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
Answer: Investment for Desmond and US foreign direct investment.
Explanation:
This is an investment for Desmond because he owns the store. He is therefore the equity shareholder and investor into the store.
It is also a U.S. Foreign Direct Investment (FDI) because FDI is what describes a situation where an entity from a country goes to another country and sets up a business there that they will own and operate. Desmond being a U.S. citizen is operating a store in another country so this is U.S. FDI.
Like wow this is hard
the answer for sure is
"<span>concentration of media power"
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Answer:
$1,050
Explanation:
since these three transactions involved capital gains or losses (investments lasted more than 1 year), they will be taxed using the capital gains tax rate = 15%
total capital gains = $3,000 (painting) + $5,000 (stocks) - $1,000 (other stocks) = $7,000
total taxes due = $7,000 x 15% capital gains tax rate = $1,050
i believe it is A, you’re welcome!
