Even though I didn't see the video mentioned in the question, banks make most of their money through banking fees and investments.
Answer:
b. A deduction from net income in determining cash flows from operating activities.
Explanation:
An increase in prepaid expenses is deducted from Net Income. The reason behind it very simple and no rocket science is there. Lets take Insurance as a prepaid expense. You Paid in-advance for Insurance, it increase your current asset that is Prepaid Insurance BUT at the same time cash went out of the Business.
I hope I made it clear to you. If you still have any queries, feel free to ask me.
Thanks!
Answer:
cash 20,000,000 debit
unearned revenue 20,000,000 credit
Explanation:
Record the advance collection of $20 million for iTunes gift card.
When a gift card is sold, Apple Inc assume the obligation of latter provide iTunes in the near future or do cash reimbursement therefore; this isn't revenue. It is a liability. Apple will generate revenue when the gift ard are redeem not at sale.
answer:
explanation: Pressure = force / area
P = 20/ 1×0.6
P = 20/0.6
P = 33,33 N/m^2
Answer:
B. 21.8%
Explanation:
Cost of preference capital = 
No adjustment of growth rate is done as the dividend on preference capital is constant and do not grow in normal conditions, that is it only differs in exceptional conditions.
therefore, in the given instance we have,
Dividend = $2.40
Current price = $11
Expected Return = 
= 21.8%
Thus correct option is
B. 21.8%
