User Account

All Pages

What amount innovativeness report on cash flows statement

Assignment Help Accounting Basics
Reference no: EM132184638

Question - Camera Co. sold equipment with a cost of $22,000 and accumulated depreciation of $6,000 for an amount that resulted in a gain of $5,000. What amount should Innovativeness report on the statement of cash flows as "proceeds from sale of plant assets"?

A. $11,000

B. $16,000

C. $21,000

D. Some other amount

Reference no: EM132184638

Questions Cloud

Discuss the areas of employee safety : Discuss the areas of employee safety that are most important to you. Do you feel the organization has the same concerns as you? Why?
Calculate the cash collected from the customers : If credit sales for the year were $750,000, the cash collected from the customers during the year amounted to
How an employee compensation can influence behavior on job : Using an online databases from an Online Library, locate a scholarly, peer-reviewed article regarding how an employee's compensation can influence.
Describe ways in which economic integration can be implement : Describe ways in which economic integration can be implemented, including some specific and recent examples.
What amount innovativeness report on cash flows statement : What amount should Innovativeness report on the statement of cash flows as "proceeds from sale of plant assets"
What role do emotions play in the workplace : What role do emotions play in the workplace? What are ways to build empathy and trust in organizational relationships?
Why do they believe it pays to pay differently : Think of a company that follows a lag policy and a company that follows a lead policy. Why do they believe it pays to pay differently?
How much should be reported as net cash provided : Accounts receivable increased by $11,000. How much should be reported as net cash provided by operating activities by the indirect method
Is the face value of a note receivable exchanged : Is the face value of a note receivable exchanged for goods and services always equal to the sales value of the transaction? Explain

Reviews

Write a Review

Accounting Basics Questions & Answers

  Youth services agency (ysa) is a vhwo that provides

Youth Services Agency (YSA) is a VHWO that provides counseling and recreation programs for youthful offenders. YSA programs are financed through a contract with the county in which the agency is located and through contributions from local citizen..

  Journalize entries for transactions of blue moon company

Journalize entries for the following related transactions of Blue Moon Company: Purchased $43,000 of merchandise from Sierra Co. on account, terms 2/10, n/30

  Logical models for the customer order form

During a meeting with Hoosier Burger project team members, you review the four steps in logical database modeling and design. It will be your task to prepare the logical models for the Customer Order Form, Customer Account Balance Form, Daily Deli..

  Niagara corporation purchased a one-year insurance policy

niagara corporation purchased a one-year insurance policy in january 2010 for 66000. the insurance policy is in effect

  What is the minimum percentage price increase

If the price of the common stock rises to $20, what is the minimum percentage price increase the holder of the preferred stock should experience

  Calculate the incremental net operating

barker company has a single product called a zet. the company normally produces and sells 86000 zets each year at a

  Suppose that sales are 30 percent higher than budgeted by

sharda company is considering two different processes to make its product - process 1 and process 2. process 1 requires

  What amount of depreciation will laguna madre record

Refer to SuperByte Corporation. What amount of depreciation will Laguna Madre record in its income statement on December 31 of the current year?

  What can adam claim as a tax deduction

The following taxes were paid by Adam Smith. Real estate taxes on his home: $3,000. What can Adam claim as a tax deduction on Schedule A

  At what price will your bond be sold

Two years ago your corporate treasurer purchased for the firm a 20-year bond at its par value of $1,000. The coupon rate on this security is 8 percent.

  Discuss international eco-tourism business

Leslie has stayed late in the office because tomorrow she has back-to-back meetings. What ratios would each of the following groups be most interested in

  Prepare a multiple-step income statement for reed company

Prepare a multiple-step income statement for the Reed Company for 2013, showing 2012 information in comparative format

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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