Based on the perpetual inventory system, the payment for inventory, and the freight costs, the net cash flow from operating activities is $28,346
<h3>How to find the net cash flow?</h3>
The net cash flow for Green Company from its various transactions and using the perpetual inventory system can be found by the formula:
= Cash inflow from sales to customers - Cash outflow for freight cost - Cash outflow for freight cost to customers - Cash outflow for payment to supplier in ten days
The net cash flow from operating activities is therefore:
= 96,600 - 2,530 - 1,730 - (65,300 x (100% - 2%))
= 96,600 - 2,530 - 1,730 - 63,994
= $28,346
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Answer:
C. $43.33
Explanation:
FCF1 = $75.00
Constant growth rate = 5%
WACC = 10%
Total firm value = FCF1/(WACC-g) =$1,500
Value of debt & preferred=$200
Value of equity = $1,300
# of shares = 30
Value per share = equity value /shares =$43.33
Answer:
I believe the answer that you're looking for is D
Explanation:
Answer:
Explanation:
On July 1, 2019, Cullumber Company pays $12,000 to Kalter Insurance Co. for a 3-year insurance contract.
For Cullumber Company:
July 1 Debit:Prepaid Insur $12000
Credit: Bank. $12,000
Being payment for prepaid Insurance.
Dec 31. Credit:prepaid insur $2,000
Debit:Insurance exp $2,000
Being insurance expenses for the year.
For Blossom Company:
July 1 Credit:Unearned Revenue $12000
Debit: Bank. $12,000
Being unearned revenue on Insurance.
Dec 31. Debit:unearned revenue $2,000
Credit: Revenue $2,000
Being insurance revenue for the year.
For the purpose of accounting, there are three types of expenditure. These are Capital Expenditure, Revenue Expenditure, and Deferred Revenue Expenditure.
Capital Expenditure is the amount incurred in acquiring long term assets like land, buildings, equipments (which are used for the purpose of earning revenues). These costs are reflected in the account of Property, Plant and Equipment.
Revenue Expenditure is cost incurred in one accounting year wherein the benefits are also enjoyed in the same period only. It does not increase the earning capacity of the business, instead, it maintains the existing earning capacity of said business. This expenditure is recurring in nature like salaries and wages, selling and distribution expenses.
Deferred Revenue Expenditure is a revenue Expenditure which has been incurred within the current accounting year but its benefit will be extended to a number of years. This cost is charged to the Profit and Loss account. Example of this is advertising cost.
