<span>The term applied to the periodic expiration of a plant asset's cost over its life in a balanced and orderly way is depreciation. It is not process for valuation nor is process that results in gathering of cash. Land expenses are not subject to depreciation.</span>
Answer:
B. S and I drop by $0.60 trillion.
Explanation:
We know that
Y = C + I + G
$12 trillion = $8 trillion + I + $2 trillion
$12 trillion = $10 trillion + I
So, I = $12 trillion - $10 trillion
= $2 trillion
As the government purchases increase from $2 trillion to $2.60 trillion
and the rest of the things remain the same.
So New I = $12 trillion - $8 trillion - $2.60 trillion
= $1.4 trillion
So, the difference would be equals to
= $2 trillion - $1.4 trillion
= $0.6 trillion
The $0.6 trillion reflect fall in the investment
And the saving and the investment are equal to each other
Hence, the B option is the right answer
Answer:
Consider the following analysis.
Explanation:
Dena owns 500 acres of farm land in southeastern Maryland.
Adjusted basis for the land is $4,80,000 and $4,00,000 mortgage on the land.
Bulding Fair market value is $9,00,000
Dena realized gain or los is $0 beacuse there is no cash recd against exchange.
So, Dena realized gai/loss is $0
So, Dena recognized gain is $4,00,000
Answer:
$9,233.
Explanation:
The balance of the loan after the 32th payment can be determined after constructing a loan amortization schedule for this car loan. To construct the amortization schedule, we need to first calculate the monthly instalments (PMT) as this is the missing parameter for our time value of money.
I am using a financial calculator here to calculate the monthly instalment :
PV = $25,000
P/YR = 12
I = 8%
N = 48 (years)
FV = $0
PMT = ?
Therefore, the monthly instalment PMT is $610.32.
But, we need the balance immediately after the 32th payment, so we construct an amortization schedule - now that we have all the parameters.
On a financial calculator enter 1 INPUT 32, SHIFT AMORT.
Pressing the equal sign gives the principle then interest and finally the balance of this loan after the 32th payment. The balance you should get if you follow this procedure carefully is $9,233.
Answer:
the amount of cash received from customers is $97 million.
Explanation:
The cash received from customers can be determined by opening a Total Receivables T-Account.
Total Receivables T-Account
<u>Debit :</u>
Beginning Balance $6 million
Sales $100 million
Totals $106 million
<u>Credit </u>:
Ending Balance $9 million
Cash Received from Customers (Balancing figure) $97 million
Totals $106 million