Answer:
The firm's operating cash flow is $291000
Explanation:
Operating cash flow is arrived by using the format below:
Net income after tax
Add back dereciation and amortization
Add and (deduct) Reduction in working capital(Increase in working capital)
Add back interest expense on loans
Add back tax expense for the year
Then deduct:
Actual interest paid
Actual tax paid
Using the proforma above,Kerber's Tennis Shop Inc. is shown as:
Net income after tax+Interest expense(add)+reduction in net working capital(add)-increase in creditors' payment(minus)
As a result,operating cash flow=$220000+$91000-$20000
=$291000
Based on the scenario, the individual can still order Nancy Penley to work on Saturday despite of her reason that it is her regular religious holiday because the individual can order her to work if there is no reasonable accommodation that could be made and by that, the individual can make or order her to work the following day.
Explanation:
<u>The answer is C because when an interest of a product goes up, the price has to go up to make more money. Companies want a lot of interest to a certain product to increase the attention of buying the product, when more and more people buy the product, they should increase the price to make More Money.</u>
Answer:
$7.50
Explanation:
Earnings per share = Earning attributable to holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding
therefore,
Earnings per share = ($160,000 - $10,000) ÷ 20,000
= $7.50
thus,
The company's earnings per share on common stock is: $7.50
