Answer:
False
Explanation:
The general purpose of idea generation is to come up with the largest amount of possible ideas, it doesn't matter how crazy they might seem.
The purpose of succeeding stages will be to funnel the ideas and only work and develop the most promising ones.
Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.
Answer:
$24,800
Explanation:
Indirect method reconciles the Net Income to Operating Cash flow by adjusting for non -cash items previously included in net income and changes in working capital.
Cash flow from Operating Activities
Net income $22,000
Add Depreciation Expense $10,800
Less gain on the sale of equipment was ($500)
Decrease in Inventory $7,800
Decrease in Accounts Payable ($8,400)
Increase in Accounts Receivable ($6,900)
net cash provided operating activities $24,800
Therefore
The net cash provided (used) by operating activities is $24,800
Answer:
$23,709
Explanation:
Data provided in the question:
Amount of bond issued = $700,000
Duration = 5 years
Interest rate = 8%
Selling amount of bond = $728,700
Market rate of interest = 7%
Now,
Interest paid = Amount of bond issued × Interest rate
= $700,000 × 0.08
= $56,000
Interest expense = Amount of bond sold × Market Interest rate
= $728,700 × 0.07
= $51,009
unamortized premium = Selling amount of bond - Amount of bond issued
= $728,700 - $700,000
= $28,700
Amortized amount = Interest paid - Interest expense
= $56,000 - $50,009
= $4,991
Balance of the premiums on bonds payable account immediately following the first interest payment
= unamortized premium - Amortized amount
= $28,700 - $4,991
= $23,709
