kayliebush494 kayliebush494

02-11-2022
Business

Answered

suppose company x sold a piece of equipment during the year. the equipment had been purchased five years ago for $10,000. at the time of the sale, $5,000 of depreciation had been recognized against the equipment. company x received $6,000 from the sale of the equipment. what would be the impact of the sale on the statement of cash flows prepared using the indirect method?

Answer :

Other Questions

mountain frost is considering a new project with an initial cost of $210,000. the equipment will be depreciated on a straight-line basis to a zero book value ov

on january 1, year 1, ballard company purchased a machine for $52,000. on january 1, year 2, the company spent $12,000 to improve its quality. the machine had a

esquire incorporated uses the lifo method to report its inventory. inventory at the beginning of the year was $420,000 (21,000 units at $20 each). during the ye

on january 1, year 1, raven limo service, incorporated paid $76,000 cash to purchase a limousine. the limo was expected to have a five-year useful life and a $1

when an environmental group accused a local energy company of illegally dumping waste in a river, the company spokesperson released a statement that defended th

question content areajob cost sheets can provide information to managers for all of the following except a.the cost impact of continuous improvement in the manu

leakey is a company that deals with sale and distribution of variety of products ranging from cereals, clothes, edibles, electronics and other related products.

leakey is a company that deals with sale and distribution of variety of products ranging from cereals, clothes, edibles, electronics and other related products.

cuddles pajama company's owners are retiring. their employees want to continue providing the world with comfy loungewear both today and far into the future, so

on the third wednesday of every month, luellen's barbecue shack orders four pickup truckloads of hickory for slow-cooking meat. luellen has been placing orders