Answer:
d. $8,000
Explanation:
‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.
Net cash flow from financing activities section is shown below:
a. What needs to happen
c. What is predicted to happen at a future date
b. What is estimated to happen
d. None of these Please select the best answer from the choices provided A B C D
Answer:
What is estimated to happen
Explanation:
Flowcharts are created to gather information to determine what will or what could happen.
Answer:
D
Explanation:
Payment of closing costs is required because it is a sign to the lending institution that the investor has every intention of making payments on time.
b.
If closing costs were paid over time, they would most likely be forgotten and never paid off.
c.
Most home buyers pay for their houses in full, and consequently pay for the closing costs in full as well.
d.
The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.
Answer:
D BOYS
Explanation:
Closing costs are a one-time fee because they pay for necessary services when buying a property, including title searches, loan origination fees, and realtor commissions. These costs are required to be paid at close to finalize the transaction and establish trust with the lender.
Closing costs are a one-time fee because they cover a variety of services and costs required to finalize the purchase of a property. These include title searches, loan origination fees, realtor commissions, and transfer taxes. After the closing of the purchase, the buyer's only remaining obligation is to repay the loan to the lender.
The reason these costs are paid in one lump sum at close rather than spread out over time is two-fold. Firstly, many of the services provided in these costs are required to be completed before the transaction can be legally closed. Secondly, by paying these costs upfront, the buyer ensures a clear transition of ownership and helps to establish trust with the lender.
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b. unilateral
c. mutual
d. rescission
e. fraudulent
Answer:
The correct answer is (B)
Explanation:
The unilateral mistake can incorporate various parts of the agreement including explicit laws, facts, or term definitions. Going into a legitimate agreement necessitates that the two gatherings completely comprehend the terms and duties of the agreement. A case of a unilateral failure happens when one of the gatherings does not understand every aspect of the agreement. Unilateral failures will in general be more typical than bilateral when managing contracts.
Answer:
The fee system corrects a problem known as the Tragedy of the commons.
Explanation:
The tradegy of the commons is an economic theory that states how individuals make use and exploit natural resources to the point of depletion, out of their own self-interests and disregarding the general well-being of society. The term was made popular by biologist Garrett Hardin's scientific publication of the same name in 1968 and references economist William Lloyd when talking about the devastation of pastures in England back in 1832. This example proves that all individuals act on self-interest by contrasting the limited use of private owned pastures to preserve the land and the health of its herd, to the common pasture that was devastated by all herdsmen.
b) $14,910
c) $10,08
d) $0
Answer:
The company's net income for the year was $19680
Explanation:
Ending Retained earnings=Beginning Retained earnings+Net income-Dividends
401,060 = 386,200 + Net income - 4820
Net income = (401,060 + 4820 - 386200)
=$19680.
Answer:
Creation of radical innovation.
Explanation:
Radical innovation is one that changes the system and way of doing things and introduces a new framework of work. It tends to create new markets for products. A popular example is Netflix with their video streaming service changed the industry and put Blockbuster out of business.
Incremental innovation on the other hand adds to the already existing way of doing things.