Answer:
operating cash flow = $21307.5
Explanation:
given data
sales = $50,000
costs = $23,000
depreciation expense = $2,250
interest expense = $2,000
tax rate = 23 percent
solution
we get here operating cash flow for that
EBIT = Sales - Costs - Depreciation .............1
EBIT = $50,000 - $23,000 - $2,250
EBIT
= $24750
and taxes is
taxes = tax rate × EBIT ..........2
taxes = 0.23 × $24750
taxes = $5692.5
so here operating cash flow that is
operating cash flow = EBIT + Depreciation - Taxes ..........3
operating cash flow = $24750 + $2,250 - $5692.5
operating cash flow = $21307.5
As indicated in the Preliminary Scope Statement, some of the potential risks associated with the fishing expedition are:
- Risk of Water damage to equipment;
- Risk of drowning
- Risk of potential loss of fishing equipment. etc.
<h3>What is a Preliminary Scope Statement?</h3>
A Preliminary Scope Statement is a written or documented statement that highlights the significance and level of a project as well as its objectives.
When writing a Preliminary Scope Statement, the goals or objectives have to be itemized in a manner that is:
- Easy to understand
- Actionable; and
- Measurable.
Learn more about the Preliminary Scope Statement at:
brainly.com/question/15195620
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Answer:
lower; higher.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
Generally, installment sales are permitted or allowed by the tax laws in a country. Typically, they are recognized in the year of sale for the purpose of financial reporting. Also, installment sales for any goods or services are to be reported in the tax return, at a later time when cash is received from the customer (buyer).
This results in a deferred tax liability because taxable income is lower than financial income in the year of sale, and higher than financial income in later years when collected.
Answer:
None of the answer is correct.
Explanation:
When Marvin purchase stock in March 2020 at a price of $28. The exercise price for the stock is $20. When Marvin will sell the stock at the exercise price he will gain on the sale of the stock. AMT is the difference or spread between the stock exercise price and its underlying fair market value.
Answer: due to lack of money in small countries
Explanation:
