Answer: $6,000
Explanation:
Interest is deductible from Income tax but when interest to be paid is more than 12 months, the interest would need to be evenly spread over the period that they apply to. The total interest is $12,000 but the repayment period is 2 years. This means that the interest would need to be spread out over the 24 months involved at a rate of;
= 12,000/24
= $500
In Year 2 therefore, the relevant amount that can be deducted will be for 12 months;
= 500 * 12
= $6,000
Stakeholders in a business process may include the project manager, employees, donors, investors, shareholders, customers, competitors, suppliers, vendors, local and national communities, internal and external organizations, government and its regulatory agencies and labor unions.
In business, a stakeholder is a member of "the group without whose assistance the organization would cease to exist," as defined in the term first used in a 1963 Stanford Research Institute internal memorandum. This theory was developed and endorsed by R. Edward Freeman in the 1980s.
A stakeholder is a party involved in a business that affects or is affected by the business. The main stakeholders of a typical company are investors, employees, customers and suppliers.
Stakeholders are individuals, groups or organizations directly involved in or indirectly affected by a project, product, service or business. As such, stakeholders also influence why and how companies do business.
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Pretty sure it's false because there is some competition between electric and gas companies.
Answer: Option (C) is correct.
Explanation:
Given that,
Net cash provided by operating activities = $34
Income taxes = $12
Capital expenditures = $24
Cash dividends = $7
Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure
= $34 - $7 - $24
= $3
Therefore, the company's free cash flow was $3.