Answer:
<u><em>C. Keep their expenses below their income</em></u>
Explanation:
Answer:
a) A gain is subtracted from net income.
d) An increase in operating current assets is subtracted from net income.
e) A decrease in operating current liabilities is subtracted from net income.
Explanation:
Operating activities: It involves those transactions that affect the after-net income working capital. It would subtract the rise in current assets and a decrease in current liabilities while add a decrease in current assets and an increase in current liabilities.
It would modify those changes in working capital. For addition, the depreciation costs are added to the net income and the loss on the sale of assets is applied, while the gain on the sale of assets is excluded
So, the following options are used-
a) A gain is subtracted from net income.
d) An increase in operating current assets is subtracted from net income.
e) A decrease in operating current liabilities is subtracted from net income.
Answer:
Option D; JO IS LIABLE TO BIG LOAN CO. SINCE SHE RECEIVED A NOTICE FROM THEM ABOUT THE ASSIGNMENT.
Explanation:
A mortgage is a loan provided by a mortgage lender or a bank that enables an individual to purchase a home.
Mortgage payments usually occur on a monthly basis and consist of four main parts: principal, interest, taxes and insurance.
A transfer of mortgage is the reassignment of an existing mortgage, usually on a home, from the current holder to another person or entity.
When mortgage is transferred, two notices will be sent: one from the current mortgage servicer and the other from the new servicer. All payments after the notification will be made to the new servicer.
Since Jo was notified about the reassignment from Fund All Savings to Big loan Co. but still continues to pay Fund All Savings and Big Loan Co. sues Jo for nonpayment. What is most likely to be the court's judgement is that JO IS LIABLE TO BIG LOAN Co. SINCE SHE RECEIVED A NOTICE FROM THEM ABOUT THE ASSIGNMENT.
Answer:
option (D) $50 billion.
Explanation:
Data provided in the question:
Additional investment spending = $20 billion
MPC = 0.6
Now,
Increase in aggregate demand = [1 ÷ (1 - mpc) ] × Investment
or
Increase in aggregate demand = [1 ÷ (1 - 0.4) ] × $20 billion
or
Increase in aggregate demand = (1 ÷ 0.4) × $20 billion
or
Increase in aggregate demand = 2.5 × $20 billion
or
Increase in aggregate demand = $50 billion
Hence.
the correct answer is option (D) $50 billion.
Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash
Explanation:
The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.
When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.
For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.
