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Anon25 [30]
2 years ago
15

Based on the following information, compute cash flows from investing activities under GAAP.

Business
1 answer:
777dan777 [17]2 years ago
8 0

Answer:

$250

Explanation:

Computation of cash flows from investing activities under GAAP.

The Purchase of used equipment as well as the sale of investments often affect cash flow from operating activities.

Therefore,

Sale of investments $450

Less Purchase of used equipment (Cash outflow) ($200)

Cash flow from investing activity $250

Therefore the cash flows from investing activities under GAAP would be $250

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From the set $\{1, 2, 3, \dots, 20\},$ ten numbers are chosen at random, forming a subset. Let $M$ be the largest element among
Marysya12 [62]

The largest element can be as small as 10, which happens when the subset is {1, 2, ..., 10}.  The probability of choosing this subset is (1/2)^10 = 1/1024.  (Every element from 1 to 10 can either be in the subset, or not.)

The largest element can also be 11.  All the numbers in the subset must be from 1 to 10, and we must choose 1 to leave out, so the probability that the largest element is 11 is C(10,1)*1/1024.

The largest element can also be 12.  All the numbers in the subset must be from 1 to 11, and we must choose 2 to leave out, so the probability that the largest element is 12 is C(11,2)*1/1024.

We can do the other cases similarly:

Largest element is 13 -> C(12,3)*1/1024

Largest element is 14 -> C(13,4)*1/1024

Largest element is 15 -> C(14,5)*1/1024

Largest element is 16 -> C(15,6)*1/1024

Largest element is 17 -> C(16,7)*1/1024

Largest element is 18 -> C(17,8)*1/1024

Largest element is 19 -> C(18,9)*1/1024

Largest element is 20 -> C(19,10)*1/1024

Adding these up, we get (1 + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.  Since 1 = C(9,0), we also get (C(9,0) + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.

By the Hockey Stick Identity, C(9,0) + C(10,1) + C(11,2) + ... + C(19,10) = C(20,10), so the expected value of the largest element is 1/11*C(20,10)*1/1024 = 4199/256.

6 0
1 year ago
Identify whether each statement describes the market period, the short run, or the long run.A.Output and the number of firms are
AfilCa [17]

Answer: A. Market Period.

B. Long Run

C. Short Run

Explanation:

A.Output and the number of firms are fixed

The MARKET PERIOD is a very short period that refers to a situation where all resources are FIXED. This means that Output itself is fixed and therefore cannot adjust to demand.

B.Plant capacity is flexible. Firms can enter and exit an industry.

This is the LONG RUN. A time where all resources are Variable. This means that factors such as Plant Capacity which is FIXED in the Short Run will simply be Variable and hence flexible in the long run. Other Firms are also free to enter or leave the Industry during this time.

C.Plant capacity and the number of firms are fixed. Firms can employ more labor if needed

This refers to the SHORT RUN which is a situation where AT LEAST one resource is FIXED and others are VARIABLE. As long as there is a Fixed Resource with some Variable Resources, it is the Short Run. Plant Capacity and Number of Firms are fixed but Labor is Variable. This makes this scenario a Short Run Scenario.

4 0
2 years ago
Stephanie manages the accounting department at an advertising agency. She needs to conduct performance appraisals for the eight
wolverine [178]

Answer:

The correct answer is behaviorally anchored rating scale.

Explanation:

The behavior-based rating scale is a performance appraisal method that combines elements of the traditional rating scale and critical incident methods.  In this, various levels of performance are presented along with a scale that describes them regarding the specific work behavior of an employee.

4 0
1 year ago
If inventory increases under the retail method, which of the following is true: a. Under the Average Cost retail method, a new l
NeTakaya

Answer:

d. Under the LIFO retail method, a new layer would be added.

Explanation:

The retail method is used to estimate ending inventory/cost of goods sold and is  widely used for financial reporting purposes, especially for quarterly financial statements. Retail methods are usually used with the weighted average cost flow assumption, FIFO or LIFO.

Now when the inventory increases under the retail method, LIFO retail method is the best to use because it gives you the highest cost of goods sold and the lowest taxable income. LIFO layer refers to a tranche of cost in an inventory costing system that follows the last-in, first-out (LIFO) cost flow assumption. Therefore when inventory increases under the LIFO retail method, a new layer would be added.

3 0
1 year ago
A company wants to decrease its $200.00 petty cash fund to $100.00. The entry to reduce the fund is:
lord [1]

Answer:

Debit to Cash $100, Credit to Petty cash $100

Explanation:

A company wants to decrease its $200.00 petty cash fund to $100.00. The entry to reduce the fund is:

Date   Journal Entry          Debit     Credit

           Cash                        $100

               Petty cash                          $100

4 0
2 years ago
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