Answer:
c. $59,000
Explanation:
The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.
When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.
Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.
Answer:
a. revenue (R), affecting owner's investment (I)
b. not affecting owner's equity (NOE)
c. expense (E) and affecting owner's investment (I)
Explanation:
Revenues and Expense form Profits which are included in the statement of changes in equity through the Retained Income line item, thus these two also affect owners investment.
Answer:
$413.73
Explanation:
Here you want to find the monthly installment (payment) towards a student loan. We use the Time Value of Money techniques to find the missing parameter (PMT) as follows :
PV = $40,200
P/YR = 12
N = 10 × 12 = 120
I = 4.35 %
FV = $ 0
PMT = ?
Using a financial calculator to enter the values as above, the monthly installment (payment) will be $413.73.
Answer:
Stock split can be understood as an addition of more outstanding shares to the existing shareholders. It is generally done when a company experiences an increase in the price per share.
Explanation:
A stock split, in most common languages, can be understood as a splitting of the outstanding shares because of the price rise in these shares. This splitting of shares is done by the board of directors of the company to increase the number of shares. The most important reason is to make the shares affordable to the investors and not influencing the capital of the company. The stock split usually happens when any company experiences an increase in the per-share price and when it is found that the price has increased beyond the estimated limit of the company or is higher compared to similar other companies in the same market.
Answer:
Explanation:
Agriculture is important occupation throughout the world because it is like a backbone to all other occupations and especially its important for we humans to survive. If there is no agriculture then there will not be any healthy population to support any other occupation and hence a very poor world.