1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
navik [9.2K]
3 years ago
12

Adison Winery had beginning long-term debt of $41,436 and ending long-term debt of $46,883. The beginning and ending total debt

balances were $51,283 and $56,480, respectively. The company paid interest of $4,471 during the year. What was the company's cash flow to creditors
Business
1 answer:
Blizzard [7]3 years ago
5 0

Answer:

-$976

Explanation:

Adison winery has beginning long term debt of $41,436 and ending long term debt of $46,883

The beginning and ending total balance were $51,283 and $56,480

The company paid an interest is $4,471

Therefore the company cash flow to creditors can be calculated as follows

= $4,471-($46,883-$41,436)

= $4,471 - $5,447

= -$976

Hence the operating cash flow to the creditors is -$976

You might be interested in
A corporation has outstanding $5,000,000 of 9 1/2% 20-year debentures, with a conversion price of $40. If all the debentures wer
Fiesta28 [93]

Answer:

The 125,000 shares of common stock would be issued

Explanation:

For computing how many shares of common stock would be issued, we have to use the formula of common share produced which is shown below:

Common share produced = Par value ÷ Conversion price

where,

Par value is $5,000,000

And, the conversion is $40

Now, apply these values to the above formula

So, the value would be equals to

= $5,000,000 ÷ $40

= 125,000

The time period and rate of debentures is irrelevant, Thus, it is ignored.

Hence, the 125,000 shares of common stock would be issued.

8 0
3 years ago
The law of increasing opportunity costs Multiple Choice applies to land-intensive commodities but not to labor-intensive or capi
yan [13]

Answer:

may limit the extent to which a nation specializes in producing of a particular product.

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invested the same amount of resources in a salon business or any other business as the case may be.

The law of increasing opportunity costs can be defined as a principle in business which states that, if an organization or business firm continually raise (increase) its level of production, its opportunity cost also increases (rises).

Consequently, this may limit the extent to which a nation or country in any part of the world specializes in producing of a particular product so as to reduce or lower its opportunity cost.

3 0
3 years ago
Mandy has been temporarily laid off during a recession comma but expects to be rehired when business picks up. Which type of une
soldier1979 [14.2K]

Answer:

Seasonal Unemployment.

Explanation:

6 0
3 years ago
An unstable government is one that __________.
taurus [48]

Answer:

C

Explanation:

An unstable government is one that changes hand frequently.

<u>When something is said to be unstable, it means that thing keeps fluctuating from one situation, value, or condition to another. </u>

<em>An unstable government is one in which those at the elms of affairs keep changing at frequent intervals. With each new administrator comes new policies. Hence, there are inconsistencies in policy formulation.</em>

Correct option: C

5 0
3 years ago
Read 2 more answers
Technology helps managers to monitor and control business activities and includes each of the following except:
rewona [7]

Answer:

Correct Answer:

b. Less extensive testing of records

Explanation:

Technology which is the use of machines or electronical devices to make work easier is applied in most organizations by organizational managers. <em>Unfortunately, less extensive testing of records is not one of its uses but rather detailed and extensive testing in order to check if there is any error in the records.</em>

8 0
3 years ago
Other questions:
  • g In the discussion case, Ikea's Sustainable Cotton Supply Chain, which statement accurately describes IKEA's supply chain? a. T
    6·1 answer
  • Mayweather reports net income of $327,500 for the year ended December 31. It also reports $105,400 depreciation expense and a $1
    8·1 answer
  • Which of the following is not a component included in a standard business plan?
    10·2 answers
  • An investment of $6,000 produces a net annual cash inflow of $2,000 for each of 5 years. What is the payback period? a.2 years b
    12·1 answer
  • Ann needs to share information about a new hiring policy. She needs to communicate this information to more than one hundred emp
    12·1 answer
  • The Sawtooth Leather Company manufactures leather handbags and moccasins. For simplicity, the company has decided to use a singl
    10·1 answer
  • What is meeting the deductible?
    6·1 answer
  • HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends?
    10·2 answers
  • The cost slope of an activity $ 250/day. The normal duration of this activity is 15 days, the crash cost is $1,500 and the maxim
    6·1 answer
  • According to the law governing mortgage loan brokers, what is the maximum commission Broker Claire can charge for securing a $50
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!