To sell products to customers located in a particular area, Sarah can use the option called location targeting. She can specifically target people located in certain places, towns, cities, and exclude some other places: for example, she can target all of California, but exclude the city of San Fransisco. She can also target people based on their demographics, occupation, education, interests...
Answer:
$11.59 million
Explanation:
The computation of earning before interest and tax is shown below:-
Free cash flow = Operating cash flow - Investment in operating cash flow
$8.17 million = Operating cash flow - $2.17 million
Operating cash flow = $10.34 million
For calculating the earning before interest
Operating cash flow = Earning before interest - Taxes + Depreciation
$10.34 million = Earning before interest - $2.17 million + $0.92 million
= $10.34 million = Earning before interest - $1.25 million
Earning before interest = $11.59 million
A) 100% False
Entrepreneurs are known to be at huge risk from many angles. Being an entrepreneur can open you to many more risks, such as banruptcy, mental stress, and more.
B) Net Profit
Business Profit and Store Profit do not exist in business! Gross Profit has to do with the wages and salaries within your business, not your income!
Answer: $246,000
Explanation:
Merchandise costing $20,000 had been omitted from the Ending Inventory.
Ending inventory is deducted from Cost of Goods sold which means that the Cost of Goods sold was overstated by $20,000.
Cost of Goods sold are subtracted from sales to find Gross Income so if it was overstated then Income was understated by $20,000.
Accrued Revenue is to be added to Income so if it was omitted then income was understated by $50,000.
Income in total was therefore understated by = 20,000 + 50,000
= $70,000
The correcting entry is net of tax so;
= 70,000 * ( 1 - 20%)
= $56,000
Retained earnings will therefore be;
= 190,000 + 56,000
= $246,000
