Answer:
TRUE
Explanation:
Kleister Company:
1. Issues bonds for $100 million - INFLOW
2. Repays a long-term notes payable of $10 million. - OUTFLOW
3. The company also repurchases its own shares for $12 million - OUTFLOW
4. Issues stock dividends with a market value of $5 million. - NOT A CASH FLOW
It is therefore true that Net cash flow from financing activities will be: $78 million [100 million - 10 million - 12 million] since the dividends are stock dividends not cash dividends
Answer:
$307 million
Explanation:
Iron ore Corporation reported a free cash flow of $106 million
The investment in operating capital is $189 million
Iron ore listed a depreciation expense of $39 million and a tax of $51 million on its income statement for 2008.
The first step is to calculate the operating cash flow
Free cash flow= Operating cash flow-Investment in operating capital
$106m= OCF-$189m
OCF= $106m+$189m
OCF= $295m
Operating cash flow= $295 million
Therefore, the EBIT can be calculated as follows
Operating cash flow= EBIT-Taxes+Depreciation
$295m= EBIT-$51m+$39m
$295m= EBIT-$12m
EBIT= $295m+$12m
EBIT= $307 million
Hence the iron ore's 2008 EBIT is $307 million.
Answer:
Lake's operating income is $120000
Explanation:
Operating income is the income generated by the operations of company less its operating cost. Another name that is used for operating income is Earnings before interest and tax (EBIT). The charges or income relating to non operating or financing activities is not included in the operating income and nor is the tax deduction included.
The formula for operating income = Sales - Cost of Sales - operating expenses.
The operating expenses here, are = Advertising + Salaries + Utilities
Thus, operating expenses = 60000 + 55000 + 25000 = $140000
The Operating Income = 440000 - 180000 - 140000 = $120000
A restaurant can sell mixed beverages if they fulfill these requirements: A. It must be accompanied by a food order. B. Beverage must be in a sealed tamper-proof container. C. There is no alcohol/food ratio.
What is a Mixed beverage?
A mixed drink, caterer, or special occasion license holder must provide or sell one or more portions of a beverage made all or portion of an alcoholic drink in a sealed or unopened container of any permitted capacity for personal consumption were served or sold.
Any restaurant in this business must fulfill all the conditions to be able to sell mixed beverages as requested by the legal authorities.
Hence, the correct option is D. All of the above.
To learn more about mixed beverages, refer to the link:
brainly.com/question/17645986
Answer:
b. The human relations perspective
Explanation:
The human relations perspective, identifies the manager as one who is supportive to subordinate, such that he or she motivates employees' to work harder. <em>The human relations perspective do not believe in managers oppressing subordinates.</em>
