Answer:
Engineering Wonders' net cash flows from operating activities are $61.8 million
Explanation:
Net income from operating activities = net income - gain on the sale of land + building depreciation expense = $56.0 - $1.4 + $4.6 = $59.2 million
Engineering Wonders' net cash flows from operating activities = Net Income from operating activities + Decrease in Accounts Receivable + Decrease in Inventory - Decrease in accounts payable = $59.2 + $1.6 + $3.6 - $2.6 = $61.8 million
Answer: AKA B
Explanation: did it on edge 2020
A revenue tariff is a tax applied to increase the revenue(money brought in) of an economy. Usually occurs in business. For example, oil that is imported or exported from the US is a revenue tariff.
Answer:
The workings of the answer are below;
Explanation:
Cost of purchase A $0.12
Current Market price B $492,937.50
Total Gain on sale C=B-A $492,937.38
Average annual gain over 56 year=$492,937.38/56=$8,802.45
