Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets
Answer:
The American Recovery and Reinvestment Act of 2009 (Recovery Act) - which President Obama signed into law on February 17th, 2009 - was an unprecedented action to stimulate the economy. It included measures to modernize our nation's energy and communication infrastructure and enhance energy independence.
Explanation:
Answer:
a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.
Explanation:
The cash budget is the budget that represents the receipts and payment of transactions held in cash
It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash
Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds
But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax
Answer:
time take = 13 months
so correct option is C.)13
Explanation:
given data
closing costs = $1,400
monthly payment reduce = $980 to $870
to find out
Time to cover cost
solution
we know here monthly payments after reduction will be
monthly payments = $980 - $870
monthly payments = $110
so
time taken is =
.........1
time taken is = ![\frac{1400}{110}](https://tex.z-dn.net/?f=%5Cfrac%7B1400%7D%7B110%7D)
time take is = 12.727273
time take = 13 months
so correct option is C.)13