<h2>Q.1. The ability to generate cash flow that is available to distribute to the company's investors, including creditors and stockholders</h2><h2>Q. 2: A financial asset is considered to have value only if it is acquired at its market value.</h2>
Explanation:
When we see the objective given in the question, the company is really interested to make positive cash flows and make the shareholders to get back good results. By looking at the goal, Option A stands right.
An asset value is determined only by the market. For example, if you have an flat for sale, the rate of flat is determined only by the market. So considering this example Option 1 matches for the second question.
Answer:
The interest expense may she deduct this year is $18200.
Explanation:
interest expense deducted this year = interest on home load + marginal interest for the purchase of stock
= $15,100 + $3,100
= $18200
Therefotr, the interest expense may she deduct this year is $18200.
they seek to protect people and their property
Answer:
8.5
Explanation:
Account receivable turnover is calculated by dividing the net credit sales by the average of account receivable .
Net sales $569,000
Account receivable $91,000
Account receivable - $43000
Average account receivables = (91000+43000)/2= $67,000
Account receivable turnover = 569000/67000 =8.5
Answer:
The cost of depletion in the current year is $90,000
Explanation:
Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted
cost of rights is $300,000
turquoise extracted in the current year is 1,500 pounds
total estimated turquoise to be extracted over a five-year period is 5000 pounds
cost of depletion in the current year=$300,000*1500/5000
=$ 90,000.00
By extension profit for the year assuming no other costs were incurred is :
$200,000-$90,000=$110,000
