Answer:
The net cash flow of the year amounts to $32,000
Explanation:
The net cash flow of the year is computed as:
Net cash flow = Net income + Depreciation
= $7,000 + $25,000
= $32,000
Where
Net Income is computed as:
Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense
= $300,000 - $170,000 - $25,000 - $95,000 - $3,000
= $7,000
Gap's cost of goods sold is $10,258 million and Cash paid to supplier is $10,447 million.
Let understand that Cost of good sold refers to amount of expenses incurred to produce the goods produced by a firm.
- The formulae for deriving the Cost of Goods Sold is {Beginning Inventories + Purchases – Ending Inventories}.
- Information given are <em>Purchased inventories $10,392, Ending inventories $2,131 and Beginning inventories $1,997</em>
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Cost of goods sold = $1,997 + $10,392 - $2,131
Cost of goods sold = $10,258
- In conclusion, the amount of Gap's cost of goods sold is $10,258
Let understand that Cash paid to accounts payable refers to net amount paid to supplier of goods.
- The formulae for deriving the Cash paid to accounts payable is Beginning balance for 2015 + Purchases - Ending balance for 2015
Cash paid to accounts payable = $1,181 + $10,392 - $1,126
Cash paid to accounts payable = $10,447
- In conclusion, the amount of Gap's Cash paid to supplier is $10,447
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Answer:
The total amount of dollar sales for the next period is $1,675,500
The number of units to be sold next period is 23,500
Explanation:
The sales less the total cost gives the pretax income. The costs are the fixed and variable cost. Contribution margin is the sales less the variable cost. Hence the pretax income is the difference between the contribution margin and the fixed cost.
Let the total sales in dollars be G
G - $430,000 - $970,000 = $275,500
G = $275,500 + $430,000 + $970,000
G = $1,675,500
Hence the total contribution margin
= $1,675,500 - $430,000
= $1,245,500
Let the total number of units to be sold be t
$1,245,500
/t = $53
t = $1,245,500
/53
= 23,500
Answer:
$63,000
Explanation:
The computation of the income statement from this investment is shown below:
= (Value of the bond - outstanding bond) ÷ criteria
= ($1,026,000 - $900,000) ÷ 2
= $126,000 ÷ 2
= $63,000
The outstanding bond value is subtracted from the value of the bond and the amount that comes is divided by 2 so that the actual amount could come.
Answer:
A
Explanation:
In this case the rate that allows you to bring annual disbursements to a single value is the IRR (internal return), in this case 22.64%
