Answer:
The correct answer is e. a. and b.
Explanation:
Capital assets are assets of a permanent nature used in the production of income, such as machinery, buildings, equipment, land, etc. It must be distinguished from inventory.
Painting is a capital asset, but it is also a personal use activity asset sold at a loss. The loss is not deductible.
Answer:
Reducing risk
Explanation:
The two ways by which risk can be managed are;
✓ Risk avoidance
✓ risk reduction
risk reduction are activities needed to bring about lower likelihood of risk as well as severity of loss. We can reduce risk through reduction of allocation of our resources to risky situation. An example of reducing risk is in the instance of Financial markets that are making the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders.
Answer: A
Explanation: All the other ones are not required for a strenuous job such as distribution.
<span>Money, political resources, and infrastructure are not considered economic factors of production.
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Answer:
Cash flow from operations= $105,603
Explanation:
Cash flow from operating activities is the cash inflow and outflow from normal business activities during a specified period.
The formula is given as
Cash flow from operations= Net income + Depreciation and amortization + Adjustment to net income+ Changes in account receivable+ Changes in inventory+ Changes in other operating activities.
Cash flow from operations= 49,646+ 6,774- 2,909+ 52,092
Cash flow from operations= $105,603
