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kipiarov [429]
3 years ago
9

Net income for the year for Tanizaki, Inc. was $750,000, but the statement of cash flows reports that net cash provided by opera

ting activities was $860,000. Tanizaki also reported capital expenditures of $75,000 and paid dividends in the amount of $30,000. Compute Tanizaki's free cash flow.
Business
1 answer:
Arturiano [62]3 years ago
5 0

Answer: $755,000

Explanation:

Given that,

Net income = $750,000

Net cash by operating activities = $860,000

Capital expenditures = $75,000

Paid dividends = $30,000

Tanizaki's free cash flow = Net cash by operating activities - Capital expenditures - Paid dividends

                                         = $860,000 - $75,000 - $30,000

                                         = $755,000

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marta [7]

Answer:

No, he should <u>not</u> pick up the $100 bill

Explanation:

If his salary were those $20 billion (20,000,000,000) by a year. Let's find out how much this is by a second.

First let's find out how much is that salary by <em>a day</em>, then by <em>an hour</em>, then by <em>a minute</em> and finally by <em>a second</em>.

\frac{20,000,000,000}{year}*(\frac{1 year}{365d})*(\frac{1d}{24h})*(\frac{1}{60min} )*(\frac{1min}{60s} )  \\\\  =\frac{20,000,000,000}{365*24*60*60} \\ \\ =\frac{20,000,000,000}{31,536,000} \\ \\ =634.19

So he would be losing money if he picks up the $100 bill, because he would be missing 634 dollars per second.

6 0
3 years ago
Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 66,00
Greeley [361]

Answer:

The incremental cost is $198,000

Explanation:

Given;

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Direct materials = $5.00

Direct labor= $9.00

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7 0
3 years ago
A 5-year corporate bond yields 9.70%. A 5-year municipal bond of equal risk yields 6.5%. Assume that the state tax rate is zero.
Roman55 [17]

Answer:

c. 32.99%

Explanation:

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2 years ago
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snow_tiger [21]

Answer:

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6 0
3 years ago
Which of the following is an common factor of failure for small businesses
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6 0
3 years ago
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