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Trava [24]
4 years ago
8

Selected information from Peridot Corporation's accounting records and financial statements for 2018 is as follows ($ in million

s): Cash paid to acquire machinery $ 36 Reacquired Peridot common stock 50 Proceeds from sale of land 70 Gain from the sale of land 52 Investment revenue received 66 Cash paid to acquire office equipment 80 In its statement of cash flows, Peridot should report net cash outflows from investing activities of: Group of answer choices $46 million. $72 million. $26 million. $78 million.
Business
1 answer:
Vaselesa [24]4 years ago
8 0

Answer:

Peridot should report net cash outflows from investing activities of: $46 million

Explanation:

Peridot Corporation

Statement of cash flows (extract)

                                                                       $ in millions

Purchase of machinery                                            ($36)

Proceeds from sale of land                                         70

Cash paid to acquire office equipment                    (80)

Net cash flows from investing activities              ($46)

Note that reacquired common stock belongs to financing activities section of the cash flows, while gain from sale of land and investment revenue belong to operating activities section of the cash flows

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Carly is watching television and notices that she has seen the same commercial four times during the same program. she wonders w
grigory [225]

Answer:

She is unfamiliar with the <u>"mere exposure effect."</u>

Explanation:

When an individual hear or see something many times, he/she develops a preference for that thing merely, the reason is that an individual is so much familiar with that, this phenomenon is known as mere-exposure effect. Sometimes we also develop that effect when we watch any tv program so many times that we develop much familiarity with that program.

8 0
3 years ago
Overland purchased $387,950 of fixed assets that are classified as three-year property for MACRS. The MACRS rates are .3333, .44
Anton [14]

Answer: $57,455.395

Explanation:

Given that,

Fixed assets purchased = $387,950

MACRS rates are as follows:

Year 1 = 0.3333

Year 2 = 0.4445

Year 3 = 0.1481

Year 4 = 0.0741

Depreciation Expense in Year 3:

= Initial Value or Purchase Price of equipment × MACRS rate for Year 3

= $387,950 × 0.1481

= $57,455.395

5 0
3 years ago
1. A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the emp
patriot [66]

Answer:

Sexual harassment is an unethical behavior both at or outside workplace and this can be explained using these ethical theories; DEONTOLOGY, UTILITARIANISM, INDIVIDUAL CHARACTER ETHICS, WORKPLACE INDIVIDUAL ETHICS

1. DEONTOLOGY: This ethical theory states that a person's actions are either bad or good depending on sets of rules, actions are morally right if it is in accordance with the rules, rights et cetera. in this case the behavior does not follow any rules and there is no right given to anybody to harass a woman. This theory shows that these acts were unethical.

2. UTILITARIANISM: this theory supports actions and behaviors that brings happiness and joy to others and frowns at actions that brings sadness and unhappiness to people around us. In this case the employee is harassed which makes her unhappy so this theory labels sexual harassment as an unethical behavior.

3. INDIVIDUAL CHARACTER ETHICS: It says that there are certain qualities of a person that determine their ethics, this includes; gratitude, benevolence, respect but in this case the individual has no such traits present in him because of his disrespect towards a woman, so this theory shows how unethical those acts were.

4. WORKPLACE INDIVIDUAL ETHICS: It says that the development or presence of certain traits show the work ethics of an individual and the traits are honor, work pride, trustworthiness but in this case he has proved that there is no such trait present in him so it constitute unethical behavior at workplace.

5 0
3 years ago
What is a Private Carrier?​ a. ​a trucking firm whose name does not appear on the equipment b. ​a trucking operation that only h
mina [271]

Answer:

The correct option is (b)

Explanation:

Private carrier is an organization that transports only the products produced by firm that own it.

Such organization's primary business activity is not transporting products from one place to another. In other words, these carriers do not transport goods of other companies.

Companies find having their own carriers cost effective as compared to hiring one.

Therefore, private carrier is a trucking operation that transports goods for the firm that owns it.

4 0
3 years ago
A progressive tax is one in A) which the average rate increases as income increases. B ) more taxes are paid as income increases
scoundrel [369]

Answer:

A) which the average rate increases as income increases.

Explanation:

A progressive tax is a tax that increases in tax rate as the taxable amount increases. The tax is termed "progressive" because it refers to the increment or progression of the tax rate from low to high, which by implication means that a taxpayer's average tax rate is less than the person's marginal tax rate.

Another term that describes the progressive nature of income taxes particularly in developed economies like the United states and United Kingdom, is the acronym P.A.Y.E which means Pay As You Earn. Ta payers are expected to pay higher tax rates for higher income brackets

6 0
3 years ago
Read 2 more answers
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