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andrew-mc [135]
3 years ago
11

If a gain of $8,096 is realized in selling (for cash) office equipment having a book value of $56,296, the total amount reported

in the Cash flows from investing activities section of the statement of cash flows is:
Business
1 answer:
nikklg [1K]3 years ago
5 0

Answer:

$64,392

Explanation:

Given that

Gain realized in selling for office equipment = $8,096

Book value = $56,296

The computation of cash flow from investing activity is shown below:-

= Book value + Gain realized in selling for office equipment

= $56,296 + $8,096

= $64,392

Therefore, for calculating the cash flow from investing activity we simply add book value with gain.

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What are the three conditions for a market to be perfectly​ competitive? For a market to be perfectly​ competitive, there must b
xz_007 [3.2K]

Answer:

There are 4 conditions that make a market to be perfectly competitive:

  1. There must be a large number of buyers and sellers, and each one must be relatively small.
  2. All the sellers produce identical products or services.
  3. There are no barriers for entry or exit.
  4. All the buyers and sellers are price takers, no one can set the price at their own will.

5 0
3 years ago
Radar Company sells bikes for $480 each. The company currently sells 4,000 bikes per year and could make as many as 4,370 bikes
Hatshy [7]

Answer:

$65,000

Explanation:

The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:

C=\$46,000+370*\$160\\C=\$105,200

If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:

I=(price*units)-cost\\I=(\$460*370)-\$105,200\\I=\$65,000

Radar's additional income is $65,000.

6 0
3 years ago
On December 20, 2017, Butanta Company (a U.S. company headquartered in Miami, Florida) sold parts to a foreign customer at a pri
rjkz [21]

Answer:

The appropriate solution is:

(a) $3150

(b) $4200

Explanation:

According to the question,

(a)

The exchange loss will be:

= (1.20-1.17)\times 105000

= 0.03\times 105000

= 3150 ($)

(b)

The exchange loss will be:

= (1.17-1.13)\times 105000

= 0.04\times 105000

= 4200 ($)

4 0
3 years ago
Speedy Runner makes running shoes and they have gathered the following data for the month of​ October: Data Cash on​ 10/1 Expect
dmitriy555 [2]

Answer: $9,000

Explanation:

Speedy Runner will need to borrow the amount of cash disbursements that will exceed their cash receipts.

= Opening Cash + Cash Receipts - Cash Disbursements

= Opening Cash + Expected Cash Collections - Direct Labor Cash - Direct Materials Cash Disbursements - Operating Expenses Cash Disbursements - MOH Cash Disbursements - Capital Expenditures Cash Disbursements ​- Ending cash balance requirement

= 15,300 + 435,000 - 32,000 - 80,000 - 110,000 - 25,000 - 200,000 - 12,000

= $8,700

<em>They can borrow in incremental terms of $1,000 so to cover the cash requirements they should borrow </em><em>$9,000. </em>

8 0
3 years ago
A convenience store chain attempts to be responsive and
lidiya [134]

Answer:

Explanation:

Store should become a responsive one in a way, that customers can see their all products online, add in their shipping cart and come and have a look on retail store and be able to buy buy or vice versa as well. Plus a responsive customer service team empanelled with Sales team should be present to assist customers in case of service/ sales enquiries, thus delivery high service level satisfaction.

4 0
3 years ago
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