Answer:
-$144,000
Explanation:
Cash flow from financing activities
Payment to retire bonds payable -$361,500
Proceeds from borrowing at bank (note payable) $217,500
Net cash used by financing activities -$144,000
The payment made to retired bond payable reflects the outflow of cash so we deducted it and the borrowing at bank is a cash inflow so we added it
And, the rest items are not relevant. Hence, ignored it
John Taylor's thumb rule is based on the notion that in order to assist the economy, it is necessary to produce at potential output, central banks are willing to tolerate <u>Positive rate of inflation</u>.
<h3>The Taylor Rule define as:</h3>
The Taylor Rule is a rule that ties a central bank's policy rate to inflation and economic growth. It was developed in 1993 by economist John Taylor and posits an equilibrium federal funds rate 2% higher than the yearly inflation rate.
<h3>What is rates of inflation?</h3>
Inflation is defined as an increase in the prices of goods and services purchased by households. It is calculated as the rate of change of such prices. Prices usually rise over time, but they can also fall (a situation called deflation).
<h3>Describe central banks: </h3>
A central bank, reserve bank, or monetary authority is an institution that manages a state's or formal monetary union's currency and monetary policy as well as its commercial banking system. In contrast to a commercial bank, a central bank has a monopoly on raising the monetary base.
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Answer:
Budgeted sales for July = $1,755,000.
Explanation:
<em>Sales budget simply shows the expected sales revenue for a forthcoming accounting period. It is simply prepared by showing the quantity expected to be sold multiplied by the unit selling price. </em>
For example, the sales budget for July, for Morganton Company would be
= Units selling price × expected units to be sold
Budgeted sales for July = $65 × 27,000 = $1,755,000.0
<span>This is false. When a natural disaster strikes an area, this creates an exemption to the WARN Act. The company is not liable for not giving 60 days' notice to the employees before terminating their employment with the company.</span>