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Rus_ich [418]
3 years ago
5

A machine with a cost of $133,000 and accumulated depreciation of $86,500 is sold for $53,000 cash. The amount that should be re

ported in the operating activities section reported under the direct method is:
Business
1 answer:
adell [148]3 years ago
7 0

Answer:

Zero, because the selling of fixed asset is reported as cash inflow under investing activity.

Explanation:

Cash flow from investing activities includes all the investments in the long term assets and sale of investments or individual assets. The investment items may include Property, Plant and Equipment.

So this means that it will not be included in the Cash from Operating Activities because it is a Cash from Investing Activities.

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The budget process makes fiscal policy difficult to implement because 
<span>---The budget process begins a year and a half before the budget is implemented, and this will make it difficult to know what type of fiscal policy will be needed because it requires us to predict the problem and opportunities that arise during the operation.
---Many budget decisions are made for political reasons , because many politicians was appointed by interest groups that controlled by big companies.
---Nearly two-thirds of the budget is mandated by federal programs and cannot be easily changed, even if it could be changed, the cost could outweihgt the benefit.</span>
7 0
3 years ago
Isocost lines Question 28 options: A) are dependent upon the costs of a firm's inputs. B) are dependent upon the technical effic
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Answer:

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3 years ago
Which platform is an employment website that helps job seekers to locate new job opportunities?
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Do you have answer choices?
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6 0
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When bonds are issued at their face amount, the journal entry will include a __________ to __________.
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D. Credit; bonds payable
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2 years ago
What is the term for media for broad popular audiences—including newspapers, radio, and television?.
astra-53 [7]

Answer:

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