Answer:
Operating Cash Flows $215,850
Explanation:
Calaculation of Net operating Cash flow
Net Income$250,000
Adjustments for noncash effects:
Depreciation Expense 6,000
Loss on sale of asset 1,350
Changes in current assets and current liabilities:
Increase in Salaries Payable 19,500
Increase in Prepaid Rent(29,000)
Increase in Accounts Payable 29,000
Increase in Inventory(61,000)
Operating Cash Flows $215,850
Answer:
B. $124,000
Explanation:
The balance for Maxwell's capital account will be $124,000 i.e the total Market value of the building he is investing minus the mortgage that is supposed to be paid by the partnership.
$180,000 - $ 56,000 = $124,000
Answer:
(A) Interest coverage charge ratio= 6.21
(B) Fixed charge coverage = 2.84
(C) Profit margin ratio= 8.57%
(D) Total assets turnover= 1.55
(E) Return on assets= 13.26%
Explanation:
(A) The Interest coverage charge ratio can be calculated as follows= EBIT/Interest expense
= 45,300/7,300
= 6.21
(B) The fixed charge coverage can be calculated as follows
= income before fixed charge + interest/fixed charges + interest
= 45,300+13,300/7,300+13,300
= 58,600/20,600
= 2.84
(C) The profit margin ratio can be calculated as follows
= Net income/sales × 100
= 22,800/266,000 × 100
=0.0857 × 100
= 8.57%
(D) The total assets turnover can be calculated as follows
= Sales/total assets
= 266,000/172,000
= 1.55
(E) The return on assets can be calculated as follows
= Net income/Total assets × 100
= 22,800/172,000 × 100
= 0.13255×100
= 13.26%
Answer:
B. High performances work practice
Explanation:
High performance work practices are actions that tend to improve an organization's or a company's effectiveness and efficiency. They are practices structured to promote employees knowledge, improve commitment and motivate them. It involves investing in human power aimed at developing necessary skills, knowledge, techniques, and so on. In this scenario, Steve is trying to motivate and retain members of his organization by carry out high performance work practices like inhouse technical training and reimbursing tuition fees for employees who take relevant college courses.
299.45 im pretty sure its that one cause it the deposit
