1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kap26 [50]
3 years ago
6

Weiland Co. shows the following information on its 2016 income statement: sales = $162,500; costs = $80,000; other expenses = $3

,300; depreciation expense = $9,000; interest expense = $6,500; taxes = $22,295; dividends = $8,150. In addition, you're told that the firm issued $4,500 in new equity during 2016 and redeemed $7,700 in outstanding long-term debt. a. What is the 2016 operating cash flow
Business
1 answer:
wel3 years ago
7 0

Answer:

The 2016 operating cash flow is $56,905

Explanation:

The computation of the operating cash flow is shown below:

Operating cash flow = Sales - costs - other expenses - depreciation expenses  - taxes + depreciation expense

= $162,500 - $80,000 - $3,300 - $9,000 - $22,295 + $9,000

= $56,905

The interest expense should not be considered in the computation part. Hence, ignored it

You might be interested in
Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2012. On that date, Paar's equipment (10-year life) has a boo
RoseWind [281]

Answer:

B)  574,000

Explanation:

Equipment book of Paar value on december 31/14 of $294,000.-  

Add Kimmels equipment book value on december 31/14 of $190,00

Add original acquisition-date allocation to Kimmel´s equipment of ($400,000 - $272,000) = $128,000

Less Amortization of alloction ($128,000 / 10 years for 3 years) = (38,400)

Eqcuals consolidated equipment of $574,000

8 0
3 years ago
As an 18 year old in Alabama I know that the age majority is 19, and I can't drop out of high school without parent permission b
Julli [10]

Answer:

No, Alabama can't make you come back. But that is just my opinion. Please don't listen to me

3 0
2 years ago
Read 2 more answers
Joan Johnson is a paralegal for a large law firm that handles corporate and securities work. The lawyer for whom Joan works alwa
Mariulka [41]

Answer:

1. Based on her years of experience, Joan Johnson can answer the question by detailing the advantages and disadvantages of incorporating in each state for the client.

2. If Joan does not feel confident enough to address the question, then she can refer the matter to her supervisor.

3. If Joan answers, the client will derive immediate satisfaction and will be confident to continue the relationship with the firm.  This is because his awareness that the firm can address his questions is re-enforced.

4. If Joan does not answer the client immediately, the client may feel that the firm's personnel are not well-trained and are unable to handle not-too difficult technical issues.

Explanation:

A firm's clients usually require immediate clarifications whenever they ask their questions.  Therefore, an effective and efficient firm should ensure that its paralegal officers are well-trained and well-informed to handle initial client enquiries while the details are referred to their supervisors.

8 0
3 years ago
Which of the following statements are TRUE about credit scores?
Westkost [7]
Answer is a , credit scores reflect how likely individuals are to repay Thier debts.. you buy a house , and say they need a credit check. it's to be sure that you're reliable to pay the bills or rent.
7 0
3 years ago
The FBLA is only for students still in school.<br> True<br> False
aniked [119]
Trueeeeeeeeeeeeeeeeee
8 0
3 years ago
Other questions:
  • Assume that computers are a normal good. how will an increase in buyers' incomes impact the market for computers?
    15·1 answer
  • Don Wyatt is unable to reconcile the bank balance at January 31. Don Wyatt’s reconciliation is as follows. Cash balance per bank
    11·2 answers
  • Think about the videos you have watched. Why is there a need for government regulation, and what limits need to be placed on the
    5·1 answer
  • The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions a
    11·1 answer
  • Who played the character of harry potter in movie? Daniel Red Cliff.
    13·2 answers
  • During the maturity stage of the product life cycle, the: a.number of new firms producing the current product increases. b.produ
    6·2 answers
  • A consumer has ​$200 per month to be spent on books​ (good B) and DVDs​ (good D). Market prices are as​ follows: PB​ = ​$20 and
    10·1 answer
  • Marginal cost is ____________. a. The cost of producing an additional unit of output b. The total cost of production c. The reve
    15·1 answer
  • Which of these is NOT a concern for consumers in times of inflation?
    14·1 answer
  • The purpose of ______ is to match supply and demand among the producers and consumers of society as a whole.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!