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jeka94
3 years ago
7

At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $36,554. During the year, the company repaid

a long-term loan in the amount of $8,914. The company paid $3,190 in interest during the year, and opened a new long-term loan for $7,930. What was the cash flow to creditors during the year?
Business
1 answer:
Nonamiya [84]3 years ago
3 0

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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Boris works as a receptionist. He's happy with his salary, he gets along well with his coworkers and his boss, he feels no stres
Naily [24]

Answer: Person-Vocation fit

Explanation: According to the question, Borris lacks Person-Vocation fit as he isn't fully satisfied in his current field of employment as a receptionist, he is aspiring for a better more Noble job profession.

Although Boris has no issue with his current company of employment, he is not satisfied with his job.

7 0
4 years ago
What are the adjusting journal entries for each month (june, september, december, march)?
san4es73 [151]

Answer:

June 2019

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

September 2019

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

December 2019

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

March 2020

Interest Expense $ 2,531.25 (debit)

Bank $ 2,531.25 (credit)

Explanation:

For each Month, Recognise an Expense - Interest and Also de-recognise the Asset - Cash as interest is being paid.

Interest Expense Calculation = 3/12×$225,000×4.5%

                                                = $ 2,531.25

8 0
4 years ago
In an economic decision making, when the inputs and outputs are fixed, the criterion to use is minimize the input.
Tresset [83]

Answer:

Correct answer is False for economic decision making, when the inputs and outputs are fixed, the criterion to use is minimize the input

Since, both input and output are fixed, the input can’t be decreased. Each of them has to be fixed in directive to vary the association among them. (It can be fixed contribution, or fixed production or neither one of them is fixed)

3 0
4 years ago
Read 2 more answers
Indicate what components of GDP (if any) each of the following transactions would affect.
kvv77 [185]

Answer:

It will fall under Consumption if it is a commodity or non-capital good purchased.

It will fall under Investment if it is a capital good that was sold or purchased.

It will fall under Government Spending if the Government bought or paid for it.

It will fall under Net Exports if it involves the purchase of goods from another country or the sale of goods to another country.

You buy a new Toshiba computer  - CONSUMPTION AND NET EXPORTS.  

Toshiba is a Japanese Company.

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The Desktop is considered a capital good as it can be an investment by the family to produce goods or services.

Aunt Jane buys a new house from a local builder.  INVESTMENT

Housing is a capital good.

The federal government sends your grandmother a Social Security check. - TRANSFER PAYMENT which means it is not to be included in GDP.

Texas hires public middle school teachers .  - GOVERNMENT SPENDING.

Texas will be spending to pay teacher's salaries.

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Uncle Paul pays a domestic contractor for renovating his home - CONSUMPTION.

This is housing but it involves buying goods to change the appearance of the house not buying the house itself.

6 0
4 years ago
Marbry Corporation's balance sheet and income statement appear below.
Maslowich

Answer: 382

Explanation:

8 0
3 years ago
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