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vichka [17]
3 years ago
13

Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. Paid $89,000 cash for a n

ew truck. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000. Long-term investments in stock were sold for $60,800 cash, yielding a gain of $4,150. Use the above information to determine cash flows from investing activities.
Business
1 answer:
anzhelika [568]3 years ago
4 0

Answer:

Net cash provided by investing activities $221,100

Explanation:

The computation of the cash flows from investing activities is shown below:

Sale of equipment (65300 - 14000) 51300

Less: Purchase of new truck -89000

Add: Sale of land   198000

Add: Sale of Long-term investments 60800

Net cash provided by investing activities $221,100

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Pension data for David Emerson Enterprises include the following:
iragen [17]

Answer:

$159

Explanation:

Calculation to determine the service cost component of pension expense for the year ended December 31.

Projected benefit obligation, December 31 555

Add Benefit payments to retirees, December 31

Less Interest cost $54

(12%*450)

Less Projected benefit obligation, January 1 $450

service cost $159

7 0
3 years ago
Data analytics, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely
mojhsa [17]

<u>Data analytics</u><u>, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely be assumed that the firm is ​</u><u>manager-managed.</u>

<u>What is a limited liability company LLC ?</u>

  • A limited liability company (LLC) is a type of business structure that combines the traits of corporations and partnerships.
  • It has TWO PRIMARY FEATURES: (1) the shareholders of corporations are granted limited liability; AND. (2) The tax treatment of a partnership.

What advantage does the LLC form of business ownership offer ?

  • An LLC offers both the limited liability of a corporation and the tax status of a partnership.
  • Benefits: LLCs are more flexible and let non-resident aliens, partnerships, and corporations join.

What is one benefit of a limited liability company over a corporation?

  • The limited liability protection that the name suggests is an LLC's main advantage.
  • An owner's personal assets may be protected from business debts and lawsuits asserted against the company if they operate through an LLC.

Learn  more about limited liability company

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5 0
2 years ago
A minor explosion occurs at the chemical processing plant of Clement Inc. In order to study the situation and make recommendatio
Dominik [7]

Answer:

A. Safety engineers

Explanation:

Safety engineers are engineers who combine both health and safety in measures while developing procedures and systems with the aim of safeguarding and protecting people from getting injury and illness in the work place or environment. Their job description involves analyzing reasons for accidents, identifying potential hazards, suggesting procedures that can be taken by personnel in that workplace to protect themselves from harm and also preventing the occurence of accidents by bringing in accident proof systems of operations.

4 0
3 years ago
Why is the International System of Units (SI) used by scientists all over the world?
borishaifa [10]

Answer:

It allows scientists from disparate regions to use a single standard in communicating scientific data without vocabulary confusion.

Explanation:

8 0
3 years ago
A partial listing of costs incurred during March at Febbo Corporation appears below: Factory supplies $ 9,000 Administrative wag
Anika [276]

Answer:

$ 68,000

Explanation:

The total manufacturing overhead costs should include the following heads:

Factory Supplies                                           $    9,000

Factory depreciation                                    $   33,000

Indirect labor                                                 $  26,000

Total manufacturing overhead                    $  68,000

The direct materials and direct labor are not part of the manufacturing overhead. though they are part of the manufacturing costs.

The admin  wages and salaries, corporate headquarters rent and the marketing costs are not manufacturing costs

7 0
3 years ago
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