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3 years ago

What is one way to begin saving start up capital?

Business

1 answer:

Stella [2.4K]3 years ago

8 0

Answer:

A - Set aside a portion of your income each month.

Hope This Helps

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Provo, Inc., had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million

Sauron [17]

Provo's free cash flow for 2008 is $2,600,000

Income Statement

Revenue $10,000,000

Operating expenses - $5,000,000

Depreciation - $1,000,000

EBIT $4,000,000

Interest expenses - $0

Taxes - $1,600,000 (40% * $4,000,000)

Net Income $2,400,000

Depreciation +$1,000,000

Operating cash flow $3,400,000

Free cash flow = Operating Cash flow - Purchase of equipment - Increase in Inventory

Free cash flow = $3,400,000 - $500,000 - $300,000

Free cash flow = $2,600,000

See related question on this here brainly.com/question/10705084

5 0

3 years ago

Sue, a resident of the state of New York, is visiting her aunt in Iowa. On her way, her car is hit by Jerry, a resident of the s

IRINA_888 [86]

Answer:

D) Sue can sue Jerry and bring the case to Iowa federal court as this is a case that involves diversity of citizenship.

Explanation:

Diversity of citizenship means that the parties involved in a lawsuit are citizens of different states (within the US) or are citizens of different countries. If a company is involved in a lawsuit, its citizenship is defined as where the company was incorporated or where does it carry its normal business operations.

In this case since Sue is a citizen of the state of New York and Jerry is a citizen of the state of Iowa (diversity of citizenship applies), Sue can choose to sue Jerry in a federal court since the citizens of two different states are involved.

3 0

3 years ago

On June 8, Alton Co. issued an $88,500, 7%, 120-day note payable to Seller Co. Assume that the fiscal year of Seller Co. ends Ju

Furkat [3]

Answer:

Amount of interest revenue recognized $=\frac{2065\times 98}{120}=$1686.41$

Explanation:

Principal amount P = $88500

Rate of interest r = 7 %

Total number of days = 120

So interest $=\frac{principal\ amount\times rate\times time}{100}=\frac{88500\times 7\times 120}{360\times 100}=$2065$

Number of days from 8 june to 30 june = 30-8 = 22 days

So left days = 120-22 = 98 days

So amount of interest revenue recognized $=\frac{2065\times 98}{120}=$1686.41$

3 0

3 years ago

Travel expenses incurred by the sales department of a manufacturing company would be classified as: a. indirect labor b. manufac

mario62 [17]

Answer:

c. a period cost

Explanation:

Option C, period cos is the correct answer because the period cost is not related to the production and manufacturing of the commodity. Rather it is the cost incurred outside the factory such as marketing expenses, travelling expenses, etc. Therefore, the option "period cost" is the correct answer.

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3 years ago

What is one of the main reasons why the need for effective communication on teams has been growing so much in the last few decad

siniylev [52]

Different insights and opinions in a collaborative setting can open up new better methods

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3 years ago