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3 years ago

Classify the following cash flows as either operating, investing, or financing activities assume indirect method.

Business

1 answer:

pshichka [43]3 years ago

6 0

Answer:

Operating Activities

Received cash payments from customers.

Purchased inventories with cash.

Paid cash interest on outstanding notes.

Paid accounts payable with cash.

Investing Activities

Sold stock investments for cash.

Received cash from sale of equipment.

Received cash dividends from investments.

Financing Activities

Received cash from short-term debt issuance.

Paid cash dividends.

Received cash from long-term debt issuance.

Explanation:

Operating Activities consist of trading activities of the business.

Investing Activities consists of acquisition and sale of investments

Financing Activities costs of sourcing and repayments of sources of finance

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Political systems, the systems of government in nations, differ from country to country. It is important to understand the natur

Verdich [7]

Answer:

Collectivism; democratic; totalitarian.

Explanation:

Political systems, the systems of government in nations, differ from country to country. It is important to understand the nature of different political systems and develop an awareness of and appreciation for the significance of national differences. Political systems are assessed according to two dimensions. The first is the degree to which they emphasize collectivism as opposed to individualism. The second is the degree to which they are democratic or totalitarian. These dimensions are interrelated and may share certain characteristics.

Collectivism can be defined as an economical, political or cultural system in which communities (group of people) are generally valued over individuals.

On the other hand, individualism is a sharp contrast to collectivism because it is an economical, political or cultural system in which individuals are generally valued over communities (group of people).

Also, a democratic government is a form of government of the people, by the people and for the people.

Totalitarianism can be defined as a form of centralized government that has an absolute control over the state. Thus, totalitarianism completely prohibits individual freedom, opposing ideologies, principles, political parties, and requires the people to be subservient to the state.

Simply stated, totalitarianism is an autocratic or dictatorial form of government.

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3 years ago

Sheila loses her credit card and calls her credit card company to report the card stolen. Sheila's sister, Carmen, also loses he

SashulF [63]

D) sheila is not liable for unauthorized charges made on her card after she reports it stolen.

Also, the last sentence had a grammatical error. --> Past participle without an auxiliary verb.

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4 years ago

________ is money that is borrowed with the promise to pay it back.

Zielflug [23.3K]

B - credit because that's the money you pay back to make sure that you make se credit for yourself

7 0

4 years ago

At the beginning of the year, Plummer’s Sports Center bought three used fitness machines from Advantage, Inc. The machines immed

Nata [24]

Answer:

1) Journal Entry

Debit Depreciation Expense $11,714 Credit Accumulated Depreciation on : Machine A $3,400, Machine B $2,500 Machine C $5,814

Explanation

Machine A Machine B Machine C

Purchase Price $22,900 $32,100 $19,550

Installation cost $1,900 $2,400 $900

Renovation cost $4,200 $3,000 $1,600

Total Cost $29,000 $37,500 $22,050

Residual Value -$1,800 -$3,000 -$1,700

Depreciable value $27,200 $34,500 $20,350

Depreciation method:

Straight line = (Cost- Residual Value)/useful life = 27,200/8 yrs = $3,400

Units of production = Depreciable value * units produced / total units that can be produced over the life = 34,500 * 5,000/69,000 =$2,500

Double declining Balance = 2 * (cost of asset - Residual Value ) /Useful life

= 2*(20,350/7) = $5,814

Depreciation Expense = $3,400 + $2,500 + $5,814 = $11,714

To get total cost, we add all the costs incurred for the asset to be in the location where it will operate in and also add the cost incurred to make the Asset be in a working Condition.

Depreciation value = cost - residual value

Depreciation expense is recorded at total only accumulated depreciation is separated.

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3 years ago

The law of comparative advantage suggests thata.both countries would gain if Botswana traded wheat grown in Botswana for Qatar's

Marina86 [1]

Answer:

A)both countries would gain if Botswana traded wheat grown in Botswana for Qatar's wine.

Explanation:

The law of comparative advantage can be regarded as one set up by David Ricardo in the year 1817, which gives reason that is behind international trade that exist between different countries , even the business, workers as well as factories of a country have efficiency at production of every single good compare to other country.

Comparative advantage shows the ability of an economy have in production of a particular good/ service having lower opportunity cost compare to its trading partners.

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3 years ago