A similarity between both of those is that they are both types of limited governments.
Federalism is when the power is shared between the states and the national government.Checks and balances is a principle of the United States Constitution that gives each branch of government the power to check, or limit the other branches.
Its almost the same thing as price gouging but not really
Answer:
B. $2,600
Explanation:
The computation of the net rental income is shown below:
= Monthly rental payments × total number of months in a year - (utilities + maintenance & repairs + insurance) × percentage - depreciation expense
= $550 × 12 months - ($3,600 + $900 + $500) × 50% - $1,500
= $6,600 - $2,500 - $1,500
= $2,600
Since only one apartment is on rent so we considered the expenses of the building at 50% not full value and the same is applied above
Answer:$344,000 which is ($360,000-$16,000)
Explanation:
Cash flow from operating activities refers to cash inflow and outflow in ordinary course of business as it relates to sales, purchases, wages, salaries etc. The direct method of cash flow it's strictly concerned with actual cash inflow and outflow for the period. The decrease in prepaid expenses is deducted since it's an outflow, while the accrued liability is of no effect since it's not a cash movement.
