$3500 sum will spk record for interest expense in their december 31, 2022
Interest = $ 6000 for 12 months.
From June to December there will be 7 months due,
therefore 7/12x6000 = $ 3500
An interest expense is the fetched brought about by an substance for borrowed reserves. Intrigued cost may be a non-operating cost appeared on the salary explanation. It speaks to intrigued payable on any borrowings—bonds, credits, convertible obligation or lines of credit. It is basically calculated as the intrigued rate times the exceptional foremost sum of the obligation. Interest expense on the income statement represents interest accrued during the period covered by the financial statements, and not the amount of interest paid over that period. While interest expense is tax-deductible for companies, in an individual's case, it depends on their jurisdiction and also on the loan's purpose.
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Answer:
$(4,000)
Explanation:
Calculation to determine At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash
Inventory purchased on account $5000
Less Returned of inventory purchased $1,000
Net Operating Cash Flow $(4,000)
($5,000-$1,000)
Therefore At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash is $(4,000)
The correct option is A. a certification mark.
<h3>What is a certification mark?</h3>
A "certification mark" refer to any word, name, symbol, device or their combination that is used by a person other than its owner.
It is a special mark that is created for a purpose uniquely different from that of an ordinary service mark or trademark.
Here, Jim can register his character's name as a certification mark to get the unique identity.
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Answer:
a. Increase in Net Exports, Increase in AD, real GDP will stay same
b. Excess Demand
c. Appropriate Contractionary Fiscal Policy : decrease tax & or increase government expenditure
d. Actions smooth business cycle by brining actual real GDP towards full employment
Explanation:
Aggregate Demand is the total value of goods & services all the sectors of an economy are planning to buy during a given period of time
Aggregate Demand [AD] = Consumption [C] + Investment [I] + Government Expenditure [G] + Net Exports [NX = Exports (X) - Imports (M)]
Aggregate Demand > Aggregate Supply at full employment level is Excess Demand. Aggregate Demand < Aggregate Supply at full employment level is Deficit Demand
Decrease in Investment leads to fall in Aggregate Demand. It creates Deficit Demand & decreases real GDP. It can be corrected through demand expansionary fiscal policy of decreasing taxes & increasing govt. expenditure.
Increase in exports leads to increase in net exports & in turn increase in aggregate demand. This causes Excess demand problem & real GDP will remain same (economy already at full equilibrium, GDP cant be increased more). Appropriate Fiscal Policy [Contractionary Fiscal Policy] includes decreasing taxes & or increasing govt. purchase.
These actions will smooth out business cycle by bringing actual real GDP back to full employment level.
B) Fiscal policy requires a short and contentious legislative process
