Answer:
$28,000,000
Explanation:
EBIT = EBITDA - depreciation - amortization
= $500 - $ 80 - $ 40
= $380 million
Net Income = EBIT - Tax @40%
= $380 - $152
= $228 million
Cash Flow from operating Activities:
= Net Income - Increase in NWC (after reducing cash increase) + Back Depreciation + Back Amortization
= $228 - $50 + $ 80 + $ 40
= $298,000,000
Free cash Flow after Investing Activities:
= Cash Flow from operating Activities - Capital expenditure - Investment in another firm
= $298,000,000 - $120,000,000 - $150,000,000
= $28,000,000
Answer:
True
Explanation:
In case of the public companies who are in control of the Securities and Exchange Commission have a requirement to hire an independent auditor we can say Chartered Accountant (CAs) who give their views upon the financial statements that are published whether they are in compliance of Generally Accepted Accounting Principles (GAAP).
Based on this, the independent auditor give the qualified or unqualified opinion
Therefore, the given statement is true
<span>Linkedin receives more than 50% of its
visitors from countries like Costa rica, Malaysia, Singapore, and the United
Kingdom. Linkedin is a social network service where people will be connected and
can share their information about their professional and business profiles.
Through Linkedin, companies can show case their company profile and job
opportunities to the people who are signed up in this application. Members of
Linkedin consist of 500 million people. </span>
Answer:
$ 8500 paid by the university
Explanation:
The dormitory fees are recorded as part of his gross income because it is a payments given to his services rendered which was counseling freshman on campus living. The dormitory fees gotten can be taxed for this reason unlike the scholarships received for tuition, fees, books can be excluded from gross income as they are required for the student courses.
Answer:
B)Perpetual inventory systems require more detailed inventory records.
Explanation:
Under the <em><u>Perpetual inventory system</u></em>, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.
Many times it varies because different units in inventory were purchased at different prices and times. <em>Inflation </em>might be a factor the prices changes too.
However, in the <u><em>Periodic inventory system</em></u>, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the <em>Inventory</em> account at the end of the year to know COGS.
