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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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Fred is thinking of starting a bowling alley near a college campus. Fred is an expected utility maximizer with utility function:
vlada-n [284]

Answer:

$14,250

Explanation:

To determine what amount of money will make Fred take his chances and invest in this new business, we first have to solve this equation:

  • current wealth - (% chance of losing money x wealth after losing money)

$12,000 - (20% x $3,000) = $12,000 - $600 = $11,400

Then:

$11,400 / 80% of getting wealthier = $14,250

5 0
3 years ago
Free trade _______.
Radda [10]

Answer:

The correct answer is C. refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from other countries .

Explanation:

Free trade is a characteristic of a market through which some "freedoms" are granted in order to encourage the transit of products and services in order to offer it to a greater number of people. Governments establish a series of rules to achieve fair competition within a specific market, always seeking to protect the national industry from abroad. These treaties allow a greater movement of merchandise flows and encourages trade at the local, national and international levels.

4 0
3 years ago
Read 2 more answers
A sofa manufacturer can produce 10 sofas for $2,500 and 12 sofas for $2,760. What is the difference between the average cost per
strojnjashka [21]

Answer:100

Explanation:

The following information can be gotten from the question:

Cost for 10 sofas = $2500

Cost for 12 sofas = $2760.

Average Cost = Total Cost/Quantity

2500 / 10 = $250 and

$2760 / 12 = $230

The average cost for 12 sofas will be $230

Marginal cost is the change in total cost divided by the change in quantity. This will be:

= ( 2760 - 2500 )/( 12 - 10 )

= 260/2

= 130

The difference between the average cost per sofa for 12 sofas and the marginal cost of the 12th sofa will be:

=230 - 130

= 100

8 0
2 years ago
Which of the following practices should be discouraged during the problem-solving process?
7nadin3 [17]
The answer is D

the reason why:
4 0
2 years ago
Read 2 more answers
On March 1, 2012, Kelly Company lent $3,500 to Tim on a 1-year 6% promissory note. The amount of interest to be accrued on Decem
schepotkina [342]

Answer:

$210

Explanation:

Calculation for what the amount of interest to be accrued on December 31 will be

Using this formula

Accrued interest =Amount lent×Promissory note percentage

Let plug in the formula

Accrued interest=$3,500×6%

Accrued interest=$210

Therefore the amount of interest to be accrued on December 31 will be $210

7 0
3 years ago
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