What the total amount related to this machine

Assignment Help Managerial Accounting
Reference no: EM133008705

Question - A machine with a cost of $134,000 and accumulated depreciation of $87,000 is sold for $41,600 cash. What the total amount related to this machine that should be reported in the operating section of the statement of cash flows under the indirect method?

a. $59,600

b. $4,160

c. $5,400

d. $20,400

e. $18,000

Reference no: EM133008705

Questions Cloud

Determine the full costing operating income : Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Determine the full costing operating income
How would promote the value of utilizing an apn : Discuss a plan to promote the value of the APN model to the public. Discuss how you would promote the value of utilizing an APN as a provider of services.
What is the amount that should be credited : On September 1, 2021, what is the amount that should be credited to paid in capital-bond conversion, assuming Butler used the book value method
Discuss marketing and items needed for practice : What will you say to them to convince them that you have a good idea, that your services will be a valuable addition to the community
What the total amount related to this machine : A machine with a cost of $134,000 and accumulated depreciation of $87,000 is sold for $41,600 cash. What the total amount related to this machine
Brief visual summary of a completed quality improvement : Brief, visual summary of a completed quality improvement initiative. The storyboard highlights key aspects of a quality improvement effort
What interventions do expect to be ordered for mr sweet : Mr. Sweet, 38 years old, is brought to the Emergency Department unresponsive. What interventions do expect to be ordered for Mr. Sweet? Why?
Describe how transformational leadership style may influence : Describe how transformational leadership style may influence the process of investigating professional nurse colleague that reports to one of unit managers.
Calculate the economic value added : Net income to shareholders was $8,675 million. (Assume a tax rate of 21%.) Calculate the economic value added assuming its cost of capital is 10%

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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