In a condition wherein a machine costing $148,000 and accumulates depreciation of $103,000 is sold for $59,000 cash, then the amount that should be reported as a source of cash under the cash flows from investing activities will be $59,000. Therefore, the option C holds true.
Cash flows from investing activities include the amount(s) spent by an organization over investing in different classes of assets with a view to pursue monetary returns. They include the amounts that are received or sent as cash at the time of purchase or sales of an asset of an organization.
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Complete question
g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:
a. Zero.
b. This is a financing activity.
c. $59,000.
d. $14,000.
e. This is an operating activity.
f. $45,000.
As the other person said fill in what
Answer: Structural unemployment
Explanation:
Structural unemployment occurs when the skills needed by the job market are not the skills that unemployed people have.
It usually happens as a result of an improvement in technology because the technology introduced would make the skills that the previous workers had obsolete.
In this scenario, the introduction of more efficient elevators reduced the need for elevator operators so their skills were no longer needed and they became unemployed.
Answer:
Final Value= $13,585.46
Explanation:
Giving the following information:
You decide to invest in the stock market, which has earned about 11% per year over the past 80 years and is expected to continue at this rate. You decide to invest $1,000 today for 25 years.
We need to use the following formula:
FV= PV*(1+i)^n
FV= 1000*(1.11)^25= $13,585.46
