Answer:
a.
Explanation:
Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.
Examples: Revenue earned, expenses incurred etc.
There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.
The two methods of presenting cash flow statement are:
- Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.
- Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.
Depreciation expense is a non-cash operating expense. Thus, it is added back to the net income to derive net cash inflow from operating activities section of the cash flow statement.
Answer:
A. $850
Explanation:
The answer is net investment income of $850. This is because the investment interest expense to the extent of net investment income is deductible. The others listed are not deducted. The net investment income can either be capital gains, interest or dividends. When the expenses is less than net investment income, all investment interest expense is deductible and when interest expense is more than investment income, only expenses up to net investment income amount is deducted.
Answer:
The answer is a. States benefits are payable to an individual who is related to the deceased insured by blood or marriage
Explanation:
A facility of payment clause is a provision in life insurance that allows the insurance company to choose the beneficiary or give part of the proceeds to someone other than the beneficiary. The company may have the choice of giving the entire death benefit to a relative of the insured, for instance, after his or her death because the official beneficiary is a minor or is also deceased.
A new fund offer (NFO) is the first-time subscription offer for a new scheme launched by asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market.
In economic accounting, an asset is any aid owned or managed by using a business or an economic entity. It is whatever (tangible or intangible) may be used to produce a fine monetary fee. Belongings represent the price of ownership that can be transformed into cash (even though coins itself is also considered an asset). The stability sheet of a firm records the financial price of the property owned by that firm. It covers money and other valuables belonging to a person or to an enterprise. Belongings may be grouped into two essential lessons: tangible property and intangible belongings. Tangible property includes numerous subclasses, consisting of modern-day property and fixed property. present-day assets encompass coins, stock, and accounts receivable, while constant assets consist of land, buildings, and gadget. Intangible belongings are non-bodily resources and rights that have value to the firm because they give the firm an advantage inside the market. Intangible belongings include goodwill, copyrights, emblems, patents, laptop applications, and economic property, consisting of economic investments, bonds, and shares.
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Answer:
Option "b" is the correct answer to the following question.
Explanation:
This is the agreed price of the relevant material, commodity or tangible asset as negotiated by the consumer and the forward agreement dealer, to be payable in the future event at a fixed date.
In this situation, Before 4:00 P.M is the present price of mutual fund and after 4:00 P.M is the future price of the mutual fund.
