Answer:
Explanation:
debit Unearned Revenue 200
credit Revenues 200
To realize one month of insurance premium revenue
Answer:
Answer:
$215
Explanation:
Eagles product has an EBIT of $400
Its tax rate is 30%
= 30/100
= 0.3
The depreciation is $16
The capital expenditures are $56
The planned increase in net working capital is $25
Therefore, the free cash flow to the firm can be calculated as follows
Free cash flow= EBIT(1-tax)+depreciation-capital expenditures- change in working capital
= 400(1-0.3)+16-56-25
= 400-120+16-56-25
= $215
Hence the free cash flow to the firm is $215
Answer:
What was the rate of return to an investor in the fund?
10%
Explanation:
To calculate the Rate of Return it's necessary to find the variation of the Net Assets Value during the year plus the distributions of income, the result of this it's divided by the Start of Year Net Asset Value.
Rate of Return = (Var NAV + Distributions) / Start of Year NAV
Rate of Return =
($13,2 - $14,0) = -$0,80
+ Distributions = $2,2 /
Start of Year NAV = $14,0
Rate of Return = (-$0,80 + $ 2,2 ) / $14,0 = 10%
Answer:
$8,000
Explanation:
The computation of the monthly rental expense allocated is shown below:
Rent allocated to 1st floor:
= $30,000 × 2 ÷ 3
= $20,000
There is 50,000 square feet i.e. equally divided between first floor and second floor. so 25,000 square feet for each floor.
Now
Rent allocated to 10,000 square feet:
= ($20,000 ÷ 25,000) × 10,000
= $8,000
Answer:
A trial balance presents data in debit and credit format.
Explanation:
There are two sections in the trial balance, called columns of debits and columns of credits. The total columns of debit and credit should always correlate or matched. The debit columns report assets and expenditures side while revenues stockholder equity, and the liability side are reported in the credit column.
