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Fiesta28 [93]
4 years ago
13

Nova Electrics anticipates cash flow from operating activities of $9 million in 20X1. It will need to spend $5.5 million on capi

tal investments to remain competitive within the industry. Common stock dividends are projected at $.60 million and preferred stock dividends at $.20 million.
Business
1 answer:
Degger [83]4 years ago
8 0

Explanation:

The computation of the free cash flow is shown below:

Free cash flow = Cash flow from operating activities - capital expenditure - common stock dividend - preferred stock dividend

= $9 million - $5.5 million - $0.60 million - $0.20 million

= $2.70 million

The free cash flow represents the remaining cash flow left after paying the capital expenditure, operating expenses, etc

So, it would be used for special financing activities like leverage buyout

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Before introducing the results of your survey, you explain in detail how you collected the data and the possible limitations of
nasty-shy [4]

Answer:

I don't know but don't delete my answer pls

Explanation:)

7 0
2 years ago
Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and
nalin [4]

Answer:

Following are the solution to this question:

Explanation:

In point 1:

Date                 Title                                  post reference           Dr.               Cr.   30-sep       Method work – refining             141                  388000  

                          Materials                              131                                    385000  

In point 2:

Date                 Title                                  post reference           Dr.               Cr.   30-sep        Method work – refining                  141              141000  

                   Payable Wages                                 251                              141000

In point 3:

Date                 Title                                  post reference           Dr.               Cr.   30-sep        Method work – refining                 141               96800  

                   Factory overhead- refining            151                                96800

In part B:

Date                 Title                                  post reference           Dr.               Cr.   30-sep          Method work – Sifting               142                 625600

           (388000+141000+96800+(29800-30000))

              Method work – refining                     141                                 625600

5 0
3 years ago
A company had the following treasury-stock related account balances: Treasury Stock - $250,000Paid-in Capital from Treasury Stoc
Juliette [100K]

Answer:

the paid-in capital from treasury stock transactions would be reduced by $20000

Explanation:

Treasury stock is the stock that is bought by the stakeholders of the issuing company.The treasury stock does not receive dividends. Paid in capital are money being paid by investors in exchange for shares.

If the company resells Treasury Stock that originally cost $60,000 for $40,000.

The paid-in capital from treasury stock transactions to be reduced = $60,000 - $40,000 = $20000

6 0
4 years ago
A mutual fund that attempts to hold quantities of shares in proportion to their representation in the market is called a _______
aniked [119]

Answer:

Index.

Explanation:

Mutual funds are a type of investment that takes money from many investors and uses it to make investments based on a stated investment objective.

An index fund is a type of mutual fund with a portfolio constructed to match or track the components of the market index. These are mutual funds whose holdings aim to track the performance of a specific stock market index. Index funds also track bonds, real estate, and other types of assets.  These funds are lower cost than other types of funds.

5 0
3 years ago
After sugar refiner has produced fine sugar for baking purposes, what is left over is used to produce molasses. This technology
Blizzard [7]

Answer:

ECONOMIES OF SCOPE

Explanation:

Economies of Scope concept implies producing different , but related products will reduce the per unit  cost of production of the firm (relatively lesser than if the products would have been produced separately.

This happens because of backward & forward linkages in interrelated but different goods' inputs & outputs .

Ex : In this case, another byproduct - molasses has been produced of waste from sugar production, which could have otherwise been purchased input.

Economies of Production is cost reduction due to quantity & not variety production. Diseconomies of Scale & Diseconomies of Scope are their opposite phenomenas leading to cost rise . So , none of these 3 are apt.

6 0
3 years ago
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