Jamison company reports depreciation expense of $35,000 for year 2. also, equipment costing $140,000 was sold for a $5,000 gain in year 2. the following selected information is available for jamison company from its comparative balance sheet. compute the cash received from the sale of the equipment. at december 31year 2year 1equipment$610,000 $750,000 accumulated depreciation-equipment 428,000 500,000 multiple choice$38,000.$23,000.$35,000.$67,0 00.$40,000.
Answers: 2
Business, 22.06.2019 10:20, christianconklin22
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
Business, 22.06.2019 21:10, winterblanco
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
Jamison company reports depreciation expense of $35,000 for year 2. also, equipment costing $140,000...
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