Answer:
Cash provided by operating activities $39,650
Explanation:
The computation of the cash provided by operating activities under the direct method is as follows:
Sales Revenue $30,600
Decrease in Account Receivable $4,600
Interest Revenue $5,600
Increase in Interest Receivable - $1,150
Cash provided by operating activities $39,650
We simply applied the above sequence so that the correct value could come
And, the same is to be considered
Answer: c. 3%
Explanation:
The Insurance company guaranteed that the minimum rate that they will pay their policyholders as 3%. Just because the investments are now drawing only 2.5% due to the economic downtown does not absolve them of this agreement.
They must therefore still pay their policy holders the minimum return guaranteed which is 3%.
Answer:
See complete solution in the picture attachment.
Explanation:
Answer:
Icarus total value: 478,459,899
Explanation:
We will calcualte the WACC to know the cost of capital for the company:
Ke 0.14
Equity weight 0.79
Kd 0.07
Debt Weight 0.21
t 0.4
WACC 11.94200%
Now we calcualte the value of the company:
59,000,000
<u> (21,000,000) </u>
38,000,000 Free Cash flow ofthe Firm
Value: 478.468.899
