Answer:
$29,000
Explanation:
Calculation would be as follows:
Particular Amount ($)
Beginning Cash 10,000
Add: Cash Receipt 85,000
Less: Cash Disbursement (66,000)
Cash Available 29,000
Hence, the cash available over disbursement for the month would be $29,000.
Answer:
$176 million
Explanation:
The calculation of net cash inflows from financing activities is shown below:-
Net cash inflows from financing activities
Proceeds from issuance of preferred stock $254 million
Proceeds from issuance of subordinated bonds $292 million
Less: Cash dividends paid on preferred stock (86) million
Less: Cash paid to retire note ($112) million
Less: Common shares acquired for treasury (172) million
Net cash inflows from financing activities $176 million
The positive sign represents the cash inflow and the negative sign represents the cash outflow
<span>The function of media advertising is to support the economy, provide information about products, and underwrite media costs associated with: Promotion of consumption
By using media advertising, a company will be able to obtain larger reach to inform potential customers about the existence of their product, which will persuade the potential buyers to spend their saving to consume their products.</span>
Answer:
a. $29,496
b. $21,996
Explanation:
a. The Computation of budgeted marketing expense for the fourth quarter is shown below:-
Sales units 2,640
(2400 × 110%)
Variable marketing expenses per unit sold $0.15
Total Variable marketing expenses $396
Fixed Marketing expenses $18,000
Salaries ($6,000 × 3)
Depreciation ($2,500 × 3) $7,500
Insurance ($1,200 × 3) $3,600
Total Fixed marketing expenses $29,100
Budgeted marketing expense
for the fourth quarter $29,496
b. Estimated cash payment for marketing expenses for the fourth quarter = Budgeted marketing expense for the fourth quarter - Depreciation
= $29,496 - $$7500
= $21,996
Answer:
Explanation:
Sales$439,000
Profit Margin = 6% x $439,000 = $26,340
Tax liability = 34% x $26,340 = $8,956.
Cash flow from operations:
Net income $26,340
Add depreciation $32,000
Deduct net working capital changes -$56,000
Deduct tax liability $8,956
Cash flow from operating activities -$6,616