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3 years ago

The following information is for Ayayai Corporation as of December 31, 2017.

Business

1 answer:

Sergeeva-Olga [200]3 years ago

4 0

Answer:

Flint Corporation current assets section of Balance Sheet

Particulars Amount

Cash ($23,500 + 21,100) 43,600

Less: Restricted for plant expansion 23,500 21,100

Trading Securities 9,700

Accounts receivable 73,300

Less: Allowance for bad debts 3,700 69,600

Interest receivables (19,600*7%*9/12) 1,029

Inventories

Finished goods 33,300

Work in Progress 13,000

Raw materials 59,600

Total Current Assets 186,229

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Your corporation has the following cash flows: Operating income $250,000 Interest received $ 10,000 Interest paid $ 45,000 Divid

masha68 [24]

Answer: $88,400

Explanation:

My corporation Plc

Corporate tax for the year

Operating incom $250,000

Interest received $10,000

Interest paid ($45,000)

Dividends received $6,000

Taxable income $221,000

Since the tax rate is 40%

Tax= 0.4x($221,000) = $88,400.

NOTES

Taxable income is (250000+10000+6000-45000)

Interest paid is in bracket because it's a deduction.

70% of dividends received is excepted from tax

0.3x20000=$6000

Dividends paid out is after tax has been deducted.

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3 years ago

A company is considering an iron ore extraction project that requires an initial investment of and will yield annual cash inflow

Murrr4er [49]

Answer: D. 15%

Explanation:

The IRR is the discount rate that will make the Net Present Value to be 0.

In other words, the IRR is the discount rate that will make the cash inflow from the investment to be equal to the investment amount.

As the cashflow is constant, it is an annuity and so can be calculated by the Present Value Interest Factor.

Investment cost = $1,100,000

Using the options given;

Discount rate - 14%

Present Value of Cash inflow = 676,507 * Present Value of Annuity factor, 14%, 2 years

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Discount rate - 15%

Present Value of Cash inflow = 676,507 * Present Value of Annuity factor, 15%, 2 years

= 676,507 * 1.626

= $1,100,000.382‬

= $1,100,000‬

IRR is 15% as Present value of Cash inflow is equal to Investment cost at a discount rate of 15%.

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Pointing out any deficiencies and the possible reasons for them should be done in the _______ step of the marketing research pro

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Explanation:

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Ugo [173]

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