Answer:
a. Payment of interest on notes payable - Operating Activity
b. Exchange of land for patent - Non Cash investing activity
c. Sale of building at book value - Investing Activity
d. Payment of dividends - Financing Activity
e. Depreciation - Operating Activity
f. Receipt of interest on notes receivable - Operating Activity
g. Issuance of Capital Stock - Financing Activity
h. Amortization of patent - Operating Activity
i. Issuance of bonds for land - Non Cash investing activity
j. Purchase of land - Investing Activity
Answer:
$99,000
Explanation:
According to the scenario, computation of the given data are as follows,
Net income = $55,000
Add- Depreciation expense = $70,000
Less- prepaid rent = $50,000
Add- accounts payable = $11,000
Add- Income tax payable = $13,000
Total = $99,000
Hence, Net cash flow from operating activities = $99,000
Answer:
Gogle, which was derived from a misspelling of Page's original planned name, (a mathematical term for the number one followed by 100 zeroes).
Explanation:
Answer:
taking an inventory of the special equipment, facilities, and systems needed for production.
Explanation:
Answer:
A equal balance of economic power among buyers and sellers.
Explanation:
For a market to operate smoothly the operational requirement required include:
1. Social Institutions of trust
2. Money as a medium of exchange
3. Individualist institutions related to private and decision making.
When a market is operating smoothly it means that the financial safety net and settlement system works efficiently. Traders can operate seamlessly without delays in payments.
The option that is not a requirement for smooth operation of the market is - equal balance of economic power among buyers and sellers.