8) What is the immediate cash flow impact of paying off a bank loan? A) An...
8) What is the immediate cash flow impact of paying off a bank loan?
A) An increase in a liability and a source of cash
B) A decrease in a liability and a use of cash
C) An increase in a liability and a use of cash
D) A decrease in a liability and a source of cash
Homework Answers
The correct answer is option B i.e. immediate cash flow impact of paying off a bank loan is a decrease in a liability and a use of cash
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8) What is the immediate cash flow impact of paying off
a bank loan?
A) An...
If you deposit a $50 check in the bank, the immediate impact on your bank's balance...
If you deposit a $50 check in the bank, the immediate impact on your bank's balance sheet will be a $50 decrease in reserves and a $50 increase in checkable deposits. $50 increase in reserves and a $50 increase in checkable deposits. $50 increase in reserves and a $50 decrease in checkable deposits. $50 decrease in liabilities and a $50 increase in checkable deposits.
Homework for only one choise 1. The inventory cost flow assumption where the cost of the...
Homework for only one choise
1. The inventory cost flow assumption where the cost of the most recent purchase is matched first against sales revenue is? a) First-In, First-Out b) Last-In, First-Out c) Average Method d) Specific Identification Method 2. Which of the following does not decrease cash? a) Purchasing inventory for cash b) Accruing operating expenses c) Paying accounts payable d) Paying an instalment of a loan 3. A prepaid expense is: a) An asset b) A liability c)...
Giff Services Company experienced some difficulties with cash flow so it approached one of its vendors...
Giff Services Company experienced some difficulties with cash flow so it approached one of its vendors about a payment extension. The vendor agreed to the extension on the condition that the company sign a note that includes 9% interest. What is the impact on the accounting equation of recording a note payable in exchange for the account payable? A. Both assets and liabilities increase B. Both assets and liabilities decrease C. Liabilities increase and stockholders' equity decreases D. There is...
Question 15 0/1 pts A company purchased a building worth $500,000 by paying $50,000 in cash...
Question 15 0/1 pts A company purchased a building worth $500,000 by paying $50,000 in cash and acquiring a bank loan for the remainder. The effect on the accounting equation is: Increase in assets and liabilities by $500,000 Decrease in assets and liabilities by $50,000 Increase in assets and liabilities by $450,000 Decrease in assets and liabilities by $450,000
a. increase in cash flow from operating activities. b. decrease in cash flow from operating activities....
a. increase in cash flow from operating activities. b. decrease in cash flow from operating activities. C.. increase in cash flow from investing activities. d. decrease in cash flow from investing activities. e. increase in cash flow from financing activities. f. decrease in cash flow from financing activities. g. not a cash flow. 1. Payment on the principal portion of long-term debt 2. Issuance of bonds 3. Increase in accounts receivable 4. Cash dividends declared and not yet paid 5....
For Impact on Cash Flow column， please fill in Financing，Operation or Investing Indicate the effects of...
For Impact on Cash Flow
column， please fill in Financing，Operation or Investing
Indicate the effects of the transactions listed in the following table on total current assets, current ratio, net income and cash flow. Use (+) to indicate an increase, (-) to indicate a decrease, and (0) to indicate either no effect or an indeterminate effect. Be prepared to state any necessary assumptions and assume an initial current ratio of more than 1.0 Total Current Current Ratio Effect on Net...
What is the Future of Peer-to-Peer Lending and Its Impact on Bank Loan Market? ( based...
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8. BONUS: Jerry Stevens is being trained in managerial accounting by his boss Sarah. For practice,...
8. BONUS: Jerry Stevens is being trained in managerial accounting by his boss Sarah. For practice, Sarah has given Jerry nine accounting transactions that commonly occur in the foodservice industry. Sarah has asked Jerry to match the nine accounting transactions with the impact they will have on one more of the three components of the accounting equation. Help Jerry complete his work by placing the letter identifying the transaction in the "transaction" cell associated with the proper transaction's impact cell....
8. What is the impact of costly investment on current account in the long run? (a)...
8. What is the impact of costly investment on current account in the long run? (a) It decreases current account. (b) It increases current account. (c) It may decrease or increase current account. (d) It has no impact on current account.
Module Code: LCBS5009R 2. Cesim Bank has $20 million in cash and a $180 million loan...
Module Code: LCBS5009R 2. Cesim Bank has $20 million in cash and a $180 million loan portfolio. The assets are funded with demand deposits of $18 million, a $162 million certificate of deposit and $20 million in equity. Remember: a certificate of deposit (CD) is a savings certificate with a fixed maturity date and a specified fixed interest rate. It can be issued in any denomination aside from minimum investment requirements. A CD restricts access to the funds until the...
Homework for only one choise
1. The inventory cost flow assumption where the cost of the most recent purchase is matched first against sales revenue is? a) First-In, First-Out b) Last-In, First-Out c) Average Method d) Specific Identification Method 2. Which of the following does not decrease cash? a) Purchasing inventory for cash b) Accruing operating expenses c) Paying accounts payable d) Paying an instalment of a loan 3. A prepaid expense is: a) An asset b) A liability c)...
Question 15 0/1 pts A company purchased a building worth $500,000 by paying $50,000 in cash and acquiring a bank loan for the remainder. The effect on the accounting equation is: Increase in assets and liabilities by $500,000 Decrease in assets and liabilities by $50,000 Increase in assets and liabilities by $450,000 Decrease in assets and liabilities by $450,000
a. increase in cash flow from operating activities. b. decrease in cash flow from operating activities. C.. increase in cash flow from investing activities. d. decrease in cash flow from investing activities. e. increase in cash flow from financing activities. f. decrease in cash flow from financing activities. g. not a cash flow. 1. Payment on the principal portion of long-term debt 2. Issuance of bonds 3. Increase in accounts receivable 4. Cash dividends declared and not yet paid 5....
For Impact on Cash Flow
column， please fill in Financing，Operation or Investing
Indicate the effects of the transactions listed in the following table on total current assets, current ratio, net income and cash flow. Use (+) to indicate an increase, (-) to indicate a decrease, and (0) to indicate either no effect or an indeterminate effect. Be prepared to state any necessary assumptions and assume an initial current ratio of more than 1.0 Total Current Current Ratio Effect on Net...
8. BONUS: Jerry Stevens is being trained in managerial accounting by his boss Sarah. For practice, Sarah has given Jerry nine accounting transactions that commonly occur in the foodservice industry. Sarah has asked Jerry to match the nine accounting transactions with the impact they will have on one more of the three components of the accounting equation. Help Jerry complete his work by placing the letter identifying the transaction in the "transaction" cell associated with the proper transaction's impact cell....
Module Code: LCBS5009R 2. Cesim Bank has $20 million in cash and a $180 million loan portfolio. The assets are funded with demand deposits of $18 million, a $162 million certificate of deposit and $20 million in equity. Remember: a certificate of deposit (CD) is a savings certificate with a fixed maturity date and a specified fixed interest rate. It can be issued in any denomination aside from minimum investment requirements. A CD restricts access to the funds until the...
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