Answer:
The after-tax cash flow generated by Eraser Corp in 2017 should be $89.5 million
Explanation:
Net income before tax = Revenue - Cost of Goods Sold - Sales General and Admin Expenses = $200 million - $100 million - $50 million = $50 million
Eraser Corp faced a tax rate of 21%,
Tax paid = 21% x $50 million = $10.5 million
No money was spent on Capital Expenditures or on additional Net Working Capital.
The after-tax cash flow generated by Eraser Corp in 2017 = Net income before tax + Depreciation expense - Tax = $50 million + $50 million - $10.5 million = $89.5 million
Note: Depreciation expense is Non-Cash Expenses, so it does not include in Cash Flow.
Answer:
18%
Explanation:
Ke = Kul +[Kul+Kd] [D/E]
Unlevered cost of Equity(Kul)= 16%, Cost of Debt(kd) = 8%, Debt = $7500 & Equity = $30,000
ke= 0.16+(0.16-0.08)(7,500/30,000)
ke= 0.16+(0.08)(0.25)
ke= 0.16 + 0.02
ke= 0.18
Ke = 18%
Thus, the firms cost of equity capital is 18%
Answer:
Explanation:
glass , wool , hair , silk , ebonite , rubber
On this series , material lower on the list acquires negative charge when rubbed with material on the upper end of the list.
like budgeting maybe I think
Explanation:
counting money determined by what u can spend vs what u can't
