Answer:
The answer is stated below:
Explanation:
The effects of the transactions which should be reported on the cash flow statement is shown as:
The sale and the purchase of the land are the part of the cash flow from investing activities as:
Cash paid for the purchase of land................................. ($400,000)
Cash received from the sale of land................................ $240,000
The gain on sale of the land is reported under the cash from operating activities, it is deducted from net income.
Gain on sale of land................................... ($40,000)
Note: (), this depict the minus sign.
Working notes:
Gain on sale of land = Sale value - Book value
= $240,000 - $200,000
= $40,000
Answer:
B. the weighted average time to maturity of the bond's cash flows
Explanation:
t = time to maturity
r = required return
C = coupon payment
M = maturity
V = market value
Frm the duration formula we can notice there is a weighted average as there is a sum of the coupon payment which is latter divide over the bonds market value
The answer is a definite NO. No one should EVER cash in their 401(k) to pay off debt. You will never be able to recover from the loss of compounding interest if you take out money from your retirement account. This money should be saved for retirement or EXTREME emergencies.
Im this case, Austin should take the amount of his raise and use that to start paying down his debt FASTER.
Answer:
Option (d) is correct.
Explanation:
Given that,
Total accounts receivable = $500,000
Credit balance of Allowance for Doubtful Accounts = $2,000
Estimates uncollectible accounts:
= 3% of accounts receivable
= 0.03 × $500,000
= $15,000
The closing balance after adjustment is the latest estimates:
= 3% of accounts receivable
= $15,000
$15,000 includes both the opening credit balance of allowance for doubtful accounts worth of $2,000 and the current year adjustment of $13,000.
Answer:A merger
Explanation:
This is coming of two companies to form a new firm with both companies losing their indentity .