Hybrid cloud includes two or more private, public, or community clouds, but each cloud remains separate and is only linked by technology that enables data and application portability.
Answer the following statement true (T) or false (F)
True
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A fixed asset with a cost of $41,000 and accumulated depreciation of $36,500 is traded for a similar asset priced at$60,000 . Assuming a trade-in allowance of $3,000, the recognized loss on the trade is
a. $3,000 b. $4,500 c. $500 d. $1,500
The journal entry for the receipt of a cash payment on common stock subscriptions would include
a. debiting Cash and crediting Common Stock Subscriptions Receivable. b. debiting Cash and crediting Common Stock. c. debiting Common Stock and crediting Common Stock Subscriptions Receivable. d. debiting Common Stock Subscriptions Receivable and crediting Common Stock.
The economic community that includes China and Thailand is the
A. NAFTA. B. EU. C. ASEAN. D. Mercosur. E. IMF.
The operating cash flow available for company use after purchasing the fixed assets that are necessary to maintaincurrent productive capacity is called the
a. free cash flow b. modified cash flow c. PPE cash flow d. restricted cash flow