Which of the following sources of income is money made from tenants who live in a property that you own?

llowing is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):

shutvik [7]

Answer:

hello your question is incomplete below is the complete question

Formulating Financial Statements from Raw Data

Following is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):

Revenue $14,880.2

Cash from operating activities 1,526.8

Cash, beginning year 673.2

Stockholders' equity 6,612.2

Non-cash assets 18,054.9

Cash from financing activities* (865.3)

Cost of goods sold 8,926.7

Total expenses (other than cost of goods sold) 4,155.2

Cash, ending year 619.6

Total liabilities 12,062.3

Cash from investing activities (715.1)

*Cash from financing activities includes the effects of foreign exchange rate fluctuations.

(a) Prepare the income statement, the balance sheet, and the statement of cash flows for General Mills for the fiscal year ended May 2011.

Hint: Enter negative numbers only for answers in the statement of cash flows (if applicable).

Explanation:

Attached below are the tables prepared by me showing the income statement for the year ending may 29 2011, Balance sheet ending May 29 2011, statement of cash flows fo year ending May 29 2011

3 0

3 years ago

The broker's commission for certain disclosed buyers is protected by the "holdover clause" in the approved Right-to-Sell Listing

Natasha_Volkova [10]

Answer:

for a negotiated time unless the seller lists the property with another broker after expiration and the "Will Not" box is checked.

Explanation:

If broker checks "Will Not" and he lists the property with another broker, length of protection is adversely affected.

6 0

3 years ago

All of these are examples of subsidy except ____________________.

antiseptic1488 [7]

The correct answer is A; Welfare payments given to people who have never worked.

Further Explanation:

There are numerous types of subsidies that are given to American citizens. The government gives these through grants and loans. The person or business that is applying for the subsidy must meet certain criteria. In addition to the federal government local cities and states can give out their own subsidies to people or businesses.

If students meet the criteria they can be given low interest loans to attend college. Farmers are given money so that they can plant their crops that make their farm run. If a teacher has previously had a loan and is working in a high poverty area, they can get a federal subsidy to forgive all of their previous student debt.

Welfare payments are not a subsidy. The payments are given to families that are below the poverty line. They must show proof that they do not have the money they need to make it month by month. Welfare payments can only be given for a certain amount of time and then they are taken away. The families must be looking for a job or show why they can't work.

WIC is a federal subsidy given to parents with children aged 5 and under for milk, and certain food products for the child.

Learn more about the federal subsidy program at brainly.com/question/8824353

#LearnwithBrainly

5 0

3 years ago

Read 2 more answers

A deposit of $90 is placed into a college fund at the beginning of every week for 5 years. The fund earns 3% annual interest, co

laila [671]

Answer:

$25,249.50

Explanation:

Deposit at the beginning of every 6 month (A) = 90

Time period (t) = 5

n = 52

Rate (r) = 3% = 0.03

So, the net amount in the account right after the last deposit is as follows:

= A * [(1+r/n)^(n*t) - 1 / r/n] * (1 + r/n)

= 90 * [(1+0.03/52)^(52*5) - 1 / 0.03/52] * (1 + 0.03/52)

= 90 * [(1.16178399147 - 1 / 0.000577] * (1+0.000577)

= 90 * 280.3882 * 1.000577

= 25249.498559226

= $25,249.50

6 0

3 years ago

Suppose Larry's Lariats produces lassos in a factory, and uses nine feet of rope to make each lasso. The rope is put into a mach

zloy xaker [14]

Answer:

C. None of these would be considered a fixed cost.

Explanation:

Fixed cost is a cost that do not vary with any level of output. It is a cost that does not change irrespective of an increase or decrease in a company's production output.

Example of fixed cost are interest payment on loan, payment of rent, depreciation and cost of land acquisition. All these costs remain the same no matter how high or low production output is.

As in the case above,

•The cost of rope would form part of the total cost (which is sum of all the cost expended by a company in certain production output) and NOT a fixed cost because the rope is used to prepare the final packaged product.

•The packaging material would also form part of the total cost. The cost expended on this material is what makes it a total cost as it forms part of the final production output.

•Employee wages would be regarded as variable cost(cost that vary with the level of output) because it is a production company, hence employee's wages will be dependent on the number of products they are able to produce.

7 0

3 years ago