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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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Present value. The State of Confusion wants to change the current retirement policy for state employees. To do​ so, however, the
Alekssandra [29.7K]

Answer:

The present value of the pension fudn is 32,817,587,624.32 dollars

the state must first pay this amount before start a new pension plan

Explanation:

Employees 240,000

The average employee is 22 years away fro mretirement.

and the average retirement benefit is 400,000

discount rate: 5%

<u>Total fund obligation:</u>

240,000 employees x 400,000 dollars each = 96.000.000.000

Then, we discount at 5% for 22 years:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  96,000,000,000.00

time   22 year

rate    5% = 0.05

\frac{96000000000}{(1 + 0.05)^{22} } = PV  

PV   32,817,587,624.32

5 0
3 years ago
The following information pertains to Wald Corp.'s operations for the current year: Worldwide taxable income $300,000 U.S. sourc
denis-greek [22]

Answer:

The amount of foreign tax credit may Wald claim for the current year is $36,600

Explanation:

For computing the claim for the foreign tax credit, we have to do the proportionate of  U.S. income tax before foreign tax credit based on Foreign non-business-related interest, Other foreign sources taxable income to the Worldwide taxable income.  

In mathematically,  

Foreign tax credit based on non business-related which equals to

= (Foreign non business-related interest ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit  

= ($30,000 ÷ $300,000) × $96,000

= $9,600

Foreign tax credit based on Other foreign source taxable income  which equals to

= (Other foreign source taxable income  ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit  

= ($90,000 ÷ $300,000) × $96,000

= $28,800

The lower of $28,800 and $27,000 so, $27,000 as it includes the foreign income taxes paid  

So, The total amount of foreign tax credit equals to

= $9,600 + $27,000

= $36,600

8 0
3 years ago
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.
viva [34]

A bond resolution is a legal document that specifies the rights of the issuer and the bondholder, the two parties to the bond contract, and allows the issuance and sale of bonds.

<h3>Who is a bondbondholder?</h3>

An investor or the owner of debt instruments, which are frequently issued by corporations and governments, is known as a bondholder. In essence, bondholders are lending money to the bond issuers. Bond holders receive their principal investment back when the bonds mature in exchange.

To learn more refer ;

brainly.com/question/15693067

#SPJ9

6 0
2 years ago
What are the primary advantages to owning a franchise?
Volgvan

Answer:

Explanation:

Owning a franchise has the following main advantages:

1) A franchise owner gets valuable help throughout the lifespan of the business. Upon acquiring a franchise, the business owner receives a continuous training and assistance necessary for marketing and management.

2) Owning a franchise comes with a low rate of failure. A franchise comes with an established business concept that is already successful in the market which assures the owner of better chances of success compared to starting up an independent business.

6 0
3 years ago
Read 2 more answers
Which one of the following would probably benefit the most from personal financial planning services?
BartSMP [9]
The answer is B)<span> Older persons nearing retirement and needing to know what their income will most likely be during retirement

Option D, would be wrong since without the means to have a financial planning assistant would not really be able to achieve much aside from probably saving some more money.

However, older people who are nearing retirement are probably at the top of their careers and have a lot of savings in cash, bongs, stocks and maybe even property.

It is these kinds of people who can get maximum benefit from proper financial planning.
</span>
4 0
3 years ago
Read 2 more answers
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