Answer:
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. (A)
Explanation:
Option A- This statement is true.
Option B- This is false. After-tax operating Income is calculated as Operating profit less interest less Depreciation and less tax
Option C-This is false. They will have the same operating incomes. Operating income is calculated as Sales less operating cost.
Option D- False.
Option E- False.
A budgeting procedure that includes the enter and negotiation of numerous layers of control describes the control philosophy of Participative budgeting.
The required details for Participative budgeting in given paragraph
Participative budgeting is a procedure below which humans impacted with the aid of using a price range are actively concerned within side the price range advent procedure. This method offers lower-stage managers a more feel of possession within side the ensuing price range. A basically participative price range does now no longer take high-stage strategic issues into account, so control desires to offer personnel with hints concerning the general path of the business enterprise and the way their man or woman departments suit into it. When participative budgeting is used for the duration of an business enterprise, the initial budgets paintings their manner up via the company hierarchy, being reviewed and probably changed with the aid of using mid-stage managers alongside the manner.
Advantages of Participative Budgeting
This bottom-up method to budgeting has a tendency to create budgets which might be greater workable than are top-down budgets which might be imposed on a business enterprise with the aid of using senior control, with tons much less worker participation.
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<span>how would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold ?
C) The supply of smartphones would decrease.
Excise taxes are based on the quantity of an item and not on its value. For example, the federal government imposes an excise tax of 18.4 cents on every gallon of gas purchased, regardless of the price charged by the seller. States often add an additional excise tax on each gallon of fuel.
so, government will charged 5.00$ excise tax on smartphone will affected supply of smartphones would decrease.</span>
Answer:
C) 8.75%
Explanation:
Number of periods = 4 years
Given return rates = 20%, -10%, 20%, and 5%
To obtain the arithmetic average annual return, add the return rates given for all periods and divide the sum by the number of periods.
Over four years, the S&P 500 index delivered an arithmetic average annual return of 8.75%.
Businesses can act ethically by being honest and fair
