Answer:
$266,000
Explanation:
The formula to compute the free cash flow is shown below:
Free Cash flow = Operating cash flow - capital expenditure
= $670,000 - $404,000
= $266,000
The operating cash flow is come from cash provided by operations and capital expenditure is the cash spent for fixed assets
All other information which is given is not relevant. Hence, ignored it
Answer:
b. Cash 5,400 Debit
Common Stock 1,200 Credit
Paid-in Capital in Excess of Par 4,200 Credit
Explanation:
the cash proceeds will be for 5,400
common stock will increase for the face value:
600 shares x 2 = 1,200
the paid-in capital in excess of par value will be the difference:
5,400 - 1,200 = 4,200
Cash, which is an asset increase for mdebit side while the common stock and additional paid-in are equity accounts. They increase from the credit side.
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Answer:
<em>Increase to Cash dividends</em>
Explanation:
The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.
The correct answer is - E<span>nglish is now the second language of at least one-sixth of the nations restaurant workers, and about one-third of that group speaks no English at all.
Logos is a rhetorical appeal that authors use in order to persuade people to believe them. Logos is based on logic, on facts, or proof, and there is proof to support this claim about English, whereas the other sentences aren't really there to prove anything.
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