BUSINESS HIGH SCHOOL

Investor Tyler’s property has a potential rental income of $19,000. The vacancy and collection losses for the year were $2,680. The property had operating expenses of $6,160. Tyler’s mortgage expenses for the property were $7,700. What is the before tax cash flow for Tyler’s property?

Answers

Answer 1
Answer:

Answer:

$2,460

Explanation:

Data provided in the question:

Rental income = $19,000

The vacancy and collection losses for the year = $2,680

Operating expenses = $6,160

Tyler’s mortgage expenses for the property = $7,700

Now,

The before tax cash flow for Tyler’s property will be

= Rental income - losses for the year - Total expenses

= $19,000 -  $2,680 - ( $6,160 + $7,700 )

= $16,320 - $13,860

= $2,460

Related Questions

An insect that is resistant to currently used pesticides has infested the cotton crop, and this year's crop is only half of what was produced last year. You accurately predict that this willA. shift the supply curve of cotton to the right, the equilibrium price of cotton will increase, and the demand for cotton will fallB. shift the supply curve of cotton to the right, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease.C. shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease.D. shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the demand for cotton will fall.
Gondola Granola is an American health food grocery store chain with locations in 20 countries. When the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. These master subsidiaries are joint ventures with local partners. Specifically, these joint ventures are politically more acceptable and they:________a. help realize location and experience curve economies b. avoid high transport costs. c. ensure a steady stream of royalty payments. d. tend to provide a higher control over technology e. bring a degree of local knowledge to the subsidiary
Tim is feeling magnanimous, and decides to loan his mother enough for her to pay off her credit card bills. if tim wants to earn 2.1% and expects inflation to be 5.5%, how much will he charge his mother for the loan?
The requirement that only voluntary confessions be admitted grows out of the _____ Amendment
The Krisp Kracker company which makes unique kettle chips for restaurants, clubs, and events, has just lost a large client that made up 55% of its total revenue. Management finds it necessary to reduce staff or wages. This comes only three months after hiring 35 new people to support this big client. While there are rumors of wage reductions in the short run, the 100 employees who have been with the company for the past two years are grumbling that they are more valuable that the new hires which should be let go and the wages not reduced. The situation at Krisp Kracker illustrates which wage stickiness theory best?A. Implicit contract theoryB. Insider-outsider modelC. Relative wage coordination argument

which of the following is a career you would find in the finance career cluster? A) geologist B equine manager C Tax examiner D ecologist

Answers

The finance career cluster helps the people to prepare on how to land jobs relating to banking, investment planning and insurance. The other jobs pertain to science and the environment and it is obvious that the answer is Tax Examiner by simply looking at the name itself. Tax examiners deal with tax returns filed by individuals and businesses. If someone is looking for a government job within the accounting or finance industry they might be considering this.

Answer:

C) Tax examiner

Explanation:

cus i said so

what is the ending balance in finished goods inventory using absorption costing if 80 units are sold (assume no beginning inventory in finished goods inventory)?

Answers

Answer:

To calculate the ending balance in finished goods inventory using absorption costing, you need to consider the cost of goods manufactured (COGM) and the cost of goods sold (COGS). Absorption costing allocates both variable and fixed manufacturing costs to the cost of goods manufactured, and these costs are carried over to finished goods inventory until the products are sold.

Here's how you can calculate the ending balance in finished goods inventory:

Calculate the total manufacturing cost (COGM) for the number of units produced. This includes both variable and fixed manufacturing costs.

Calculate the cost per unit by dividing the total manufacturing cost by the total number of units produced.

Multiply the cost per unit by the number of units in finished goods inventory.

Here's a formula to represent this calculation:

Ending Finished Goods Inventory = (Total Manufacturing Cost / Total Units Produced) * (Total Units Produced - Units Sold)

If you have specific cost figures for variable and fixed manufacturing costs and the total number of units produced, you can use these values in the calculation. However, I would need those specific values to provide you with a numerical answer.

Explanation:

Final answer:

Without having information regarding production costs or units produced, the ending balance in finished goods inventory using absorption costing can't be precisely determined. However, it's generally calculated using the formula: Beginning inventory + Cost of Goods Manufactured - Cost of Goods Sold = Ending Inventory.

Explanation:

In absorption costing, all manufacturing costs, both fixed and variable, are assigned to units of product. They are thus 'absorbed' by the goods inventory. Given you've sold 80 units and we're not given any other information such as production costs or units produced, specific ending balance in the finished goods inventory using absorption costing can't be determined.

That being said, the general formula to determine the ending balance in a finished goods inventory would be: Beginning inventory + Cost of Goods Manufactured - Cost of Goods Sold = Ending Inventory. In this case, since the beginning inventory is zero, if you know your Cost of Goods Manufactured (COGM) and Cost of Goods Sold (COGS), you could calculate the ending balance.

Learn more about Absorption Costing here:

brainly.com/question/32825362

#SPJ11

In the context of investing, the term market refers to?a. existing and potential customers.
b. shops and stores.
c. the buying and selling of stocks, bonds, and securities.
d. the place where stocks, bonds, and securities are traded.

Answers

c. the buying and selling of stocks, bonds, and securities.

Which of the following items is not classified as other comprehensive income (OCI)? a) Extraordinary gains from extinguishment of debt.
b) Prior service cost adjustment resulting from amendment of a defined benefit pension plan.
c) Foreign currency translation adjustments.
d) Unrealized gains for the year on available-for-sale debt securities.

Answers

Answer:

The answer is: A) Extraordinary gains from extinguishment of debt.

Explanation:

Other comprehensive income (OCI) refers to gains that have an effect on the balance sheet of a business but are not included in its income statement. They are reported separately on the statement of comprehensive income along with the net income. These gains have not yet been realized. For example, your company owns government bonds and their price increases, but the company has not sold them yet, so no capital gain has been realized.

Explain what a credit score is and what it tells you about the consumer. What are some ways you can maintain a proper credit score?

Answers

Answer:

Explanation:

A credit score is a tool used is analyzing the creditworthiness of a customer in a numerical way or rating . It is useful in determining who qualifies for a loan , the applicable rate and other condition attached.

It tells about the financial integrity of a consumer through his attitudes to loan facilities over the years.

A proper credit score can be maintained by repaying loans on time ,up your credit card and do not close your credit card account.
A credit score is a score that measures how likely you are to pay back a loan. If the score Is good that means they paid their loans on time. if the score is bad that means they aren't likely to pay any payments they are given through a loan. You can maintain a proper score by paying bills on time, when taking out loans pay the payments on time. and when you loan a car Pay. The. Payments.

The field that deals with behavioral issues as well as technical issues surrounding the development use an impact of information systems used by managers and employees in the firm is called

Answers

Choices to this question are:
A. information systems architecture. B. information technology infrastructure. C. management information systems. D. information systems literacy.

The field that deals with behavioral issues as well as technical issues surrounding the development use an impact of information systems used by managers and employees in the firm is called management information systems. It is letter C.

It is called management information system.

A management information system is simply the study of how computer systems operate

Management information system refers to a computer system that is made up of software and hardware which provides support for the operations of an organization.

Further Explanation

The management information system collects data from different online systems, scrutinizes the information and provides some crucial data that helps the organization to make informed decisions. In other words, a management information systems help an organization in decision making.

The main reason why firms make use of management information systems is to enhance decision making and provide accurate data regarding the company’s assets which include: marketing, the material needed for production, real estate, marketing and many more.

Some of the types of information systems used by companies to create reports and extract data include

  • Decision support system: are programs used by managers to collect data from different sources to aid decision making.
  • Executive information system: are reporting tools which can be used to summarized report quickly, particularly reports from accounting, human resources, etc.
  • Human resources management systems are used in matters relating to personnel.

Other types of information systems include:

  • Accounting information system
  • Local database
  • Marketing information system and many more

LEARN MORE:

KEYWORDS:

  • management system information
  • employees
  • managers
  • data
  • accounting
Other Questions
If you buy 200 shares of stock in a taxable account for​ $22,500 on October​ 1st, sell them for​ $18,000 on October​ 12th, and buy back 200 shares of the same stock on October 28th for​ $19,000, what would be your reportable tax​ loss?
Choose the word that best completes this sentence. Per OSHA’s rules, employers in the construction industry must provide required personal protective equipment at ____________ to workers. (A) Increased price(B) Low cost(C) No cost(D) reduced price
When a business earns more money than it spends, the entrepreneur is paid from the....a. investment. b. royalties. c. commission. d. profit.
Ways similar to overproduction that result in increasing operating income include: A. deferring maintenance to accelerate production B. All of these answers are correct. C. switching production to products that absorb the least amounts of fixed manufacturing costs D. delaying items that absorb the greatest amount of fixed manufacturing costs