Ask question

Ask question

All categories

3 years ago

9

Your firm has net income of $312 on total sales of $1,320. Costs are $730 and depreciation is $110. The tax rate is 35 percent.

The firm does not have interest expenses. What is the operating cash flow?
a. $480
b. $422
c. $792

1 answer:

iren [92.7K]3 years ago

8 0

The answer will be b

You might be interested in

A journal entry for a $75 payment for Rent expense was posted as a debit to Salary expense and a credit to Cash. This error will

Illusion [34]

Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.

Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.

In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.

3 0

3 years ago

An advantage of the decentralized organization is that

fredd [130]

Answer:

managers are able to make quick decisions that can save your company money. By empowering your managers, you trust their instincts and abilities, because you know they understand the daily work process better than you do.

Explanation:

5 0

3 years ago

is year, Amy purchased a personal residence at a cost of $1,000,000. She borrowed $800,000 secured by the home to make the purch

Irina18 [472]

Answer:

Deductible Interest is $11,250

Explanation:

Compute at the amount of $750,000 the interest Amy could deduct as follows:

Since the interest on loan secured by home could be deduct on the first $750,000 borrowing amount. Hence,

Deductible Interest = Interest Paid × ($750,000 / Loan Secured by income)

Deductible Interest = $12,000 × ($750,000 / $800,000)

Deductible Interest = $11,250

Hence, the Amy could deduct interest on borrowing $11,250

3 0

3 years ago

Select the correct answer. Which part of a speech contains the speaker’s arguments, ideas, examples, and proof? A. the title of

Marina86 [1]

Answer:

Its in the body o

Explanation:

6 0

3 years ago

The idea that investors today compare the returns on bonds with differing times to maturity to see which is expected to give the

Zielflug [23.3K]

Answer:

expectations theory

Explanation:

Expectations theory is defined as the prediction of what short-term interest rates will amount to in future based on the current long-term interest rates on an investment.

The theory suggests or states that "an investor will earn the same amount of interest by investing in two consecutive one-year bond investments that in one two-year bond investment".

Simply put, the theory say that one can invest twice in a one year bond and still make the same interest rate as investing once in a two-year bond.

This theory helps investors to make profits faster and even higher through multiple investments on bonds.

Cheers.

8 0

3 years ago