Business, 05.05.2020 08:00 Nateycorn95701
The owner of a bicycle repair shop forecasts revenues of $188,000 a year. Variable costs will be $57,000, and rental costs for the shop are $37,000 a year. Depreciation on the repair tools will be $17,000. The tax rate is 40%. Calculate operating cash flow for the year by using all three methods: (a) adjusted accounting profits; (b) cash inflow/cash outflow; (c) the depreciation tax shield approach. a) 63,200 b) 63,200 c) 63,200 a) 56,400 b) 56,400 c) 56,400 a) 53,200 b) 53,200 c) 53,200 a) 73,400 b) 73,400 c) 73,400
Answers: 3
Business, 21.06.2019 20:20, bisolad64
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answers: 2
Business, 22.06.2019 11:00, smartie80
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
Business, 22.06.2019 16:40, kyleap984ovm04g
Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.
Answers: 1
Business, 22.06.2019 17:30, brittanyjacob8
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
The owner of a bicycle repair shop forecasts revenues of $188,000 a year. Variable costs will be $57...
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