Answer:
Amazon 65.35 Days Netflix 253.03 Days
Explanation:
Answer: The correct answer is $111,315,000
Explanation: One euro is equal to $1.11 in US dollars. With that being the value of the euro, it means that 100 million euros equal $111,315,000.
The exchange rates of foreign currency are very fluid. This is the value today, but could very possible be different tomorrow.
Answer:
D. CFFO decreases by $8,000.
Explanation:
First and foremost, the amortization of discount on bonds payable would increase the book value of the bond by $2,000 since discount amortized is added to book value while premium amortized is deducted.
As a result, option A which stated that bonds payable book value increases by $8000 is wrong as well as option C since a discount amortization increases bonds payable book value and not the way around.
Cash account with a credit of $8,000 showed that the cash paid to bondholders was $8,000, hence, cash flows from operations (CFFO) should decrease by $8,000