Examlex
Selected information from Thompson Corporation is provided below for the years ending December 31, 2017 and 2016.
During 2017 depreciation expense was recorded. New equipment was acquired for cash. Old equipment which was 60% depreciated with an original cost of $26,000 was sold for a loss of $4,000. Prepare the investing activities section of the statement of cash flows.
Dissolved
Dissolved, in a general context, means to have been disintegrated or dispersed into a liquid to form a solution, or to cease to exist as a distinct entity.
Nonprogrammed Decision
Decisions that are made in response to situations that are unique, are poorly defined and largely unstructured, and have important consequences for the organization.
Alternative Solutions
Different options or strategies that can be pursued to solve a problem or achieve a specific goal.
Condition Of Uncertainty
A situation where there is a lack of certain knowledge or predictability about future events, often discussed in decision-making contexts.
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