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Oduvanchick [21]
4 years ago
13

Vasudevan Inc. recently reported operating income of $2.30 million, depreciation of $1.20 million, and had a tax rate of 25%. Th

e firm's expenditures on fixed assets and net operating working capital totaled $0.60 million. How much was its free cash flow, in millions?
Business
1 answer:
Korvikt [17]4 years ago
4 0

Answer:

free cash flow is 2.352 million

Explanation:

Given data:

operating income is $2.30 million

depreciation $1.20

tax rate is 25%

free cash flow is calculated by using below formula

free cash flow = operating  income ( 1- Tax) + depreciation -  fixed working capital

                       = 2.75( 1 - 0.25) + 1.20 - 0.6

                       = 2.352 million

free cash flow is 2.352 million

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Answer:

Unitary cost= $62.5

Explanation:

Giving the following information:

Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.

Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.

First, we need to determine the allocated MOH:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750

Total cost= 4000 + 1500 + 750= $6,250

Unitary cost= 6250/100= $62.5

3 0
3 years ago
A country with a very low per capita GDP can have a very high growth rate because mathematically, when the________ is________, e
lana66690 [7]

Answer:

Denominator

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The reason is that the statement is talking about the low per capita GDP which we can see in the picture attached with this answer.

We can see that if the denominator is lower which means that either population decreases or remains constant when the GDP has increased then the the growth in the per capita GDP will be higher because minute increases in the GDP will increase the answer with significant percentages.

4 0
4 years ago
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As distribution manager, hassan is constantly gathering information about shipping rates, improvements in logistics analysis, an
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There are different kinds of roles in distribution. Hassan is playing the Monitor role.

<h3>What are the roles of a monitor? </h3>
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Monitors are given the powered to receive reports of any unfair practices and handle them as in the case with Hassan.

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7 0
3 years ago
The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favo
Black_prince [1.1K]

Answer:

the  standard price per yard is $6.25

Explanation:

The computation of the standard price per yard is shown below;

Material quantity variance = Standard Price  × (Actual quantity - Standard quantity)

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Thereore Standard price = -$5,000 ÷ (-800)  

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Hence, the  standard price per yard is $6.25

We simply applied the above formula so that the standard price per yield could come

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3 years ago
All large modern economies have become mostly market economies because market economies provide __________.
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The answer is C. Hoped this helped you
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