Answer and Explanation:
1. Gain on sale of land
It is come from
= Sale value - book value
= $240,000 - $200,000
= $40,000
Since there is a gain of $40,000 which is to be deducted from a net income under the cash flow from operations
2. Cash received from sale of land
The cash is received from sale of land reflects that the cash is come i.e inflow of cash and the same is to be reflected under the cash flow from investing activities in a positive amount i.e $240,000
3. Cash paid for purchase of land
The cash is paid for purchase of land reflects that the cash is gone i.e outflow of cash and the same is to be reflected under the cash flow from investing activities in a negative amount i.e -$400,000
Answer:
The interest expense will be recorded when the first interest payment is made $3720
Explanation:
Interest expense = issue price x market rate x n/12
= 62000 x 12 x 6/12
= $3720
Answer:
Dispatch/Deployment
Explanation:
Dispatch/Deployment is the 11th management characteristic of NIMS and relates to when <u>resources should be deployed only when requested or when dispatched by an appropriate authority</u> through established resource management systems.
In the scenario we see that the supervisor directed the staff to checkout only when requested, secondly <u>he did so with an appropriate authority</u> because his own boss - the American Red Cross Disaster Operations Supervisor <u>has directed you to begin re-assigning shelter staff personnel</u>
The best and most correct answer among the choices provided by your question is the second choice.
Project x should be used i<span>f the company is using the payback period method and it requires a payback of three years or less.</span>
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Answer: Social Vocation
Explanation:
This is because she derives joy from helping others.
Great interpersonal relationship, compassion are characteristics. So also she’ll have enough time to do all the humanitarian work she loves.
