Answer:
a. Particulars Amount
Gross sales $925,000
Less: COGS <u>$490,000</u>
EBITDA $435,000
Less: Depreciation <u>$120,000</u>
EBIT $315,000
Less: Interest on notes payable <u>$8,800 </u> (220000*4%)
EBT $306,200
Less: Tax (35%*306200) <u>$107,170</u>
Net Income <u>$199,030</u>
<u />
b. Operating cash flow = Net income + Depreciation
Operating cash flow = $199,030 + $120,000
Operating cash flow = $319,030
A must get credit counseling before they file
Answer:
left if the rise in nominal wages is larger than the rise in productivity
Explanation:
Aggregate supply curve shows all goods and services that is supplied to consumers during a particular period in a particular country.
Movement along aggregate demand curve is as a result of price, however a shift in the curve results from othe factors such as income, taxes, cost of input, and so on.
Increased wages will lead to reduction in aggregate supply because the cost of input (labour) has increased. So supplies will be able to produce less at the higher cost.
A rise in productivity will result in increase in output per unit time. So more will be produced.
If the rise in wages is higher than those in productivity it will result in a shift to the left. That is products will be supplied at less quantity than before. This is as a result of more cost on the supplier.
Answer:
B
Explanation:
On the basis of their actions in selling their house at $300,000 despite being use for years , their behavioral tendencies at work include loss aversion and anchoring.
Loss aversion is a psychology and decision taking theory where people try as much as possible to avoid making losses but make equivalent gain.
Anchoring is defined as a cognitive bias where the human being rely on an existing information as reference for decision making.
Answer:
The best solution
Explanation:
I took the test and got it right
