Answer: a deduction from net income of $1,500,000.
Explanation:
Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.
It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.
Answer:
These steps can help you when building an emergency fund in college:
Set a goal for how much you need.
Consider your total monthly income and expenses.
Determine what expenses are necessary.
Decide how much you're going to save every month.
Consider how you're going to get what you need.
Explanation:
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Answer:
E. None of these answer choices are correct.
Explanation:
Upon receipt of the advance payment from Cactus Jack, Nike should debit its Cash Account and credit Deferred Revenue by $300,000. When the equipment is delivered to Jack and the additional $100,000 is received, the Deferred Revenue account is debited with $300,000 while the Sales Revenue is credited with $400,000 with additional debit to the Cash Account of $100,000.
Later movers do not face high growth markets. Later movers are also referred to late followrs or later market entrants. These businesses enter the market after the market has been established. By joining the market later, they have an advantage because they can see what kinks have been worked out by other companies, what has worked and was hasn't worked.
Answer:
The answer is:
when a nation's central bank makes an open market purchase of 20-year bonds, short-run effect is that the quantity of money in circulation increases, interest rates are low because the nation's commercial banks have more money to lend. Households and businesses are motivated to borrow money because of low rates
Explanation:
This is a monetary tool - open-market operation which is a situation in which when the central bank purchases securities inorder to increase the money supply and sells securities to decrease the money supply.
So when a nation's central bank makes an open market purchase of 20-year bonds, short-run effect is that the quantity of money in circulation increases, interest rates are low because the nation's commercial banks have more money to lend. Households and businesses are motivated to borrow money because of low rates.
This is usually done to stimulate the economy i.e to stop the economy from slowing down.
