Answer:
Issuance of common stock to acquire land is a non-cash investing and financial activity.
Explanation:
Payment of note payable, payment of cash dividend and purchase of inventory on account all involve cash transactions.
Here, the issuance of common stock is a financial activity. Acquiring land can be categorized as an investing activity. To acquire land common stock is issued, cash is not involved.
So, the issuance of common stock to acquire land is non-cash investing and financial activity.
<span>Cushion is the amount of distance you keep between you and the car in front of you that allows you to easily maneuver in any condition. Typical this distance is about 3 seconds.
You should a</span>dd one additional second for any condition that is less than perfect. Unperfect conditions are heavy traffic, not feeling well, or other distractions.
You should add two additional seconds to your space cushion if the it is raining or snowing. <span>Each of the given reason (poor visibility, poor road conditions, inclement weather) is a reason to give yourself extra "cushion" when driving. </span>
The meaning of delegeation is ''<span>the act of empowering to act for another''.</span>
Answer:
$264,000
Explanation:
Calculation to determine what the accumulated depreciation account will have a balance of:
$240,000 x ($330,000/300,000) = $264,000
Therefore , the accumulated depreciation account will have a balance of:$264,000
Answer:$119,735.6
Explanation:
To calculate the total in the account,we use the compound interest formula
A= P ( 1+ ( R/2)/100)∧2n
P = $ 12,000 n = 4 R = 12%
A = 12,000 (1+(12/2/100)∧2*4
A = 12,000 ( 1+ ( 6)/100)∧2*4
A = 12,000 ( 1+0.06)∧8
A= 12,000 ( 1.06)∧8
A = 12,000 ( 1.5938)
A= 12,000* 1.5938
A= $ 19,125.6
Another deposit into the account
A = P ( 1+(R/2)/100)∧2n
A= 50,000 (1+12/2/100)∧2*6
A= 50,000 (1+6/100∧12
A = 50,000 ( 1+0.06)∧12
A = 50,000 (1.06)∧12
A= 50,000 ( 2.0122)
A = 50,000* 2.0122
A = 100,610
Therefore, the total in the account
$19,125.6 + $100,610
= $119,735.6
