Answer:
The firm's cash flow to creditors during 2016 was -$131,000.
Explanation:
Cash flow to creditors
= Interest expense - (Ending LT Debt - Beginning LT Debt)
= $99,000 - ($1,680,000 - $1,450,000)
= -$131,000
Therefore, The firm's cash flow to creditors during 2016 was -$131,000.
Answer:
A programmer, a web designer, and a data analyst.
Explanation:
The programmer creates the sales system application. He will integrate key functionalities in the new software that will meet the companie's unique need.
The we designer will create a website that will give easy access to the newly developed sales system application. This will also involve content creation and user interface creation.
Data analyst will be in charge of managing client's data. Making sure data is secure and in a form that can be easily accessed and used.
Answer:
The amount of consolidated net income that will be assigned to the controlling interest for 2018 is $ 48,000.
Explanation:
In order to calculate consolidated net income profit and loss on intra group transactions are eliminated or not taken into account. So in order to calculate profit cost incurred by group is taken as cost of good sold and sales that is made to third party will be taken as revenue. Detail calculations are given below.
Revenue $ 100,000
COGS ($ 40,000) (50,000 *80%)
Profit $ 60,000-A
Consolidated net income controlling interest = A * 80% = $ 48,000
An american retail chain started doing business in india by forming a<u> "joint venture" </u>with one of india’s leading business groups.
A Joint Venture (JV) is a helpful endeavor went into by at least two business elements with the end goal of a particular task or different business movement. The purpose behind a joint endeavor is typically some particular task.
Joint ventures can be casual (a handshake) or formal, and they can be here and now or long haul. Regularly the joint endeavor makes a different business substance, to which the proprietors contribute resources, have value, and concede to how this element might be overseen.
Answer:
D) $179 million
Explanation:
The computation of the interest tax shield for the year 2006 is shown below:
= Interest expense in the year 2006 × tax rate
= $510 million × 35%
= $178.50 million
Simply we multiply the interest expense with the tax rate for the particular year so that the correct amount can come
All other information which is given is not relevant. Hence, ignored it
