Answer:
122,500
Explanation:
The formula for cashflow from operations (CFO) calculated by indirect:
CFO = NI + NCC - WCInV, where:
<em>NI: Net income;</em>
<em>NCC: Non-cash charges, which is depreciation in this exercise;</em>
<em>WCInv: Working capital investments, which is calculated as Changes in inventories + Changes in receivables - Changes in payables.</em>
Putting all the numbers together, we have:
CFO = 109,000 + 18,300 - [(-14,800)-(-19,600)] = 109,000 + 18,300 + 14,800 - 19,600 = 122,500
<em>Note: Gain on disposal of equiment is a part of cash flow from investing activities rather than operating activities.</em>
I think it's 17,000. I there any answer choices?<span />
Answer: (B) was first known and used by the Greeks and then spread through the Romans to England.
Explanation:
A corporate business is a type of business that operates as a legal entity, but run by board of directors.
A legal entity in this context mean the business can legally sue and be sued, incur debts, pay debts, enter into agreement or contracts.
A corporate business is viewed as an individual with legal rights except for some few limitations.
Few advantages of a corporate business includes:
• Raising money: money can be raised through issuing of stocks, selling shares, in order to allow expansion.
• Transfer of ownership: the business can be sold or passed to another under proper documentation.
•It is a life business: meaning the business can outlive their original founders.
The first American corporate business started in the 1970s
Public finance can be defined as the study of government activities, it includes spending, deficits, and taxation.
Answer:
$429,650
Explanation:
Cost of Mineral Mine $3,700,000
Less: Ascribed Land Value <u>$395,000</u>
Depletionable Value <u>$3,305,000</u>
No of units can be extracted from Mine = 10,000,000 units
No of units Sold = 1,300,000 units
Depletion Value = $3,305,000/10,000,000 * 1,300,000
Depletion Value = $429,650