Answer:
The gain should be deducted from net profit before tax and interest while calculating cash flows from operations and the cash proceeds is shown under investing activities as positive cash flow.
Explanation:
Since the cash flow is about actual cash received in period,the gain is irrelevant.But the gain must have been added in income statement in arriving at net income,hence in order to avoid double counting the gain impact should be eliminated whereas the cash received from the disposal is brought in down the line under investing activities as cash inflow.
The overall impact of this transaction on cash flow statement is illustrated below:
Gain -$45000
Cash proceeds $230000
Net impact $185000
The transaction has $185000 impact on the cash flow statement as a whole.
The correct answer is to debit Cash (an asset) for $1,000 as the company now has the cash and credit Deferred Revenue (a liability) for $1,000 as the company now has an obligation to provide services in the future.
<h3>What is
Revenue?</h3>
The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.
The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.
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Damian can make use of CSS to style the elements of HTML documents.
Answer: Option 1.
<u>Explanation:</u>
CSS stands for Cascading style sheets, which is a type of web language, called style sheet language which standardizes the layout throughout a website. Therefore used for describing the look and formatting of a document, from document presentation, including elements such as the layout, colors, and fonts.
The major characteristics of CSS include styling rules which are interpreted by the client browser and applied to various elements in your document. Major characteristics include: A style rule consists of a selector component and a declaration block component.
Answer:
I d speak this language sorry <3
Answer:
Results are below.
Explanation:
To determine whether the project should be accepted or not, we need to calculate the net present value. <u>If the NPV is positive, the project should be accepted.</u>
<u>To calculate the NPV, we will use the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
Cf1= 9,800/1.0975= 8,929.38
Cf2= 16,400/1.0975^2= 13,615.54
Cf3= 21,700/1.0975^3= 16,415.20
Total= $38,960.12
NPV= -38,700 + 38,960.12
NPV= 260.12
<u>The project is profitable. </u>
