subject
Business, 13.12.2019 18:31 klafleur18

Afirm sold property, plant, and equipment for cash proceeds of $4,200. the equipment originally cost $8,160. the company recorded a loss on sale of $2,520. the company uses the indirect method to prepare its statement of cash flows.

which of the following amounts would be included in cash from operations and cash from investing respectively?

a. $2,520 and $3,300
b. $4,200 and $2,520
c. $2,520 and $4,200
d. $2,520 and $0
e. none of the above

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.
Answers: 3
question
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
question
Business, 22.06.2019 19:50
What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849
Answers: 3
question
Business, 23.06.2019 01:30
True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.
Answers: 1
You know the right answer?
Afirm sold property, plant, and equipment for cash proceeds of $4,200. the equipment originally cost...
Questions
question
Mathematics, 13.01.2021 23:30
question
Mathematics, 13.01.2021 23:30
question
English, 13.01.2021 23:30
Questions on the website: 13722360