Answer:
The answer is stated below:
Explanation:
The effects of the transactions which should be reported on the cash flow statement is shown as:
The sale and the purchase of the land are the part of the cash flow from investing activities as:
Cash paid for the purchase of land................................. ($400,000)
Cash received from the sale of land................................ $240,000
The gain on sale of the land is reported under the cash from operating activities, it is deducted from net income.
Gain on sale of land................................... ($40,000)
Note: (), this depict the minus sign.
Working notes:
Gain on sale of land = Sale value - Book value
= $240,000 - $200,000
= $40,000
The answer to this question is that it reflects an increase
in woman’s employment and educational attainment.
<span>Woman now are given equal rights with regards to employment
and educational attainment. Before women are just being neglected and was just
allowed to take care of the kids and be a normal housewife. Today, woman has a
vital role in the society and given equal opportunities. </span><span> </span><span> </span>
By definition, when we say capital resource, this is the good that produced or used <span>to make other goods and services. In the given scenario above about John, the one that is John's need that is considered as a capital resource would be the cow. This cow produces milk which he can sell and earn. Hope this answers your question.</span>
It is called a Medicare Tax. (Please mark brainliest)
Answer:
The amount that Mike withdraws from his account is $37678.11265
Explanation:
This question requires to calculate the future value of the amount invested at a rate of 5.25% for 18 years. We will simply use the formula for future value.
The formula for future value is,
FV = Present Value * (1+r)^t
Where,
- r is the interest rate
- t is the time period
- Here the time period is in years and is 18 years or t = 18
FV = 15000 * (1+0.0525)^18
FV = $37678.11265