Answer:
Net cashflow from operating activities =$7,726
Explanation:
The net cash flow from operating activities would be the sales revenue less net purchases.
<em>The net purchases = total purchases - less the purchases returns</em>
12,500 - 1,200 =11300
<em>The amount due on the purchases less discount</em>
The term 2/10, n/30 implies that the company would get a discount of 2% should it pay within 10 days other it would pay the gross amount due at later date but on or before the 30th day.
Payment due less discount = 98%× 11300 = 11,074
Net cashflow from operating activities = Net sales - purchases
=18,800 - 11,074 = 7,726
Net cashflow from operating activities =7,726
Answer: 6%
Explanation:
The annual payments can be considered to be annuity payments as they are constant. The amount borrowed can be considered the present value of the annuity.
Present value of annuity = Annuity * Present value interest factor of annuity, 8 years, %?
178,960 = 28,819 * Annuity factor
Annuity factor = 178,960 / 28,819
= 6.20979
To find out the interest rate, look at the Present Value of Annuity table and go to the 8 period column. Look for 6.20979. The interest rate that intersects with this factor is the interest rate implicit in this agreement.
That rate is 6%.
Farmer Mac helps Farm and Country Bank maintain enough capital to provide credit loans to the farmers, ranchers, and other rural residents of its community.
<h3>What is Farmer Mac?</h3>
The United States federal government founded the Federal Agricultural Mortgage Corporation, better known as Farmer Mac, as a secondary market for agricultural loans, such as mortgages for agricultural real estate and rural housing, in 1988. Farmer Mac is a stockholder-owned, publicly listed firm. The business buys loans from agricultural lenders and then markets products that are secured by those loans. The business collaborates with the US Department of Agriculture as well.
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Kiana will report under the head of natural disaster and its compensation amount is also exempt.
- In income tax, there are a total of five heads of income viz
- income from salary
- Income from house property
- Income from profits and gain of business or profession
- Income from capital gains
- Income from other sources
- Each head of income describes different features of income that are taxable.
- Income tax is a tax levied on income or profits received by an individual or entity. Income tax is usually calculated as the product of tax rate and taxable income.
- Tax rates vary depending on the type and characteristics of the taxpayer and the type of income.
Thus, Kiana's loss results from a natural disaster that is exempt under section 10(10BC).
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Answer: A. Alaska auctions a limited number of licenses to harvest king crab.
Explanation:
The options include:
A. Alaska auctions a limited number of licenses to harvest king crab.
B. The U.S. and Canadian governments remove trade barriers, which allows for more trade of products like king crab.
C. Alaska removes taxes on diesel fuel, which lowers the price of diesel.
D. Alaska subsidizes the purchase of crab boats.
The socially optimal level of output will be achieved when there's allocative efficiency. It is the level whereby market failure is curtailed.
The policy choice that might produce the socially optimal king crab harvest is for Alaska to auction a limited number of licenses to harvest king crab.
This will help in the reduction at which the resource is overused as there'll be regulation and reduction in the number of person that can harvest king crab.
