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3 years ago

Exercise 12-7 cash flows from investing activities lo p3

Business

1 answer:

Oksi-84 [34.3K]3 years ago

5 0

Cash flow from investing activities are as follows:

Sale of Equipment $51300

Purchase of Truck ($89000)

Sale of Land $198000

Sale of Long Term Investments $60800

Net Cash Flow from Investing Activities $221100

Calculation of Receipts from sale of equipment are as below:

Book Value of Equipment 65300

Less Loss on Sale 14000

Proceeds from sale 51300

We shall ignore original coat of the asset to calculate the above. Also only cash flows shall be considered to find the cash flow from investing activities.

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The ________ phase of the customer relationship management process is where organizational learning occurs based on customer res

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The analysis and refinement  phase of the customer relationship management process is where organizational learning occurs based on customer response to the implemented strategies and programs.

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3 years ago

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Which of the following is not an example of a multichannel retailer?

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Answer:A

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Explanation:

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3 years ago

An ad for Maybelline age-minimizing makeup in Ladies' Home Journal magazine featured actress Gigi Hadid and offered readers a $2

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4 years ago

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As a group, oligopolists would always be better off if they would act collectively.

Afina-wow [57]

As a group oligopolists would always be better off if they would act collectively as a single monopolist.

Why do oligopolists act together?

By acting together oligopolistic firms can hold down industry output, charge a higher price, and divide up the profit among themselves.
When firms ac t together in this way to reduce output and keep prices high, it is called collusion.

What are the advantages of oligopoly?

An oligopoly can adopt a competitive strategy.
The extra profits earned from an oligopoly can go into research and development.
It can bring price stability to the market.
Oligopolies can offer more information to their consumers.

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2 years ago

Rich Company's unadjusted book balance at October 31, 2014 is $2,550. The following information is available for the bank reconc

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Answer:

The correct answer is $2,860.

Explanation:

According to the scenario, the given data are as follows:

Unadjusted book balance = $2,550

outstanding checks = $600

Deposit in Transit = $450

Bank service charges = $90

Bank collected account receivable = $1000

.Check written by Rich's customer = $600

So, true cash balance can be calculated as follows :

Cash balance = $2,550 + $ 1000 - $90 - $600

= $2,860

Hence, the correct answer is $2,860.

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3 years ago