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Morgarella [4.7K]
3 years ago
14

Shauna Lewis Company expects the following for 2018​: times Net cash provided by operating activities of $ 140 comma 000. times

Net cash provided by financing activities of $ 63 comma 000. times Net cash used for investing activities of $ 81 comma 000 ​(no sales of​ long-term assets). times Cash dividends paid to stockholders of $ 14 comma 000. How much free cash flow does Lewis expect for 2018​?
Business
1 answer:
mihalych1998 [28]3 years ago
3 0

Answer:

Explanation:

Net cash provided by operating activities 140,000

Less: Capital expenditures -81,000

Less: Cash dividends paid -10,000

Free cash flow 49,000

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Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house
aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars                                                     Amount            Amount

Opening Inventory Of Materials                  $4,000

Add: The Purchase of Direct Materials       $<u>25,600</u>

Direct Material available                               $29,600

Subtract: Closing Inventory of materials    <u>   ($2600)</u>

The Direct Material Used for the year                                $27,000

Add:

Direct Labour Cost                                          $472,500

Variable Overhead Cost                                    $15,000

Fixed Overhead cost                                          $18,000

                                                                                               $505,500

The Cost of Services of HHH Inc                                          $532,500

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4 0
3 years ago
You found your dream vacation cottage in the mountains and your offer of $78,000 was accepted. You plan to put 20% down and will
zepelin [54]

Answer:

financing 62,400 dollars

Monthly Payment   $ 465.48

Total Interest  21,386.4  

Rounding to nearest $ 100

Additional $$  34.52

We save up to 16 payments and $2,136.4 in interest.

By-weekly payment  $232.60

Total Interest saved $ 194.4

Explanation:

78,000 less 20% down-payment: 62,400

Monthly  Payment

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $62,400.00

time 180

rate 0.0034375

62400 \div \frac{1-(1+0.0034375)^{-180} }{0.0034375} = C\\

C  $ 465.484

Total Interest

quota times time less principal

$ 465.48 x 180 - 62,400 = 21,386.4

$  500  -  $  465.48  =   $  34.52

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  $500.00

time n

rate 0.0034375

PV $62,400.0000

500 \times \frac{1-(1+0.0034375)^{-n} }{0.0034375} = 62400\\

(1+0.0034375)^{-n}= 1-\frac{62400\times0.0034375}{500}

(1+0.0034375)^{-n}= 0.571

We now use logaritmics properties to solve for n

-n= \frac{log0.571}{log(1+0.0034375)

-163.2956066

180 - 164 = 16 payments

Total Interst 500 x 163.30 - 62,400 = 19,250

Interest savings 21,386.4 - 19,250 = 2,136.4

If payment are bi-weekly:

then payments will be:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $62,400.00

time 360

rate 0.00171875

62400 \div \frac{1-(1+0.00171875)^{-360} }{0.00171875} = C\\

C  $ 232.598

And total Interest:

232.2 x 360 - 62,400 = 21,192

Difference 21,386.4 - 21,192 = $ 194.4

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