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Alex Ar [27]
3 years ago
15

Cellular​ Access, Inc., a cellular telephone service provider reported net income of $ 253.8 million for the most recent fiscal

year. The firm had depreciation expenses of $ 103.3 ​million, capital expenditures of $ 203.3 ​million, and no interest expenses. Net working capital increased by $ 10.6 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year. The free cash flow is ​$ nothing million.
Business
1 answer:
bulgar [2K]3 years ago
7 0

Answer:

$143.20 million

Explanation:

The computation of the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - net capital Expenditure.

= $253.80 million + $103.3 million - $10.6 million - $203.3 million

= $143.20 million

All other information which is given is not relevant. Hence, ignored it

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If costs are 85% of sales (and profit is 15%), what is the amount of extra sales needed to equal $1,200 in profit from purchasin
attashe74 [19]

Answer:

$8,000

Explanation:

Given that

Profit = $1,200

Cost = 85% of sales

Profit = 15%

We know that

Sales = Cost + Profit

         = 85% + 15%

         = 100%

So sales percentage is 100%

Now we use the unitary method to find out the extra sales which would be

= Profit × sales percentage ÷ profit percentage

= $1,200 × 100% ÷ 15%

= $8,000

7 0
3 years ago
Managers who subscribe to ____________ believe that people are naturally lazy and uncooperative and must therefore be either pun
agasfer [191]

Manager who subscribe to Theory X believe that people are naturally lazy and uncooperative and therefore must either be rewarded or punished to be made productive to achieve the target.

Theory X and theory y are two theories of human motivation and management created by Douglas McGregor based on the works of Abraham Maslow and demonstrate opposing models of workforce motivation.  Theory X works on the assumption that the typical worker is unambitious, selfish, uncooperative and avoids responsibility, unintelligent, lazy, and that their main motivation is a steady income.

Managers who employ these assumptions tend to use a reward/punishment system as a motivator and expect increased efficiency with a hands-on approach. Under this type of management, individuals are more likely to directly receive a negative or positive outcome and are considered to be most effective in a workforce with low-performance motivation. A workplace that involves assembly lines or manual labor is ideal for this managerial style.  

You can learn more about theory X at

brainly.com/question/12440324

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3 0
1 year ago
Brownley Company has two service departments and two operating (production) departments. The Payroll Department services all thr
Fittoniya [83]

Answer:

d. $29,580.

Explanation:

Note: The data in the question are merged together and they are first sorted and separated as given in the attached file before the question is answered.

Cost individually incurred by Maintenance = $25,500

Share of Payroll Department cost = $20,400 * (15/75) = $4,080

Total Maintenance Cost = $25,500 + $4,080 = $29,580.

Therefore, he total cost of operating the Maintenance Department for the current period is d. $29,580.

Download pdf
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3 years ago
I have an interview on Thursday how do i answer the question “ Tell me about yourself” and “ Why do you want to work here”
omeli [17]
I see this job as a opportunity to contribute to an forward thinking industry. I feel that that my skills would be something great to share with the team .
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3 years ago
A sole proprietor has limited liability
kykrilka [37]

Answer:false

Explanation: idk I only know the answer

8 0
3 years ago
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