If another player’s token lands on the property that you own and pays you rent, which elements are affected.单项选择题

题目图片
A

a. Owner's Equity and Revenue

B

b. Assets and Liabilities

C

c. Revenue and Expenses

D

d. Assets and Revenue

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Which of the following is the correct definition of an element that is reported on financial statements?

Legal Matters has provided you with the following list of accounts and have asked you to identify the appropriate element for each of the listed accounts:[table] Account Name | Element Accounts Payable | Blank 1 Question 1 AssetLiabilityOwners' EquityIncomeExpense Accounts Receivable | Blank 2 Question 1 AssetLiabilityOwners' EquityIncomeExpense Bank | Blank 3 Question 1 AssetLiabilityOwners' EquityIncomeExpense Bank Loan | Blank 4 Question 1 AssetLiabilityOwners' EquityIncomeExpense Capital | Blank 5 Question 1 AssetLiabilityOwners' EquityIncomeExpense Depreciation | Blank 6 Question 1 AssetLiabilityOwners' EquityIncomeExpense Discount expense | Blank 7 Question 1 AssetLiabilityOwners' EquityIncomeExpense Discount Income | Blank 8 Question 1 AssetLiabilityOwners' EquityIncomeExpense Drawings | Blank 9 Question 1 AssetLiabilityOwners' EquityIncomeExpense Electricity | Blank 10 Question 1 AssetLiabilityOwners' EquityIncomeExpense Fees Revenue | Blank 11 Question 1 AssetLiabilityOwners' EquityIncomeExpense Furniture & Fittings | Blank 12 Question 1 AssetLiabilityOwners' EquityIncomeExpense Motor Vehicle | Blank 13 Question 1 AssetLiabilityOwners' EquityIncomeExpense Rent | Blank 14 Question 1 AssetLiabilityOwners' EquityIncomeExpense Supplies expense | Blank 15 Question 1 AssetLiabilityOwners' EquityIncomeExpense Supplies on Hand | Blank 16 Question 1 AssetLiabilityOwners' EquityIncomeExpense Telephone & Internet | Blank 17 Question 1 AssetLiabilityOwners' EquityIncomeExpense Wages | Blank 18 Question 1 AssetLiabilityOwners' EquityIncomeExpense [/table]

Pedersen Industries wants to initiate a new project. To facilitate the project, an increase in cash of $20,000 will be required and the firm needs to build up $15,000 in inventory. The firm is expecting revenues of $500,000 per year and cost of goods sold (COGS) of $400,000. Pedersen Industries is expecting that Accounts Receivables (AR) will account for 5% of annual sales and Accounts Payables (AP) will account for 10% of COGS. All these changes will occur in year t=1. ​ What is the incremental cash flow effect from the change in Net Working Capital (NWC) in year 1?

When evaluating a new project, firms should include in the projected cash flows all of the following EXCEPT:

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