Answer:
The firm's operating cash flow is $291000
Explanation:
Operating cash flow is arrived by using the format below:
Net income after tax
Add back dereciation and amortization
Add and (deduct) Reduction in working capital(Increase in working capital)
Add back interest expense on loans
Add back tax expense for the year
Then deduct:
Actual interest paid
Actual tax paid
Using the proforma above,Kerber's Tennis Shop Inc. is shown as:
Net income after tax+Interest expense(add)+reduction in net working capital(add)-increase in creditors' payment(minus)
As a result,operating cash flow=$220000+$91000-$20000
=$291000
a strategy that leads to one player's interests dominating the interests of the other players.
Research participants should not be subjected to harm in any ways whatsoever. Respect for the dignity of research participants should be prioritised. Full consent should be obtained from the participants prior to the study.
Answer:
c. N = 7, I/Y = 4, PV = 37,000
Explanation:
In financial Calculator the following key wii be pressed to calculate the the balance of the account (Future value)
For the number of year enter N = 7
Interest per year enter I/Y = 4
For present value enter PV = 37,000
This will calculate Malissa's account balance after 7 years which is $48,689.
So the correct answer is c. N = 7, I/Y = 4, PV = 37,000.
