Answer:
Explanation: The Accounting Equation (Assets= liabilities +Equity) shows the relationship between a company's assets, Liabilities and owners equity which at the end of the day balance out.
Assets reflect the total value of the property that the business has, and which is in its turnover.
Liabilities reflect the size of the financing of an organization’s assets by third parties, banks, and private financial institutions.
Owner's Equity is characterized the value of investments made in this organization by its owner/s (shareholders). It can be said to be Capital plus retained earnings.
The accounting equation can be said to be Assets = liabilities+capital+revenue-expenses -dividend.
this is simply put that assets are totality of a company's liabilities, capital, revenue, expenses and dividend.
Answer:
Operating cash receipts minus operating cash payments equals net cash provided (used by) operating activities.
Explanation:
A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.
The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;
1. Cash-flow from financing activities: it represents the cash flow from debt or equity. Typically, it's the costs used in a financing a business.
2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments, etc.
3. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods, etc.
In Financial accounting, the direct method of reporting operating cash flows uses actual cash inflows and outflows from the operating activities of a company by generating data from the income statement (cash receipts and cash disbursements/payments).
Hence, when the operating activities section of the statement of cash flows is reported using the direct method; operating cash receipts minus operating cash payments (disbursements) equals net cash provided, that is typically used by operating activities.
Answer:
The debit yield ratio is 9%
Explanation:
Rent = 12 units × 12 months × $1,050 = $151,200
Net Operating Income = Rent- Operating expenses - Expected vacancy and collection losses + Garage rent
= $151,200 - $35,700 - $30,240 + $3,840
= $89,100
Debt amount = Price × (1 - Down payment)
= $1,100,000 × (1 - 0.1)
= $990,000
Debt yield ratio =
=
= 9%
Answer:
A relational database organizes data into tables which can be linked—or related—based on data common to each. This capability enables you to retrieve an entirely new table from data in one or more tables with a single query.