Answer:
Olivia keeps her work desk neat and arranges her files in alphabetical order. She’s demonstrating the professional habit of organization . Chang provides support to his coworkers when they need to interpret the computer codes in some records. He’s demonstrating the professional habit of adaptability .
Explanation:
A budgeted income statement is simply a predicted income statement for a future period of time, I believe
Answer: Ivan's monthly tax payment is $194.67.
The property tax rate is usually the property tax rate for an entire year.
We calculate the property tax in dollar terms as follows:
Since $2336 is the property taxes for a whole year, we calculate monthly taxes as
Answer:
long-term bonds will rise in value more than short-term bonds.
Explanation:
There is an inverese relationship between the price of bonds and interest rates. Since the market interest rate has increased, the value of both short term and long term bonds would go down. Long term bonds carry greater interest rate risk, since the number of fixed coupon payments is more in case of such bonds as compared to short term bonds. Such long term bonds would therefore become less attractive to investors as market rates of interest are higher than the fixed interest payments resulting in a decline in the value.
Long term bonds are more sensitive to interest rates than short term ones, all other factors being constant
Answer:
$9,000
Explanation:
The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.
The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.
The net cash flows from operating activities using the indirect method
= -5000 - 20,000 + 10,000 + 25,000 - 1,000 (all amounts in $)
= $9,000
This represents a net inflow.