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3 years ago

net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided

Business

1 answer:

kiruha [24]3 years ago

7 0

Answer:

Cash provided by operations is $250

Explanation:

If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?

Cash flows from operating activities

Net Income $180

Adjustments to reconcile net loss

to net cash flow from operating activities

Add: Depreciation $50

Add: Change in net current assets $20 $70

Cash provided by operations $250

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Answer:

The answer is letter B.

Explanation:

Determine depreciation expense for the full year and then prorate the expense between the two periods involved.

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3 years ago

Investors require a return of 13 percent on the stock for the first three years, a return of 11 percent for the next three years

lianna [129]

Complete Question:

BenchMark, Inc., just paid a dividend of $3.45 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a return of 13 percent on the stock for the first three years, a return of 11 percent for the next three years, and then a return of 9 percent thereafter. What is the current share price for the stock.

Answer:

BenchMark, Inc.

The current share price for the stock is:

$43.13

Explanation:

a) Data and Calculations:

Dividend per share = $3.45

Growth rate = 5%

Investors' required rate of return = 13%

Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)

= $3.45/(0.13 - 0.05)

= $43.13

b) We can calculate BenchMark's current share price, by dividing the dividend per share by the investors' required rate of return after subtracting the growth rate from the required rate of return.

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4 years ago

Luke's Express Diner is the only place that sells burgers in a remote town in Arizona. As one of the long-time residents of the

erma4kov [3.2K]

Answer:

The local government issues a limited number of restaurant licenses every year. (A)

Explanation:

Bertha claims that the burgers sold by Luke's Express Diner are priced a bit too high, because they enjoy monopoly power in the town; hence with the local government issuance of a limited number of restaurant licenses every year, this will break the monopoly that Luke's Express Dinner enjoy, thus weakening Bertha's arguments.

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3 years ago

Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man

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Answer:

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We distribute the expected cost over the expected base:

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cost driver: 40,000 labor hours

cost per hour: 100,000 / 40,000 = 2.5 predetermined overhead

Now we multiply this rate by the hours of the job to know Applied Overhead:

job labor hours x overhead rate:

Job #334 had 2,400 labor cost / $6 rate per hour = 400 hours

400 x 2.5 = 1,000

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3 years ago

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Answer:

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