Answer:
Explanation:
Net Income 490776
Add back depreciation 37752
Add back amortization 4719
Deduct gain on asset disposal (6292)
Increase in receivable (26500)
Decrease in payable (13075)
Increase in inventory (26775)
Increase in salary payable ( 2100)
Cash flow 458,505
The non cash expenses which are depreciation and the amortization cost are added back and non cash income like gain on the disposal of asset deducted to arrive at the net cash flow.
Answer:
7.09 %
Explanation:
Cost of preferred equity = Dividend / Market Price x 100
therefore,
Cost of preferred equity = $1.90 / $26.80 x 100 = 7.09 %
Answer:
Smith is guilty of Bribery and corruption While slick is guilty of breaking health code and trying to bribe a public officer.
Explanation:
Bribery has occurred because Smith's judgment has been paid for/influenced through the $5000 he has received from Slick. Money he plans to use on a boat. Smith has solicitated a bribe and is guilty of bribery. Since he sought for the bribe, he has committed a crime of bribery solicitation. After receiving the money, he committed the crime of accepting a bribe. When additional sums of money were requested, Smith further committed the crime of extortion and blackmail. He has been shown to be greedy.
Slick is guilty of trying to bribe a public official to escape the payment of fines and also guilty of violating health codes.
It is an example of cyclical unemployment.
I hope this helps!
Answer:
Expected cash balance = $48000
Explanation:
Given
Cash receipts = 171000
Cash disbursements = 158000
Starting period = 35000
Minimum desired cash balance = 10000
From the above,
Cash available = Cash receipts + starting period
= 171000 + 35000
= 206000
Therefore,
Cash balance at the month end
= Cash available - Cash disbursements (payments)
= 206000 - 158000
= $48000
