Answer:
he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1
Explanation:
Answer:
See below.
Explanation:
We can compute this by making an income statement extract,
Sales 705,000
Less:
Cost of goods sold (445,000)
Gross profit 260,000
Less: expenses
Admin and selling (95,000)
Depreciation (140,000)
Profit Before interest and tax 25,000
Interest expense 70,000
Profit/Loss after interest (45,000)
Since the Umbrella Corp is running losses, there is no taxable income.
Operating cash flow can be calculated by adjusting net income or losses for the depreciation expense and increases and decreases in the current assets. Since we do not have information about the current assets,
we estimate operating cash floes as,
Operating cash flows = -45,000 + 140,000 = $95,000
where 140 k is the depreciation adjustment.
Hope that helps.
Answer:
Current ratio = <u>Current assets</u>
Current liabilities
2.6 = <u>$11,400</u>
Current liabilities
Current liabilities = <u>$11,400</u>
2.6
Current liabilities = $4,385
Quick ratio = <u>Current assets - Inventory</u>
Current liabilities
Quick ratio = <u>$11,400 - $4,000</u>
$4,385
Quick ratio = 1.69
Explanation:
Current ratio is the ratio of current assets to current liabilities. The current ratio and current assets have been provided in the question with the exception of current liabilities. Thus, we will make current liabilities the subject of the formula.
Quick ratio is calculated as current assets minus inventory divided by current liabilities. Since the current liabilities have been calculated. Then, we will divide the difference between current assets and inventory by current liabilities so as to determine the quick ratio.
Answer:
Explanation:
The main problem with the uneven distribution of information is that the people with more information can make decisions and judgements prior to the group meeting and can lead the group discussion to decisions they have already made,
Answer:
The specialty or expertise of the financial institution
Their Management and Board composition
Their capital adequacy
Their performance
Explanation:
1) Specialty/Expertise:
Different financial institutions have their different area of strength/competence. Some are good in retail, some are good investment banking, some are good in deal making and consolidation etc. Depending on the purpose for which they are to be deployed, the area of their competence would matter most. E.g contracting a bank that is predominantly strong in retail banking to execute an M&A deal would not be ideal.
2) Management & Board composition:
The strength of a financial institution is as good as the quality of the people managing it. The expertise and know how of the management in key areas of business development, strategy, operations etc. will be vital for the growth of the financial institution
3) Capital adequacy
The adequacy of the capital structure of a financial institution is critical as it determines how much business and risk it can take on. By capital adequacy, we simply mean the ratio of its equity to debt. The less leverage its balance sheet is, the more business it can take on. This is critical if the volume of transaction one is about to transact with the financial institution is large.
4) Performance
The performance of a financial institution will show how efficient it is at generating returns and creating value to its shareholders and well as stakeholders. Every investor has an expectation of returns, a financial institution should be able to meet or exceed the market average for such performance yardstick as margin, ROI (return on investment), Return on Asset (ROA) etc
