Answer:
1. Transaction will have effects on Balance Sheet in the Assets Section and will be classified as an Investing Activity in the Statement of Cash flows.
2. Transaction will have effects on Balance Sheet in the Liability Section and will be classified as a Financing Activity in the Statement of Cash flows.
3. Transaction will have effects on Income Statement in the Revenue Section and will be classified as an Operating Activity in the Statement of Cash flows.
4. Transaction will have effects on Income Statement in the Revenue Section and will be classified as an Operating Activity of the Statement of Cash flows.
5. Transaction will have effect on Income Statement in the Expense Section and will be classified as a Financing Activity in the Statement of Cash flows.
Explanation:
1. Falcon purchases common stock of Wildcat. This is classified in the investments tab of the assets account. This will be reflected in balance sheet. The transaction is classified in the investing activity.
2. Falcon borrows from Wildcat and signs Notes payable this will have effects in balance sheet liability account. This is financing activity.
3. Falcon receives Dividend revenue from Wildcat. This will be reflected in income statements as revenue. It will operating activity.
4. Falcon provides services to Wildcat , this is reflected in income statement as revenue. This will appear under operating activity.
5. Falcon pays interest on the borrowings to Wildcat. This is income statement items and is an expense. It belongs to financing activity.
Answer:
12
Explanation:
Given that,
Sales price = $9 million
Estimated annual gross income = $750,000
The gross income multiplier is defined as the ratio of sales price to its effective gross income.
Therefore, the gross income multiplier is calculated as follows:
= (Sales price ÷ Estimated annual gross income)
= $9,000,000 ÷ $750,000
= 12
Answer:
Amount of interest revenue recognized 
Explanation:
Principal amount P = $88500
Rate of interest r = 7 %
Total number of days = 120
So interest 
Number of days from 8 june to 30 june = 30-8 = 22 days
So left days = 120-22 = 98 days
So amount of interest revenue recognized
Answer:
The bill is $57.5
Explanation:
The computation of bill is shown below:
= Price for starters + price for main course + price for deserts + service charge tax
= $12.50 + $28.55 + $8.95 + $7.5
= $57.50
The service charge would be calculated by considering all food costing.
In mathematically
= Service tax rate × ( Price for starters + price for main course + price for deserts)
= 15% × ($12.50 + $28.55 + $8.95)
= 15% × $50
=$7.5
Hence, the bill is $57.5
Answer:
Desing A is a better deal as the equivalent annual cost is lower than desing B
Anywa, bot desing cost are above the city collections thus, it cannot afford the sanitary systems unless it raises taxes
Explanation:
<em><u>Desing A </u></em>
F0 405,000
operating and maintenance cost 51,000 for 14 years
Present value of the operating and maintenance cost:
C = $ 51,000.00
time = 14 years
rate = 0.07
PV $446,018.8673
net worth: $ 851,081.87
equivalent annual cost:
PV 851,082
time 14
rate 0.07
C $ 97,316.904
<u><em>Desing B</em></u>
F0 251,000
operating and maintenance cost 89,000 for 14 years
C 89,000.00
time 14
rate 0.07
PV $778,346.6507
net worth: $ 1,029,346.65
equivalent annual cost:
C $ 117,700.580
