Answer:
See below
Explanation:
See computation of cash flow below
Sales
$1,452,000
Less:
Cost of goods sold
(801,000)
Gross profit
$651,000
Less:
Depreciation
($175,000)
Interest expense
($89,575)
Earnings before tax(EBT)
$386,425
Less:
Tax 35% × $386,425
($135,249)
Add:
Depreciation
$175,000
Cash flow
$426,176
Therefore, cash flow to investors from operating activities is $426,176
Answer:
222222222222222222222222222222
Explanation:
Answer:
Jake should shear the llamas.
Explanation:
Latasha can shear the llamas in 1 hour.
Jake takes 6 hours to shear the llamas.
Latasha earns $120 per hour as a lawyer, while Jake earns $15 per hour as a barber.
Latasha can either earn $120 in an hour or shear a llama.
In 6 hours Jake can earn either shear a llama or earn
=
= $90
The opportunity cost of shearing llamas is high for Latasha ($120) while, it is lower for Jake ($90). So, Jake should shear the llamas.
Answer: C)$350
Explanation:
First suit
Price willing to pay=$950
Actual paid price=$700
Consumer surplus=$950-$700
=$250
Second suit
Price willing to pay=$800
Actual paid price=$700
Consumer surplus=$800-$700
=$100
Third suit
Price willing to pay=$700
Actual paid price=$700
Consumer surplus=$700-$700
=$0
Total surplus= 1st+2nd+ 3rd consumer surplus
= $250+$100+$0
=$350