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Tubby Toys estimates that its new line of rubber ducks will generate sales of $7 million, operating costs of $4 million, and a d

Pavlova-9 [17]

Answer:

$2,300,000

Explanation:

The formula to compute the operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT = Sales - operating expenses - depreciation expense

= $7,000,000 - $4,000,000 - $1,000,000

= $2,000,000

And, the income tax expense is

= $2,000,000 × 0.35

= $700,000

So, the value would equal to

= $2,000,000 + $1,000,000 - $700,000

= $2,300,000

We simply applied the above formula

7 0

3 years ago

A lot of designer clothing companies will send free clothes to celebrities with hopes that the celebrities will wear their cloth

Kazeer [188]

Answer:

Celebrity endorsement.

Explanation:

The complete question is...

A lot of designer clothing companies will send free clothes to celebrities with hopes that the celebrities will wear their clothing in public and attract more customers to the brand. what mode of end? What mode of endorsement are these clothing companies trying to achieve?

Celebrity endorsement uses a celebrity's fame or social status to promote a product, brand or service. It is mostly associated with the fashion and beauty brands, and the goal is that the positive image of the celebrity be reflected onto the product or the brand. Celebrity endorsement has been used by some brands to promote their businesses into a multi-billion dollar company, and is also very lucrative for the celebrity, whose contract deals can run into hundreds of millions of dollars.

8 0

4 years ago

What are two of the benefits of earning college credit in high school? A. Getting stressed out from the academic requirements B.

forsale [732]

Answer:

The correct option is A and B.

Explanation:

The following are the benefits or advantage of earnings college credit in high school are:

1. Earning college credits in the high school will costs money but make cheaper instead of paying per credit hour in college.

2. Will make the person stressed free from the academic criteria.

3. Could explore particular filed of study in depth.

4. Improve the chances of getting into the college of choice or could earn scholarship.

Therefore, the correct option is A and B.

7 0

3 years ago

Read 2 more answers

Manufacturing overhead was estimated to be $250,000 for the year along with 20,000 direct labor hours. Actual manufacturing over

jenyasd209 [6]

Answer:

C. Manufacturing Overhead would be debited for $12,500

Explanation:

Based on the information given to dispose of the balance in the Manufacturing Overhead account the correct entry will be:

Manufacturing Overhead would be debited for $12,500

Calculated as:

First step is to calculate the Predetermined overhead rate

Predetermined overhead rate = $250,000/20,000

Predetermined overhead rate = $12.50

Second step is to calculate the Applied manufacturing overhead

Applied manufacturing overhead =$12.50 *

*19,000

Applied manufacturing overhead= $237,500

Now let calculate Overapplied Manufacturing overhead

Overapplied Manufacturing overhead = $237,500 - $225,000

Overapplied Manufacturing overhead= $12,500 Debited to Manufacturing Overhead

Therefore To dispose of the balance in the Manufacturing Overhead account the correct entry is Manufacturing Overhead would be debited for $12,500

6 0

3 years ago

Jackie has a margin account with $150,000 of his own money. The initial margin deposit required is 60 percent and Turtle Industr

PtichkaEL [24]

Answer:

The maximum number of shares is 5,000 shares

Explanation:

The computation of the maximum number of shares is shown below:

= Margin account amount ÷ initial margin deposit required ÷ current selling price per share

= $150,000 ÷ 0.60 ÷ $50 per share

= 5,000 shares

hence, the maximum number of shares is 5,000 shares

We simply applied the above formula so that accurate shares could come

5 0

4 years ago