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andrew-mc [135]
2 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]2 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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iogann1982 [59]

Answer:

True or False

True - explanation below

Explanation:

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A one-day rail strike that happened in 1991 was resolved by the congress by enacting PUB L.102 -29 which was said to have the effects of imposing many of the recommendations of Presidential Emergency Board ( PEB) 219

4 0
3 years ago
A product sells for $200 per unit and it’s variable costs are 65% of cells to fix cost of 420,000 what is the break even point i
11Alexandr11 [23.1K]
Fixed Costs:               420,000
Variable Costs:                 65%


Your BREAK-EVEN Point is: $1,200,000 USD or 600 Units @ $200 Each
5 0
2 years ago
If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?
vesna_86 [32]

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They were caught between increased costs and falling prices.

<h3>Why did the Grange movement focus on reducing prices that railroads and grain elevators charged? </h3>

Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.

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4 0
1 year ago
The following extract was taken from the worksheet of Special Events Bakers for the year 2019.
malfutka [58]

Answer:

The amount of Depreciation Expense for the equipment used in the business is $1,700

Explanation:

In order to calculate the amount of Depreciation Expense for the equipment used in the business we would have to make the following calculation:

amount of Depreciation Expense for the equipment used in the business= Adjusted Trial Balance-Unadjusted Trial Balance

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amount of Depreciation Expense for the equipment used in the business= $1,700

The amount of Depreciation Expense for the equipment used in the business is $1,700

7 0
2 years ago
William and Charlotte Collins divorced in November of Year 1. William moved out and Charlotte remained in their house with their
musickatia [10]

Answer:

Charlotte has the priority to claim Autumn as her dependent even though William covered 70% of her living expenses during the year. In order for a parent to be able to claim a child as a dependent, he/she must live with the child for more than half the year. In this case, since William left the house, Charlotte has preference over claiming Autumn as her dependent (even though William lived with Autumn for 10 months). Also, a parent always has priority over other relatives including a grandparent.

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