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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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A company assigns overhead using a plantwide rate. If total estimated manufacturing overhead is $900,000 and the total estimated
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Answer:

Overhead  application rate

= <u>Budgeted overhead</u>

  Budgeted machine hours

= <u>$900,000</u>

  30,000 hours

= $30 per machine hour

Overhead cost assigned to the product

= Overhead application rate x Actual machine hours  

= $30 x 12,000 hours

= $360,000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

Explanation:

In this case, there is need to determine the overhead application rate, which is the ratio of budgeted overhead to budgeted machine hours.

Then, we will obtain the overhead cost assigned to the product by multiplying the overhead application rate by actual machine hours.

3 0
3 years ago
Which of the following statements about human populations in industrialized countries is incorrect? Which of the following state
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Answer: Birth rates and death rates are high.

Explanation:

In industrialized countries the life expectancy is reasonably high, so it's false to state that the death rate is high.

Also in industrialized countries birth is controlled as against developing countries that don't really put birth control measures.

6 0
3 years ago
Many of the subdivisions of the cpt in which cardiovascular codes are found contain specific notes and guidelines. additional pa
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It is very important to pay attention to these notes because, it is the notes that will indicate when the use of the combination code is appropriate and it will also point out the codes that are combined into one combination code.
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3 years ago
Discuss information needs of an organisation​
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Answer:

hope you like it

Explanation:

Information can be specified as a compulsory element to be used in decision making in organisations. Decisions taken in organisations can be divided into two categories – strategic and operational, and each type of decision is associated with relevant information needs.

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Here ,Dividend yield = 4%

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Dividend yield = Dividend per share / Current market price

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Consequently, the current market price per share is $75

<h3>What is meant by the current market? How can I find the most recent market price?</h3>

Current Market refers to the Principal Market, as of any date of determination, on which the Parent's shares of common stock are then listed, traded, and quoted.

Check the P/E ratio and earnings per share in the company's annual report for the accounting period to get an idea of the market price for that particular date. For instance, if the P/E ratio is 20 and the company reported EPS of 7.50, the expected market price comes out to 150 per share.

To learn more about market price visit:

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