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3 years ago

Given Table 12-6 below, fill in the values for saving. Assume taxes = $800.

Business

1 answer:

Marat540 [252]3 years ago

4 0

Answer:

Savings = National Income - Consumption - Taxes

Explanation:

Savings are the part of income that is not spent or paid in taxes. So it can be calculated by subtraction consumption from the national income.

National Income (Y) = C+ T + S

Therefore,

S= Y - C - T

That is the part of income that is not spent or paid in taxes is called savings.

National Income Consumption Taxes Savings

$11,400 $7,500 $800 $3,100

$11,800 $7,800 $800 $3,200

$12,200 $8,100 $800 $3,300

$12,600 $8,400 $800 $3,400

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A project manager is preparing two documents for risk management. One contains sources of overall project risk and also summary

vagabundo [1.1K]

Answer: Risk Report

Explanation:

A Risk Report for a project contains all the risk that the project is exposed to. This includes both project risk as well as individual risks related to the components projects in the overall project.

A Risk Report details the risks such as Supplier failure, Inflation, Pending Government Regulations and the like. It then takes these and summarizes them for presentation to those who require this information in the company so that appropriate safeguards may be set up and precautions taken.

This describes the first document and so should be what the Project Manager names it.

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2 years ago

This year, FCF Inc. has earnings before interest and taxes of $10 comma 400 comma 000, depreciation expenses of $1 comma 000

krek1111 [17]

Answer:

Free cash flow is $8,925,000

Explanation:

Free cash flow is the net cash cashflow available for the shareholders or for the reinvestment after paying all capital expenditure.

Free Cash flow

Earning Before Interest and Tax $10,400,000

Add: Depreciation expenses $1,000,000

Less: Capital expenditures $1,900,000

Less: Increase in net working capital <u>$575,000 </u>

Free cashflow $8,925,000

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3 years ago

Jan is considering starting a temporary help agency. why might this be a good business to start

Marina86 [1]

The trend toward hiring temporary workers is up.

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3 years ago

Read 2 more answers

(a) On July 1, Blue Spruce Co. sold merchandise on account to Waegelein Inc. for $17,300, terms 2/10, n/30. (b) On July 8, Waege

GarryVolchara [31]

Answer and Explanation:

The journal entries are shown below:

On July 1

Account receivable A/c Dr $17,300

To Sales $17,300

(Being the goods are sold on credit)

On July 8

Sales return and allowance A/c Dr $4,000

To Accounts receivable $4,000

(Being sales return is recorded)

On July 11

Cash ($17,300 - $4,000) × 98% $13,034

Sales discount ($17,300 - $4,000) × 2% $266

To Account receivable ($17,300 - $4,000) $13,300

(Being the cash received is recorded)

Only these three entries are recorded

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3 years ago

Condensed financial data of Bonita Company for 2020 and 2019 are presented below. BONITA COMPANY COMPARATIVE BALANCE SHEET AS OF

Rufina [12.5K]

Answer:

<u>Statement of cash flows for the year ended December 31, 2020</u>

Cash flow from Operating Activities

Income before tax 1,200

Adjustments for Non - Cash items :

Depreciation (1,220 - 1,190) 30

Gain on sale of investments (80)

Adjustments to Changes in Working Capital Items :

Increase in Receivables (390)

Decrease in Inventory 330

Increase in Accounts payable 300

Decrease in Accrued liabilities (50)

Cash generated from operations 1340

Income tax paid ( 550)

Net Cash from Financing Activities 790

Cash flow from Investing Activities

Purchase of Plant Assets (180 - 70) (110)

Proceeds from Sale of Investments(1,440 +80 - 1,320) 200

Net Cash from Investing Activities 90

Cash flow from Financing Activities

Repurchase of Bonds (1,580-1,400) (180)

Issue of Common Stock (1940 - 1660 - 70) 210

Net Cash from Financing Activities 30

Movement during the year 650

Cash and Cash Equivalents at Beginning of the year 1,180

Cash and Cash Equivalents at End of the year 1,830

Explanation:

The Direct method has been used : This must show adjustment to the Income before interest and tax.

The Statement of Cash flows is prepared under the following headings :

Cash flow from Operating Activities
Cash flow from Financing Activities
Cash flow from Investing Activities

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3 years ago