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Answer:
The $59,500 is the amount that should be reported as a source of cash under cash flows from investing activities.
Explanation:
Investing Activity: It is the activity of the cash flow statement in which the purchase and sale of fixed assets are recorded. The purchase of fixed assets is an outflow of cash which means the amount should be in negative, whereas the sales of fixed assets is an inflow of cash that means the amount should be positive.
Since in the question, the machine was sold for $59,500 in cash which comes under investing activity.
Hence, the $59,500 is the amount that should be reported as a source of cash under cash flows from investing activities.
True.
Torts are "bad acts" and tort law provides remedies for dealing with them in life and business.
Answer:
Value added income = $75
Consumption Expenditure = $675
investing spending = 0
GDP is = $675
Explanation:
given data
jeans purchased = 60 pairs
paid = $10 for each pair
sold = 45 pairs
sold = $15 each
solution
we get here first Value added income Walmart that is express as
Value added income = value of sold - value of bought ..............1
Value added income = (15 × 45) - (10 × 60 )
Value added income = $75
and
Consumption Expenditure will be
Consumption Expenditure = (15 × 45)
Consumption Expenditure = $675
and
investing spending will be = 0
because here in this month no more investment is done
and
GDP will be final value of goods sold at month end is
GDP is = $675
Answer:
A. Businesses are able to sell products to customers around the world.
Explanation: