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Nastasia [14]
3 years ago
10

Nova Electrics anticipates cash flow from operating activities of $13 million in 20X1. It will need to spend $8.5 million on cap

ital investments to remain competitive within the industry. Common stock dividends are projected at $1.10 million and preferred stock dividends at $1.30 million.a. What is the firm’s projected free cash flow for the year 20X1? (Enter your answer in millions of dollars rounded to 2 decimal places.)b. What does the concept of free cash flow represent? A. Free cash flow equals cash flow from operating activities.B. Free cash flow represents the funds that are available for investing activities, such as purchasing plant and equipment assets.C. Free cash flow represents the funds that are available for special financing activities, such as a leveraged buyout.
Business
1 answer:
Maslowich3 years ago
8 0

Answer:

a.  $2.1 million

A. Free cash flow equals cash flow from operating activities.B. Free cash flow represents the funds that are available for investing activities, such as purchasing plant and equipment assets

Explanation:

a. The computation of the free cash flow is shown below:

= Cash flow from operating activities - capital investments - projected common stock dividend - preferred stock dividend

= $13 million - $8.5 million - $1.10 million - $1.30 million

= $2.1 million

b. The normal formula to compute the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - net capital Expenditure.

This formula indicates the operating activities and the investing activities so option a and option b is taken together

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vovangra [49]

Answer:

she used type A coffee is 62 pounds

Explanation:

given data

Type A coffee costs = $4.25 per pound

type B coffee costs = $5.60 per pound

this month Yolanda made = 155 pounds

this month total cost = $784.30

to find out

How many pounds of type A coffee did she use

solution

we consider here that this month type A coffee used = x

and type B coffee used = y

so equation will be

x + y = 155       ..................1

and cost equation

4.25 x + 5.60 y = 784.30       ...............2

now from equation 1 we get y

y = 155 - x     .........................3

put this value in equation 2

4.25 x + 5.60 y = 784.3

4.25 x + 5.60 ( 155 - x) = 784.3

solve this equation we get

x = 62

so she used type A coffee is 62 pounds

3 0
3 years ago
Alyona recently purchased a car. In her first auto loan statement, she was surprised to find a letter for a life insurance compa
Ad libitum [116K]

Answer:

Credit life Insurance

Explanation:

The scenario describes Credit life insurance

This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.

The insurance is liable to the balance on the loan as at the time of the death of the borrower.

3 0
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According to a book by a Harvard Business School professor, some organizational cultures simply cannot meet the challenges posed
vekshin1

Answer:

A) Adaptability

Explanation:

The company could not adapt to the current trends in the market. organizational adaptability is concerned with how firms could quickly adjust their business processes to changes that enhances their growth and make give them the ability to compete with rivals.

Many advantages are embedded in adjusting to the trend in the market, one of which is:

1. They value their employees

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Answer:

1. Sandboxing

2. Containerization

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The function of Sandboxing is to distinguish applications from one another and does not permit them to share the data, user etc

While on the other hand Containerization is a technique that used to separate different data sensitives like a business and personal data kept on the mobile device

Therefore according to the given situation, the option 1 and option 2 is correct

5 0
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Answer:

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