User Account

All Pages

What is the amount of net cash from investing activities

Assignment Help Accounting Basics
Reference no: EM132608487

Question - JJ's Diner bought an automatic pancake maker for $4,000, received $1,200 for the sale of the machine, and repaid a $2,000 loan. What is the amount of net cash from (or used for) investing activities?

a. $3,200

b. ($2,800)

c. ($4,800)

d. $5,200

Reference no: EM132608487

Questions Cloud

Compute the capitalized cost of the land : Property taxes paid were $3,200, of which $270 covered the period subsequent to the purchase date. Compute the capitalized cost of the land
Antivirus protection : How often should you update your antivirus protection? Is the manual quick scan good enough protection for a system?
How much cash did it pay to suppliers : Very Good Building Company had the following accounts in 2018 and 2019: Net Income $275,000. How much cash did it pay to suppliers
Explain the key differences between the two approaches : Explain the key differences between the two approaches considering: Control risk, control testing and amount of substantive testing required
What is the amount of net cash from investing activities : JJ's Diner bought an automatic pancake maker for $4,000, received $1,200 for the sale of the machine, What is the amount of net cash from investing activities
Satellite communication solutions : Some businesses have no alternative but to use satellite communication solutions.
Evaluate the heat transfer rate through a sphere : Using Fourier's Law of heat conduction q/A = -k dT/dx, Evaluate the heat transfer rate through a sphere.
What is the rate of heat transfer : What is the rate of heat transfer per unit area through a 1-cm thick stainless steel plate with inside and outside temperature of 110°c and 750c, respectively
Determine the exact after-tax irr for investment : The cost of a new machine is $110,000 and it is expected to reduce the labour cost by $30,000 per year. The salvage value of the machine

Reviews

Write a Review

Accounting Basics Questions & Answers

  Major instrument inc manufactures two products missile

major instrument inc. manufactures two products missile range instruments and space pressure gauges. during april 47

  Cash sales are normally 25 of total sales of the credit

kent company anticipates total sales for april may and june of 800000 900000 and 950000 respectively. cash sales are

  Determine the net present value of investment ignore taxes

Determine the net present value of the investment, ignore taxes. Should the investment be undertaken? Why? Show all calculations and support your investment decision with calculations.

  Calculate the expected return for different stock

Consider the following probability distribution for stocks A and B for questions 1 and 2. Calculate the Expected return for Stock A and for Stock B.

  Compute the weighted average number of shares

Compute the weighted average number of shares to be used in computing earnings per share for 2018

  Source of nonauthoritative guidance

Which of the following does the FASB consider a source of nonauthoritative guidance for use then there is no authoritative guidance available?

  Preparing journal entries for each transaction

Recording Journal Entries Rowland & Sons Air Transport Service has been in operation for three years. The following transactions occurred in February 2009.

  How much of samuels expenditures qualify

These improvements increased the value of his personal residence by $8,500. How much of Samuel's expenditures qualify as a medical expense deduction? Explain.

  Discuss-the stand-alone revenue-allocation method

Revenue allocation, bundled products. Boca Resorts (BR) operates a five-star hotel with a worldclass spa. BR has a decentralized management structure.

  Analyzing the operations of three anonymous companies

A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry

  Influences of competitors-costs-customers

Major influences of competitors, costs, and customers on pricing decisions are factors of: (a) supply and demand (b) activity-based costing and activity-based management

  Prepare the journal entry to record the depletion prior

If this tract represents approximately half of the timber holdings of O'Brien, determine the amount of the extraordinary loss due to the eruption of Mount Leno for the year ended December 31, 2010.

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