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zzz [600]
3 years ago
14

Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures wer

e $24; and its cash dividends were $7. How much was the company's free cash flow? A. $77 B. $(19) C. $3 D. $15
Business
1 answer:
yan [13]3 years ago
3 0

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.

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Drupady [299]

Answer:

Explanation:

Situation                                                            Type Logic

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a lawsuit…...thereafter Type 1 Facts were available on balance sheet date

A flood damages….after year end Type 2 Facts were not available on balance sheet date

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7 0
3 years ago
The largest proportion of federal revenues comes from
NemiM [27]
The largest proportion of federal revenues comes from C. Personal income taxes.
6 0
3 years ago
Frankâ Pianki, the manager of an organic yogurt processing plant desires a quality specification with a mean of 18.0 âounces, an
aleksley [76]

Answer: 0.050

Explanation:

Mean = 18

USL = 18.6

LSL = 17.4

SD = 1.25

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= Min { 0.05 0.05)

Cpk = 0.050

8 0
3 years ago
What is the opportunity cost of an investment
Temka [501]

<span>An opportunity cost of an investment is the difference between the return of an investment taken and the return of another investment that one had not taken. It is the forgone opportunity of an investment not taken or pursued. It is the amount of money one could have made had one chosen to pursue the other investment.  </span>

7 0
3 years ago
According to the basic principles of economics, how will the birthrate be affected by policies that reduce the taxes imposed on
labwork [276]

Answer:

This policy will lead to increase in birthrate.

Explanation:

Taxes imposed on individuals with children will be helpful in reducing birthrate, thus, curbing population growth. This is because taxes reduce the disposable income of the individuals. So people will prefer not to have children to earn a higher income.  

When this tax is reduced through some policy, the disposable income of the people would increase. So people now would be able to afford to have children. This will lead to an increase in birth rate and thus population growth.

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