Answer:
The amount of the promissory note plus the interest earned on the due date is called the maturity value.
Explanation:
Maturity value is the amount that has to be paid to an investor at the end of the debt's intrument period. The amount to be paid includes the interest earned during the period of the investment and the amount of money invested.
Answer:
C) $77,000
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.
Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.
Examples: Revenue earned, expenses incurred etc.
There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.
The two methods of presenting cash flow statement are:
1. Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.
2. Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.
Cash flow statement has been attached below:
Hello there!
The measure of how quickly an investment can be converted into cash is known as Liquid.
Answer:
$13
Explanation:
total consumer surplus = ($10 - $6) + ($7 - $6) = $4 + $1 = $5
total supplier surplus = ($6 - $2) x 2 units = $4 x 2 = $8
total surplus in the market = consumer surplus + supplier surplus = $5 + $8 = $13
Since the price is higher than Chuck's willingness to pay, no transaction will occur resulting in 0 surplus.
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