Answer:
The dividends paid exceeded the net new equity raised.
Explanation:
Answer:
Net income= $11,412.2
Explanation:
Giving the following information:
sales of $46,382
interest expense of $3,854
cost of goods sold of $16,659
selling and administrative expense of $11,766
depreciation of $6,415
t=0.35
We need to use the following formula:
Net income= (sales - COGS - selling and administrative expense - interest expense - depreciation) - tax + depreciation
First, we deduct Depreciation to decrease the tax base, but because it is not an actual payment, we have to sum it after tax.
Sales= 46,382
COGS= (16,659)
Gross profit= 29,723
Selling and administrative expense= (11,766)
Interest=(3,854)
Depreciation= (6,415)
EBT= 7,688
Tax= (7,688*0.35)= (2,690.8)
Depreciation= 6,415
Net income= $11,412.2
Answer:
This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.
Answer:
B
Explanation:
Explicit cost is the actual cost incurred in running a business. They include wages, cost of raw materials
Implicit cost is also known as opportunity cost.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
The normal rate of return is when cost is equal to revenue. So, profit is zero.
Economic profit = Revenue -explicit cost - implicit cost
0 = (200 x $2) - $350 - implicit cost
implicit cost = $50
Answer:
$923.98 and $1,466.58
Explanation:
The computation of the present value is shown below:
Year Cash flows Discount rate 8% PV of cash inflows
1 $100 0.9259259259 $92.59
2 $100 0.8573388203 $85.73
3 $100 0.793832241 $79.38
4 $200 0.7350298528 $147.01
5 $300 0.680583197 $204.17
6 $500 0.6301696269 $315.08
Present value $923.98
Now the
Future value = Present value × (1 + rate)^number of years
where,
Present value = $923.98
Rate = 8%
Number of years = 6 years
So, the future value
= $923.98 × (1 + 8%)^6
= $1,466.58
