Agribusiness, i believe is your answer
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Answer:
b. The indirect method
Explanation:
The Operating Activity Section Calculates the Net Cash flow from Operating Activities. It can be prepared in only two methods according to IAS 7.The methods are Indirect Method, Direct Method
Indirect Method Reconciles the Net Income for the Year to the Net Cash flow from Operating Activities after adjustments of Non- Cash flow Items, and Adjustments for Working Capital Movements.
Direct Method focuses on the Cash Inflows and Outflows related to the Operating activities to Calculate the Net Cash flow from Operating Activities.These Cash flows results from Receipts from Customers and Payments made to Suppliers and Employees
Answer:
2.7 times
Explanation:
The computation of the current ratio is shown below:
Current ratio = Current assets ÷ Current liabilities
where,
Current assets = Cash + account receivable + inventory + marketable securities + prepaid expense
= $30,000 + $65,000 + $72,000 + $36,000 + $2,000
= $205,000
And, the current liabilities is
- Account payable + accrued liabilities + short term note payable
= $40,000 + $7,000 + $30,000
= $77,000
So, the current ratio is
= $205,000 ÷ $77,000
= 2.7 times
Answer:
Current market price is 474.30
Explanation:
The current price of the bond can be computed using the pv function in excel as stated thus:
=-pv(rate,nper,pmt,fv)
rate is semiannual yield to maturity which is 7.6%/2
nper is the 10 years of bond tenure multiplied by 2
pmt is the coupon payable which is zero
fv is the face value of the bond which is $1000
=-pv(7.6%/2,20,0,1000)=$ 474.30
Answer:
Option B
Explanation:
In simple words, The given case is related to the conclusion made by the court in the famous case of Vokes versus Arthur MurrayLinks, in which the jury in the court rules that, a determination of a party carrying better information about a subject matter may be treated as a matter of fact even though it would be treated as an opinion if the parties were speaking for deal on equal conditions.