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grin007 [14]
3 years ago
6

During 2020 the Pharoah Company had a net income of $85100. In addition, selected accounts showed the following changes: Account

s Receivable $2700 increase Accounts Payable 900 increase Buildings 3900 decrease Depreciation Expense 1400 increase Bonds Payable 7900 increase What was the amount of cash provided by operating activities
Business
1 answer:
PSYCHO15rus [73]3 years ago
3 0

Answer:

Cash provided by operating activities $84,700

Explanation:

The computation of the amount of cash provided by operating activities is shown below:

Net income  $85,100

Add: depreciation expense $1,400

Less: increase in account receivable -$2,700

Add: Increase in account payable $900

Cash provided by operating activities $84,700

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Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates suddenly rise to 15 percent, wh
Mariana [72]

Answer: The value of the bond will decrease

Explanation:

The Interest rate has a negative inverse relationship with the value of a bond . When the interest rate increases the value of a bond decreases and when interest rate decreases  the bond value increases. Bonds with low coupon rates tend to be more sensitive to interest rate changes this is known has coupon effect.

Bonds with long time frame (long term bonds), they also  tend to be are more sensitive to changes in the interest rate this is known has the maturity effect.  Therefore a change in the interest rate will cause a huge change in the value of a Bond with low coupon rate and long time period.

The Bond is a 20 year Bonds which qualifies it to be a long term bond and the coupon Rate is 7%, with these facts and knowing that  long term bonds are more sensitive to interest rate changes we can conclude that the sudden increase of the interest rate to 15%  will cause a huge decrease in the value of the bond

5 0
3 years ago
Evaluate<br>2a + 4b<br>or a = -2 and b = 3​
Rama09 [41]

Answer:

8

Explanation:

2a + 4b

for a = -2 and b = 3​

Substitute -2 in for "a" and 3 in for "b"

2*(-2) + 4*(3)

2*-2 = -4 and 4*3 = 12

-4 + 12 = 8

Ans: 8

4 0
3 years ago
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The payment for environmental services (psa) program in costa rica collects payments from the beneficiaries of ecosystem service
MakcuM [25]
<span>According to the means by which environmental services allocate funds to various institutions to fund climate protecting projects, it is clear that the system pays landowners to maintain sustainable practices in their areas and regions, in order to further dwindle the impact of climate change in the modern world.</span>
3 0
3 years ago
What are the benefits of preparing a business plan?​
Damm [24]

Answer:

See the whole business. Business planning done right connects the dots in your business so you get a better picture of the whole

Strategic Focus

Set priorities

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Strategic alignment

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Explanation:

6 0
3 years ago
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Lera25 [3.4K]

Answer:

Correct option is (a), Different copyright rules for pre and post 1978 works

Explanation:

Copyright is a right given exclusively a person who has created a new work and reproduce it for a stipulated time. It is granted for a stipulated time period.

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So copyright rules differ for works published pre and post 1978.

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