Answer:
$2.4 million
Explanation:
Given that
Earnings before interest and tax (EBIT) = 3 million
Depreciation = 1.2 million
Tax rate = 40%
Capital expenditure + Net operating working capital (NOWC) = 0.6 million
Recall that
Free cash flow = EBIT (1 - T) + depreciation - ( Capital expenditure + NOWC)
Therefore,
FCF = 3 (1 - 0.4) + 1.2 - 0.6
= 1.8 + 1.2 - 0.6
= 3.0 - 0.6
= $2.4 million
Answer:
The double-entry model of accounting might be un-necessary in database frameworks could be valid as the sums identified with the exchange are gone into a database frameworks accurately, as it is put away just a single time and not twice. Information handling is adequately precise to make pointless the detailed arrangement of checks and twofold watches that describes the double-entry model.
Despite the fact that there are points of interest of double-entry accounting, in database frameworks it is superfluous as the database model handling get the job done these focal points.
Effect of database frameworks on bookkeeping and the AIS are robotization and smooth out reporting.It process, changes and creates an information and it is utilized for dynamic as it gives the opportune data as it is mechanized.
Solid interior controls are actualized in the framework with the goal that accounting frauds won't happen.
Answer:
P(x)=-30x^2+9000x-567000
Explanation:
First, we need to remember the parts of a Profit function. A profit a business makes equals revenue (R(x)) minus its costs (C(x)). So
There are two parts
1. Revenue: which is equal to the number of units sold times the price:
where x is the price you charge and Q(x) is the number of shirts that can be sold. Then
2. Cost. The cost function is directly given by the question
Putting this together we have
Answer:
A surplus (or excess demand) of about 8 units
Explanation:
The picture attached shows the diagram necessary for the question which is part of the question. Solution is given below;
At the above ceiling at price of 40$
Quantity supplied will be 16
Quantity demanded will be 24
So when demand is more than supply than there will be a shortage in quantity by (24-16) 8 units.
When there is demand more than supply than it is an excess demand.
So surplus or excess demand by 8 units.