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Monica [59]
2 years ago
15

Your firm has net income of $245 on total sales of $1,080. Costs are $610 and depreciation is $120. The tax rate is 30 percent.

The firm does not have interest expenses. What is the operating cash flow
Business
1 answer:
RSB [31]2 years ago
3 0

Answer:

the operating cash flow is $365

Explanation:

the computation of the operating cash flow is shown below:

operating cash flow is

= Net income + depreciation expense

=  $245 + $120

= $365

hence, the operating cash flow is $365

We simply added the net income and the depreciation expense to determine the operating cash flow  

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The SG&A Expense/Sales is the tertiary ratio that drives profitability.

<h3>What is SG&A Expense/Sales?</h3>

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

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4 0
2 years ago
1. Which advantage is not enjoyed by the owner of a sole proprietorship?
gayaneshka [121]

The correct answer to 1 is the ability to easily raise financial capital.

A sole proprietor is limited to the cash that they personally have, so this is a disadvantage when they need additional capital for the business.

The correct answer to 2 is that their personal property can be used to pay debts.

A partnership is personally responsible for the debts of the company. If the company owes money and cannot pay it, the partners that own the business are personally responsible.

The correct answer to 3 is the shareholders.

The shareholders are the owners of the corporation. They vote for a board of directors who in turn oversee the operation of the corporation.

8 0
3 years ago
Gordon Company reports the following information at the current fiscal year end of December 31: Common Stock, $0.10 par value pe
telo118 [61]

Answer:

$0.71

Explanation:

Calculation to determine What was the average selling price for the common stock issued

Using this formula

Common stock issued avarage selling price=

Paid-in Capital in Excess of Par-Common÷Common Stock par value per share

Let plug in the formula

Common stock issued avarage selling price=($600,000+$98,000)/($98,000÷$0.10)

Common stock issued avarage selling price=$698,000/$980,000

Common stock issued avarage selling price=$0.71

Therefore the average selling price for the common stock issued is $0.71

3 0
2 years ago
Nike once famously claimed that they are a marketing company not a manufacturer, and thus they cannot be held responsible for th
denis23 [38]

<u>Answer: </u>

There is a great deal of emphasis given towards moral work environments wherein it is normal that the representatives and the laborers are not misused and mishandled in their work assignments and the earth in which they endure. The representatives are approached to work inside the most extreme working hours in seven days, expanded instalment, great lodging and working conditions and so on. The organizations are relied upon to give family settlement and forestall treating laborers in plants like slaves.  

It is referenced that N Co. once referenced that it ought not be considered answerable for the activities of different organizations that are into creating merchandise for N and N is essentially offering those items to the clients. Over this, one might say that being a mindful and contributory firm on the planet advertise, it is the obligation of N Co. to guarantee that the providers who supply their products to N to which N advances in the market are utilizing best strategic policies and moral dynamic in delivering those merchandise. Thus, with regards to APP Co., it ought to be made exceptionally liable for the activity of FX Co. in CH Country in light of the fact that FX is the maker and provider of different items and electric segments that APP sells on the planet market, and clients perceive those items with APP's logo and brand which makes APP profoundly at risk and for the strategic approaches and activities of its provider FX. Essentially, FX Co. ought to be held totally subject for the activities of the gatekeepers at the association's CH Plant in light of the fact that the watchmen have a place with and work for FX Co. furthermore, their activities will be perceived and distinguished corresponding to FX Co. influencing its picture on the planet advertise and the clients of FX and APP. Along these lines the organizations that are related with one another in any structure being either providers, advertisers, or assume some other job in the circulation chain, the organizations ought to get mindful and center after creation each gathering to attempt strategic policies in a moral way.

8 0
3 years ago
Suppose that Kyle can get an internship at an investment bank that pays him a stipend of $3,000.00. The internship also provides
noname [10]

Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

<h3>What is internship?</h3>

A program where a person can get training or expertise of a specific area or field by working under a veteran or an expert in the field, whether paid or not, is known as internship.

In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

In the case of painting job he makes economic profit of $3,800 after getting a salary of $4,000 and spends on supplies for $200.

However, the rational profit of Kyle will be,

Painting Job Salary (4000) – Supplies (200) – Stipend from Internship (3000)= $800

Thus, it is beneficial for Kyle to take up internship and leave his painting job. The complete question has been attached as an image for better reference.

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