A machine with a cost of $146,000, accumulated depreciation of $93,000, and current year depreciation expense of $21,000 is sold for $46,400 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
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- A machine with a cost of $144,000, accumulated depreciation of $92,000, and current year depreciation expense of $20,500 is sold for $45,600 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:A machine with a cost of $144.000, accumulated depreciation of $92,000, and current year depreciation expense of $20,500 is sold for $45,600 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $46,400. $6.400. $20,500 Prev 6 of 10 Next > 6:35 PM 3/28/2022If a gain of RO 20,.000 is made in relation to selling (for cash) office equipment having a book value of RO Bo.000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is Select one O a RO 60,00o. O b RO20,0o0. c RO 100,000. O d RO 80.0o00.
- The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-159,000 1 $59,000 2 $59,000 3 $59,000 4 $59,000 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Calculate the cash payback period using the formula method. Payback: Answer yearsBalance of Cash after AJE (in unit dollars, two decimal places, use standard accounting rounding): After completing Part C of the term project you have the following: Revenue 100,000.00 15,000.00 45,000.00 CGS Costs Depreciation 15,000 Salaries 30,000 Net Income Assets Cash 40,000.00 110,000.00 20,000.00 Equipment 100,000.00 AD Equipment (10,000.00) Answer: Liabilities 70,000.00 Salaries Payable 70,000.00 Net Income 40,000.00 Total Liabilities + OE 110,000.00Determine the cash fixed costs which are used when calculating EBDAT: Administrative expenses = $100,000; Rent expenses expenses = $50,000; and Interest expenses = = $70,000; Depreciation $20,000.
- Based on the following information, compute cash flows from investing activities under GAAP.Cash collections from customers $800Purchase of used equipment 200Depreciation expense 200Sale of investments 450Dividends received 100Interest received 200A machine with a cost of $138,000 and accumulated depreciation of $93,000 is sold for $54,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $54,000. $9,000. $45,000. Zero. This is a financing activity. Zero. This is an operating activity.Based on the following cash flows (t=0 to t=5), calculate the Precise(Exact) ERR. Assume the MARR is at 10%. t=0 receipt of $20,000. t=1 disbursement of $15,000. t=2 disbursement of $10,000. t=3 no cash flow t=4 no cash flow t=5 receipt of $2,400. 2.82% 6.78% 9.26% 4.17% 1.43%
- A machine with a cost of $175,000 and accumulated depreciation of $94,000 is sold for $87,000 cash. The amount reported as a source of cash under cash flows from investing activities is:Use the Indirect Method to calculate the Cash Flow form operation activities, when net income is 100,000 and depreciation amount is 4500. Additionally, the beginning of period balance for accounts receivable, Inventory and Accounts Payable are 5600, 4500 and 3500, respectively. While, the End of period balances for accounts receivable, Inventory and Accounts Payable are 8100, 3500 and 4800, respectively.Determine the cash fixed costs which are used when calculating EBDAT:Administrative expenses = $100, 000; Rent expenses = $70,000;Depreciation expenses = $50,000; and Interest expenses = $20,000