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lions [1.4K]
2 years ago
5

You plan to borrow $ 4 comma 000 from a bank. In exchange for $ 4 comma 000 ​today, you promise to pay $ 4 comma 160 in one year

. What does the cash flow timeline look like from your​ perspective? What does it look like from the​ bank's perspective?

Business
1 answer:
just olya [345]2 years ago
6 0

Answer:

Please check the attached image for the diagram

Explanation:

I would be borrowing $4000 from the bank. I would be $4,000 richer and the bank would have $4000 less.

In one year, I would be paying the bank $4160. So I would have $4160 less and the bank would be $4160 richer.

A negative sign indicates cash outflow and a positive sign indicates a cash inflow.

I hope my answer helps you.

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Answer:

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Explanation:

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Gable Inc. is a provider of home furnishings. The company uses the FIFO inventory method. The following information was taken fr
Alexus [3.1K]

Answer:

a. LIFO is the last  method of accounting for inventory by recording the most recently produced or purchases item as the item sold first . If there is an increase in the cost of the item , this would mean higher cost of goods as you would have to record the item with the higher cost as the sold item

b.  1. Income before taxes = 110,000

    2. Income tax expense = 44,000

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Cost of goods sold with FIFO = $1,850,000

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2 years ago
?_____ are responsible for developing operational plans. ?middle managers ?board of directors ?top managers ?lower-level manager
Gelneren [198K]
The answer is your last option: lower-level managers. Hope I helped! :)
7 0
3 years ago
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vlabodo [156]

Answer:

B

Explanation:

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2 years ago
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MArishka [77]

Answer:

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3 0
3 years ago
Read 2 more answers
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