If a gain of $25,000 is incurred in selling (for cash) office equipment having a book value of $100,000, the total amount reported to be reported in the cash flows from investing activities section of the statement of cash flows is:
A) $75,000.
B) $100,000.
C) $125,000.
D) $25,000.
C
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A) brand judgment B) brand imagery C) brand salience D) brand performance E) brand resonance
In general, clinical trials are not conducted by private companies
Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
The revenue is $25,000, the cost of goods sold is $11,000, other expenses (from selling and administration) are $7,000, and depreciation is $1,000. What is the EBIT?
A) $13,000 B) $7,000 C) $6,000 D) Cannot tell because we do not know the interest paid.