Answer:
Net Income
Cash basis $10,800
Accrual basis $20,500
Explanation:
Computation of Roma company’s first-year net income under both the cash basis and the accrual basis of accounting will be:
Cash basis Accrual basis
Revenue $39,000 $47,000
Expenses $28,200 $26,500
Net Income $10,800 $20,500
Cash paid $20,950
Add Prepaid cash $7,250
=$28,200
Therefore first-year net income cash basis will e $10,800 and accrual basis will be $20,500
The answer to this question is: <span>beauty and stability
the symmetrical design on this building creates a fancy and elegant look from the Taj mahal.
The design somehow conveys that a very important person once live on that site and the building was created to make all citizens feel awed</span>
Answer:
The correct answer is A. Mortgages are loans, whereas mortgage-backed securities are bond-like debt instruments.
Explanation:
The mortgage loan is the product that allows you to have the necessary amount to buy or rehabilitate a home or other property.
As we said, credit institutions require a guarantee before granting a loan. In the case of mortgages, the owner of the loan guarantees the property itself (mortgage), which will be passed to the financial institution in case of default. In addition to this mortgage guarantee you offer, as in a personal loan, your personal guarantee.
Operation management refers to the task of managing the process that transforms resources into finished goods and services. The key elements of an operation system includes Inputs, processes and outputs. Inputs are the resources necessary to make the product, processes are action performed on the inputs to transform them into finished products while outputs are finished products that results when inputs are processed. Therefore, in this case regulation is not a key element in operation function.