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vazorg [7]
3 years ago
5

Sprouts Corporation reported net cash provided by operating activities of $412,000, net cash used by investing activities of $25

0,000, and net cash provided by financing activities of $70,000. In addition, cash spent for capital assets during the period was $200,000. No dividends were paid. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Business
1 answer:
topjm [15]3 years ago
7 0

Answer:

$32,000.00

Explanation:

Free cash flow is net cash inflow after all of the items.

Here, Inflow from operating activities - Used in investing activities + Inflow from financing activities - Cash outflow on capital assets = Free cash flow

= $412,000.00 - $250,000.00 + $70,000.00 - $200,000.00 = $32,000.00

Note: Generally amount used in purchasing capital assets is part of investing activity, here it is not part of such activity as it is given in addition.

Therefore, free cash flow = $32,000.00

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For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units
Anna71 [15]

Answer:

The product cost for 24,500 units is $497,350.

Explanation:

The reason is that the the product cost always includes all the variable production cost and specific fixed production cost. In this scenario, direct material cost, direct labor cost, variable manufacturing overhead cost are variable production cost whereas the fixed manufacturing cost is specific fixed production cost which will form part of product cost. The remainder of the cost left is period cost.

Direct materials (24,500 * $7.7 per unit)                               $188,650

Direct labor (24,500 * $4.7 per unit)                                       $115,150

Variable manufacturing overhead (24,500 * $2.2 per unit)  $53,900

Fixed manufacturing overhead (24,500 * $5.7 per unit)      <u>$139,650 </u>

Total product costs                                                                 $497,350

7 0
3 years ago
. Find the accumulated present value of a continuous income stream that earns 4.2% interest annually, when $4000 is deposited pe
Mars2501 [29]

Answer:

The accumulated present value is $67,518.99.

Explanation:

Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.

The Present Value of this annuity can be calculated as :

Fv = $0

n = 30

r = 4.2 %

Pmt = - $4,000

P/ yr = 1

Pv = ?

Using a financial calculator, the  Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.

4 0
3 years ago
Wisconsin Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $ 10 comma 000. The n
tester [92]

Answer:

A. positive cash flow of $ 20 comma 900 from investing activities

Explanation:

book value - sales price = loss on sale

30,900 - sales price = 10,000

30,900 - 10,000 = sales price

sales price = 20,900

Assumming the purchase was on cash, it will be disclosure as cash generated from investing activities for 20,900

The reason is that cashflow do not focus on the gain or loss from the sale. It focus on the cash movements and this sale involve a cashinflow of 20,900

3 0
3 years ago
The market supply curve Question 16 options: is found by vertically adding the individual supply curves. represents the sum of t
Juli2301 [7.4K]

The market supply curve represents the sum of the quantities supplied by all the sellers at each price of the good.

<h3>What is the market supply curve?</h3>

The market supply curve is the sum of the individual supply curves of firms. The individual supply curves are added horizontally. The supply curve sloped upward. This shows that there is a positive relationship between price and quantity supplied.

To learn more about supply curves, please check: brainly.com/question/26073189

#SPJ1

8 0
2 years ago
Which of the following statements is true?
Nana76 [90]

Answer:

the answer should be

a. Overhead can be applied slowly as a job is worked on.

3 0
3 years ago
Read 2 more answers
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