Answer:
$56,950
Explanation:
We will calculate the operating cash flow as follow;
OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)
= {[$224,230] - $170,000} × 0.65 + ($21,700)
= $35,249.5 + $21,700
= $56,950
Therefore, the operating cash flow is $56,950
Answer:
Annual payment= $3,250.77
Explanation:
Giving the following information:
You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 6% per year.
FV= 300,000 - 43,000= $257,000
i=6%
n= 30
Annual payment= ?
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (257,000*0.06)/{[1.06^30]-1}= $3,250.77
Answer:
True
Explanation:
The work of software developers is quite tough and confusing that is why the system of language was created to help them in their work. The system of language is known as a unified modelling language, it uses various diagrams to help them in solving various complex problems. This language provides a standard way to visualise the concepts that is why it is a logical structure of a database system.
<h3>California Inc Estimated ending inventory is $319,000
</h3>
Explanation:
Goods available for sale = Beginning inventory + Net purchases
- California Inc Beginning inventory $310,000
- California Inc Net purchases = $905,000
- California Inc Goods available for sale = $1,215,000
Gross profit = Net sales * profit %
- California Inc Net sales = $1,280,000
- California Inc gross profit = 30%
- California Inc gross profit = $384,000
Estimated cost of goods sold = Net sales - Gross profit
- California Inc Estimated cost of goods sold = $1,280,000 - $384,000
- California Inc Estimated cost of goods sold = $896,000
Estimated ending inventory = Goods available for sale - Cost of goods sold
- California Inc Estimated ending inventory = $1,215,000 - $896,000
- California Inc Estimated ending inventory = $319,000
California Inc Estimated ending inventory is $319,000
Sole proprietorship is owned by one person. Why LLC is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation
