It is false that real estate is a great way to investment for everyone, particularly since the money is more liquid than common stocks.
20 because just subtract 3 from 20
Answer:
Net Cash Flows from Operating Activities for 2012 will be $2,082
Explanation:
Prepare the Cash flow from Operating Activities Section to determine the Net Cash Flows from Operating Activities.
Cash flow from Operating Activities :
Net income 3,382
Adjustment for Non-Cash items :
Depreciation 810
Adjustment for Changes in Working Capital items :
Decrease in Accounts Receivables 200
Increase in Inventory -500
Decrease in Notes payable -400
Decrease in Accounts payable -1,000
Increase in Accruals 400
Net Cash Flows from Operating Activities 2,082
Conclusion :
Net Cash Flows from Operating Activities for 2012 will be $2,082
Answer: A. $ 9,600,000
Explanation:
According to GAAP Principles on Financial Accounting for Property taxes, taxes which are Government revenue, can be accounted for in the period they are to be accrued for (the period incurred) provided that they do not exceed 60 days after the period elapses for it is assumed that they can still be used to pay off expenses in that period.
The total property tax revenues for 2020, related to 2020 tax bills should therefore the sum of the collected amount and the amount to be collected within 60 days after.
= 9,500,000 + 100,000
= $9,600,000
The total property tax revenues for 2020, related to 2020 tax bills is $9,600,000 which is Option A.
