Answer:
a. Global used $20 million of its available cash to repay $20 million of its long-term debt.
Explanation:
Answer:
FV= $1,930.65
Explanation:
Giving the following information:
Cash flow= $80 a year
Number of periods= 12 years
Interest rate= 12% compounded annually
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {80[(1.12^12) - 1]} / 0.12
FV= $1,930.65
The moisture content of cocoa liquor is closest to the cocoa bean itself. From which it is produced. Contains both cocoa solids and butter equally.The used oc moisture analyzer is to confirm moisture content rather than control it.
Answer:
Date Account Details and Description Debit Credit
Aug. 2 Cash $12,100
Equipment $2,690
Owner's Capital $14,790
Date Account Details and Description Debit Credit
Aug. 7 Supplies $550
Accounts Payable $550
Date Account Details and Description Debit Credit
Aug. 12 Cash $1,180
Accounts receivable $682
Service revenue $1,862
Date Account Details and Description Debit Credit
Aug. 15 Rent expense $622
Cash $622
Date Account Details and Description Debit Credit
Aug 19 Supplies expense (550 - 295) $255
Supplies $255
