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3 years ago

An international organization created in 1958 to make trade easier among member nations:

2 answers:

8 0

European economic community was formed by the European Union we can trace its origins from the European Coal and Steel Community and the European Economic Community formed in 1951 and 1958 respectively by the Inner Six countries of Belgium, France, West Germany, Italy, Luxembourg and the Netherlands. There main purpose of forming the organization is to promote greater social, political and economic harmony among the nations of Western Europe.

Veseljchak [2.6K]3 years ago

4 0

The answer is "EEC or European Economic Community".

The EEC was otherwise called the Common Market in the English-speaking nations and sometimes alluded to as the European Community.
The European Economic Community (EEC) was a provincial association which expected to achieve financial combination among its part states. The European Economic Community (EEC), the most noticeable case of a free trade region, really is the thing that financial experts call a customs union.

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frez [133]

Answer:

The firm’s 2019 operating cash flow is $610,500

Explanation:

Cash Flow to Creditors

Cash Flow to Creditors = Interest Expenses Paid - Net Increase in Long term debt

= Interest Expenses Paid - [Long term debt at the end - Long term Debt at the Beginning]

= $95,500 - [$1,610,000 - $1,415,000]

= $95,500 - $195,000

= -$99,500

Cash Flow to Stockholders

Cash Flow to Stockholders = Dividend Paid – Net New Equity

= Dividend Paid – [(Common stock at the end + Additional paid-in surplus account at the end) - (Common stock at the beginning + Additional paid-in surplus account at the beginning)

= $148,000 - [($143,000 + $2,980,000) - ($143,000 + $2,680,000)]

= $148,000 - [$3,123,000- $2,823,000]

= $148,000 - $300,000

= -$152,000

Cash Flow from assets

Cash Flow from assets = Cash Flow to Creditors + Cash Flow to Stockholders

= -$99,500 - $152,000

= -$251,500

Operating Cash Flow

Cash flow from assets = Operating Cash flows - Change in Net Working capital - Net Capital Spending

-$251,500 = Operating cash flow - (-$128,000) - $990,000

-$251,500 = Operating cash flow + $128,000 - $990,000

Operating cash flow = $990,000 - $128,000 - $251,500

Operating cash flow = $610,500

Therefore, the firm’s 2019 operating cash flow is $610,500

6 0

2 years ago

Cold Goose Metal Works Inc. just reported earnings after tax (also called net income) of $8,000,000 and a current stock price of

Harrizon [31]

Answer:

$14.49

Explanation:

Present P/E ratio = Current stock price/(Net income/Shares outstanding)

Present P/E ratio = 14.75/($8,000,000/5,500,000 shares)

Present P/E ratio = 10.1406

EPS after 1 year = 8000000*125%/ 7000000

EPS after 1 year = 1.4286

Stock price = EPS after 1 year * Present P/E ratio

Stock price= 1.4286* 10.1406

Stock price = $14.49

8 0

2 years ago

Someone help me please?

laila [671]

Answer:

a) Cost of goods Manufactured = $610,000

b) Cost of sales = $ 580,000

c) Net income = $ 140,000

Explanation:

a) Ferruccio Fashion

Schedule of Cost of Goods Manufactured

For the Year Ended 12/31/X2

Particular $ $

Direct Materials:

Raw Materials, 1 January 40,000

Add: Purchase 180,000

Materials available for use 220,000

Less: Raw materials, 31 December 25,000

Materials used 195,000

Direct Labor 200,000

Prime Costs 395,000

Manufacturing Overhead:

Indirect Material 11,000

Indirect Labor 16,000

Plant Utilities 40,000

Depreciation, plant and equipment 60,000

Other 78,000 205,000

Total Manufacturing Costs 600,000

Add: Work-in-progress, 1 January 40,000

Less: Work-in-progress, 31 December (30,000)

Cost of goods manufactured 610,000

b) Ferruccio Fashion

Schedule of Cost of sales

For the Year Ended 12/31/X2

Particular $

Finished goods inventory, 1 January 20,000

Add: Cost of goods manufactured (From a) 610,000

Goods available for sale 630,000

Less: Finished goods inventory, 1 January (50,000)

Cost of sales 580,000

Now, this cost of sales will be used to find gross and net profit.

C) Ferruccio Fashion

Income Statement

For the Year Ended 12/31/X2

Particular $

Sales Revenue 945,000

Less: Cost of sales (From part B) 580,000

Gross Profit 365,000

Less: Selling and administrative expenses 145,000

Income before income tax 220,000

Less: Income tax expense 80,000

Net Income 140,000

8 0

3 years ago

App Holdings is expected to pay dividends of $1.50 every six months for the next three years. If the current price of App Holdin

Y_Kistochka [10]

Answer:

The answer is $34.36

Explanation:

FV = PV x (1 + R x ((1 + r))^T = $22.6 x (1 + {($1.5 / $22.60) x [1 + (18% / 2)]}^6 = $34.36

8 0

3 years ago

The main premise of ________ is that effective leaders choose one or more leadership styles to influence employee expectations r

NARA [144]

Answer:

Path-Goal Leadership Theory

Explanation:

Path-Goal Leadership Theory -

This theory was given by Robert House , in the year 1971 .

It refers to the type of leadership theory , where the behavior of the leader depends on the performance , motivation and satisfaction of the other employees , is referred to as the path - goal leadership theory .

It is also referred to as path–goal theory of leader effectiveness .

Hence , from the given information of the question ,

The correct answer is Path-Goal Leadership Theory .

3 0

3 years ago