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seraphim [82]
2 years ago
15

what group sold its time warner stock following the ice-t body count cd release? group of answer choices nea madonna philadelphi

a municipal pension fund now
Business
1 answer:
ch4aika [34]2 years ago
4 0

Following the release of the ice-t body count CD, the Philadelphia Municipal Pension Fund Group sold its Time Warner stock.

General Information About Philadelphia Municipal Retirement System Description

Located in Philadelphia, Pennsylvania, the Philadelphia Municipal Retirement System is a public pension fund. Through the management of 18 distinct plans created from 1915 to the present, it provides benefits to police, fire, and civilian employees of the City of Philadelphia. The Board of Pensions and Retirement is responsible for administering it.

With the help of a cutting-edge and effective retirement system, the City of Philadelphia caters to this requirement of its employees. In addition to the Social Security and retirement systems that cover all officers and employees, this scheme gives you, the professional City employee, a monthly retirement income for life.

to know more about Philadelphia Municipal Pension Fund

brainly.com/question/28013095

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Answer:

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Operating cashflows are cashflows which an entity generates from it core operations. In other words cash flow related to investment and finance activities do not form part of an entity operaing cashflows.

So in this example interest will not be part of operating cashflows.

For more details please refer to below given calculations.

OCF

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Cost         (23,100)

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(46,200-23,100-2,200-1,700)*22%

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