Answer:
The current ratio, the debt to assets ratio, and free cash flow for March 31, 2017 is 0.8 : 1, 90.20%, $26,000 respectively.
Explanation:
Current ratio = Current assets ÷ current liabilities
= $234,000 ÷ $292,500
= 0.8 : 1
Debt ratio = Total liabilities ÷ Total assets
= $369,600 ÷ $440,000
= 90.20%
Free cash flow = Net cash provided by operating activities - dividend paid - capital expenditure
= $64,000 - $12,000 - $26,000
= $26,000
Answer:
b. $2,536,000
Explanation:
The computation of the net cash flows from financing activities is presented below:
Cash flows from financing activities
Cash payment on dividend declared -$186,000
Sale value of treasury stock $300,000
Cash paid to retire of long term bond -$2,650,000
Net cash flows used by financing activities -$2,536,000
The cash outflow is in negative sign whereas the cash inflow is in positive sign
Answer:
The Coronado`s Retaining Earnings Balance is at end of 2022 is $ 808 000
Explanation:
Retained Earnings at the end of the year is calculated by adding together The Retained Earning at the Beginning of the Period, the Distributive Profit for the year ( Profit for the year after Interest and tax), then subtracting the dividends paid during the year.
From the question Retained Earnings at the Beginning of the year was provided at $661000.
The Distributive Profit needed a calculation. Revenue minus Expenses gives us profit.Expenses here include ALL trading, operating interest and tax expenses. This give is a Distributive Profit of $ 284000 ( $621000-337000). The $1011000 is disregard in calculation of profit and only Revenues that match with expenses are regarded (Accrual Principle).
The dividend paid was provided for at $ 137000.
This the Retained Earnings figure at end of 2020 is $808000( 661000+284000-137000)
Answer:
music and her makeup brand
Answer: False
Explanation:
A short term tax cut will not affect spending as much as a permanent tax cut.
With a short term tax cut, people will know that they will have to go back to paying higher taxes in a short while and so will spend less so that they may be able to afford the higher taxes when they are reimplemented.
If a tax cut is long term however, consumers will spend more because they do not have to worry about having to afford to pay higher taxes after the year expires.
