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4 years ago

Why do you think it is important to do what is right even when no one is looking

1 answer:

5 0

It's important because if you were to get used to doing "something wrong", you might as well go into the habit until you get caught. Besides, it's best to do the right thing.

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Provo, Inc., had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million

Sauron [17]

Provo's free cash flow for 2008 is $2,600,000

Income Statement

Revenue $10,000,000

Operating expenses - $5,000,000

Depreciation - $1,000,000

EBIT $4,000,000

Interest expenses - $0

Taxes - $1,600,000 (40% * $4,000,000)

Net Income $2,400,000

Depreciation +$1,000,000

Operating cash flow $3,400,000

Free cash flow = Operating Cash flow - Purchase of equipment - Increase in Inventory

Free cash flow = $3,400,000 - $500,000 - $300,000

Free cash flow = $2,600,000

See related question on this here brainly.com/question/10705084

5 0

3 years ago

18. A company is in its first month of operations. On January 15, the company receives $600 from customers who will receive 10 v

Amiraneli [1.4K]

Answer:

The adjusting entry at the end of January:

Debit Unearned revenue: $480

Credit Revenue: $480

Explanation:

When recceived $600 on January 15 from customer, the company must record:

Debit Cash: $600

Credit Unearned revenue: $600

because all lessons are not provided by the company, the company can't recording revenue.

On January 31, the company provided 8 lessons, so the company must recording revenue for these lesson (8x$60=$480) by adjusting entry.

3 0

3 years ago

You might improve your _________ by creating a company newsletter, Web site, and blog, or by participating on a social media sit

olga2289 [7]

The answer is probably a key word in the lesson material that you are forgetting, and since I have not read your lesson material I can't be sure what the wording is. But all those things have to do with advertising, so best guess is Market exposure or something like that. If that jogs your memory about a key phrase that you learned in the lesson material then go with that though. Goodluck!

8 0

4 years ago

Read 2 more answers

The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed

lesya692 [45]

Answer: $30,600

Explanation:

First calculate the earnings for the year.

Revenue is given. Expenses are also given and come out of revenue. Dividends also come out of revenue as well.

Retained Earnings for the year is therefore,

Retained Earnings for the year = Revenue - Expenses - Dividends

= 62,000 - 44,900 - 2,300

Retained Earnings for the year = $14,800

This figure should be added to the retained earnings of the previous period to find the total balance.

= 14,800 + 15,800

= $30,600

$30,600 is the closing Balance on Retained Earnings after closing entries.

8 0

3 years ago

Edwards Company manufactures low-cost wooden chairs and uses activity-based costing. The following information is for the month

Airida [17]

Answer:

$37.80

Explanation:

Particulars Amount Calculations

Direct materials $7.00

Handling $2.80 ($3,500/5,000*4 parts)

Assembling $9.60 ($12,000/5,000*4 parts)

Packaging $18.40 ($5,750/1,250*4 parts)

Total manufacturing cost per chair $37.80

3 0

3 years ago