Answer:
The answer is $209,300
Explanation:
This is an indirect method of preparing cash flow. Why? - Because indirect method of preparing cash flow start with net income under cash flow for operating activities section.
Account payable decrease over the year($36,600 - $32,100)
=$4,500
Inventory balance increase over the year($46,300 - $43,100)
=$3,200
Therefore, Nevada Boot would report operating cash flows of:
Net income....................................$217,000
Less:
Increase in inventory......... ($3,200)
Decrease in accounts payable.................................. ($4,500)
Cash flow from operating activities...............................$209,300
Answer:
The seller's maximum gain was $34,000.
Explanation:
After considering depreciation on the the building, it was still sold with a profit of $34,000. Also, the gain on the sale of the building is actually lesser than the amount of accumulated depreciation. Hence, the conclusion is that the seller's maximum gain was $34,000.
Answer and Explanation:
Option C is the correct answer
C. Higher wage rates and resource prices reduce short-run aggregate supply.
Answer:
There are three roles that should come into play: Subsidiaries, joint ventures, and licensing. The main role that should be used is joint ventures.
Answer:
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