Answer:
$30
Explanation:
The cash flows from financing activities will include:
+ issuance of preferred stock
+ issuance of bonds
- paid off long-term bank borrowings
- repurchase of common stock
- dividends paid
cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30
The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.
Answer:
Wayman Corporation
Multiple-step income statement
Sales $425,000
Less: Cost of goods sold <u>$135,000</u>
Gross Profit $290,000
Operating Expenses
Salary Expenses $45,000
Utility Expenses $55,000
Advertising Expenses <u>$35,000</u>
Total Operating Expenses <u>($135,000)</u>
Net Operating Income $155,000
Other Income and Expenses
Interest expense <u>$25,000</u>
Net Income before Tax $130,000
Income tax expense <u>$55,000
</u>
Net Income <u>$75,000</u>
I am figuring this question out for you! one moment please
Explanation:
In an informational interview, the two actions which wil help you expand your professional network are: <span>B) Know what experience and skills you have that would make you a good fit for the position.
</span><span>E) Ask for names of other people that you could contact for informational interviews.
</span><span>Both these options reflect you as a person willing to develop in a chosen sphere so that you can stand as a suitable worker. A will to develop and finding new contacts is the best way for an employee to succeed.
</span>
Answer:
The inventory turnover for the period is 5
Explanation:
Inventory turnover is the ratio which stated that how many times the company replaces as well as sells the stock of goods during a specific year or period.
The formula for computing the inventory turnover is as:
Inventory turnover = Cost of goods sold / Average inventory
where
Cost of goods sold (COGS) = $9,070,000
Average inventory = $1,814,000
Putting the values above:
Inventory turnover = $9,070,000 / $1,814,000
Inventory turnover = 5
