My answer b am I right

During 2017, Ecuyer Industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash us

marshall27 [118]

Answer:

$518,000

Explanation:

Data provided in the question:

cash provided by operations = $794,000

Cash used in investing = $686,000

Cash used in financing = $190,000

cash spent for fixed assets during the period = $276,000

Average current liabilities = $650,000

Average total liabilities = $1,716,000

Now,

Ecuyer's free cash flow

Particulars Amount

Cash provided by operations $794,000

Less: Cash spent for fixed assets during the period $276,000

==============================================================

Ecuyer's free cash flow $518,000

5 0

3 years ago

In business writing, the main idea of a written work should be located

Nadya [2.5K]

Answer:

c

Explanation:

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6 0

2 years ago

Read 2 more answers

Lopez Company uses both standards and budgets. For the year, estimated production of Product X is 597,000 units. Total estimated

sertanlavr [38]

Answer: (a) Materials = $2 and Labor = $2.8

(b) Materials = $11,94,000 and Labor = $16,71,600

Explanation:

(a) Standard cost :

Standard cost is evaluated as a per unit amount.

For Materials,

= $\frac{1194000}{597000}$

= $2

For Labor,

= $\frac{1671600}{597000}$

= $2.8

(a) Budgeted cost :

Budget cost are evaluated as the total amount.

Therefore, for this year the budgeted cost are Materials = $11,94,000 and Labor = $16,71,600

5 0

3 years ago

Name three factors that determine a good’s or service’s elasticity.

pav-90 [236]

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

4 0

3 years ago

Read 2 more answers

For various reasons related to trying to prevent a catastrophic recession during the pandemic, the federal government has and wi

Novosadov [1.4K]

Answer:

$0.316 trillion per annum

Explanation

According to the scenario, computation of the given data are as follow:-

Interest rate = 0.5% = 0.005

Government Borrows = $6 trillion

Time = 20 years

Required Uniform Annual Payment= Government Borrows × Interest Rate × [(1 + Interest Rate)^Time period ÷ (1 + Interest Rate)Time period] - 1

= $6 trillion × 0.005 × [(1 + 0.005)^20 ÷ (1 + 0.005)^20 - 1]

= $0.03 trillion × [(1.005)^20 ÷ (1.005)^20 - 1]

= $0.03 trillion × (1.1049 ÷ 1.1049 - 1)

= $0.03 trillion × (1.1049 ÷ 0.1049)

= $0.03 trillion × 10.533

= $0.316 trillion per annum

3 0

3 years ago