Answer:
The Yowell's net cash flow from operating activities is $14,500
Explanation:
In the direct method, the operating activities record revenues and expenses which are earned and incurred during a particular year.
The computation of the net cash flow from operating activities is shown below:
= Consulting services revenue - rent expense - employees' salaries expense
= $64,000 - $15,500 - $34,000
= $14,500
The other items which are mentioned in the question are related to the investing and the financing activities. So, these items would not be considered in the computation part.
Answer:
C. $11.03
Explanation:
We need to first compute the firm's value which is shown below.
Firm's value = Free cash flow ÷ (Weighted average cost of capital - Growth rate)
Firm's value = $4.7 million ÷ ( 10.8% - 3.7%)
= $4.7 million ÷ 7.1%
= $66,197,183
Stock price = (Firm value - Debt) ÷ Number of shares
= ($66,197,183 - $33,100,000) ÷ 3,000,000
= $33,097,183 ÷ 3,000,000
= $11.03
Answer:
The correct answer is option d.
Explanation:
If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.
In order to maximize profits, the oligopoly firms keep their prices higher than a perfectly competitive firm but lower than monopoly. The output level is kept higher than a monopoly firm but lower than a perfectly competitive firm.
Answer:
$92,400
Explanation:
Coolwear incorporation has a balance in its prepaid insurance account of $48,400
In 2018, $86,000 was paid for insurance
At the end of 2018, the balance was $42,000 after adjusting entries were recorded
Therefore the insurance expense for 2018 can be calculated as follows
= $48,400 + $86,000-$42,000
= $134,400-$42,000
= $92,400
Hence the insurance expense for 2018 is $92,400