Answer:
c. $3,443
Explanation:
Date Account Titles Debit Credit
Jan 1 Cash 101370
Bond payable 97000
Premium on issue of bonds 4,370
(101370-97000)
Jul 1 Interest expenses (3680 - 437) 3,443
Premium on issue on bond 437
(4379/5 * 6/12)
Cash (97,000*8%*6/12) 3,800
Answer:
$222,664
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
The net cash flow from operating activities
= $245,130 + $20,107 - $14,733 - $29,685 + $3,608 - $5,431 + $3,668
= $222,664
Answer: project manager
Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.
Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.
Answer: $440000
Explanation:
Fair market value = $4025000
Book value of asset = $2,850,000
Land value = $625,000
The value of the goodwill will be
(Fair market value - book of asset - land value) × 80%
= ($4,025,000 - $2,850,000 - $625,000) × 80%
= 550000 × 80%
= 550000 × 0.8
= $440,000
In monopolistic competition prices are usually higher than in perfect competition.
