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insens350 [35]
4 years ago
15

Selected information from Isadore Bell Corporation's accounting records and financial statements for 2021 is as follows ($ in mi

llions): Cash paid to acquire equipment $ 18 Treasury stock purchased for cash 25 Proceeds from sale of land and buildings 45 Gain from the sale of land and buildings 26 Investment revenue received 33 Cash paid to acquire office equipment 40 On its statement of cash flows, Isadore Bell should report net cash outflows from investing activities of:
Business
1 answer:
antiseptic1488 [7]4 years ago
5 0

Answer:

Explanation:

Investing activities are largely related to the acquisition of long term assets that are involved in the financial planning of a company's activities

The items of investing activities in the question are sales of land , purchase of equipment and office equipment . Please note that the gain on disposal of asset is not recognized because it is a  non cash income.

The other items belong to financing activities.

Sales of land -                       45

Equipment acquisition         (18)

Office equipment                 (40)

Net cash flow                         (13)

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Answer:

Mike will be prosecuted by a;

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Explanation:

To better answer the question we need to define some key terminologies;

1. Industrial park

An industrial park is an area that is set aside usually in a city for industrial development. Residential and commercial developments are not allowed in these zoned areas.

2. Prosecutor

A prosecutor is a legal representative of the prosecution. The prosecution is  the legal team charged with the duty of presenting the case against someone accused of breaking the law.

3. Public official

A public official is any individual nominated or elected to represent the public through the state. Any person who holds a legislative, administrative or judicial post is a public official. They are usually charged with authority to handle certain duties.

In our case, Mike was arrested and charged with the crime of theft. The prosecutor has to be a public official who needs to represent the prosecution in presenting the case against the accused: in this case it's Mike who was accused of theft.

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4 years ago
Suppose that the pre-tax price of gasoline is $1 per gallon. A tax of $0.50 is imposed and is paid by consumers to the governmen
charle [14.2K]

Answer:

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Data provided in the question:

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