Answer:
$2,896 is needed
Explanation:
external financing needed = net income - working capital needs - capital expenditures + retained earnings
- net income = $1,560 x 1.2 = $1,872
- working capital needs = ($4,700 x 1.2) - ($860 x 1.2) = $5,640 - $1,032 = $4,608
- capital expenditures = fixed assets x 20% = $940
- retained earnings = $1,560 x 50% = $780
external financing needed = $1,872 - $4,608 - $940 + $780 = -$2,896
Answer: The cash flow from operating activities is <u><em>$205,000</em></u>
Explanation:
Given :
Net income = $200,000
Increase in Accounts Payable = ( Ending balance - Beginning Balance) = $22000 - $20,000 = $2000
Decrease in Accounts Receivable = ( Ending balance - Beginning Balance) = $12,000 - $15,000 = $3000
Cash flow from operating activities = Net income + Increase in Accounts Payable + Decrease in Accounts Receivable = $205,000
Answer: an exculpatory
Explanation:
An Exculpatory Clause
An exculpatory clause is part of an agreement which allows one party to be relief from any liability that has developed along the vway. It is an allowance in a contract which is intended to protect one party from being sued for their wrongdoing or negligence.
A lease: where the landlord Metro City Mall says they will not be responsible for damage, injury, or loss which occurs on the property.
Answer:
$123 Unfavorable
Explanation:
Budgeted cost = $2,420 + (33 * $9) = $2,717
Actual cost = $2,840
Variance = Budgeted cost - Actual cost = $2,717 - $2,840 = $123 Unfavorable
Therefore, the activity variance for materials and supplies in August would be closest to <u>$123 Unfavorable</u>.
Answer:
The price of the stock is expected to be $188.16 in 1 year.
Explanation:
This can be determined as follows:
Current price of the stock = Expected next dividend / Expected return = $24.87 / 15.2% = $163.62
Expected stock price in 1 year = Current price of the stock * (100% + Expected return)^Number of year = $163.62 * (100% + 15.2%)^1 = $188.16
Therefore, the price of the stock is expected to be $188.16 in 1 year.