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
Yakvenalex [24]
3 years ago
15

Suppose in a recent quarter, Alliance Atlantis Communications Inc. reported net cash provided by operating activities of $45,600

,000 and revenues of $264,800,000. Cash spent on plant asset additions during the quarter was $1,600,000. No dividends were paid. Calculate free cash flow.
Business
1 answer:
GaryK [48]3 years ago
5 0

Answer:

Free cash flow = $44,000,000.

Explanation:

<em>Free cash flow represents the amount that is left to all the providers of  capital after the payment of all all operating expenses, working capital and investment in fixed asset expenditures.</em>

It is computed as cash flow made from operation less capital expenditures

For Atlantic Communications

Free cash flow = $45,600,00 - $1,600,000

                        =  $44,000,000.

Free cash flow = $44,000,000.

You might be interested in
A property is purchased for $200,000 with an 80 percent LTV. After five years, the owner's equity is $80,000. What would be the
sweet-ann [11.9K]

Answer:

14.57%

Explanation:

Data provided in the question:

Purchasing cost of the property = $200,000

LTV = 80%

Time, n = 5 years

owner's equity = $80,000

Now,

Loan amount = Purchasing cost × LTV

or

Loan amount = $200,000 × 80%

or

Loan amount = $160,000

Thus,

Annual EAHE = (\frac{\textup{Loan}}{\textup{Equity}})^{\frac{1}{n}}-1

or

Annual EAHE = (\frac{\textup{160,000}}{\textup{80,000}})^{\frac{1}{5}}-1

or

Annual EAHE = 0.1487

or

Annual EAHE = 0.1457 × 100% = 14.57%

7 0
3 years ago
What steps can a nation take to achieve economic growth?
GalinKa [24]
<span>The correct answer should be 2 and 4. Physical capital investing doesn't necessarily mean that there will be an increase in production, while import increase is bad for the economy because what you want is to export. Reducing the defense budget doesn't make your economy grow. Investing in human capital means that you help people educate so they can work better and produce more and come up with new things, and engaging in international trade makes your economy stronger too.</span>
8 0
2 years ago
Read 2 more answers
The investments of Steelers Inc. include a single investment: 11,100 shares of Bengals Inc. common stock purchased on September
mihalych1998 [28]

Answer:

Steelers Inc.

a) Journal entries:

Sept. 12

Debit Available for Sale Investment $133,200

Credit Cash Account $133,200

To record investments in the common stock of Bengals Inc., 11,110 shares at $12 per share.

Dec. 31:

Debit Unrealized Loss on Available for Sale Investment $22,200

Credit Available for Sale Investment $22,200

To record the fair value of the investment.

b) The unrealized gains and losses are included in other comprehensive income within the equity section of the balance sheet.

The loss will, therefore, be deducted from other comprehensive income.

Explanation:

Investments held for sale are accounted for at fair value.  This implies that at the end of any accounting period, the fair value of the investments will be determined.  This is usually the market value.  Then, adjustments are made in the asset account according to the fair value.  There will be recognized either unrealized gain or loss, which are taken to other comprehensive income in the balance sheet under the equity section.

5 0
3 years ago
A major difference between high-assertiveness and low-assertiveness cultures is that people in low-assertiveness cultures tend t
Nataly_w [17]

Answer:

B. False

Explanation:

People with high assertiveness respect themselves because they are very willing to defend their interests.  They can freely express their thoughts and feelings.  Since they are aware of their rights and others', they always work to resolve conflicts.  But cultures with low assertiveness tend to allow others to manipulate them while displaying low self-esteem.

6 0
2 years ago
Read 2 more answers
When price decreases, quantity increases. Price elasticity of demand measures how much ________.a. The price decreasesb. The pri
erastova [34]

Answer:  

Price elasticity of demand measures how much the quantity increases when price decreases.

Explanation:

Price elasticity is the percentage change in the quantity demanded, divided by the percentage change in the price.

If the percentage in the change in the quantity demanded is bigger than the percentage in the change of the price we talk about elastic demand.

If the percentage in the change in the quantity demanded is smaller than the percentage in the change of the price we talk about inelastic demand.

And if he percentage in the change in the quantity demanded is excatly the same than the percentage in the change of the price we talk about unit elastic demand.

6 0
3 years ago
Other questions:
  • In the long run the unemployment rate equals select one:
    5·1 answer
  • What comes in liabalities​
    5·2 answers
  • Suppose you learn that your friend is serving flank steak at her​ party; all-you-can eat and at no charge. Flank steak is your f
    10·1 answer
  • Lashondra is the owner/operator of an interior design firm. Last year she earned $400,000 in total revenue. Her explicit costs w
    5·1 answer
  • On which kinds of goods do governments generally place price ceilings?
    7·2 answers
  • Why would bankers need to see the business plan?
    14·2 answers
  • "Roller-Tell Inc., a major supplier of components to the automobile industry, has recently confronted a crisis as one of its man
    7·1 answer
  • Described below are certain transactions of Sunland Company for 2021: 1. On May 10, the company purchased goods from Fox Company
    10·1 answer
  • A master franchisee, in addition to having the right to open and operate a specific number of locations in a particular area, al
    8·1 answer
  • An experience that would be listed in the ""other experience"" category would include _____. a. military service b. awards earne
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!