The free cash flow can be calculated as below:
Revenue 12000000
Less: Expense (8000000)
Less: Depreciation (1500000)
Earnings Before Tax 2500000
Less Tax (750000)
Earnings after tax 1750000
Add Depreciation 1500000
Total Cash Earnings 3250000
Less: Change in Working Capital (500000)
Less : Purchase of Asset (700000)
Free Cash Flow 2050000
Thus Free Cash Flow can be calculated as above.
Federal unemployment tax (FUTA) , state unemployment tax(SUTA), and charitable contributions are not required payroll deductions from an employee's gross earnings.
Gross pay is the total quantum of plutocrat a hand receives before levies and deductions are taken out. For illustration, when an employer pays you an periodic payment of$,000 per time, this means you have earned$,000 in gross pay.
Gross payment is calculated by adding an hand's introductory payment and allowances previous to making deductions, including levies. Then, a introductory payment is the base income of an hand or the fixed part of one's compensation package. Provident Fund isn't taken into account while inferring the gross salary.Gross income is everything that an existent earns during one time, both as a worker and as an investor. Earned income includes only stipend, commissions, lagniappes, and business income, minus charges, if the person is tone-employed.
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Answer:
$7,500
Explanation:
Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, Year 1 for $100,000.
During Year 1, Polk earned $40,000 and paid dividends of $25,000.
Therefore Lee's dividend income = 0.3 x 25,000 = $7,500
Before income taxes, the amount that Lee should include in its Year 1 Income Statement as a result of the investment will be the dividend earned in year 1 which is $7,500
Answer: $101,250
Explanation:
Given that,
Expects to purchase material in July = $90,000
Expects to purchase material in August = $105,000
August's cash disbursements for materials purchases:
= 75% of August purchases + 1/4 of July purchases
= 0.75 × $105,000 + 0.25 × $90,000
= $78,750 + $22,500
= $101,250
Inflation is the rate at which the general level of prices for goods and services is rising and consequently the purchasing power of currency is falling. The rise or the fall of price determines the inflation rate in a given economy and therefore also determines the purchasing power by consumers. When prices goes up then there is a decrease in purchasing power of money while when the prices down there is a corresponding increase in purchasing power of money. For this reason central banks strives to limit inflation, and avoid deflation, in order to keep the economy smoothly running.
