What the total amount reported in the cash flow

Assignment Help Financial Accounting
Reference no: EM132920657

Problem 1: If a loss of $12,500 is incurred in selling (for cash) office equipment having a book value of $50,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is

a. $62,500

b. $37,500.

c. $50,000.

d. $12,500

Reference no: EM132920657

Questions Cloud

Different approaches in data mining : There are many different approaches in Data Mining. Explain and provide an example of the "Statistical Procedure Based Approach" in Data Mining?
Prepare consolidation journal entry that large ltd will need : Large Ltd owns 100% of the shares of Small Ltd. Prepare the consolidation journal entries that Large Ltd will need to pass on 30 June 2020.
Describe the documentation should review : What resources might you consider? As a new controller, describe the documentation you should review with regards to your department.
History of computers and science : Write a detailed paper on the history of computers and science how they are related? and how did they change the world?
What the total amount reported in the cash flow : If a loss of $12,500 is incurred in selling,What the total amount reported in the cash flows from investing activities section of the statement of cash flows is
Advise ben on buying the accord discussing relevant factors : The Accord's insurance will be $210 per month. Ben believes he will be able to sell the Accord.Advise Ben on buying the Accord, discussing all relevant factors.
Compare different file systems : Discuss and compare different file systems, in terms of Memory usage, process requirements, computational cost, system overhead, efficiency and reliability?
Computer science and engineering : Compare and contrast software testing methods. How would these testing methods apply to an autonomous [self-driving] vehicle?
Why need to establish regulations in the financial reporting : Australian Securities and Investments Commission, Why need to establish regulations in the financial reporting area from the pro-regulation perspective.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Briefly outline the framework adopted

Identify any professional standards and regulatory requirements which have been breached and explain the impact of the breaches.

  How much is the discount on notes receivables

Chai Na signed a non-interest bearing note for P 400, 000 in four equal installments every december 31. How much is the discount on notes receivables

  Compute what is the weighted average cost of capital

50% debt and 50% equity, a before-tax cost of debt of 5%, and a marginal tax rate of 20%, what is its weighted average cost of capital?

  A prepaid account is an expense account

At December 31, 2016, Company A has assets of $430,000 and liabilities of $205,000. Based on this information and your understanding of the accounting equation, which of the following statements are true? A prepaid account is an expense account. Cons..

  What is all included on the income statement

What is all included on the income statement? rent expense, is income tax expense another and how about cost of good sold? Provide the suitable example

  What is the value of the impairment loss

What is the value of the impairment loss? An asset group is being evaluated for an impairment loss, The financial information is available

  Find which is the adjusted cost base of the preferred shares

Find Which is the adjusted cost base of the preferred shares (first) and the adjusted cost base of the common shares (second)?

  What is the balance in the non controlling interest account

During the year Stone reported $280,000 in net income and paid dividends of $50,000. What is the balance in the non controlling interest account on Palm's balance sheet on December 31, year 1?

  Corporation purchased factory equipment using cash

A corporation purchased factory equipment using cash. Which of the following statements regarding this purchase is correct?

  Specializes in costumes for all occasions

Specializes in costumes for all occasions. The average price of each of its costumes is $310. For each occasion, S2BU receives a 30 percent deposit two months before the occasion, 50 percent the month before, and the remainder on the day the costume ..

  Prepare a customer profitability analysis for expert travels

Prepare a customer profitability analysis for Expert Travels and Evon Cosmetics and comment on the relative profitability of the two customers by computing the gross margin, net profit margin and any other relevant ratios.

  Which investors would likely prefer a cash dividend

Which investors would likely prefer a cash dividend over a stock dividend? Layton prefers when companies let him decide how to benefit from his dividends.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd