Answer:
A decrease in cash flows from financing activities
Explanation:
When cash dividend is paid,
It is an outflow of cash as paid, therefore it will decrease the cash flows.
Further dividend is paid to equity, or preference capital raised for business, which is a financing activity.
Therefore, a cash dividend paid to shareholders will result in decrease in cash flow from financing activities.
Whereas cash dividend received is investing activity.
Final Answer
A decrease in cash flows from financing activities.
Answer:
Surnum's exchange rate is pegged.
Explanation:
Exchange rate is the rate at which a countrie's currency is exchanged for another. Usually when there is more demand for a countrie's currency it will have more value than other currencies and vice versa.
There are two ways a countrie's currency rate can be controlled in relation to others.
First is by market forces of demand and supply.
Secondly is by pegging the countrie's currency against another and using reserves of the other currency to account for market fluctuations.
In this instance Surnum has pegged it's currency against the dollar, so it will use its dollar reserves to account for fluctuations in order to maintain the pegged exchange rate.
A. falls is the best option
Answer:
The totals of Trial balance have a difference of $8,000. The credit balance totals of Trial balance is higher than the debit totals because the original entry of debit is mission and there is an wrong posing on the credit side which reduce the debit balance by $4,000 and Increase the credit balance by $4,000 at the same time. Net effect will be $8,000 in totals of trial balance.
