Answer:
Cash inflow from Financing Activity.
Explanation:
We know, that issuance of bonds = Financing Activity in cash flow statement.
But only the transactions involving cash transactions are recorded in cash flow statement.
Thus, here the purpose of issue of bonds is to acquire a building, but it is not issued in exchange of building.
Thus, the cash collected from issue of bonds will be used for the acquisition of building therefore, cash collected through issue of bonds is cash inflow from financing activity.
When the building will be bought it will be cash outflow in investing activity.
Final Answer
Cash inflow from Financing Activity.
Answer:
Journal Entries
Dr. Cr.
Sale of Merchandise
a. Account Receivable $4,240
Sales $4,000
Sales Tax Payable $240
Cost of Goods Sold $2,360
Merchandise Inventory $2,360
b. Payment of Sales Tax
Sales tax Payable $42,110
Cash $42,110
Explanation:
Sales of Merchandise increase the account receivable and tax liability as well. Inventory has been reduced by the cost of merchandise.
Tax is paid and sales tax liability is reduced along with cash.
The correct answer is D) attributes.
The term that best reflects the guidelines that the employees of Neptune LLC are expected to follow is "attributes."
Neptune LLC knows that to be productive, it has to hire accountable employees that are efficient and productive. To do this, employees need to know from the first day at work, what are their responsibilities and the way they are going to be evaluated. Otherwise, they are going to do what they know, but probably not following the attributes that the company demands That is why the company establishes guidelines regarding the resources and capabilities that they should invest their company's money and time in. Employees do not need to have any doubt about the attributes of the company and they should know what is expected of them.
Answer:
Gross Domestic Product
Explanation:
Gross Domestic Product or GDP is the most important macroeconomic variable because it measures the amount of goods and services that are produced within an economy in a given year. In other words, GDP is one of the most accurate measures of economic activity that economists have found so far.
GDP impacts companies because they depend on external market forces to stay afloat. If GDP falls one year, this means that economic activity declined, and companies are likely to feel the effects of it in the form of lower sales, lower revenues, less profits, less hiring, more firing, etc.
