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iVinArrow [24]
3 years ago
9

At the beginning of the year, long-term debt of a firm is $308 and total debt is $339. At the end of the year, long-term debt is

$269 and total debt is $349. The interest paid is $35. What is the amount of the cash flow to creditors
Business
1 answer:
Gnoma [55]3 years ago
4 0

Answer:

The amount of the cash flow to creditors is $74

Explanation:

Beginning of the year:

Long-term debt = $308

Total debt = $339

At the end of the year:

Long-term debt = $269

Total debt = $349.

Interest = $35

Net new borrowing = Ending Long-term debt - Beginning Long-term debt

= $269 - $308

= ($39)

Cash flow to creditors = Interest paid - Net new borrowing

= $35 - ($39) = $ 74

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Which of the following is considered a constructive delivery of a gift?
Hoochie [10]

Answer:

A) giving the key to a safe-deposit box where the gift is kept

Explanation:

  • A Constructive delivery possession is that acquisition when here a symbolic transfer of property. The constructive distribution of the possession is basically a right that the property is not actually managed
  • But the donor has done something to convey the possession, but the property is of such a nature that physical possession is then not possible, the creative possession of the property is sufficient to carry out the act of gift.
7 0
2 years ago
In constructing a common-size income statement, depreciation will be______. A. omitted since it is a noncash expense. B. express
Naddika [18.5K]

Answer:

B. expressed as a percentage of sales.

Explanation:

The common size income statement is the income statement where n each line the item on the income statement should be expressed as a percentage of sales

In the given options, the option B is correct as it shows that the depreciation would be expressed in sales percentage

Therefore all other options are wrong

3 0
2 years ago
Which of the following statements regarding conducting marketing research in a foreign country is​ correct? A. Good secondary da
diamong [38]

Answer: B. Consumers in foreign markets generally enjoy participating in marketing research.

Explanation: Consumers in foreign countries are accessible because there are currently many ways to address them, for example a company that sells clothes that wants to sell clothes in other markets and need to do a market research on a specific product, can use the large companies such as social networks or e-mail marketing to be able to offer the products or obtain the result of the research they are conducting.

7 0
3 years ago
Justin Company's budget includes the following credit sales for the current year: September, $27,000; October, $38,000; November
Nesterboy [21]

Answer:

Total Cash to collect in November is $34,110.

Explanation:

To determine how much cash can Justin expect to collect in November, we prepare a Trade Receivables Budget.

<u>Trade Receivables Budget</u>

                                   September        October         November

Balance b/d                       $0               $24,300          $40,950

Credit Sales                  $27,000         $38,000           $32,000

Cash Received - 10%    ($2,700)          ($3,800)           ($3,200)

Cash Received - 65%            $0          ($17,550)         ($24,700)

Cash Received - 23%            $0                   $0             ($6,210)

Balance c/d                  $24,300          $40,950           $38,840

Therefore,

Total Cash to collect in November is $34,110 ($3,200 + $24,700 + $6,210).

3 0
2 years ago
A house has a total cost new of $212,340. It is 12 years old and has an estimated remaining economic life of 38 years. The cost
BaLLatris [955]

Answer:

$ 46,000

Explanation:

hope it helps!

.....

7 0
3 years ago
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