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MariettaO [177]

3 years ago

11

Smith, inc., has maintained an ownership interest in watts corporation for a number of years. this investment has been accounted

for using the equity method. what transactions or events create changes in the investment in watts corporation account as recorded by smith.

1 answer:

Elenna [48]3 years ago

4 0

The amount that the company is worth at that exact time

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4.The following information is available for Lock-Tite Company, which produces special-order security products and uses a job or

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Explanation:

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2 years ago

reported net income of $22,000 for the current year. During the year, Inventory decreased by $7,800, Accounts Payable decreased

Artist 52 [7]

Answer:

$24,800

Explanation:

Indirect method reconciles the Net Income to Operating Cash flow by adjusting for non -cash items previously included in net income and changes in working capital.

Cash flow from Operating Activities

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2 years ago

Tangshan Mining Company, with a cost of capital of 10 percent, is considering investing in project A, with an initial investm

alexdok [17]

Answer:

the breakeven cash inflow for the project is $131474

Explanation:

given data

cost of capital = 10 percent

initial investment = $1,000,000

useful life = 15 year

to find out

the breakeven cash inflow for the project

solution

first we consider here annual cash inflows that is = x

now break even point is the one at which the net present value of the project = 0

so we can say that here

Present value of cash inflows - Present value of cash outflows = 0 .................1

here we know Present value of cash inflows = x × PVAF ( 10%,15 years)

Present value of cash inflows = x × 7.6060

put value in equation 1 we get

x × 7.6060 - $1,000,000 = 0

solve and we get x

x = $\frac{1,000,000}{7.6060}$

x = $131474

so the breakeven cash inflow for the project is $131474

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3 years ago