Operating cash flow = ($649,000 x .072) + $102,600 = $149,328. In financial accounting, operating cash flow or as called as OCF in which cash flow provided by operations, cash flow from operating activities or as called as CFO or free cash flow from operations or as called as FCFO bring up to the sum of cash a company produces from the revenues it brings in not including costs related with long-term investment on capital items.
Answer:
Interest expense to be recorded on Dec 31 2018= $8425
Explanation:
Lets first understand what adjusting entry is? Adjusting entries are entries passed at the reporting date in order to comply to the accruals concept of accounting. Accruals concept requires entities to record revenue and expenses in the period that they occur and should not wait until they are received or paid respectively. Revenues and expenses should be matched for the period and recorded.
Now that we have understood adjusting entry, lets calculate interest expense that should be recorded on December 31 2018. So Arch Services records interest payment on a semi-annul basis (i.e every 6 months). Now the bonds are issued on November (i.e two months to the reporting date), considering the accruals concept Arch Services will have to record interest for two months.
The interest expense is calculated as follows:
Annual Interest= $337000×15%
Annual Interest= $50550
Lets convert it into monthly basis as follows:
Monthly interest expense= $4212.5
Interest for two months would be = $4212.5×2
Interest expense to be recorded on Dec 31 2018= $8425
Answer:
Household and government are related to each other in terms of economic unit. Household pay taxes to government and then government use that money for the people. Household earn the money by working in firms or by running their own business.
Environmental issues such as air pollution can affect the relationship between household and government. Popleuses their own transport to go to firms and the number of vehicles are increasing day by day which causes air pollution.
The government can form policies against personal transport and convince people to use public transport which will be beneficial for government as government will directly get money from household.
Answer:
c. The government wants to attract the brightest researchers away from private research firms
Explanation:
Research is one of the activities that generates postive externality.
Positive externality is when the benefits of economic activities to third parties exceeds the costs.
Activities that generates postive are usually underproduced because of the high cost associated with it. In order to encourage production, the government usually grants subsidies.
I hope my answer helps you
