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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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Peter, the owner of Happy Burger, is involved in the company's daily decisions and has established procedures for every task. Th
ohaa [14]

Answer:

mechanistic

Explanation:

Mechanistic organization is the organization that is hierarchical and bureaucratic

It is characterized by its;

  1.  Highly centralized authority.
  2. Formalized procedures and practices.
  3. Specialized functions.

Mechanistic organizations work well in stable, simple environments. Managers integrate the activities of clearly defined departments through formal channels and in formal meetings. Often, they feature many hierarchical layers and a focus on reporting relationships.

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3 years ago
HealthStore Inc. provides a broad and diverse range of services for the healthcare industry. It also manufactures a variety of h
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Answer:

Global product division Structure

Explanation:

A global product division structure is a form of structure that encompass the functions important to each goods or services a product/service division produce. It is the situation whereby domestic divisions are allowed to take global responsibility for product groups. The product lines from around the world are managed from home country based product division. They are part of a global organizational structure when the basic division of the firm's activities is based on product/service categories.

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3 years ago
Read 2 more answers
Chadwick Enterprises, Inc., operates several restaurants throughout the Midwest. Three of its restaurants located in the center
zalisa [80]

Answer:

1. $2.5 million

2. $0

Explanation:

1. Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored  

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value  - fair value

= $6.5 million  - $4.0 million

= $2.5 million

2. In this case, the sum of future cash flows is exceeded than the book value. So, no impairment loss would be recognized i.e zero amount

6 0
3 years ago
At the beginning of the year, Monroe Company estimates annual overhead costs to be $800,000 and that 200,000 machine hours will
lora16 [44]

Answer:

$600,000

Explanation:

For computing the overhead applied first we have to find out the predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $800,000 ÷ 200,000 hours

= $4

Now the overhead applied is

= Actual direct labor-hours × predetermined overhead rate

= 150,000 hours × $4

= $600,000

3 0
3 years ago
What is the effect of KFC in the economy of the world?​
Ludmilka [50]

Answer:

There are many effects. They equate for a large portion in the fast food industry

Explanation:

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