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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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When a factory is operating in the short run,
kirill115 [55]

Answer:

B. it cannot adjust the quantity of fixed inputs

Explanation:

The short run is the conceptual time period where at least one factor of production is fixed in amount while other factors are variable in amount.

Fixed costs have no impact on a firm's short run decisions

3 0
3 years ago
ABC Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the producti
scoray [572]

Answer:

6,237

Explanation:

For computation of Abnormal spoilage totals first we need to find out the total spoiled units and normal spoiled units is shown below:-

Total spoiled units = Units in beginning Work in progress + Unit started - Units completed and transferred out - Units in ending Work in progress

= 23,000 + 76,500 - 72,100 - 19,000

= 99,500 - 72,100 - 19,000

= 8,400

and

Normal Spoiled units = Units completed and transferred out × Spoiled units percentage

= 72,100 × 3%

= 2,163

Abnormal Spoilage totals = Total spoiled units - Normal Spoiled units

= 8,400 - 2,163

= 6,237

Therefore for computing the abnormal spoilage totals we simply applied the above formula.

4 0
4 years ago
A great business idea is
yarga [219]
The answer is D because it is not a
5 0
3 years ago
arren has a loan with an effective interest rate of 5 percent per annum. He makes payments at the end of each year for 10 years.
Bond [772]

Answer:

interest portion of fifth payment = $66.89 ≈ $67

Explanation:

effective interest rate = 5% yearly

first payment = $200

second payment = $210

third payment = $220

fourth payment = $230

fifth payment = $240

sixth payment = $250

seventh payment = $260

eighth payment = $270

ninth payment = $280

tenth = $290

using a financial calculator, I determined the present value (principal) of the loan = $1,860.87

then I prepared an amortization schedule:

interest portion of fifth payment = $66.89 ≈ $67

Download pdf
6 0
3 years ago
An optimizing consumer currently spends money on many goods. The last ticket to a baseball game she bought cost $15 and gave her
OLga [1]

Answer:

Number of utils that will be received from the purchase is 6.667 utils.

Explanation:

At Optimum:

Pa / Pb = MUa / MUb

Where;

Pa = Price of the baseball game = 15

Pb = Price of the movie ticket = 10

Now,

15/10 = 10/MUb

1.5 = 10/MUb

MUb = 6.667 utils

Thus, the number of utils that will be received from the purchase is 6.667 utils.

7 0
4 years ago
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