Answer:
107.07
Explanation:
Calculation for What is its gross rent multiplier
Gross rent multiplier= Income Property value/income property generated per month
Let plug in the formula
Gross rent multiplier= $985,000/$9,200 per month
Gross rent multiplier=107.07
Therefore its gross rent multiplier will be 107.07
Answer:
$12,936,120
Explanation:
The formula for calculating compound interest
=FV = PV × (1+r)n
Fv = future value
PV present value
r interest rate =10 %
t =time = 5 years
Future value= 12million x(1+10/100)5
=12,000,000 x (1+0.1)5
=12,000,000x1.61051
= $12,936,120
Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash
Explanation:
The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.
When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.
For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.
Answer:
$122,600
Explanation:
Maintenance department cost = $27,000
Assembly department cost = $106,400
Square feet occupied by Milling department = 12,000
Square feet occupied by Assembly department = 18,000
Total square feet occupied by two production departments = Square feet occupied by Milling department + Square feet occupied by Assembly department
= 12,000 + 18,000
= 30,000
Maintenance department cost allocated to Assembly department = Maintenance department cost * (Square feet occupied by Assembly department / Total square feet occupied by two production departments)
= 27,000 * (18,000/30,000)
= 27,000 * 0.6
= 16,200
The total cost of operating the Assembly department for the current period = Assembly department cost + Maintenance department cost allocated to Assembly department
= $106,400 + $16,200
= $122,600
Answer: b) $841,666.
Explanation:
Markwell will record the equipment at the present value of the amounts spent to purchase it.
Present value of the cash paid = $175,000
Present value of the noninterest-bearing note after a year = 700,000/(1 + 5%)
= $666,667
Total = 175,000 + 666,667
= $841,667
As per the options;
= $841,666
