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irakobra [83]
2 years ago
10

Marigold’s Pest Control Products has the following information available: net income, $15800; cash provided by operations, $2170

0; cash sales, $65200; capital expenditures, $10100; and dividends paid, $3500. What is Marigold’s free cash flow?
Business
1 answer:
tester [92]2 years ago
8 0

Answer:

The Maigold's free cash flow can be calculated using the below formula:

Cash Provided by Operations-Capital expenditure-Dividends paid

Explanation:

Cash provided by operations   $21700

Capital expenditure                  ($10100)

Dividends paid                          ($3500)

Free cash flow of Maigold's     $8100

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Answer:

The correct option is c $1,593,056.

Explanation:

Patent : The patent is an intangible asset in which amortization is to be charged every year till its useful life. An intangible asset is also known as long term asset which cannot be seen or even touched.

As in the given question the patent is purchased on November 30 but we have to reported on the December 31, 2015, so the total months between them is 25 months.

And, the remaining useful life of patent is 15 years we have to convert the years into months .

So, 15 × 12 months in a year = 180 months.

Since, for 180 months the $1,850,000 is given, we have to compute for 25 months. The computation is shown below:

= ($1,850,000 × 25) ÷ 180

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Hence, the balance would be Purchase cost - amortization expense

= $1,850,000 - $256,944

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Thus, the correct option is c $1,593,056.

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2 years ago
Which of the following is part of the president’s cabinet? Secretary of the Department of Health and Human Services Secretary of
zalisa [80]

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2 years ago
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Lake inc. and river inc. reported net incomes of $800,000 and $1,000,000 respectively, for the most recent fiscal year. both com
Aliun [14]

Answer:

ROA= 8%

Explanation:

Return on assets is defined as the revenue that an asset generates in a particular period.

ROA shows how efficiently a manager is generating income from the companie's assets.

The formula is

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3 years ago
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Answer:

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telo118 [61]

Answer:

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