They will save more and plus it will be there car property
Answer:
d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.
Explanation:
In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year
a)Little book LTD earning per share is $1.118 per share.
Explanation:
To calculate earning per share we will use following formula:
Now to find net income we will take help of asset turnover ratio :
Asset turnover ratio = 
1.5 × $860000 = x
x (net sales) = $1290000
Outstanding shares = 75000 shares
So Net Income = $1290000×.065
= $83850
Now Earning per share = 
Earning per share = $1.118
b) Market to Book Ratio will be 1.2 for Little Book LTD.
Explanation:
Market to Book Ratio =
Market Capitalization = $ 75000× $ 12
= $900000
So, Market To Book Ratio =
Market To Book Ratio = 1.2
Answer:
The answer is B.
Explanation:
Taxes are compulsory payment levied by a government of a country. It is not voluntary.
We have direct and indirect tax.
Direct taxes are those taxes that are imposed on individual and company. A company is charged at a rate after its profit is known. An individual earning salary is charged before the salary is collected.
Indirect taxed are those levied on goods and services. These types of taxed are pass on to the consumers in form of price of goods.
Tax is mandatory for everyone. Its a revenue for government
Answer:
$67,150
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $12,750
Adjustment made:
Add : Depreciation expense $32,600
Add: Decrease in accounts receivable $21,500
Less: Increase in inventory -$18,300
Add: Increase in accounts payable $19,800
Less: Decrease in interest payable -$1,200
Total of Adjustments $54,400
Net Cash flow from Operating activities $67,150
