Cash flow from investing activities are as follows:
Sale of Equipment $51300
Purchase of Truck ($89000)
Sale of Land $198000
Sale of Long Term Investments $60800
Net Cash Flow from Investing Activities $221100
Calculation of Receipts from sale of equipment are as below:
Book Value of Equipment 65300
Less Loss on Sale 14000
Proceeds from sale 51300
We shall ignore original coat of the asset to calculate the above. Also only cash flows shall be considered to find the cash flow from investing activities.
Answer:
The firm's net income was $41,017.4375
Explanation:
The company has $16,500 of outstanding bonds that carry a 7.25% interest rate.
The interest expense of the company = $16,500 x 7.25% = $1,196.25
Income before tax = Sales - cost of goods sold - depreciation expense - interest expense = $150,000 - $75,500 - $10,200 - $1,196.25 = $63,103.75
Emery Mining Inc.'s income tax rate was 35%.
Tax = Income before tax x 35% = $63,103.75 x 35% = $22,086.3125
Net income = Income before tax - Tax = $63,103.75 - $22,086.3125 = $41,017.4375
Answer:
The answer is: B) $21 billion and $4 billion, respectively
Explanation:
The formula for calculating gross domestic product (GDP) is:
GDP = C + I + G + (X - M) = $30 billions
where:
- C = private consumption
- I = investment = $5 billions (private savings) - $1 billion (government deficit = $7 billions in taxes - $5 billions spent - $3 billions transferred) = $4 billions
- G = Government expenses = $5 billions
- X = exports = 0
- M = imports = 0
GDP = C + I + G + (X - M)
$30 billions = C + $4 billions + $5 billions + $0
C = $30 billions - $4 billions - $5 billions = $21 billions
Answer:
The correct answer is: It integrates all activities and information flows that relate to a firm's critical processes.
Explanation:
Enterprise resource planning (ERP) systems are the management information systems that integrate and manage many of the businesses associated with the production operations and distribution aspects of a company in the production of goods or services.
ERP systems typically handle the production, logistics, distribution, inventory, shipments, invoices and accounting of the company in a modular way, however, enterprise resource planning or ERP software can intervene in the control of many business activities such as sales, deliveries, payments, production, inventory management, management quality and human resources management.
