$202,500 cost of office equipment-Not shown on statement-Not applicable
$84,375 accumulated depreciation-Not shown on statement-Not applicable
$101,250 sales price-Cash flows from investing activities-Added
$16,875 loss on sale of equipment-Cash flows from operating activities-Added
What is cash flow statement meaning?
A cash flow statement is a type of financial statement that gives total information about all of the cash inflows a business makes from continuing activities and outside investment sources. It also includes any cash outflows made within a specific time period to cover investments and business expenses.
What are the 3 types of cash flows?
Cash flow from operating operations, cash flow from investment activities, and cash flow from financing activities are the three types of cash flow that businesses should monitor and evaluate to assess their liquidity and solvency. On a company's cash flow statement, all three are listed.
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Answer:
B. Wealth Effect
Explanation:
First, let's remind that downward-sloping aggregate demand means that as the price level falls, the demanded output quantity rises. There are mainly three reasons that explain this: the interest rate effect, the exchange rate and our answer to this question, Wealth Effect.
Wealth Effect means that if prices are lower, that makes people wealthier, as with the same money they can buy more goods or services than they could buy before, therefore demanding more output. So you see, the Wealth Effects is one of the explanations of this inverse relationship between the price level and the aggregate demand.
Answer:
The correct option is C,Abby and Zeke are personally liable
Explanation:
Being personally liable means that if the amount of assets available in the joint venture is not enough to pay back the debts owed by the joint venture, the joint venturers would have to pay the debt balance from private pockets.
Option A is applicable to limited liability companies as well as limited liability partnerships.
Option B is also wrong based on the point cited for option A.
The same issue applies to Option D.
In other words, options A,B and D are only applicable to limited liability situations and the joint venture is not a limited liability business.
a strategy that leads to one player's interests dominating the interests of the other players.
