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Evgesh-ka [11]
2 years ago
6

How to calculate rate of return.

Business
1 answer:
Irina18 [472]2 years ago
8 0

Answer:

profit- loss

Explanation:

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Which business letter feature is found at the top of the page?
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Sheffield Corp. sold some of its plant assets during 2021. The original cost of the plant assets was $904000 and the accumulated
JulsSmile [24]

Answer:

The correct answer is Option C.

Explanation:

In the indirect cash flows statement, there are 3 sections, namely: net cash flows from operating activities, net cash flows from investing activities and net cash flows from financing activities.

The items in the question only affect the first two. Under the net cash flows from operating activities, we need to subtract the gain realized from the disposal of the plant assets from net income, which is Sales proceed minus Net book value, i.e., $90,800 - ($904000- $843000) = $29,800.

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8 0
3 years ago
Bain corp. owned 20,000 common shares of tell corp., purchased in year 1 for $180,000. on december 15, year 5, bain declared a p
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Answer:

$300,000

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