Answer:
Bramble free cash flow was $508,000
Explanation:
Cash provided by operations = $778,000
Cash used in investing = $672,000
Cash used in financing = $186,000
Cash spent on fixed assets during the period = $270,000
Average current liabilities = $637,000
Average total liabilities = $1,682,000
Free cash flow = Cash flow from operating activities - Capital expenditures
= $778,000 - $270,000
= $508,000
The government will be able to improve the road system, encouraging more people to drive on vacations. Social Security benefits will provide income for the elderly and disabled, allowing them to spend money, thus boosting the economy. Airline security might be slightly improved because of the ability to hire, but there will not be enough money to provide the latest equipment.
The monthly payment is $386.67.
<h3>
What is the monthly interest rate?</h3>
- A monthly interest rate is simply the amount of interest charged in one month.
- This does not include any other fees associated with the loan, and it does not indicate how expensive a loan is.
- APR, on the other hand, is the annual percentage rate charged on a loan for a year.
So,
- PV = 20,000, I/y = 0.50, n = 12 × 5, FV = 0
- CPT PMT which equals $386.67
Therefore, the monthly payment is $386.67.
Know more about monthly interest rates here:
brainly.com/question/2151013
#SPJ4
Answer:
Budgeting, forecasting and planning
Explanation:
Service industries uses budgeting, which includes expected sales and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.
