Answer:
$34,590,000
Explanation:
Kenny incorporation is looking at setting up a new manufacturing plant in South park
The company purchased some lands six years ago $8.4 million
The land will net $11.2 million if sold today
The plant will cost $22.4 million to build
The site requires $990,000 worth of grading before construction
Therefore the proper cash flow can be calculated as follows
= opportunity costs + costs + upgradation
= $11,200,000 + $22,400,000 + $990,000
= $34,590,000
Hence the proper cash flow is $34,590,000
Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)
Answer:
IT HEPLS TO SOLVE ECONOMIC PROBLEMS ABOUT TRADITIONAL SUPERSTATION
D is the correct answer.
Servant leaders can't lead if subordinates are not open to being guided.
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