Accounting adds and subtracts numbers billing etc.
Bookkeeping just organizes and stores imformation.
Answer:
$8,000
Explanation:
Data provided in the question:
Sales = $50,000
EBIT = $10,000
Depreciation = $4,000
Increase in Fixed assets = $2,000
Tax rate = 30%
Increase in net operating income = $1,000
Now,
PAT = EBIT - Tax
= 10,000 - (30% of EBIT)
= $10,000 - (30% of $10,000)
= $10,000 - $3,000
= $7,000
Operating cash flow = PAT + depreciation
= $7,000 + $4,000
= $11,000
Therefore,
Free cash flow
= Operating cash flow - Increase in Fixed asset - Net working capital
= $11,000 - $2,000 - 1,000
= $8,000
A tax on suppliers will cause the equilibrium price paid by the consumer to increase and the equilibrium quantity to decrease. The tax would basically make the supplier decide to increase the price of their product. In effect, the consumer would have to pay a higher <span>price because of this incident. Since the price to be paid by the consumer would increase, the equilibrium quantity would eventually increase because the amount to be paid by the consumer is already fixed. When the price per unit would increase, the number of units that can be bought with the specified amount of money will eventually decrease.</span>
Answer:
How much of the distribution is treated as a dividend in 20X3?
100000
Explanation:
E&P CURRENT 200000
E&P ACCUMULATE -100000
Dividend 100000
