Answer:
Interest Expense $39,600
Cash Flow from Operating Activities $39,600
Explanation:
Payment of Interest Expense is the cash expense paid during the year which is deducted from the operating profit in the calculation of net income which is used to determine the cash flow from operating activities.
Interest on the Bond = $660,000 x 6% = $39,600
At the time of payment Journal Entry will be as follow
Dr. Interest Expense $39,600
Cr. Cash $39,600
As the cash is paid against the operating activities.
Answer:
Yes
Explanation:
The damages can be recovered as Jerome and Gary hung the playground swing improperly. A child was injured due to their negligent actions. The case will be on Meadowbrook Playground and not on the individual person who has committed the mistake. According to law, the damages can be recovered as the enterprise owned the whole property, and due to their carelessness in the installation of swing, the accident took place. The child's parent has every right to recover damages from the playground owner.
Answer:
well they need to have good marketing to get poeples attention and making them want to invest in such thing
Answer:
Quantity demanded for balloons will increase.
Explanation:
According to the law of demand, there is an inverse relationship between the price of the commodity and the quantity demanded for that commodity.
This means that if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand if there is a fall in the price of a good then as a result the quantity demanded for that good increases.
Therefore,
Fall in the price of balloons will lead to increase the quantity demanded for balloons.
Answer:
The correct answer is C. firm to the environment.
Explanation:
Currently, when a company begins its usual operations and the one that it will play day by day throughout its existence, it cannot leave aside knowing the role of its company, the environment in which it develops its function as a company or its operation with the environment , and it is essential that the company meets the social responsibility to which it is obliged.
It should always be taken into consideration that the life of the human being is greatly influenced and affected by the environment that surrounds it, so that the proper development and even its survival, depends entirely on the relationship between the company and The environment around us. And as with a coin, which has two sides, exactly the same thing happens between business and environment relationships, since on the one hand our environment provides us with the energy and resources we need to take advantage of them in Our business operations.
While on the other hand, man is also exposed to the possible aggressions that occur in the environment, as in the case of floods, pests, diseases, inclement weather or deprivation of resources, between others. The problem with this is that in our current society, the more it produces the more resources are needed, and the more it consumes the more waste and garbage is generated.