Answer:
$50,000
Explanation:
The preparation of the operating activities under the indirect method is shown below:
Cash flows from operating activities
Net loss -$12,000
Add: Depreciation expense $24,000
Add: Decrease in account receivable $28,000
Less: Increase in inventory -$20,000
Add: Increase in account payable $30,000
Cash provided from operating activities $50,000
The options are incorrect. The right answer is shown above
Answer:
C) She asks, "How much do I need to put down now to reserve the date?"
Explanation:
Anne asking "How much do I need to put down now to reserve the date?" is a signal that she is ready to sign the contract to book the reception.
Obviously, Anne Mason would only ask how much is required to put down to reserve a date at the Brook Park Zoo because they had just finished negotiating all the details of her upcoming wedding reception and she's satisfied with the service.
Landscaping is a good example.
Answer:
The correct answer is C: likely that a court will allow the rescission based on a mistake of fact.
Explanation:
Brian was not aware of that fact that the horse is incapable of breeding at the point he buys it, but Larson assures Brian the horse is healthy. In this light, if Brian sues to cancel the contract with Larson, the court will allow it based on a mistake of fact. This way the court will reduce any civil liability or criminal culpability because Larson might not know that the horse cannot breed, although he is certain that the horse is healthy.
Answer:
The correct option is C,investors expect future short rates to be lower than the current 3 month interest rate.
Explanation:
The yield to maturity is the effective interest rate on a debt obligation which implies the actual return that investors receive by investing in bonds.
The yield to maturity is different from the coupon interest which is the actual amount of cash receivable by investors periodically.
Specifically,a higher yield on short term T-bill means that investors expect that the future interest rates on long-term dated bonds to be much lower.
This is due to the fact the longer the time to maturity the more uncertain the interest rates in the bond markets become.
