Swifty Corporation had the following 2020 income statement. Revenues $97,000 Expenses 66,000 $31,000 In 2020, Swifty had the following activity in selected accounts. Accounts Receivable 1/1/20 19,000 Revenues 97,000 12/31/20 22,100 Write-offs 900 Collections 93,000 Allowance for Doubtful Accounts Write-offs 900 1/1/20 1,200 Bad debt expense 1,900 12/31/20 2,200
(a) Prepare Swifty’s cash flows from operating activities section of the statement of cash flows using the direct method.
(b) Prepare Tamarisk’s cash flows from operating activities section of the statement of cash flows using the indirect method.

Match the steps for conducting an informational interview with the tasks in each step.

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.