answer:

cash flow from operating activities = $125,000

so correct option is D. $125,000

Explanation:

given data

net income = S100,000

depreciation expense = $17,500

amortization = $5,000

sale of equipment = $2,500

to find out

cash flow from operating activities

solution

we get here cash flow from operating activities that is express as

cash flow from operating activities = Net income + Depreciation expense + Amortization expense + sale of equipment    ........................1

put here value we get

cash flow from operating activities = $100,000 + $17,500 + $5,000 + $2,500

cash flow from operating activities = $125,000

so correct option is D. $125,000

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artcher [175]
I think the correct answer from the choices listed above is option D. The fourth leading cause of deaths in the construction industry in 2005 would be getting <span>caught or between two objects. Number one would be due to falls. Hope this answers the question. Have a nice day.</span>
7 0
3 years ago
Malinda's auto dealership of imported cars made $895,000 in revenue. The manager has determined that the total expenses equal to
jarptica [38.1K]

Answer:

Profits: $297,000

Explanation:

Revenue is the money generated by a business by selling its products and services to customers. Expenses are the cost incurred in the production and selling of goods and services.

Profits arise when revenues exceed expenses.

For Malinda Auto dealership, the revenue ($895,000) exceed expenses($598,000). Therefore, the business will realize a profit.

Profit = revenue - expenses

=$895,000 -$598,000

=$297,000

8 0
2 years ago
What does the regulation discussed in this section protect?
PtichkaEL [24]

Answer: May you give more details? It’s really hard to explain without no details.

Explanation:

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4 0
3 years ago
When does the cost of inventory become an​ expense? A. When cash is collected from the customer B. When inventory is purchased f
borishaifa [10]

Answer:

C. When inventory is delivered to a customer

Explanation:

As we know that the inventory is good that the company sold to the customers. Through these goods, the company can able to generate huge profits and gain a competitive advantage in the market

But when we talk about the inventory cost that converted into an expense is when we delivered the product to the customer. It would be represented in the company books as an expense. Until sold, it cannot be converted

5 0
3 years ago
Robert Sampson owns a townhouse valued at $185,000 and still has an unpaid mortgage of $150,000. In addition to his mortgage, he
AlexFokin [52]

Answer:

0.31

Explanation:

Given that,

Visa = $ 755

MasterCard = 380

Discover card = 555

Education loan = 3,900

Personal bank loan = 650

Auto loan =  6,000

Total debt  (not including mortgage) = $12,240

Net Worth (not including home) = $39,000

Robert's debt-to-equity ratio:

= Total debt ÷ Net worth

= $12,240 ÷ $39,000

= 0.31

8 0
3 years ago
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