Answer:
See below
Explanation:
Computation of Cash flow
Net cash provided by operating activities
$140,000
Less:
Net cash used for investing activities
($86,000)
Less:
Net cash provided by financing activities
(64,000)
Ending cash balance
($10,000)
Therefore, Lee would expect free cash flow of ($10,000) for 2024.
Answer:
The preparation is presented below:
Explanation:
The preparation of the retained earnings statement for the year ended July 31, 2018 is presented below:
Cali Communications'
Retained Earning statement
For the year ended July 31, 2018
Beginning balance of retained earning $0
Add: Net income $5,150
Less: Cash Dividend paid -$0
Ending balance of retained earning $5,150
The selling price per unit less the variable cost per unit is the contribution margin per unit.
<h3>What is the contribution margin per unit.?</h3>
This is the term that is used to refer to the selling price that was used for the sale of a particular good minus the variable cost that was employed in the production of that particular good. It is the contribution that is made towards the payment of the fixed costs.
Hence we can say that The selling price per unit less the variable cost per unit is the contribution margin per unit.
Read more on contribution margin per unit here: brainly.com/question/13528647
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Answer:
The answer is $126,000
Explanation:
Please find the attached file for the calculation.
