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3 years ago

1. The payment made each period on an amortized loan is constant, and it consists of some interest and some principal.

Business

1 answer:

AveGali [126]3 years ago

6 0

Answer:

True

true

Explanation:

for both of these questions the answers are true. the loan repayment is made up of the prncipal and the interest. This is due to the fact that as the amout of the loan outstanding gets to be repaid, the remaining principal balance would be decreased too and the interest that is associated will also be decreased too with time. The payment principal amount is going to be bigger while the interest would be smaller.

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Answer:

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Explanation:

Net cash provided by financing activities refers to the difference between the total cash inflows and total cash outflows from the financing activities section of the cash flow staement.

The net cash provided by financing activities can be calculated by preparing a partial cash flow statement as follows:

Concord Corporation

Net Cash Flow Statement (Partial)

As at December 31, 2022

Details Amount

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Alternatively, the net cash provided by financing activities can be calculated as follows:

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Answer:

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Explanation:

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