This is a violation of no federal law. The outcome of this will be student loan debtors who be situated fraught to pay their loans will sooner or later spike up the costs of their loan so high that refund will then become enduringly unmanageable for nearly 100% of those who default. This define the all-inclusive life of a student loan debtor will then put an effective forced labor state because their wages and assets will be inevitably enhanced and take away by the governments authorized agents in order to pay toward continually growing student loan and balance.
The four steps of the closing process for merchandising company are:
1) Close revenue account to income summary
2) Close expense account to income summary
3) Close income summary to retained earnings
4) Close dividends to retained earnings
These steps are important to making sure the businesses finances are accurately recorded.
Answer:
FCF = $365,700
Other factors to consider are
Whether there is any additional debit which need to pay?
and
Is there any investment opportunity which will grow the shareholders wealth further?
Explanation:
Free cash flow (FCF) is calculated as follows:
FCF = Net cash flow from operating activities - Capital expenditures
Dividend is paid from Free cash flow so, it is not included in the calculation.
Free Cash Flow= $643,900 - $278,200 = $365,700
The increase in the dividend is warranted because company has ability to maintanin dividends in order to satisfy investors. If there is no additional deductions, there is still $289,500 ( $365,700 - $76,200 ) for reinvestment.
Answer:
$(52)
Explanation:
Calculation to determine the net pension asset/liability reported in the balance sheet at the end of the year
First step is to calculate the Ending PBO using this formula
Ending PBO=(Asset Beginning balance)+(Service cost)+(Interest cost)+(Loss on PBO)+Retiree benefits
Let plug in the formula
Ending PBO = $(880) + ($78) + ($44) + ($8) + $81
Ending PBO= $(929)
Now let calculate the Net pension liability
Using this formula
Net pension liability=(Ending PBO)+Ending balance
Let plug in the formula
Net pension liability = $(929) + $877
Net pension liability= $(52)
Therefore the net pension liability reported in the balance sheet at the end of the year is $(52)
Answer:
allowance for uncollectible accounts
Explanation:
The cash budget represents the cash inflow and cash outflow position with respect of cash receipts and cash payments i.e cash disbursement plus it also involves financing needs i.e how much amount is to be borrowed
But it does not involve the allowance for uncollectible accounts as it is not shown in the cash budget because it is shown under the debtors side with the negative amount of the balance sheet
Like
Assets
Current Assets
Account receivable XXXXX
Less: Allowance for uncollectible accounts XXXXX
Net account receivable XXXXX