Lucy Co. sold equipment that cost $119,000 and had a book value of $81,000 for $87,000. Data from Lucy's comparative balance sheets are: 12/31/20 12/31/19 Machinery $850,000 $720,000 Accumulated depreciation 240,000 186,000 Required: Indicate what will be reported on the Statement of Cash Flow for the year ending December 31, 2020. Include (1) the transaction description, (2) the dollar amount and (3) whether that amount will be added or subtracted.

Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the

Tyler has coffee with one of his direct reports almost daily. he does this to inquire in an informal way about progress on the job, and to provide coaching and support, as well as appropriate congratulations for special efforts. tyler is exhibiting which type of managerial skill?

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are: