Answer:
c. $57,556
Explanation:
Operating Cash flow = Net Income + Non cash Expenses + net Change in working capital
Operating Cash flow = 44,245 + 16,500 + (-12,500 + 9310)
Operating Cash flow = 57,555
$
Sales 361,820
Cost <u> (267,940) </u>
Gross Income 93,880
Depreciation <u> (16,500) </u>
Operating Income 77,380
Interest Expense <u>(9,310)</u>
Income before Tax 68,070
Tax 35% <u>(23,825)</u>
Net Income <u> 44,245 </u>
Answer:
From first-degree price discrimination it will achieve a profit of <em>11,100.5 dollars</em>
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Explanation:
Using first-degree price discrimination a firm would be able to eliminate all consumer surplus thus, keeping all the surplus for himself
the surplus will be the area below the demand line and above the marginal cost of 21 dollars
That will be:
(170 - 21) x 149 / 2 = <em>11,100.5</em>
C. debit salaries payable; credit salaries expense
Answer:
a) Years
<u>0 1 2 3 4 </u>
a) $100
b) $100 $100 $100
c)-$50 $100 $75 $50
b) What is the future value of an initial $100 after 3 years if it is invested in an account paying 10 percent annual interest?
future value = present value x (1 + interest rate)ⁿ = $100 x (1 + 10%)³ = $100 x 1.331 = $133.10
c) What is the present value of $100 to be received in 3 years if the appropriate interest rate is 10 percent?
present value = future value / (1 + interest rate)ⁿ = $100 / (1 + 10%)³ = $100 / 1.331 = $75.13