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Alina [70]
3 years ago
13

JJ Enterprises has current assets of $10,406, long-term debt of $4,780, and current liabilities of $9,822 at the beginning of th

e year. At year end, current assets are $11,318, long-term debt is $5,010, and current liabilities are $9,741. The firm paid $277 in interest and $320 in dividends during the year. What is the cash flow to creditors for the year? Group of answer choices -$53 $53 $47 -$47
Business
1 answer:
shusha [124]3 years ago
5 0

Answer:

$47

Explanation:

JJ Enterprises

Interest $277

long-term debt i$5,010,

long-term debt of $4,780,

Therefore;

CFC = $277 −($5,010 −4,780)

CFC = $47

Thus the cash flow to creditors for the year is $47

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Explain why employers are considered buyers of skills and employees sellers of skills in the labour market.
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False

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When a sales representative wishes to sell an exempt security to an out of state customer, which statement is TRUE?
GaryK [48]

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Explanation:

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It should be noted that when though the exempt securities aren't typically registered under the Federal law and the State law, the broker-dealers along with the sales employees must be registered unde the state law where the security is being offered.

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Radda [10]

Answer:

B $12,300

Explanation:

Note that the movements in the prepaid insurance account balance is as a result of payments and amortization of these expenses as they fall due. While additional payments increases the prepaid insurance balance, amortization reduces it.

Given that the ending balance in the Prepaid insurance account for 2018 is  $1,400. This is the opening balance for prepaid insurance in 2019. Given that the insurance expense for 2019 is $12,800 and the ending balance in the Prepaid insurance account for 2019 is $900

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7 0
3 years ago
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