Answer: Interest expense = $45500
Cash outflow = $45500
Explanation:
Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:
Interest expense = $700,000 × 6.50%
= $700,000 × 0.065
= $45500
The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,
Interest expense = $45500
Cash outflow = $45500
Answer:
The correct answer is B. An economic system where the government owns property and controls production.
Explanation:
Socialism is an economic system where everyone in society equally owns the factors of production.
Under socialism, workers are no longer exploited because they own the means of production. Profits are spread equitably among all workers according to their individual contribution. But the cooperative system also provides for those who can't work. It meets their basic needs for the good of the whole society.
The system eliminates poverty. It provides equal access to health care and education. No one is discriminated against.
Answer:
Diapers are a pricey
Explanation:
Diapers are a pricey, essential item for parents. Now, they're getting even more expensive, hurting low-income families already struggling with the pandemic's economic woes.Disposable diaper prices rose 8.7% during the year ending April 10, according to the latest numbers from NielsenIQ, which tracks point of sale data from retailers. Diaper makers recently said they are planning additional price increases, which may further stretch low-income families' budgets if stores choose to pass on the hikes.#accelerationism
A firm would be experiencing a loss but still be producing if the price is Below $5 but above $4.
When does a firm decision not to produce any output its loss equals?
If the company decides to cease operations and stop generating any output, its revenue is, by definition, zero. By definition, its variable cost of production is also zero, making the overall cost of production for the company equal to its fixed cost.
Under which condition would the firm be incurring a loss?
When producing nothing offers better returns than creating some q units of output, a firm would be better off ceasing operations, for example. This states that if average variable expenses are higher than the price of the good, the company would be better off closing up shop since it cannot pay its variable costs as well.
Why would a firm that incurs losses choose to produce?
When sales fall short of total costs, losses happen. Even though the company is losing money, it is better to produce in the short term rather than closing down if revenues exceed variable expenses but not total costs.
Learn more about revenue: brainly.com/question/8645356
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