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Doss [256]
3 years ago
11

Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.08 million and investment in operating capital of $2.08 mi

llion. Catering listed $1.08 million in depreciation expense and $2.08 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT
Business
1 answer:
Ksivusya [100]3 years ago
5 0

Answer: $11.16 million.

Explanation:

Free Cash Flow Catering Corp Earnings Before Interest and Tax (EBIT) can be calculated by the following formula,

EBIT = Operating Cashflow + Taxes - Depreciation.

Operating Cashflow = Free Cashflow + Investment in Operating Capital

= 8.08 million + 2.08 million

= $10.16 million

EBIT = 10.16 million + 2.08 million - 1.08 million

EBIT = $11.16 million.

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Answer: These expansions of the Pepsi brand are termed: <u>"(D) Line Extensions".</u>

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3 years ago
__________data, or the facts and figures that have already been collected about the Coffee Collective prior to the research at h
creativ13 [48]

Answer:

The correct answer is c) secondary

Explanation:

The term Secondary data refers to the information that has been collected by someone different than the user. For example, the information collected by government departments sometimes appears on the internet, if any user takes this information from the internet and uses it on any homework, project, business, etc... It is considered such as secondary data.

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3 years ago
An accountant agreed to perform a compilation of a company's financial statements under Statements of Standards for Accounting a
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Answer: The following would the accountant do related to the compilation engagement: <u><em>Issue a compilation report even though review procedures were performed on the engagement.</em></u>

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<u><em>Therefore, the correct option is (d)</em></u>

5 0
3 years ago
You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5%. How much mo
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FV= $21,887.13

Explanation:

Giving the following information:

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8 0
3 years ago
Which of the five broad definitions of public opinion involves "rhetorical construction"?
Alexxandr [17]

Answer: Fiction

Explanation: According to some theorists, public opinion is a rhetorical construction. This means that it is a phantom, having no real link to "the public" as citizens. These theorists go on to claim that politicians and journalists tend to state that public opinion regarding a certain issue is concluded without any available evidence, or public's influence. However this is only one form of the definition of public opinion.

Other types of definitions include:

Public opinion is an aggregation: Journalists and politicians claim public opinion is the total of a lot of individual opinions.

Public opinion reflects the majority's beliefs: Theorists claim that public opinion is the equivalent of the values and beliefs of the majority.

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4 years ago
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