Answer:
$ 10465
Explanation:
Cash Book can be used to get cash balance of a firm for at the end of an accounting period, with cash receipts debited 'to' & cash payments credited 'by' in Cash Book
Above Transactions Cash Book :
Debit (+) Credit (-)
To Capital 15100 By insurance 3700
To sales 7300 By rent 3100
By office equipment supplier 4700
By extra utilities 435
By balance carried down 10465
- Andrea's contribution in form of 'photography equipments' ; Company purchasing office equipment on 'credit' ; Company providing services to customers on a/c i.e 'credit' : dont effect the cash in hand of firm & hence are not entered in cash book.
- Creditor - Office equipment, supplier later paid partially effects the cash outflow & hence is recorded.
The balance left from adding all cash inflows, subtracting all cash outflows = $ 10465
Answer:
growth stock.
Explanation:
Growth stock is the title through which the company usually reinvests the profits that guarantee growth and this is manifested in the prices that are publicly traded.
Growth stocks are shares of companies that are growing and are usually from innovative or expanding sectors that, against the value actions, distribute very few dividends or none. By not distributing benefits does not decrease its equity value and, therefore, the behavior of the action if the company generates benefits is that its value must grow. Hence, its denomination. Naturally, these companies are less mature and stable and, in many cases, part of the value granted to them is in the perspectives that exist to generate benefits in the future but that have not yet been realized. Companies of new technologies, biotechnology or research and development of innovative projects are the most characteristic examples of this type of actions.
Answer:
Annual revenues for 18,377,219 dolllar will make the project worthwhile
Explanation:
We have to solve for the revenue which yields a return for 22% on the project cashflow investment at time zero:
PV 15,000,000.00
time 19
rate 0.22
C $ 3,377,218.685
Now, this 3,377,218.68 will represent the postivie cash flow per year.
As there are 15,000,000 epxenses per year we add it to the calculation to get the revenues per year:
15,000,000 + 3,377,218 = 18,377,219
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Answer: 1.29
Explanation:
The following can be deduced from the question:
EBIT = $375000
Interest expense = $75000
EBT = EBIT - Interest Expense
= $375000 - $75000
= $300000
Before tax preference dividend
= Preferred dividend / (1 - Tax rate)
= 6000 / (1 - 40%)
= 6000 / 60%
= 6000 / 0.6
= $10000
The firm's degree of financial leverage will then be:
= EBIT / (EBIT - Interest expense - Before tax preference dividend)
= 375000 / (375000 - 75000 - 10000)
= 375000 / 290000
= 1.29
Therefore, the firm's degree of financial leverage is 1.29.