FINANCIAL+MANAG.ACCT.
9th Edition
ISBN: 9781260728774
Author: Wild
Publisher: RENT MCG
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Chapter 12, Problem 13QS
To determine
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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:
Multiple Choice
$46,600.
$6,600.
$21,000.
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:
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
Chapter 12 Solutions
FINANCIAL+MANAG.ACCT.
Ch. 12 - Prob. 1QSCh. 12 - Prob. 2QSCh. 12 - Prob. 3QSCh. 12 - Prob. 4QSCh. 12 - Prob. 5QSCh. 12 - Prob. 6QSCh. 12 - Prob. 7QSCh. 12 - Prob. 8QSCh. 12 - Prob. 9QSCh. 12 - Prob. 10QS
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