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xeze [42]
3 years ago
5

The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method f

or operating activities) as a(n)
Business
1 answer:
adelina 88 [10]3 years ago
7 0

Answer:

Operating Activity

Explanation:

The Indirect method, reconciles the Operating Profit to the Operating Cash Flow by adjusting the following items (1) Non Cash flow items previously added or deducted from Operating Profit and (2) Changes in Working Capital items.

Amortization of bond premium is an item of non-cash flow that was previously deducted from Operating Profit and needs to be <em>added</em> back.

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The major parts of the Stockholders' Equity section of the balance sheet are
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The correct answer is choice D.

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To reverse a downward trend in sales, Mazda introduced its MPV minivan. Mazda positioned its van as a cross between a standard m
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3 years ago
Pop Consulting leased machinery to Red Inc. on July 1, 2018. The lease was recorded as a sales type lease. The present value of
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Answer:

The increase in earnings is $136511.56

Explanation:

Since the lease is a sale type of lease,it means that as soon as the machinery is delivered to the lessee,profit should be recognized on the lease transaction,which is computed below:

Profit on lease=present value of lease payments-costs

                         =$274149-$156000

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However,every six months interest is charged on the lease,which clearly indicates another source of earnings,the interest in the first six months is given below:

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Please note that interest is charged after lease payment as lease payment is made in advance not in arrears.

Conclusively, the increase in earnings is $118149+$18362.56

That is $136511.56

                                                                   

5 0
2 years ago
Sebastian plans to open a restaurant but he is unsure about how to attract customers. He hires a consumer researcher to analyze
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The correct answer is c. ethnicity

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3 years ago
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