1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jet001 [13]
3 years ago
14

Firefly Inc. sold land for $225,000 cash. The land had been purchased five years earlier for $275,000. The loss on the sale was

reported on the income statement. On the statement of cash flows, what amount should Firefly report as an investing activity from the sale of the land?$500,000$50,000$225,000$275,000
Business
1 answer:
baherus [9]3 years ago
8 0

Answer:

It will report 225,000

Explanation:

In the cash flow statment we focus on the cash received or used during the year. This is regardless of the gain or loss. When it was adquire the cash flow show use of cash for 75,000. Now, the land is sold. The company receive 225,000 cash. This amount is posted in the cash flow statement, as cash generated for investing activities.

<u>Resuming:</u>

On cash flow, you have to follow the money, not the gain or loss. If there is no cash receipt or disbursement, then you will not post anything.

You might be interested in
when pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management functi
Arte-miy333 [17]

When pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.

This statement is true.

Planning means looking ahead and chalking out the  future courses of action to be followed. It is a preparatory step of every management . It is a systematic activity which determines the process of  when, how and who is going to perform a specific job.

Planning is a detailed programme which is related to  future courses of action.

To know more about planning here:

brainly.com/question/22590420

#SPJ4

5 0
1 year ago
The northern vision of the Reconstruction-era southern economy included all of the following EXCEPT:
IceJOKER [234]

Answer:

A. the labor system would be as close to slavery as possible, thereby assuring high productivity.

Explanation:

The Reconstruction - era of northern version was clearly impacted on Slavery.

As the main objective of such reconstruction was to remove slavery at maximum. And with the end of such reconstruction era there was an end to slavery.

Accordingly, new constitutional rights to people earlier under slavery were provided.

Now, therefore, statement a in the given instance which provides for close relation between labor system and slavery is incorrect.

Incorrect Statement is:

A. the labor system would be as close to slavery as possible, thereby assuring high productivity.

4 0
3 years ago
Item
vodka [1.7K]

What Muhammad found unsatisfactory about the Certificate of deposit is that the return on the investment was too low.

Basically, a certificate of deposit is under a Short term investment instrument which yields low interest value for investors.

The Short term investment yields on investment are low because it is for short period of time and involves lesser risks. Other instruments under Short term investment includes Money market etc.

Therefore, the option C is correct because the Certificate of deposit was seen as unsatisfactory by Muhammad because the return on the investment was too low.

Learn more about this here

<em>brainly.com/question/6564414</em>

7 0
2 years ago
Alice is an employee of Mid-State Realty Services. She would likely be required to do which of the following?
masha68 [24]

Answer:

The correct answer is B. Attend weekly staff meetings at the office.

Explanation:

Taking into account the nature of the organization (real estate sector), where sellers are assigned a quantity X of properties, they must usually account for their weekly activities. For which it is necessary to attend meetings held in order to assess trends, achievement of objectives, etc.

7 0
3 years ago
The management of supply chain inventories focuses on: No Answer Selected
Dennis_Churaev [7]

Answer: both internal and external inventories

     

Explanation: In simple words, supply chain inventories refers to the  raw material, finished goods and work in process inventories like factors that together constitutes a supply chain.

Management of supply chain refers tot he process in which the organisation tries to control and maintain the flow of inventories from on stage to the other with the ultimate objective of keeping the supply of finished goods smooth throughout the period.

It starts from procuring the suitable raw materials in right quantity and right time after that it monitors the manufacturing unit so that production is done in appropriate time period and finally makes sure that finished goods will be supplied to the market as per the time period specified by the wholesalers or retailers.

7 0
2 years ago
Other questions:
  • A large, new diamond mine has just opened, and the price of diamonds has gone down. Since she has studied economics, Cecilia dec
    5·2 answers
  • A business is concerned with many day-to-day activities. Some of the most important of these activities are the planning and dev
    14·1 answer
  • Jenna would like to work as a computer programmer. While in college, Jenna worked in a bookstore, where she eventually moved up
    6·2 answers
  • Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior.
    7·1 answer
  • Select the correct answer.
    8·1 answer
  • Maxim Company had the following partial listing of accounts and balances at year-end: Cash, $7,000; Accounts Receivable, $6,000;
    6·2 answers
  • What two words are often associated with centrally planned economies?
    12·2 answers
  • For banks, online transactions are an inexpensive alternative to branch banking. Transaction costs are about ________ per online
    15·1 answer
  • Take It All Away has a cost of equity of 11.17 percent, a pretax cost of debt of 5.32 percent, and a tax rate of 40 percent. The
    5·1 answer
  • A small business sold an equipment for $30,000 after depreciating the equipment using the MACRS depreciation method. The applica
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!