Answer: $210,000
Explanation:
The cash flow statement deals with actual cash being transacted. If the company received $210,000 in dividends, this came as actual cash and will therefore be the amount recorded as being received as dividends under the operating activities section of the cash flow statement.
Return on investment is usually an unrealized figure which means that it is a non-cash transaction and so will not reflect in the cashflow statement.
<u>Answer:</u> Option B
<u>Explanation:</u>
Under recording the liability in the balance sheet such as accounts payable may become a liability fraud case. It is significant that the balance sheet has to be analysed using the acid test ratio which is quick assets/current liabilities. If this ratio has increased suddenly then it is clear that the accounts payable is understated.
Unearned revenue/ accounts payable ratio is used to determine the current liability of the company. This ratio cannot be used to find the under recorded accounts payable.
The alien concludes that <span>the rags-to-riches narrative of social mobility is true and realistic.
As it turn out many considerations need to be made from the rags to riches narrative. For example, it is true that as individuals we need to work hard to achieve success in our career, but we can't deny the fact that born in wealthy family will give children a clear competitive advantage in education or ways to raise capitals for the business, which make it harder for poor people to actually become wealthy.</span>
Answer:
a. is more elastic than the monopolist's demand curve.
Explanation:
The correct option is a as of less control over the market price as compared to the monopolist
As the monopolist is the only seller in the market and the price maker too but the same is not happen with the monopolistic firm
Therefore the consumers would rise or decreased the demand as per the price
Hence, the correct option is a.
Answer:
$1,653
Explanation:
Austin can only file a mileage expense deduction for the miles he drives for business purposes; only 2,850 miles were driven for business purposes from his to the gym. Miles driven from your home to work or vice versa are not deductible.
to calculate the mileage expense we multiply the amount of qualifying miles times the standard deduction rate = 2,850 miles x $0.58 per mile = $1,653
