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3 years ago

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

Business

1 answer:

lesya [120]3 years ago

4 0

Answer:

c. $139,000 of net cash used.

Explanation:

Investing Activities shows results from Purchase or Sales of Assets or Investments.

Cash flow from Investing Activities

Purchase of equipment (150,000)

Proceeds from the sale of equipment 131,000

Purchase of land (120,000)

Net Cash used by Investing Activities (139,000)

Net cash flows from investing activities for the year were: ($139,000)

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Answer:

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Answer:

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A firm that sells e-books - books in digital form downloadable from the Internet - sells all e-books relating to do-it-yours

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Answer:

Profit maximizing price of the firm = 50 cents

Average total cost of e-book = $10.5

Explanation:

As per the data given in the question,

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