When a firm plans to issue bonds, it creates a(n) -prime-, which is a legal document that explains its obligations to bondholders?
Answer:
Net increase in cash position is $18,960
From operations $128,160
From investing activities -$83,200
From Finance activities -$26,000
Explanation:
The income statement has been uploaded for your benefit.
The schedules attached tagged "workings" explains how we arrived at each change in cash flow by line item.
Answer:
E, B, D, C, A, G, H, F
Explanation:
Bonds Payable - <em>Long-term liabilities</em>
Buildings - <em>Fixed assets</em>
Accrued Liabilities - <em>Current liabilities</em>
Intangibles - <em>Intangible assets</em>
Inventory - <em>Current assets</em>
Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals
Accumulated Depreciation - <em>Expense</em>
Retained Earnings - <em>Stockholder's equity</em>
Answer:
1. command
2. socialism
3. communism
Explanation:
1. Communist countries usually have command economies.
2. A command economy that still allows private property and ownership is called a socialism.
3. A command economy in which the government controls everything is called communism.
