The answer is Technical
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Answer:
<u>investing activities:</u>
acquisition of land (211,000)
sale of land (101,000)
<u>Operating Activities:</u>
gain on sale: NO EFFECT if direct method is used
adjusting the net income if the indirect method is used.
Explanation:
The cash disbursmenets and cash proceeds fro mthe purhcase and sale of land respectevely will appear as investing activities.
The gain on the sale will adjust the net incoem if the company used indirect method to determinatethe cash from operating activities.
As is a non-monetary term It will be removed.
If the company used the direct method there will be no mention to the gain on sale.
Answer:
The answer is $48.
Explanation:
20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.
Answer:
The Money supply will decrease by $4,500
Explanation:
What will be the maximum impact on money supply today as a result of your action is that the Money supply will decrease by $4,500.
Since we assumed that you have $10,000 in your account in which you withdraw $500 cash from your account and hide it under your pillow for future use, therefore based this scenario or actions carried by you it means that your bank have fewer or lesser funds available to make loans which means the decrease will tend to affect the money supply.
Hence, you can easily calculate the effect by using the simple money multiplier.