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padilas [110]
3 years ago
9

In preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the s

ale of equipment $ 14,800 Purchase of equipment 153,000 Proceeds from the sale of equipment 134,000 Repayment of outstanding bonds 91,000 Purchase of treasury stock 66,000 Issuance of common stock 100,000 Purchase of land 123,000 Increase in accounts receivable during the year 47,000 Decrease in accounts payable during the year 79,000 Payment of cash dividends 39,000 Net cash flows from investing activities for the year were:__________.a. $233,000 of net cash provided.b. $142,000 of net cash used.c. $142,000 of net cash provided.d. $127,200 of net cash used.e. $268,000 of net cash used.
Business
1 answer:
Alex777 [14]3 years ago
8 0

Answer:

b. $142,000 of net cash used.

Explanation:

The computation of the net cash flow from investing activities is shown below

= Purchase of equipment+ Proceeds from the sale of equipment  - Purchase of land

= -$153,000 + $134,000 - $123,000

= $142,000 of net cash used

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elixir [45]

Answer:

are still used by nations as a means of rewarding their friends and punishing their enemies

Explanation:

Trade barriers "are still used by nations as a means of rewarding their friends and punishing their enemies."

The above statement is based on the fact that trade barriers have been analyzed to be damaging and reduce the total economic advantage of the affected countries.

For example, the imposition of taxes on food imports and subsidies for farmers in advanced countries leads to overproduction and eventually dumping on world markets, thereby reducing the prices and affecting the developing countries' farmers.

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3 years ago
Sales of Schwinn's apartment-sized exercise machine have experienced a steady climb; however, the profits have been negative. Th
Alchen [17]

Answer:

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Explanation:

The life cycle of a product is characterized by the phases:

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3- maturity

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8 0
3 years ago
A post-closing trial balance should be prepared
yanalaym [24]

Answer:

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Explanation:

In Accounting,the main objective of preparing a post-closing trial balance is to ensure the completion and closure of all the temporary accounts and the equality between all the debit and credit entries have been consistently established once the closing entry has been done.Once the closing entries have been put into journal and finally posted in ledger,a detailed account or list of all the individual accounts along with their respective balances is prepared which is basically known as Post Closing Trial Balance Account.It includes all the unbalanced accounts from the original trial balance or the accounts which are not balanced based on debt and credit entries,at the end of the accounting or reporting year.Therefore,post-trial balance basically ensures that all the accounts entered in the original trial balance are zero balance or the debit and credit entries of all the individual accounts in trial balance are balanced or equal.

7 0
3 years ago
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4vir4ik [10]
I don't know by what you meant
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3 years ago
Deductible transportation expenses: a.Do not include daily expenses for transportation between the taxpayer's home and temporary
ad-work [718]

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3 0
2 years ago
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