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irga5000 [103]
3 years ago
7

Nu Furniture has sales of $241,000, depreciation of $32,200, interest expense of $35,700, costs of $103,400, and taxes of $14,63

7. What is the operating cash flow for the year?
A) $108,229
B) $121,367
C) $122,963
D) $117,766
E) $128,037
Business
1 answer:
Svetlanka [38]3 years ago
5 0

Answer:

$122,963

Explanation:

NU furniture have a sales of $241,000

The depreciation is $32,200

The interest expense is $35,700

The costs is $103,400

The tax is $14,637

Therefore, the operating cash flow for the year can be calculated as follows

= Sales-costs-taxes.

= $241,000-$103,400-$14,637

= $122,963

Hence the operating cash flow for the year is $122,963

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Marysya12 [62]

Answer:

-1.10%

Explanation:

Calculation for percentage return on a stock

Stock percentage return=$46.20 + 1.67 - 48.40)/$48.40

Stock percentage return= = -.0110*100

Stock percentage return=-1.10%

Therefore the percentage return on a stock is -1.10%

7 0
3 years ago
The death of a promisor in a personal services contract discharges an agreement. However, if a promisor dies, other types of con
IRINA_888 [86]

Answer:

The interpretation of the discussion is characterized throughout the interpretation section elsewhere here.

Explanation:

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5 0
3 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
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Answer:

nothing to be carried forward to next year $7,000 deductible this year;

Explanation:

Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.

8 0
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Depending on the style of the wedding gown dash– and the size of the bride dash– a wedding dress​ custom-designed and sewn in​ j
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Mountain Teas wants to raise $14.9 million to open a new production facility. The company estimates the issue costs for legal an
ololo11 [35]

Answer:

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Explanation:

The computation of the number of shares of stock must be sold is shown below:

Before that we have to compute

Required sales proceeds net of spread is

= (Raise amount + estimated cost for  legal and accounting fees) ÷ (1 - spread rate)

= ($14.9 million + $582,000) ÷ (1 - 0.0815)

= ($1,5482,000) ÷ (1 - 0.0815)

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3 years ago
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