(takes 5 minutes to post) girl 1: Everybody say sausage keep it going!!!
Eggs, bacon, grits,
all: SAUSAGE!!
girl 2: Imma skinny blt(ch but I still take-
all: SAUSAGE!!
girl 3: I gotta fat a$s but I still take-
all: SAUSAGE!!
girl 4: I gotta flat a$s but I still take-
all: SAUSAGE!!
girl 5: Wake up in the morning gotta eat that-
all: SAUSAGE!!
girl 6: Imma red head but I still take-
all: SAUSAGE!!
girl 7: Imma gay person but I still take-
all: SAUSAGE!!
girl 8: White girl, swag girl take your mans-
all: SAUSAGE!!
girl 9: UH-HUH-HUH-HUH-HUH- (me lol)
all: SAUSAGE!!
girl 10: Im white and I'm thick but you know I eat-
all: SAUSAGE!!
girl 11: Yeah, I read books but they all about-
all: SAUSAGE!!

all: SAUCE
SAUCE
SAUCE
SAUCE
SAUCE
SAUCE
SAUCE
SAUSAGE

girl 12: I like girls but can I still take sausage??

*everyone laughs*

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

During january 2018, the following transactions occur: january 1 purchase equipment for $20,600. the company estimates a residual value of $2,600 and a five-year service life. january 4 pay cash on accounts payable, $10,600. january 8 purchase additional inventory on account, $93,900. january 15 receive cash on accounts receivable, $23,100 january 19 pay cash for salaries, $30,900. january 28 pay cash for january utilities, $17,600. january 30 firework sales for january total $231,000. all of these sales are on account. the cost of the units sold is $120,500. the following information is available on january 31, 2018. depreciation on the equipment for the month of january is calculated using the straight-line method. the company estimates future uncollectible accounts. at the end of january, considering the total ending balance of the accounts receivable account as shown on the general ledger tab, $4,100 is now past due (older than 90 days), while the remainder of the balance is current (less than 90 days old). the company estimates that 50% of the past due balance will be uncollectible and only 3% of the current balance will become uncollectible. record the estimated bad debt expense. accrued interest revenue on notes receivable for january. unpaid salaries at the end of january are $33,700. accrued income taxes at the end of january are $10,100

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