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bixtya [17]
3 years ago
10

Ironhorse Tools has used $700,000 from its total annual earnings of $1,650,000 to invest in upgrading its manufacturing faciliti

es. Its accounts receivable from customers is estimated to be $130,000 and accounts payable $75,000. In monetary terms, what would Ironhorse's resource flows be? Group of answer choices
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

The answer is: $700,000

Explanation:

A company´s resource flows are the amount it reinvests to maintain (or in this case upgrade) or build a resource, for example new machinery or infrastructure renovations.

In this case, Ironhorse Tools spent $700,000 to upgrade its manufacturing facilities.

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Freeman Co. acquired another business and paid (among other amounts) $64,800 for its goodwill in 2018. On December 31, 2020, the
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Answer: $27000

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The amount of goodwill impairment on December 31, 2020 will be:

Amount if goodwill = Net book value - Fair value

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Select the examples that best represent Architecture and Construction customers. Check all that apply.
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2 years ago
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Hilary is a retired teacher who lives in Miami and does some consulting work for extra cash. At a wage of $50 per hour, she is w
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Answer:

Hilary is a retired teacher who lives in Miami and does some consulting work for extra cash. At a wage of $50 per hour, she is willing to work 10 hours per week. At $65 per hour, she is willing to work 19 hours per week.

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Midpoint elasticity = (Change in labor supplied / Average labor supplied) / (Change in wage rate / Average wage rate)

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