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
djyliett [7]
3 years ago
15

Charles Underwood Agency Inc. has an expected net operating profit after taxes, EBIT(1 – T), of $17,400 million in the coming ye

ar. In addition, the firm is expected to have net capital expenditures of $2,610 million, and net working capital (NWC) is expected to increase by $30 million. How much free cash flow (FCF) is Charles Underwood Agency Inc. expected to generate over the next year?
Business
1 answer:
strojnjashka [21]3 years ago
4 0

Answer:

$14,760 million

Explanation:

The computation of the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - net capital Expenditure.

= $17,400 + $0 - $30 million - $2,610 million

= $14,760 million

Simply we deduct the changes in net working capital and net capital expenditure from the EBIT (1 - tax rate) so that the accurate value can come.

You might be interested in
Which of these is not a benefit of working as a team? a. Improved morale b. Increased productivity c. Improved communication d.
babymother [125]

The option that is correct about not the benefit of team working is to increased personal workload.

<h3>What are the benefits of teamwork?</h3>

Teamwork is the process of doing the work with more than one person or employee in the organization. It is mainly used in large organizations to reduce the workload of the employees.

The benefits of teamwork are as follows:

  • Teamwork increases the productivity of the management.

  • It makes the work on time.

  • It improves the morale of all the employees in the organization.

  • It improved communication power.

It reduced the group workload among the employees.

Therefore, the correct option is D.

Learn more about teamwork, refer to:

brainly.com/question/18869410

6 0
3 years ago
What is a cost of filing bankruptcy?
nikitadnepr [17]

Answer:

It appears on a consumer's credit report for up to 10 years

Explanation:

Bankruptcy is a legal means of declaring that a person or business cannot repay its debts.

The cost of filing for bankruptcy is that it damages credit and appears on a consumer's credit report for up to 10 years after it has been filed.

5 0
3 years ago
A class of stock that provides no preference rights to shareholders Answer 2 The number of shares currently held by stockholders
elena-14-01-66 [18.8K]

Answer: Please refer to Explanation.

Explanation:

A class of stock that provides no preference rights to shareholders. COMMON STOCK.

The number of shares currently held by stockholders. OUTSTANDING SHARES.

The number of shares sold to stockholders. ISSUED SHARES.

The account used to record the difference when issue price exceeds par value of stock. PAID-IN CAPITAL IN EXCESS OF PAR.

The maximum number of shares a company can issue to shareholders. AUTHORIZED SHARES.

A financial institution that records and maintains records of another company's stockholders. TRANSFER AGENT.

A class of stock having first rights to dividends of a corporation. PREFERRED STOCK.

3 0
4 years ago
Tinker Bell Company has the following: Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8
Flauer [41]

Answer:

Question 1

b. $100,000

Question 2

(a) Goods held on consignment from another company.

Explanation:

Question 1

Calculation to determine what the cost of the ending inventory under LIFO is

Using this formula

Cost of the ending inventory =(Inventory, Jan. 1 Units*Cost )+[(Dec 31 Units on hand- Inventory, Jan. 1 Units)*Purchase, June 19 Cost ]

Let plug in the formula

Cost of the ending inventory =(8,000 * $11) + (1,000 *$12)

Cost of the ending inventory =$88,000+$12,000

Cost of the ending inventory =$100,000

Therefore the cost of the ending inventory under LIFO is $100,000

Question 2

GOODS HELD ON CONSIGNMENT FROM ANOTHER COMPANY should NOT be included in the PHYSICAL INVENTORY of a company but rather be included in the inventory of the sender of the goods which is the CONSIGNOR.

6 0
3 years ago
One reason that underpricing of new issues occurs more frequently than overpricing is that?
grigory [225]

One reason that underpricing of new issues occurs more frequently than overpricing is that underwriters want to reduce the risk of a firm commitment. Therefore, Option A is correct.

<h3>What is underwriting?</h3>

Some major financial institutions, including banks, insurance companies, and investment firms, offer underwriting services in which they guarantee payment in the event of damage or financial loss and accept the financial risk for liability resulting from such guarantee.

Therefore,  One reason that underpricing of new issues occurs more frequently than overpricing is that underwriters want to reduce the risk of a firm commitment. Option A is correct.

Learn more about underwriting:

brainly.com/question/28200340

#SPJ4

"Your question is incomplete, probably the complete question/missing part is:"

A. underwriters want to reduce the risk of a firm commitment.

B. the demand for a new issue is typically too high.

C. underwriters earn low rates of return.

D. issuing firms demand that equity be underpriced.

7 0
1 year ago
Other questions:
  • Jimmy's supervisor noticed that he was falling short on the number of setups he was required to complete for the production depa
    9·1 answer
  • True or false: insurers may withhold a portion of providers' payments to create a payment risk pool, which will be kept by the i
    12·1 answer
  • Members carrying out ____ activities are involved in general scanning for ideas and information about the external environment.
    13·1 answer
  • Dependable Motors just purchased some MACRS 5-year property at a cost of $216,000. The MACRS rates are .2, .32, and .192 for yea
    7·1 answer
  • What term did Karl Marx use to describe the dissatisfaction and unrest felt by workers when they are separated from the ownershi
    10·1 answer
  • When the unemployment rate is at a steady state: Group of answer choices the number of people finding jobs exceeds the number of
    5·1 answer
  • You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 mil
    13·1 answer
  • A chain of video stores sells three different brands of DVD players. Of its DVD player sales, 50% are brand 1 (the least expensi
    15·1 answer
  • Preparing an income and expense statement helps in answering the question, "Where does all my money go?" This statement takes __
    14·1 answer
  • An analyst compiled the following information for U Inc. for the year ended December 31, 2018: Net income was $1,700,000. Deprec
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!