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Alina [70]
3 years ago
13

JJ Enterprises has current assets of $10,406, long-term debt of $4,780, and current liabilities of $9,822 at the beginning of th

e year. At year end, current assets are $11,318, long-term debt is $5,010, and current liabilities are $9,741. The firm paid $277 in interest and $320 in dividends during the year. What is the cash flow to creditors for the year? Group of answer choices -$53 $53 $47 -$47
Business
1 answer:
shusha [124]3 years ago
5 0

Answer:

$47

Explanation:

JJ Enterprises

Interest $277

long-term debt i$5,010,

long-term debt of $4,780,

Therefore;

CFC = $277 −($5,010 −4,780)

CFC = $47

Thus the cash flow to creditors for the year is $47

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Answer:

The correct answer is attribute-based evaluation.

Explanation:

The products are susceptible to an analysis of the tangible and intangible attributes that make up what can be termed as their personality.

This analysis is carried out through the evaluation of a series of factors that allow dissection of the product, starting from the central elements to the complementary ones, so that in view of both ours and those of the competition, we can elaborate the marketing strategy that allows us to position the product in the market in the most favorable way. In any case, the different factors that we include below have to serve us only as a script or reference, since depending on the product that we commercialize other totally different attributes will be studied.

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2 years ago
July August September Expected sales $490,000 $540,000 $580,000 Abet's cost of goods sold is 60% of sales dollars. At the end of
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Answer:

Purchases= $330,000

Explanation:

Giving the following information:

Sales:

August $540,000

September $580,000

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Abet wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold.

<u>To calculate the purchases for August, we need to use the following formula:</u>

Purchases= sales + desired ending inventory - beginning inventory

Purchases= (540,000*0.6) + (580,000*0.6)*0.25 - (540,000*0.6)*0.25

Purchases= 324,000 + 87,000 - 81,000

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8 0
3 years ago
In Sid's Surf Shop, there is a 10-foot long surf board on legs with swimwear on it near the entrance to the department where sur
shtirl [24]

Answer: Free Standing display Unit.

Explanation:

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A student bought a used car for $10,000 and resold it one year later for $6,500. insurance, license, and operating costs for the
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In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five y
svlad2 [7]

Answer:

Stock Price in 5 years: $97.94. Stock Price Today: $55.575

Explanation:

A pay-out ratio is computed by dividing dividends per share over earnings per share. Meanwhile, PE or Price-Earnings Ratio is computed by dividing the market value of stocks over earnings per share. Thus, using the pay-out ratio formula, the earnings per share is 2.925 ($1.17/40%) and using the PE ratio formula, the market price of stocks today is $55.575 (19 x 2.925). After 5 years, multiplying 1.17 and 12% rate raised to the 5th power, the dividend will amount to $5.1548. Using pay-out ratio, earnings per share is 5.1548 ($2.0619/40%) and the market price of stock after 5 years is $97.94 ($5.1548 x 19).

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