Answer:
I think b is that the answer
Answer:
a. 2019 Operating cash flow
Welland Co. Operating Cash Flow for 2019
Particular Amount $
Sales 162500
Cost of goods sold 80000
Other Expenses 3300
Depreciation 9000 <u>92,300</u>
EBIT 70200
Less: Taxes 22295
Add :Depreciation <u>9000</u>
Operating Cash Flow $<u>56905</u>
b. Cash flow to creditors
Interest paid 6500
Add: Loan raised <u>7700</u>
Cash flow to creditors <u>14200</u>
c. Cash flow to Stockholders
Dividends Paid 8150
Less: Net Equity Raised <u>4500</u>
Cash flow to Stockholders <u>$3650</u>
d. Change in Net working Capital = Change in Current Assets - Change in Liabilities
Figures for Current Asset was not given, rather the Net Fixed asset is given $21,100 which is not a current asset.
Answer:
The answer is E. $24,000
Explanation:
Straight line depreciation method equals
Cost of asset - salvage value / number of years.
Cost of asset is $135,000
Salvage value is $15,000
Number of years is 5 years
$135,000 - $15,000/5 years
$120,000/5 years
=$24,000
Straight line method of depreciation has equal amount all through the year.
The first year through it end life.
Therefore, machines' first year depreciation under the straight-line method is $24,000
Answer:
C. Summary business plan
Explanation:
A "business plan" is very important in order for a person to assess the success of his business. Among the choices above, the best answer is the <em>"Summary business plan." </em>This allows the entrepreneur to summarize the important points needed and to provide solid case of his business idea. This should also be clear and concise because it is going to be read by people who will be investing in the business. Examples of these groups are the <em>banks and investors.</em>
For startup business, it is important to include the following in the summary business plan: <em>business opportunity, target market, business model, marketing and sales strategy, financial analysis, competition, implementation plan, owners/staff, etc.</em>
So, this explains the answer.