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aivan3 [116]
3 years ago
15

Brief Exercise 17-09 Hinck Corporation reported net cash provided by operating activities of $361,200, net cash used by investin

g activities of $148,900 (including cash spent for capital assets of $203,600), and net cash provided by financing activities of $79,700. Dividends of $128,000 were paid. Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $
Business
1 answer:
irina1246 [14]3 years ago
5 0

Answer:

Hiiiii

Explanation:

Hi

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Serotta Corporation is planning to issue bonds with a face value of $450,000 and a coupon rate of 16 percent. The bonds mature i
Brrunno [24]

Answer:

1. Dr Cash 481,588.61

    Cr Bonds payable 450,000

    Cr Premium on bonds payable 31,588.61

2. March 31

Dr Interest expense 14,447.66

Dr Premium on bonds payable 3,552.34

    Cr Cash 18,000

June 30

Dr Interest expense 14,341.09

Dr Premium on bonds payable 3,658.91

    Cr Cash 18,000

September 30

Dr Interest expense 14,231.32

Dr Premium on bonds payable 3,768.68

    Cr Cash 18,000

December 31

Dr Interest expense 14,118.26

Dr Premium on bonds payable 3,881.74

    Cr Cash 18,000

3. carrying value = $466,726.94

Explanation:

face value = $450,000

maturity = 2 years x 4 = 8 periods

coupon rate = 16% / 4 = 4%

coupon = $18,000

YTM = 12% / 4 = 3%

using a financial calculator, the PV of the bonds = $481,588.61

amortization first coupon = ($481,588.61 x 3%) - $18,000 = $3,552.34

Dr Interest expense 14,447.66

Dr Premium on bonds payable 3,552.34

    Cr Cash 18,000

   

amortization second coupon = ($478,036.27 x 3%) - $18,000 = $3,658.91

Dr Interest expense 14,341.09

Dr Premium on bonds payable 3,658.91

    Cr Cash 18,000

amortization third coupon = ($474,377.36 x 3%) - $18,000 = $3,768.68

Dr Interest expense 14,231.32

Dr Premium on bonds payable 3,768.68

    Cr Cash 18,000

amortization fourth coupon = ($470,608.68 x 3%) - $18,000 = $3,881.74

Dr Interest expense 14,118.26

Dr Premium on bonds payable 3,881.74

    Cr Cash 18,000

5 0
3 years ago
Phương pháp công ty Samsung xác định giá, phân tích ưu/ nhược điểm:<br> help me
Molodets [167]
I’m not sure how to help you.
8 0
3 years ago
Your company is evaluating two projects for consideration. Project A has a 40% probability of a $3,000.00 loss and a 60% probabi
natima [27]

Answer:

We should select Project A as it has a higher expected value of 10,800 compared to Project B's expected value of 9,000.

Explanation:

We need to find the expected value of both the projects, using the formula

Expected value of project A= (probability of loss * value of loss)+(probability of gain* value of gain)

Expected value of project A= (0.40*-3,000)+(0.60*20,000)

=-1200+12,000=10,800

Expected value of project A= 10,800

Expected Value of project B= (probability of loss * value of loss)+(probability of gain* value of gain)

=(0.30*-5,000) +(0.70*15,000)=-1500+10,500=9,000

5 0
3 years ago
Expert power Group of answer choices is derived from organizationally conferred decision-making authority. arises from manager a
asambeis [7]

Answer:

is derived from leader capability and knowledge in a particular field

Explanation:

The expert power is thinking with respect to a specific person that contains the knowledge level or the specific level but the other person dont have

Also the person have the expertise in a specific field due to which the people around feel that the person powerful and give more values to his opinion

Therefore as per the given option, the last option is correct

7 0
3 years ago
Sheila is one of the managers at Benson &amp; Parker Advertising, an agency based in New York. She is a member of a coalition of
Tju [1.3M]

Answer:

d. groupthink

Explanation:

Based on the information provided within the question it can be said that in this scenario, Sheila is engaging in groupthink. This term refers to when individuals in a group tend to make irrational and dysfunctional decisions all for the desire to maintain harmony between the group. Which is what Sheila is doing by suppressing her opinion and voting the same as the other managers.

4 0
3 years ago
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