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borishaifa [10]
3 years ago
12

Is rental income a. Investment b. Cash

Business
2 answers:
Nadya [2.5K]3 years ago
6 0

I think cash is right answer because investment is not known as a rental income so rental income is a libility which is pay by cash or cheque but investment means to invest and save for further life.

barxatty [35]3 years ago
4 0

Answer:

Investment, you buy a property to rent in hope to make your money back over time.  So it would be considered an investment

Explanation:

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For the year, Peggy Grey's Cookies had net income of $8,110. The firm paid out 30 percent of the net income to its shareholders
slamgirl [31]

Answer:

$2,933

Explanation:

The company had a net income of $8,110, and paid 30% of it to its shareholders, therefore:

$8,110 x 0.30 = $2,433.

But it also repurchased $500 worth of common stock, and this is to be distributed among the sharedholders as well, thus:

$2,433 + $500 = $2,933

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3 years ago
Professionalism is a skill necessary for......
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Read 2 more answers
Carter Corporation made sales of $ 825 million during 2018. Of this​ amount, Carter collected cash for $ 710 million. The​ compa
salantis [7]

Answer:

Part (a) The net income of carter is $115 million.

Part (b) The closing cash balance at the end of year is $360.

Explanation:

Part (a) Net Income Computation:

Sales                                     $825

Cost of goods sold             <u>(</u><u>$290</u><u>)</u>

Gross Profit                          $535

Other Expenses                  <u>(</u><u>$425</u><u>)</u>

Net income                          $115 Million

Part (b) The cash balance of  Carter is not dependent on non cash flows. So the cash transactions would be considered here for cash balance computation.

Opening Cash position               $290

Collection from Sales                  $710

Inventory Invoices paid              ($350)

For  Everything                           <u>($290)</u>

Closing Cash balance                 $360

4 0
3 years ago
Which of the following is not a type of bank?
Andre45 [30]
Payday lender, I believe
5 0
3 years ago
An economy begins in long-run equilibrium, and then a change in government regulations makes holding money less attractive. a. (
deff fn [24]

Answer: Demand Curve shifts left

Explanation:

Money is now less attractive to hold so people will demand less of it. This will cause the demand curve in the monetary market therefore to shift to the left.

Shifts in the demand curve for money are usually caused when a non-interest determinant of demand changes such as a decrease in income.

7 0
3 years ago
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