Answer:
$4,174
Explanation:
The computation of the cash flow to creditors is shown below:
= Interest expense paid - Addition contributed to a long term loan + Long term loan repaid
= $3,190 - $7,930 + $ 8,914
= $4,174
We simply deduct the additions contributed to a long term and added the long term loan repaid to the interest expense paid
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Answer:
it is an adjustment to net income.
Since the prepaid expenses increased during the year, the amount by which it increased should be deducted from operating cash flows
Explanation:
other adjustments to net income:
depreciation expense
changes in accounts receivable
changes in inventory level
changes in accounts payable
changes in other current liabilities, e.g. taxes payable
The appropriate response is civil service examination. Civil service examination will be examinations actualized in different nations for enlistment and admission to the common administration. They are expected as a strategy to accomplish a successful, objective open organization on a legitimacy framework.
Answer:
Given that Honduras is a small economy in Central America, and it keeps a fixed exchange rate with the US, and capital is perfectly mobile, but interest rates are three percent in the US and six percent in Honduras, the explanation of the difference in these interest rates are as follows:
Honduras has a higher interest rate, meaning that its sovereign bonds pay higher values than the American ones, as well as its banks also pay higher interests on their investments compared to American banks.
This is so for a double reason: on the one hand, because the Honduran economy is less reliable than the American economy, which is larger and therefore more solvent and capable of overcoming eventual crises, with which the risk of default is less.
On the other hand, the Honduran economy is more dependent on foreign investment, so it must offer higher interest rates to attract such investments.