Answer:
$59,000
Explanation:
Calculation to determine the Cost of Goods Sold that would be reported on the income statement
Using this formula
Cost of Goods Sold=Purchases for the year+beginning Inventory)-Ending Inventory
Let plug in the formula
Cost of Goods Sold=($46,000+$21,000) - $8,000
Cost of Goods Sold=$67,000-$8,000
Cost of Goods Sold=$59,000
Therefore the Cost of Goods Sold that would be reported on the income statement is $59,000
Answer:
Tesla is currently selling at $314.92
It has a market cap of $56.763 billion
52 Week Range $176.99 - $379.49
Tesla does not pay dividends so it has no dividend yield
Also Tesla has negative earnings per share therefore it has no PE ratio
Even though Tesla docent pay dividends and has negative earnings per share
its price has increased in the last 52 weeks because people believe it is a growth stock and will provide very good returns in the horizon of 10 years
Explanation:
Answer:
$165,000
Explanation:
The computation of the annual net cash flow is shown below:
But before that first we have to find the depreciation expense which is
= (Initial cost - Salvage Value) ÷ estimated life
= ($400,000 - $75,000) ÷ 5 years
= $65,000
Now the annual net cash flow is
= Depreciation expense + Net Income
= $65,000 + $100,000
= $165,000
We simply added the depreciation expense and the net income so that the annual net cash flow could come