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Leviafan [203]
3 years ago
10

During 2018, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciat

ion expenses were $540,000, $85,000, and $190,000, respectively. In addition, the company had an interest expense of $65,000 and a tax rate of 21 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.) Suppose the company paid out $68,000 in cash dividends. If net capital spending and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt
Business
1 answer:
lilavasa [31]3 years ago
8 0

Answer:

New Long term debt = $8000

Explanation:

The computation of the net new long term debt is given below:

Sales $750000

Less: Expenses:  

COGS -$540,000

Selling expenses -$85,000

Depreciation -$190,000

Interest- $65,000

Total Expenses -$880,000

Net Loss -$130,000

Add: Non- cash expense ie. Depreciation +$190,000

Net Cash flow $60,000

Less: Cash Dividend declared -$68,000

New Long term debt = $8000

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nekit [7.7K]

Answer:

Hello There!!

Explanation:

I think the answer is The Foreign Corrupt Practices Act.

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5 0
3 years ago
Read 2 more answers
for each of the following, indicate whether you would quote from the original e-mail in your response. (select all that apply) t
Makovka662 [10]

The options where it is most appropriate to quote from the original email are;

Option A - To make changes to a distributed meeting agenda;

Option B - To suggest changes to the new proposed office budget

Option C - To confirm participation on a new project.

<h3>Why is it important to quote from an original email?</h3>

Quoting or citing or replying to an original email helps to ensure the following:

  • That the text being sent as a reply is considered within the context of the original one
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<h3>What is a quote?</h3>

To quote means to reference anything as proof. Quote may also be used as a verb and a noun. To quote something or someone means to repeat exactly what they said or to recite exactly what is written in a book.

Learn more about electronic communication:
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Full Question:

For each of the following, indicate whether you would quote from the original e-mail in your response. (Select all that apply)

A) To make changes to a distributed meeting agenda

B) To suggest changes to the new proposed office budget

C) To confirm your participation on a new project

D) To start a new discussion about getting extra resources for a project

7 0
2 years ago
Marcos owns 1,500 shares of ABC stock which he purchased at $44 a share. The stock has been steadily decreasing in value and he
ch4aika [34]

Answer:

Market sell order for 1,500 shares

Explanation:

The type of order that Marcos should place is Market sell order for 1,500 shares because he already owns 1,500 shares of the ABC stock in which the ABC stock shares was purchased at $44 per share.

Since the stock has been decreasing in value in which he wants to cut his losses now because the stock price may continue to decrease, the best thing for him to do is to use the Market sell order for the 1,500 shares in order to cut the losses that may arise and to avoid losing all the Total amount of the shares bought which is $66,000 ( 1,500 shares ×$44).

3 0
3 years ago
im is ceo for a company that produces filing cabinets and office furniture. he uses when determining that in order to increase p
BARSIC [14]

Jim serves as the CEO of a business that makes office furniture and filing cabinets. He utilizes <u>planning </u>to determine that the business will need to hire 10 additional staff in order to raise production by 20% the following year.

How to Create An Effective Employee Selection Process?

Companies use a set of stages called the employee selection process to find and hire the best employees. Effective selection can lead to the hiring of the kind of workers who will increase company morale, contribute to your corporate culture, and keep turnover low. The key is matching the correct abilities to the open roles.

It's crucial to understand that hiring differs from personnel selection. Each represents a distinct phase. Selection comes once you have a suitable pool of applicants, after recruitment has been completed. Consider selection as the stage of hiring where the pool of candidates is drastically reduced and the most promising hires are identified.

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4 0
1 year ago
Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with four years to maturity has a coupon rate of 4%. Th
Veronika [31]

Answer:

$8,744,669.10

Explanation:

<em>Using the MS Excel Present value function</em>

Value of the note = PV(Rate, Nper, PMT, -FV, Type)

Value of the note = PV(7.7%/2, 4*2, -1000000*4%/2, -1000000)

Value of the note = 8744669.0978

Value of the note = $8,744,669.10

So, the value of the Treasury note is $8,744,669.10

7 0
3 years ago
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