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Assoli18 [71]
3 years ago
7

A machine with a cost of $144,000, accumulated depreciation of $92,000, and current year depreciation expense of $20,500 is sold

for $45,600 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
Business
1 answer:
Ghella [55]3 years ago
7 0

Answer:

$45,600

Explanation:

Only cash entries are reported into the cash flow report.

Thus we only report $45,600 cash into “Sale of assets” of investing activities.

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___________ is a process used to test consumer reactions about a product among potential users.
aleksandrvk [35]

Answer:

the correct answer is D

Explanation:

Test marketing is a process used to test consumer reactions about a product among potential users.

good luck

5 0
3 years ago
Read 2 more answers
What is a major disadvantige of a centrally planned economy
cupoosta [38]

Answer:

Lack of competition

Explanation:

A centrally planned economy lack competitiveness. The government decides what to produce, the price, and the distribution channel. Because of these restrictions, there is no motivation for profits. Without competition, a centrally planned economy will have the following features.

  1. There be a lot of inefficiency and wastefulness.
  2. Consumers will not have a variety of goods and services to choose from in the markets.
  3. Businesses will make low profits.
6 0
3 years ago
Which of the following is the LEAST important consideration for safeguarding business assets? Options
Gnesinka [82]

Answer:

Out of the options listed the LEAST important consideration for safeguarding business assets is:

4) geography

Explanation:

Asset protection or safeguarding assets is the practice of covering the assets in case of a law sue, bankruptcy or another event that can generate that the owner of an asset lose them.

For this you must have a clear idea of what an asset is: an asset is a belonging whose ownership is entitled to a person. In this sense, bank accounts, apartments or houses, yates, cars, stocks, bonds are all examples of assets.

Nowadays there are several instruments in order to protect an asset: insurances, putting assets in the name of your spouse or a company. Regardless in the protection measure you use to cover your assets you must have clear, what is the type of asset you want to protect, the monetary value, and the physical size. but geography does not get to be an important consideration when safeguarding them.

6 0
3 years ago
What is the reason for putting yourself on a budget?
choli [55]

Answer:

C

Explanation:

Helps you gain control of your finances and helps you achieve goals

7 0
2 years ago
Edelman engines has $20 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $10 billion in long-
Lemur [1.5K]

<u>Calculation of Edelman's market/book ratio:</u>


The market/book ratio is calculated with the help of following formula:

Market/book ratio = Market price per share / Book value per share


The Book value per share can be calculated as follows;

Book value per share =Common Equity/ Shares of common stock outstanding

= 8,000,000,000 /500,000,000

= 16

Hence ,

Market/book ratio = 25/16 = 1.56


Hence, Edelman's market/book ratio is <u>1.56</u>





5 0
3 years ago
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