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3 years ago

Cash paid for equipment would be reported on the statement of cash flows in_________.

Business

1 answer:

Licemer1 [7]3 years ago

5 0

Answer:

c. the cash flows from investing activities section.

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.

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Altonland Inc., a pharmaceutical company based in the United States, generally appoints a U.S. national as the head of its forei

In-s [12.5K]

Answer: The correct answer is "the informal rules of the game".

Explanation: The given scenario illustrates the informal rules of the game.

Because despite not being an official standard, it is an informal rule that the company tends to follow because it gives good results, and is backed by the organizational culture of the company.

7 0

3 years ago

At December 31, Idaho Company had the following ending account balances:

telo118 [61]

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

Details $

Stockholder's Equity:

Common Stock 525,000

Preferred Stock 500,000

Additional Paid-In Cap. - Common Stock 625,000

Additional Paid-In Cap. - Preferred Stock 50,000

Treasury Stock (40,000 )

Retained Earnings 250,000

Balance at December 31  1,910,000 

5 0

3 years ago

The probability that Mary will win a game is 0.03, so the probability that she will not win is 0.97. If Mary wins, she will be g

valkas [14]

Answer:

Expected value of X = -11.09

Explanation:

Expected profit:

= Probability of winning × Amount she wins

= 0.03 × $180

= 5.4

Expected loss:

= Probability of loosing × Amount she paid

= 0.97 × $17

= 16.49

Let X be amount of money Mary wins or loses.

E(X) = Expected profit - Expected loss

= 5.4 - 16.49

= -11.09

Expected value of X = -11.09

That is expected value of loss of $11.09

4 0

3 years ago

What happens to the price of these needed goods if production declines and there are fewer goods to go around?

Lostsunrise [7]

Answer:

the price increases

Explanation:

its inflation due to the decrease in production of the the product but not the need for it the price will rise.

5 0

3 years ago

Esquire Comic Book Company had income before tax of $1,000,000 in 2016 before considering the following material items:

Ganezh [65]

Answer:

Esquire Comic Book Company

Income Statement

For the Year Ended December 31, 2016

Operating income $1,000,000

Restructuring costs ($80,000)

Income from continuing operations b/ Taxes $920,000

Income tax expense ($368,000)

Income from continuing operations $552,000

Discontinued operations:

Operating income $500,000
Loss on disposal ($350,000)
Income tax on discontinued operations ($60,000)

Income from discontinued operations $90,000

Net income $642,000

Explanation:

Income from discontinued operations must be reported separately, but any restructuring costs must be included as operational expenses.

8 0

3 years ago