Do you believe the statements of politicians are more likely to be true than those of business entrepreneurs? Why or why not?

During 2017, Ecuyer Industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash us

marshall27 [118]

Answer:

$518,000

Explanation:

Data provided in the question:

cash provided by operations = $794,000

Cash used in investing = $686,000

Cash used in financing = $190,000

cash spent for fixed assets during the period = $276,000

Average current liabilities = $650,000

Average total liabilities = $1,716,000

Now,

Ecuyer's free cash flow

Particulars Amount

Cash provided by operations $794,000

Less: Cash spent for fixed assets during the period $276,000

==============================================================

Ecuyer's free cash flow $518,000

5 0

3 years ago

Tools for a company’s survival include adaptability and flexibility. Bill Ford’s decision to willingly step down as CEO and admi

Katyanochek1 [597]

Answer: Reactive change

Explanation:

The reactive change is one of the type of concept that is specifically implemented in an organization by essential changing made in the system without any delay.

In this type of changes, the changes are made by the outside forces in an organization and with the helps of this change the companies basically interesting the various types of policies for the flexibility of the employees.

According to the given question, the Given example is best illustrating the reactive change concept as it is necessary for the employees of the company. Therefore, reactive change is the correct answer.

7 0

3 years ago

This activity is important because marketing students should be aware of career opportunities in sales, how sales people create

never [62]

Answer:

Sales Careers and Examples

Example Career

2. Channel Sales Manager (CSM) Sales Management and Support

4. Route Sales Representative Order-Takers

8. The Key Account Manager Missionary Salespeople

Explanation:

Fives Sales Job Categories:

(1) New business salesperson identifies prospects and sells to them.

(2) Order-taker fulfills orders without trying to acquire new ones.

(3) Missionary salespeople do not make actual sales but initiate the process with decision-makers.

(4) Sales management and support render management and support services to salespeople.

(5) Others include salespeople who do not fall into the above categories.

8 0

3 years ago

A 10-year bond pays an annual coupon, its YTM is 8%, and it currently trades at a premium. Which of the following statements is

cricket20 [7]

Answer:

If the yield to maturity remains at 8%, then the bond's price will decline over the next year.

Explanation:

When the bonds sells at a premium it means that the coupon payment is greater than the yield to maturity, which means that the income generated by the bond is greater than return required by the investor and because of this the bond sells at a premium because the investor is willing to pay more for the bond as it offers more income than its required rate of return. With a premium the bond price increases to a point where the coupon and required return become equal. When the bond has 10 years to maturity it means that it will give 10 equal payments to the investor which will be greater than the investors required return therefore the investor will be willing to pay a higher price for the bond, as the maturity decreases the number of payments which will be higher than the required return also decrease, so for example if there are 5 years to maturity then the bond will pay 5 payments that are greater than the required return so the investor will be paying a lower premium compared to when he was getting 10 payments that payed more than his required return.

8 0

3 years ago

During 2019, half of the treasury stock was resold for $180,000; net income was $510,000; cash dividends declared were $1,320,00

Sliva [168]

Answer:

$5,790,000 using opening balance assumption which was not provided in the question

Explanation:

Shareholders Equity 2019= Opening Shareholders Equity + Resold Treasury Stock + Net income - Cash Dividends Paid

Here

Resold Treasury Stock is $180,000

Net income $510,000

Cash Dividends Paid $1,320,000

Opening Shareholders Equity is missing so we assume the following remainder part as I didn't find the remainder part anywhere:

As of Dec. 31, 2018, Warner Corporation reported the following: Dividends payable- 20,000; treasury stock- 600,000; paid-in capital-share repurchase- 20,000; other paid-in capital accounts- 4,000,000; retained earnings- 3,000,000.

So

Opening Shareholder Equity = Opening paid-in capital accounts + Retained earnings - Treasury Stock + Paid in Capital share repurchases

Opening Shareholder Equity = $4,000,000 + $3,000,000 - $600,000 + 20,000 = $6,420,000

By putting values, we have:

Shareholders Equity = $6,420,000 + $180,000 + $510,000 - $1,320,000

Shareholders Equity = $5790,000

4 0

3 years ago