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kipiarov [429]
3 years ago
8

Williamsburg Markets has an operating cash flow of $4,267 and depreciation of $1,611. Current assets decreased by $1,356 while c

urrent liabilities decreased by $2,662, and net fixed assets decreased by $382 during the year. What is free cash flow for the year?
Business
1 answer:
kap26 [50]3 years ago
6 0

To calculate free cash flow, locate the income statement and balance sheet. Start with net income and add back charges for depreciation and amortization. Make an additional adjustment for changes in working capital, which is done by subtracting current liabilities from current assets. Then subtract capital expenditure (or spending on plants and equipment)

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The answer is B revenue is less than expenses

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3 years ago
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On January 1, 2015, Lake Co. purchased a machine for $1,056,000 and calculated depreciation using the straight-line method, with
melamori03 [73]

Answer:

$584,000

Explanation:

The computation of the accumulated depreciation is shown below:

But before that following calculations need to be determined

Depreciation for 3 years = $1,056,000 ÷ 8 years × 3 years

= $396,000

Now the written down value is

= $1,056,000 - $396,000 - $96,000

= $564,000

For one year it would be

= $564,000 ÷ 3

= $188,000

Now the accumulated depreciation is

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3 years ago
A buyer submitted an offer with a deposit on a property on June 1. The offer included the condition that it must be accepted wit
Viktor [21]

Answer:

a. the deposit should be returned to the buyer

Explanation:

Based on the information that has been provided it can be said that the court would most likely rule that the deposit should be returned to the buyer . This is because is the contract includes a deadline and it passes, the offer is automatically terminated. Therefore, since this is the case in this situation the sellers' acceptance after the deadline would not be considered valid, and the buyer's deposit needs to be returned.

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3 years ago
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Answer:

Increase the depth of.

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One of the benefit of this been set i.e product line; is to let potential customers know the particular product that will tend to fit their capability in many cases as the case may be in product selection.

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3 years ago
Which type of financial institution typically has membership requirements?
LUCKY_DIMON [66]
The credit union requires membership.
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2 years ago
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