Question
an equipment has a cost of $ 20,000 which is 40% depreciated sold for $ 14,000. the investing activities in the statement of cash flows
an equipment has a cost of $ 20,000 which is 40% depreciated sold for $ 14,000. the investing activities in the statement of cash flows should show
a. $ 14,000 inflow
b. $ 2,000 outflow
c. $ 14,000 outflow
d. $ 2,000 inflow
A measure of the percentage of each dollar of sales that results in net income is
a. return on assets.
b. return on stockholders' equity.
c. assets turnover
d. profit margin.
if the beginning cash balance is $ 5,000, the net cash inflow from operating activities is $ 20,000, net cash outflow from investing activities is $ (15,000) and net inflows from financing activities is $ 25,000. the cash balance at the end of the year is
a. $ 60,000
b. $ 65,000
c. $ 35,000
d. $ 30,000
Please please, I don't have enough time, help me
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