1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelechka [254]
3 years ago
10

Companies can use free cash flow to: Select one:

Business
1 answer:
stellarik [79]3 years ago
4 0

Answer:

d.All of the above.

Explanation:

Free cash flow is the amount of cash that is available for management to use in any way they want (at their discretion), after all essential payments have been  made.

Essential payment may include taxation payment and other operational expenditure.

Keeping in view the above discussion, it can be assumed that the free cash flow can be used to pay additional dividends, acquire more property, plant and equipment and pay off debts.

Therefore the answer is d.All of the above.

You might be interested in
A firm called Can't Be Stopped, Won't Be Stopped uses process costing to determine the cost of inventory. All direct materials a
Luden [163]

Answer:

c.

Weighted average: $117.81 conversion costs per equivalent unit

FIFO: $115.94 conversion costs per equivalent unit

Explanation:

completed       9,000

ending WIP        500 at 25%

beginning WIP 1,000 at 50%

<u>weighted average:</u>

completed units + percentage of completion ending WIP

9,000 + 500 x 25% = 9,125

cost: 75,000 + 1,000,000 = 1,075,000

conversion cost per unit:

1,075,000 / 9,125 = 117,81

<u>FIFO </u>

completed units + percentage of completion ending WIP - begining WIP

9,000 + 500 x 25% - 1,000 x 50% = 8,625

cost of the equivalent units

1,000,000 / 8,625 = 115.94

5 0
3 years ago
The flexible budget performance report directs management's attention to areas where: (Check all that apply.)
Solnce55 [7]

The flexible budget performance report directs management's attention to areas where:corrective action can help control operations.

<h3>What is flexible budget performance report?</h3>

Flexible budget performance report can be defined as the type of report that  enables the management of a company to determine the difference  between quantity variance and price variances.

Flexible budget performance report is important for companies as it draw their attention to areas were they need to take corrective action  that will lead to efficiency.

Inconclusion it directs management's attention to areas where:corrective action can help control operations.

Learn more about Flexible budget performance report here:brainly.com/question/14015382

5 0
2 years ago
Which consideration must a society address when deciding for whom to produce a potentially scarce or limited
Paha777 [63]

Answer:

Who has the greatest need?

Explanation:

6 0
3 years ago
Read 2 more answers
At the beginning of July, CD City has a balance in inventory of $2,450. The following transactions occur during the month of Jul
denpristay [2]

Answer:

CD City

a. Journal Entries, using perpetual inventory system:

July 3:

Debit Inventory $1,350

Credit Accounts Payable (Wholesale Music) $1,350

To record purchase of CDs on account, terms, 2/10, n/30.

July 4:

Debit Freight-in $110

Credit Cash $110

To record cash payment for freight.

July 9:

Debit Accounts Payable (Wholesale Music) $200

Credit Inventory $200

To record return of CDs.

July 11:

Debit Accounts Payable (Wholesale Music) $1,150

Credit Cash Discount $23

Credit Cash $1,127

To record full settlement on account.

July 12:

Debit Accounts Receivable $3,900

Credit Sales $3,900

To record sales of CDs on account.

Debit Cost of Goods Sold $2,050

Credit Inventory $2,050

To record the cost of sales.

July 15:

Debit Cash $3,900

Credit Accounts Receivable $3,900

To record cash receipt from customers.

July 18:

Debit Inventory $2,150

Credit Accounts Payable (Music Supply) $2,150

To record purchase of CDs on account, terms, 2/10, n/30.

July 22:

Debit Cash $3,250

Credit Sales $3,250

To record cash sales.

Debit Cost of Goods Sold $1,550

Credit Inventory $1,550

To record cost of sales.

July 28:

Debit Accounts Payable (Music Supply) $110

Credit Inventory $110

To record return of CDs.

July 30:

Debit Accounts Payable (Music Supply) $2,040

Credit Cash $2,040

To record full settlement.

b. Top Section of Multiple-step Income Statement for the month of July:

Sales                              $7,150

Cost of Goods Sold = ($3,600)

Gross Profit             = $3,550

Explanation:

a) Sales

July 12 =  $3,900

July 22 = $3,250

Total $7,150

b) Inventory

Beginning Balance = $2,450

July 3 purchase    =      1,350

July 9 return         =       -200

July 12 cost of sales  -2,050

July 18 purchase   =     2,150

July 22 cost of sales  -1,550

July 28 return       =        -110

Ending Balance    =  $2,040

c) Cost of Goods Sold

July 12 cost of sales  $2,050

July 22 cost of sales    1,550

Total  $3,600

8 0
3 years ago
What's the best strategy for avoiding ATM fees?
GalinKa [24]
Going to your designated bak
6 0
3 years ago
Read 2 more answers
Other questions:
  • Young Bobby opened a lemonade stand in his front yard. He used $4 worth of lemons, sugar, and cups, and paid his little sister $
    10·1 answer
  • Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 units,its average cost
    9·1 answer
  • Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
    5·1 answer
  • Matt and Patricia are husband and wife and live in Oregon. In 2010 and using her funds, Patricia purchased a residence for $400,
    13·1 answer
  • In year 8, Mondo Magazines began selling one- and two-year subscriptions to its publications. Subscriptions are collected in adv
    12·1 answer
  • Which answer best describes an unsubsidized federal loan?
    10·1 answer
  • A producer of felt-tip pens has received a forecast of demand of 30,000 pens for the coming month from its marketing department.
    12·1 answer
  • Damien paid $41,000 for a new car. A few weeks later, he received a $2,000 cash rebate from the manufacturer. Damien later claim
    6·1 answer
  • Provide the economic term/concept for each of the following descripcions inte
    11·1 answer
  • Country A can produce 10 yards of textiles or 6 pounds of food per unit of input. Compute the opportunity cost of producing one
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!