Answer:
c. $59,000
Explanation:
The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.
When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.
Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.
Answer:
Option B. Sale of a group of assets that represents a strategic shift in operations.
Explanation:
The reason is that the a group of assets represents a separate business unit whose revenue are mostly independent of the operations of the other business units of the company. Hence these operations or business units under the International Financial Reporting Standards relating to Non-current assets held for sale and discontinued operations, says that the held for sale non current assets that represent whole of the business unit or separate line of business of the company must be reported as discontinued operations in the financial statements.
Answer:
A
Explanation:
All the other responses are numerical, which is quantitative. Marital status is qualitative
Answer:
The National Labor Relations Act (NLRA) which was put into place to counter-act the anti union movements of the 1920's.
Explanation:
Bait and switch is a “sales tactic that lures customers in with specific claims about the quality or low prices on items that turn out to be unavailable in order to upsell them on a similar, pricier item. It is considered a form of retail sales fraud.”
So I would go with A.