Answer:
$1,125,000
Explanation:
Given;
Gain from asset disposal = $225,000
Book value of asset disposed = $900,000
Therefore,
Amount of cash received from the sale = $900,000 + $225,000
= $1,125,000
This represents an inflow of cash and will be represented by a positive value in the statement of cash flows. The total amount reported in the cash flows from investing activities section of the statement of cash flows is $1,125,000
Answer:
the answer given below;
Explanation:
$60 million *25%=$15 million will be tax expense
Income Tax Expense-Current Dr.$15 million
Income Tax Payable Cr.$15 million
For temporary difference on liability, the journal entry will be
Deferred tax expense ($4*25%) $1 million
Deferred Tax liability $1 million
Answer:
1) The GDP deflator for this year is calculated by dividing the - (B) Value of all goods and services produced in the economy this year - using - (B) this year's prices - by the - A) Value of all goods and services produced in the economy in the base year - using - (A) the base year's prices
To calculate the GDP deflator, we divide the nominal GDP for the selected year, by the Real GDP of the base year, and we multiply the result by one hundred.
2) The CPI reflects only the prices of all goods and services - (B)bought by consumers
The CPI is a measure of the change in price of a selected basket of goods and services, usually those goods and services that consumers buy the most, whether they are produced domestically or not.
3) Which does an increase in the price of a Chinese-made car that is popular among U.S. consumers show up in? - (b) CPI
As explained above, the CPI measures the price of goods and services that are commonly bought by consumers. It does not matter if the good is produced in the U.S. or China.
4) Which does a decrease in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine that cuts and stacks trees show up in? - (a) GDP Deflator
It shows up in the GDP Deflator because the good is not a common good purchased by consumers. It is a good only consumed by those involved in the tree cutting business.
The answer is A because there is a loss of value of a countries with one or more foreign reference
Answer:
$3,249.80
Explanation:
Time Cash Flow
0 600
1 600
2 600
3 600
4 600
Future Value of this cash flow at the end of year 4 = 600 * ((1+4%)^5 – 1)/4%
Future value = 600 * [(1+0.04)^5 - 1 ] / 0.04
Future value = 600 * (1.04^5 - 1) / 0.04
Future value = 600 * (1.216653 - 1) / 0.04
Future value = 600 * 0.216653/ 0.04
Future value = 600 * 5.416325
Future value = $3249.795
Future value = $3,249.80
