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serious [3.7K]
3 years ago
13

Tiger Inc. has total sales of $35,821, cost of goods sold is $10,832, general and administrative expenses are $8,240, and deprec

iation is $523. The tax rate is 21 percent. The firm does not have any interest expense. What is the operating cash flow
Business
1 answer:
gregori [183]3 years ago
7 0

Answer:

the operating cash flow is $13,342

Explanation:

The computation of the operating cash flow is shown below:

Operating cash flow = (sales - Cost of goods sold - G&A expenses - depreciation expense) × (1 - tax rate) + Depreciation expense

= ($35,821 - $10,832 - $8,240 - $523) × (1 - 0.21) + $523

= $13,342

Hence, the operating cash flow is $13,342

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The Digby's balance sheet has $118,139,000 in equity. Further, the company is expecting $3,000,000 in net income next year. Assu
ch4aika [34]

Answer:

Book Value Per Share = 22.55

Explanation:

given data

equity = $118,139,000

net income next year = $3,000,000

to find out

what would their Book Value be next year

solution

we know that Book Value Per Share formula that is express as

Book Value Per Share = (Share Holder Equity+ Net Income) ÷ No of Shares ..................1

we consider here book value is $22

So no of share will be = \frac{share\ holder}{book value}

No of shares = \frac{118,139,000}{22}

No of shares = 5369954.545

so from equation 1 put here value

Book Value Per Share = \frac{118,139,000 +3,000,000}{5369954.545}

Book Value Per Share = 22.55

3 0
3 years ago
Bonita Industries received $108000 in cash and a used computer with a fair value of $384000 from Carla Vista Co. for Bonita Indu
Svetradugi [14.3K]

Answer:

$30,300 and $384,000

Explanation:

The computation of the gain and the amount should acquired is shown below;

The gain is

= Fair value - undepreciable cost

= $492,000 - $461,700

= $30,300

And, the amount at which the computed should be recorded is equivalent to the fair value i..e $384,000

The same is considered and relevant

6 0
3 years ago
If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible p
nika2105 [10]

Answer:

The correct answer is: cut spending equal to the reduction in tax revenue.

The correct answer is: The negative consequences of the recession are magnified.

Explanation:

Recession is likely to cause a reduction in the aggregate demand, consumer income, and spending will decrease as well. As a result, the tax revenue to the government will fall as well.

A balanced budget means that government expenditures should be equal to revenue. So if the government wants to have a balanced budget it needs to reduce its spending by the same amount as the reduction in the tax earnings.

This will lead to a reduction in the aggregate demand further magnifying the effects of the recession.

7 0
3 years ago
Read 2 more answers
Becky Fenton has 25/60/10 automobile insurance coverage. If two other people are awarded $30,000 each for injuries in an auto ac
STALIN [3.7K]

Answer:

$60,000

Explanation:

Based on the information given that we were told that she has automobile insurance coverage of 25/60/10 which therefore means that the MAXIMUM AMOUNT that the insurance company will pay is the amount of $25,000 per each individual which will as well include the maximum amount of $60,000 per accident for all the individual..

Therefore The amount of the judgment that the insurance cover is $60,000

8 0
3 years ago
A negative balance in the current account means that
fredd [130]

Answer: There are two categories in the BOP: the current account (CA) and the capital and financial account (CFA). If a transaction creates a liability, like selling a bond to another country, that gets counted in the capital and financial account. But if a transaction doesn’t create a liability (like the fancy red cars), the transaction gets counted in the current account.

Anything that occurs in one account is offset by the opposite happening in the other account. For example, if the current account increases by \$100$100dollar sign, 100, the capital and financial account must decrease by \$100$100dollar sign, 100. The fact that an entry in the current account is offset by an entry in the capital and financial account creates the mathematical identity:

Explanation:

6 0
3 years ago
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