Answer:
net cash flow from the financial activities = $ 41.6 - $ 21.8 = $ 19.8
Explanation:
Given:
Income raised by selling
$ 38 million from investment
$ 15.8 million from the land
$ 41.6 million from the common stock
also,
the amount paid
$ 21.8 million for treasury stock
$ 25.8 million for equipment
$ 12.8 million for patent
Now,
the net cash flow is counted for the financial activities i.e the buying and selling of the stocks and the other activities done belongs to the investment activities
thus,
the <u>net cash flow from the financial activities = $ 41.6 - $ 21.8 = $ 19.8</u>
Operational data are commonly stored in many tables, and the stored data represents information about a given transaction only.
Answer:
A single budget that includes both operating expenses and capital spending.
Explanation:
A budget can be defined as a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
In the preparation of a budget, a list of each type of income and expense with respect to the budget is generally considered to be the first step. Also, the final step is making necessary adjustments to the budget by the top executive.
The federal government has a single budget that includes both operating expenses and capital spending on a cash basis.
Additionally, the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
Matching principles refers to that the expenses incurred during a period be recorded in the same period in which the related revenues are earned.
If a Business fails to follw the principle It may not be able to create proper financial statements and that may provide an inaccurate current position of the business
Hope it helps