months? lionully, which ant what pays 4.5% per annum interest, , will be the val

Question

months? lionully, which ant what pays 4.5% per annum interest, , will be the value of the account at the end of 21 a. $1,579.44 b. $2,612.50 c. %2,632.39 $2,704.44 e. $2,730.06 12 A suitable format for the statement of comprehensive income for a medium size furniture store would be: 2 (a income - expenses profit. (uby it is w) why rt is income + expenses profit. c. sales - cost of sales- gross profit. sales+ cost of sales = gross profit. e sales - cost of sales- gross profit- expenses profit. gross profit expenses Wodonga Company had a long-term debt of $1,000,000. To extinguish this debt the company issued $1,000,000 of fully paid shares to the lender. This transaction would have the following impact on the statement of cash flows: 13. b. increase cash inflow from financing activities by $1,000,000. c. decrease cash by $1,000,000 d increase cash by $1,000,000 e. increase cash outflow from investing activities by $1,000,000. nil impact. ta to an already well diversified

Explanation / Answer

12-answer is C

sales- cost of sales = gross profit

13- Answer is A

Nil impact- this will not change in cash flow because on one side shares would be issued and proceeds from issue of shares would be used to pay the debt so total cash inflow equal to cash outflow so no change in statement of cash flow

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