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Readme [11.4K]
3 years ago
8

Catering Corp. reported free cash flows for 2008 of $8.17 million and investment in operating capital of $2.17 million. Catering

listed $0.92 million in depreciation expense and $2.17 million in taxes on its 2008 income statement.
What was Catering's 2008 EBIT?
Business
1 answer:
gtnhenbr [62]3 years ago
5 0

Answer:

$11.59 million

Explanation:

The computation of earning before interest and tax is shown below:-

Free cash flow = Operating cash flow - Investment in operating cash flow

$8.17 million = Operating cash flow - $2.17 million

Operating cash flow = $10.34 million

For calculating the earning before interest

Operating cash flow = Earning before interest - Taxes + Depreciation

$10.34 million = Earning before interest - $2.17 million + $0.92 million

= $10.34 million = Earning before interest - $1.25 million

Earning before interest = $11.59 million

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Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers. True False
Otrada [13]

It is false that Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers.

<h3>What is B2B mean in marketing?</h3>

Business-to-business (B2B) refers to a form of transaction between businesses, such as one involving a manufacturer and wholesaler or between a wholesaler and a retailer. Business-to-business is conducted between companies, instead of a company and individual consumer.

It is to be noted that business to business marketing is required when one company's output is required for another company to maintain or improve its operations.

Hence, it is false that Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers.

Learn more about B2B marketing here : brainly.com/question/24749141

7 0
2 years ago
_____ involves assembling, packing, labeling, checking and actually moving goods to customers by the best possible means in term
amm1812
Production or distribution is the correct answer
6 0
2 years ago
A firm underwriting of a municipal bond issue usually has a number of different broker-dealers involved. Those who earn the tota
Ymorist [56]

Answer:

Selling syndicate members

Explanation:

Selling syndicate members is a term used in business or finance to describes part of a broker-dealers of a municipal bond issue. They are charged with the responsibilities of selling the bonds allotted to them.

From the sales of each bond, the total takedown, including the additional takedown is earned.

Hence, in this situation, the correct answer is Selling Syndicate Members

5 0
3 years ago
Writers should use words carefully and construct sentences skillfully to emphasize main ideas and de-emphasize minor ideas. Choo
Alexxandr [17]

Answer:

Option b is correct.

Explanation:

The statement in option ''b" is the correct option for laying emphasis on the main idea and de-emphasizing the minor ideas, that is;

"First, please make the changes to the second section of the proposal changes, and then have Jane proofread the entire proposal."

The above statement is a detailed one and shows the step by step instructions or requirements;

1." First, please make the changes to the SECOND SECTION of the proposal changes.''

The SECOND SECTION the writer mentioned lay emphasis on the second section of the proposal CHANGES AND NOT THE WHOLE.

2. "and then have Jane proofread the ENTIRE proposal"

The writer wants Jane to do the PROOFREADING of the ENTIRE proposal.

4 0
3 years ago
Andrew owns land (adjusted basis of $94,400) that he uses in his business. He exchanges the land and $47,200 in cash for a diffe
Inga [223]

Answer:

Andrew did do a proper feasibility study about the land

Explanation: Andrew lots chunk of money  because he gave out his land half of the price he bought it initially. And bought another at a higher price

which is more than the  10,000 dollars

7 0
3 years ago
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