What is the available cash that a property yields if the income is equal to $550,000, the cash expenses equal $220,000, and the principal and interest amount to $75,000?
Answer:
Available cash = Income - (Cash Expenses + Interest Amount)
Available cash = $550,000 - ($220,000 + $75,000)
Available cash = $550,000 - $295,000
Available cash = $255,000
Available cash includes the funds to your account to be had for trading. The finances could both be in form of clear withdrawable balance or unsettled budget out of your income or sold holdings. The budget delivered in the course of the day additionally form part of your to be had cash.
What is Available cash of a enterprise?
“Available cash” way cash of the organization and its Subsidiaries on a consolidated foundation, net of issued however uncleared checks and. As defined in fifty eight.com Inc.
What's without problems Available cash?
Comfortably Available cash manner the sum of (i) cash and coins equivalents that can be transformed into coins within one business Day, and in every case, is available to be used via the company without the payment of expenses, penalties, taxes or other fees and without requiring the consent of, or other action by using, any person.
What's Available cash on a credit card?
With a cash increase, you are essentially the use of the to be Available cash for your credit card to take out a short-term mortgage. instead of borrowing money to buy a terrific or service along with your credit card, you're borrowing cash in opposition to your credit score restrict.
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