Answer:
"Direct Method" is the right answer.
Explanation:
- The direct approach provides a clearer overview of how a company receives currency. And therefore it is regarded as equivalent to the alternative manner.
- Compared to the price of something like the money market account throughout the particular circumstance, the above direct method of registering cash balance somewhat from operations would be advised.
Answer:
It drives economic growth, enhanced efficiency, increased innovation, and the greater fairness that accompanies a rules-based system.
The Consumer Financial Protection Bureau (CFPB) is not well-known to many people. It’s a relatively new government organization that’s part of the Federal Reserve. The CFPB was created after the financial crisis<span> of 2008 to protect consumers – hence the name. Before the CFPB was created, the responsibility to protect consumers was divvied up among several government agencies. But consumer protection is the CFPB’s primary focus. </span>
When the bonds will mature, the company will receive, maturity value plus the interest earned on the bonds.
The maturity value will be the par value, as nothing is given, the bonds are redeemed at par value i.e. $ 46,000.
The interest income will be calculated as -
Interest Income = 7 % * $ 46,000 = $ 3,220
Thus, the total cash proceeds = $ 46,000 + $ 3,220 = $ 49,220
