Answer:
The correct answer is $97,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the net cash provided by using the following formula:
Net cash = Net income + Depreciation expense - Gain on sale of land - Increase in merchandise inventory + Increase in accounts payable
By putting the following value in the formula, we get
Net Cash = $86,600 + $13,300 - $7,000 - $3,350 + $7,450
= $97,000
Hence, the net cash provided is $97,000.
Answer:
b. $400,000
Explanation:
According to the historical cost principle, the land or fixed assets should be reported in the financial statement with the purchase price or historical price.
In the given situation, the land receiving value is $400,000 and its fair market value or FMV is $500,000 and exchange value is $300,000
So, here the land should be recorded at $400,000. Hence, we ignored the fair market value and the exchanged value
The correct answer is when “the government has a role in moderating the basic welfare of all its citizens.”
John Keynes was an economist who supported the concept that government intervention can stabilize an economy. He believed that capitalism works best when the government has a role in moderating the basic welfare of its citizens.
If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a <u>Free trade agreement. </u>
<h3>What would a free trade agreement do?</h3>
A free trade agreement allows for countries to be able to trade without any restrictions.
Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.
In conclusion, this is a free trade agreement.
Find out more on free trade agreements at brainly.com/question/2201430.
The answer should be B) Online Conversation.
Why is it B) U may ask? Its B) because Wikipedia is a site with false answers because ANYBODY, I mean ANYBODY, can just edit it themselves with probably true information, or even MORE likely false because anybody can change the stuff on there.