Answer:
$2.08 million
Explanation:
The operating cash flow is shown below:
= EBIT + Depreciation - Income tax expense
where,
EBIT = Sales - cost of good sold - depreciation expense
= $6.70 million - $3.70 million - $0.70 million
= $2.30 million
The income tax expense would be
= EBIT × tax rate
= $2.30 million × 40%
= $0.92 million
Now put these values to the above formula
So, the value would equal to
= $2.30 million + $0.70 million - $0.92 million
= $2.08 million
The RESPA Uniform Settlement Statement must be used to illustrate all settlement charges for residential transactions financed by federally related mortgage loans.
More about RESPA Uniform Settlement Statement:
The United States passed the Real Estate Settlement Procedures Act (RESPA). Congress mandated full disclosure of settlement costs to purchasers and sellers in 1975.
RESPA was also developed in order to limit the usage of escrow accounts, forbid kickbacks, and remove abusive tactics in the real estate settlement process. The Consumer Financial Protection Bureau is now in charge of enforcing the federal law known as RESPA (CFPB).
Learn more about RESPA here:
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0.00547645125%
5 / 913 = 0.00547645125
Answer: $154.00
Explanation:
If the company is using FIFO, they would have sold off the earliest purchases first. As the sold 6 letters in October, the letter left from the first purchase is:
A to G = 7 letter
= 7 - 6
= 1 letter
Remaining inventory = 1 letter at $10.50
H - L = 5 letter
= 5 * 12.50 = $62.50
M through to R = 6 letter
= 6 * 13.50
= $81
Total ending inventory = 10.50 + 62.50 + 81
= $154.00
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<em>Note: Options are most likely for a variant of this question. </em>
<span>In function of the good service that must have in public transport and the welfare for the citizens another suggestion and possible resource that can be taken in this respect is to combine those initial ideas in function of the efficiency that these decisions provide. Reduce the price, you can decrease the income for maintenance, therefore you can freeze for time. Increasing the price may lead to rejection by users and an impact on their economy, however, it must be increased at a reasonable time. The monthly and annual passes are part of a balanced idea. In view of the acceptance of users there is more demand therefore the third idea must be complemented and offer passages of reduction of prices per trip that do not affect both economies of companies and users.</span>