Answer: $990
Explanation:
Based on the information that we are given in the question, the net income will be calculated as:
= Dividends + Retained earnings
= $1300 + (-$310)
= $1300 - $310
= $990
Therefore, the net income is $990.
Answer:
Simple, cool pfp btw. A story, first before the question. A short story like going into an accident or how expensive things are, or both.
Explanation:
You see, there is nothing I like more than a little story, short and sweet. If you can hook the readers into the story you can ask the question and get them thinking with the story you made. A clever trick I taught myself.
Answer:
$73,680
Explanation:
The cash inflows from the project in year 4 consists of the following:
1) operating cash flow
2) recovery of net working capital
3) salvage value of the equipment after tax
The operating cash flow is $52,620. The recovery of the net working capital is $5,160. The book value of the equipment at the end of year 4 is $17,014, and the market value is $15,900. Since the market value is lower than the book value, there is no capital gain and hence no tax. Therefore, the cash flow for the 4 year period after the equipment has been sold for $15,900 is shown below
The total cash flow in year 4 = $52,620 + $5,160 + $15,900 = $73,680.
The correct question should be:
Which of the following best describes the goal of a firm?A) Maximizing the firm's profits.B) Maximizing the value of the firm's equity.C) Maximizing the value of the firm's debt.D)Minimizing the firm's risk.E) Maximizing the current dividend paid to shareholders.
Answer: Maximizing the firm's profits.
Explanation:
The Goal of a Firm is the objective that; that Firm seeks to achieve on a regular basis or after a specified period. In most cases the aim of opening a business is to make profit, therefore maximizing profit can be a goal of a business organization.
B) create a contract to hire somone