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earnstyle [38]
3 years ago
11

Dora Inc. reported the following on the company's cash flow statement: Sales $3,500,000 Net cash flow from operating activities

350,000 Net cash flow used for investing activities (100,000) Net cash flow used for financing activities (200,000) Free cash flow 290,000 What is the ratio of free cash flow to sales
Business
1 answer:
Varvara68 [4.7K]3 years ago
6 0

Answer:

8.3%

Explanation:

Dora Inc. reported a sales of $3,500,000

The net cash flow from operating activities is $350,000

The net cash flow used for investing activities is $100,000

The net cash flow used for financial activities is $200,000

The free cash flow is $290,000

Therefore, the free cash flow to sales ratio can be calculated as follows

Free cash flow to sales ratio= Free cash flow/Sales × 100%

= $290,000/$3,500,000 × 100

= 0.0828×100

= 8.3%

Hence the ratio of the free cash flow to sales is 8.3%

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Because your basically loaning the bank your money for them to use and they pay you a fee.
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3 years ago
Tara earns $8.50 an hour (after taxes) at the pizza place. She is scheduled to work four hours this afternoon. However, her frie
stiks02 [169]

Answer:

5 and 2

Explanation:

5 because Tara works $8.50 per hour which she is scheduled to work for 4hours that afternoon is

8.50*4=34 and because she does not do this, it costs her $34

2 because it is stated that kayla called her to go to the movie so meaning she too is going to the movie and she will spend $9.50 so she cannot spend that same money elsewhere and $9.50 becomes her opportunity cost

4 0
3 years ago
Island Breeze Company designs and makes desk, window, and ceiling fans. In a product liability suit based on negligence, Island
patriot [66]

Answer:

Option D is correct

Explanation:

The company is liable for proper communication of cautions, defective designs and production processes that she uses to manufacture the product but it is not liable for the the consumer unforeseeable misuse of a fan. Because it is not associated with the duty of care. I also have a duty of care to myself like you have to yourself. If I have struck myself with a hammer then it unjustifiable to sue the company. I am misusing that hammer. I don't have the license but still I am driving car, it means I am misusing the asset. This means some operations are restricted by law and some are implicitly restricted.

5 0
3 years ago
Assume Metro Company had a net income of​ $2,100 for the year ending December 2018. Its beginning and ending total assets were​
Sever21 [200]

Answer:

7.92%

Explanation:

The computation of the return on total assets is shown below:

Return on assets = (Net income) ÷ (average of total assets)

where,  

Net income is $2,100

Average total assets = (Beginning total assets + ending total assets) ÷ 2

= ($33,500 + $19,500) ÷ 2

= $26,500

Now put these values to the above formula  

So, the ratio would equal to

= $2,100 ÷ $26,500

= 7.92%

7 0
4 years ago
A national survey conducted in 2011 among a simple random sample of 1,507 adults shows that 56% of americans think the civil war
kifflom [539]

Answer:

Null : x = 0.56 ; Alternate : x < 0.56

t = (x - 0.56) / (s / √n) : If < tabulated t at α =0.05 , null hypothesis  accepted

If t > tabulated t at α =0.05 , alternate hypothesis is accepted

Explanation:

Hypothesis Testing is used to test the statistical validity of a statement. Null Hypothesis is the neutral hypothesis, signifying equality to the tested value. Alternate Hypothesis is the contradictory hypothesis, signifying deviation from the tested value.

To test 'Proportion of people giving importance to civil rights in american political life' : Let these proportion be = x

<u>Null</u> Hypothesis (H0) : x = 56% = 0.56

<u>Alternate </u>Hypothesis (H1) : x < 56 % , i.e x < 0.56

't' statistic is calculated based on sample : ( x' - u ) / (s / √n)

where : x' = sample mean , u = population hypothesised mean = 0.56 , s = sample standard deviation , n = sample size

If this calculated 't' < tabulated 't' at significance level α =0.05 ; null hypothesis is accepted. It implies average people thinking as mentioned = 56 % (majority)

If this calculated 't' > tabulated 't' at significance level α =0.05 ; alternate hypothesis is accepted. It implies average people thinking as mentioned < 56% (not majority)

4 0
3 years ago
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