Answer:
a. cash received from sale of land, $200,000.
Explanation:
A statement of cash flows can be described as a financial statement that provides the summary of the amount of cash and cash equivalents that a company receives or pays during a particular period.
A cash flow statement presents how cash and cash equivalents are affected by changes in income and balance sheet accounts by breaking the analysis down to operating, investing, and financing activities.
As it can be seen above, investing activities is one of the three categories of activities that are reported in a statement of cash flows. Investing activities under the statement of cash flows therefore deals with the payments or receipts of cash and cash equivalents for the purchase and sale of long-term assets and other business investments during a particular period.
From the question, the only cash and cash equivalents transaction is the selling of land for $200,000 cash. Therefore, items in the Investing Activities section of the statement of cash flows should include cash received from sale of land, $200,000. The correct option is therefore a. cash received from sale of land, $200,000.
Correct/Complete Question:
In e-business, secure web applications are one of the critical security controls that each organization must implement to reduce risk. True or False
Answer:
True
Explanation:
Web application security is a branch of information in which website security, its applications and its services and content is protected.
In e-commerce (electronic commerce), websites are used to conduct business, orders, payment, deliveries, etc. Security of this website is important so as to protect the e-business firm and its customers from various cyber-crimes like credit card phishing, personal information gathering, etc. When an e-business website is secured properly, business is done without fear by customers and also the firm itself. Examples of e-business website include walmart, amazon, bestbuy, etc.
Cheers.
Answer:
The days' sales uncollected ratio is used to: Estimate how much time is likely to pass before the amount of accounts receivable is received in cash
Explanation:
The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.
Answer:
$1,645,000
Explanation:
The computation of the taxable income is shown below:
Taxable income is
= Book income + income tax expenses - muncipal bond interest + (50% × meal expenses)
= $1,200,000 + $380,000 - $10,000 + ($150,000 × 50%)
= $1,645,000
We simply recognized only 50% of meal expenses and with the help of above items we calculated the taxable income
