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maria [59]
3 years ago
10

Santiago Incorporated has a constructing company in which he does major constructing jobs and also leases his heavy-duty equipme

nt to help supplement his income. His cash account is very important in the running of both of his businesses as he uses the accrual basis of accounting . What method would you suggest that Jay Santiago use for recording cash flow from operating activities and why?
Business
1 answer:
Dafna11 [192]3 years ago
4 0

Answer:

"Direct Method" is the right answer.

Explanation:

  • The direct approach provides a clearer overview of how a company receives currency. And therefore it is regarded as equivalent to the alternative manner.
  • Compared to the price of something like the money market account throughout the particular circumstance, the above direct method of registering cash balance somewhat from operations would be advised.
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in addition to sanctions imposed by the maryland real estate commission, serious violations of real estate license laws can resu
DanielleElmas [232]

Both you and your broker might be penalized for significant offenses when they were known to them, and both of you could have your licenses suspended or revoked.

<h3>If you are found guilty of a significant offense in Pennsylvania and it is discovered that your broker knew about it, what is the worst-case scenario?</h3>

Both you and the broker might get fines and have your licenses revoked or suspended.

<h3>What is the maximum fine that the Maryland real estate commission will impose?</h3>

The most severe penalty will consist of a real estate license being revoked and a hefty fine exceeding $10,000. This could occur if a Maryland real estate broker collects rental income on the client's behalf but does not give the client access to the funds.

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5 0
1 year ago
If a country's economic data shows private savings of $500 million, government
jolli1 [7]

Answer

Investment equals B) $500

Explanation:

We first lay out the national income identity in this form:

Y-C-G = I + NX

Where:

Y-C-G = National Saving

I = Investment

NX = Net exports (when NX is posivite, the economy is running a trade surplus).

National Saving = Private Saving + Public Saving  (Tax revenue minus Government spending ($400 - $300))

National Saving = $500 million + $ 100 million

National Saving = $600 million

Now we plug the amounts into the identity =

$ 600 million = I + $ 100 million

We rearrange terms

$600 million - $100 million = I

$500 million = I

So, Investment is $500 million

8 0
4 years ago
Your plan to enter a career is an example of a (an)
Vesnalui [34]
Plan or devotion in life, it is an influence to what you want to do :)
8 0
3 years ago
Read 2 more answers
The management of Lanzilotta Corporation is considering a project that would require an investment of $225,000 and would last fo
Sav [38]

Answer:

Payback =1.53 years

Explanation:

The  annual cash-flow figure that is to be used in this calculation should not include depreciation as depreciation is a non-cash item. Net operating income from the project is $115,000 and to get to annual cash-flows, depreciation should be added back.

Annual cash-flows for each of the 6 years would therefore be:

$115,000+$32,000=$147,000

The scrap value would be expected at the end of the project i.e end of year 6.

Year  Cash-flow   Balance

0    (225,000)         (225,000)

1    147,000              (78,000)

2    147,000               69,000  

By end of year 2, the company has already recovered the $225,000 initial investment as seen through the positive cumulative balance

Payback = Years With Negative Cumulative Cash-flow Balance + \frac{-LastNegativeBalance}{CashInflowfollowingYear}

=1+\frac{78,000}{147,000} =1.53years

5 0
3 years ago
Private saving refers to ________. A) disposable income minus consumption expenditure B) total expenditure minus purchases of ca
nataly862011 [7]

Answer:

disposable income minus consumption expenditure

Explanation:

3 0
3 years ago
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