Answer:
Explanation: Subtract from net income to arrive at net cash flows from operating activities.
Answer:
2.072 rights
Explanation:
Amount needed to buy the land = $8.6 million = $8,600,000
stock outstanding = 540,000
Market price per share = $34.80
subscription price = $33 a share
Now,
Number shares to be issued = ( Amount needed ) ÷ ( subscription price )
= $8,600,000 ÷ $33
= 260606.06 shares
1 rights will be issued per stock
thus,
number of rights required for purchase
= ( stock outstanding ) ÷ ( Number shares to be issued )
= 540,000 ÷ 260606.06
= 2.072 rights
The appropriate response is a Natural monopoly, it is a sort of imposing a business model that exists thus of the high repaired expenses or begin expenses of working a business in a particular industry. Furthermore, normal imposing business models can emerge in ventures that require one of a kind crude materials, innovation or other comparative variables to work.
It seems that you have missed the necessary options for us to answer this question, but anyway here is the answer. BACTERIA <span>exist in the ground, air, and bodies of most living things but do not need a host organism to live and multiply. Hope this answers your question.</span>
On January 30, the due date of the note, Wright will record the payment with a debit to Interest Expense in the amount of $100.
Explanation:
- On November 1, Wright Co. borrowed $20,000 cash from the Third Bank by signing a 90-day, and 6% of interest-bearing note.
- On December 31, it was recorded an adjusting entry to interest expense of $200.
- On January 30, which is the due date of the note, Wright will record the payment with a debit to Interest Expense in the amount of $100.
- Interest expense is an expense which is known as a non-operating expense which is shown on the income statement. It also represents interest payable amount when it is borrowed. For Example,
- bonds,convertible debt, loans or lines of credit
- The main difference between the interest expense and the interest paid is that the discount amount and this difference changes the net amount of bond liability.
- Interest expense is an amount determined by the interest rate on an account.
