Answer:
Candy Bar
Explanation:
The hotels have snack shops available in the lobby so that when guests want to eat something light they can have it right from the lobby snack bar. The soda are usually available at the soda shops which are separate than the snack shops. The guest can purchase candy bar from snack shop and he can have soda from soda shop.
Answer:
In its statement of cash flows, Large most likely reports net cash outflows from investing activities of a. $28 million.
Explanation:
Open an extract of the section of the Cash flow Statement IAS 7 of IFRS and determine the Cash flow from Investing Activities.
Consider only cash flows that relate to purchase and sale of assets.Assets are economic resources controlled by the entity as a result of past events for which economic benefits are expected to flow into the entity.
($ in millions)
<u>Cash flow from Investing Activities</u>
Cash paid to acquire a patent (48)
Proceeds from sale of land and buildings 75
Cash paid to acquire office equipment (70)
Investment revenue received 15
Net cash outflows from investing activities (28)
Answer:
Option c (DM = about 1.13 DG) is the right approach.
Explanation:
Given:
DM price,
= 2.0583
DG price,
= 2.3194
Now,
By cross rates, the DG price of DM will be:
= 
= 
Thus the above is the correct option.
Answer:
$0
Explanation:
Given that
Sue contributed amount = $18,000
FMV of land = $63,000
Basis in land = $28,000
Andrew contributed amount = $20,000
FMV of Building = $41,000
Basis in equipment = $16,000
Basis in building = $28,000
Based on the above information, the gain that would be recognized is $0 as Partnerships recognize no gain on receiving contributed valued property. At the disposal of the asset, the constructed-in benefit or constructed-in loss will be revealed. For this, the partnership basis property i.e being acquired should be based on a carryover basis.
