In the current year, a company paid interest of $40,000, had net capital expenditures of $300,000, and issued net new debt of $75,000. In addition, the company reported cash flow from operating activities of $600,000, cash flow from investing activities of ($250,000), and cash flow from financing activities of $65,000. The marginal tax rate is 35%. Compute the free cash flow to the firm. In the current year, a company paid interest of $40,000, had net capital expenditures of $300,000, and issued net new debt of $75,000. In addition, the company reported cash flow from operating activities of $600,000, cash flow from investing activities of ($250,000), and cash flow from financing activities of $65,000. The marginal tax rate is 35%. Compute the free cash flow to the firm.
Answers
Answer:
Free cash flow to the firm = $326,000
Explanation:
The free cash flow to the firm can be computed using the following formula:
Free cash flow to the firm = Cash flow from operating activities + (Interest paid * (100% - Tax rate)) - Net capital expenditures ............... (1)
Where:
Cash flow from operating activities = $600,000
Interest paid = $40,000
Tax rate = 35%
Net capital expenditures = $300,000
Substituting the values into equation (1), we have:
Free cash flow to the firm = $600,000 + ($40,000 * (100% - 35%)) - $300,000 = $326,000
Related Questions
10. The directors of KOKO Limited issued 100,000 ordinary shares of no-par value for GH¢10 each payable as follows: on application GH¢3 and on allotment GH¢7. All issued shares were fully subscribed and monies were paid. How much was paid on application? GH 1,000,000 B. GH 300,000 C. GH 400,000 D. GH 700,000
Answers
The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.
The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.
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What is TRUE about credit unions?
OA. They are not insured by the government.
OB.
OO
C.
D.
They do not have any govemment regulations.
They only offer savings accounts.
They are owned by members.
Answers
The true about credit unions is they are owned by members. Credit unions are non profit organizations. The correct option (D).
What do you mean by the credit unions?A particular kind of financial cooperative that offers conventional banking services is a credit union.
Credit unions can be established by major firms, organizations, and other entities for their employees and members. They can range in size from small, volunteer-only operations to large organisations with thousands of participants across the country.
The fact that credit unions have significantly fewer physical facilities than the majority of banks can be a disadvantage for customers who prefer in-person assistance.
The earnings of credit unions are not subject to corporate income tax.
Therefore, the true about credit unions is they are owned by members. Credit unions are non profit organizations.
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examination of recent data of many countries shows that countries with very high saving rates generally have high level of output per person
Answers
The answer is b. A higher saving rate does result in a higher steady-state capital stock and a higher level of output.
What is the greatest way to define savings?The fraction of money left over after paying for expenses is what is saved. In other words, it refers to money that has been set away for use later on rather than being immediately spent.
What is saving, and why is it significant?The fraction of money left over after paying for current expenses is known as savings. Because no one can see the future, it is advisable to store money in case of emergencies or unforeseen circumstances. A person's dishwasher may start to leak, their automobile could break down, or they could experience a medical emergency.
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Today is also the day on which your manager’s boss is collecting information about your manager’s leadership style so that they can give him a 360-degree appraisal. They assure you that your comments about your manager will remain confidential, but the nature of your thoughts is such that he probably would guess you are the person who made those comments. Specifically, you think that your manager takes offense easily, has a bad temper, and could be more effective in time management. Would you share your thoughts with your manager’s manager?
Answers
The decision to share feedback about a manager should be based on a careful evaluation of the potential impact and one's own personal values and goals.
Sharing negative feedback about a manager can be a delicate situation, especially when it may affect the manager's performance review and future career opportunities. Before deciding whether to share the thoughts with the manager's manager, it is important to consider the potential consequences and benefits of doing so.
If the feedback is constructive and could help the manager improve their leadership skills, it may be worth sharing with the manager's manager in a tactful and respectful manner. However, if the feedback is solely based on personal opinions and could harm the manager's reputation or career prospects, it may be best to keep those thoughts to oneself.
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8
Tracy has heard about government bonds before, but she isn't sure what they are. She is very conservative by nature and is really hesitant
about trying new things. What can you tell her about government bonds that might actually convince her to invest?
OA. They always have a very high Interest rate.
OB. They are extremely difficult to find.
O c. They allow you constant access to your investment Income.
OD. They are relatively risk-free.
Reset
Next
Answers
Answer: They are relatively risk-free.
Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
Answers
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
If a firm was receiving subsidies from its government to produce and lower its operating costs, what may happen when going to sell its products to other countries
Answers
Answer:
Government subsidies some countries soften bed
3.2.2 Quiz: The Function of Money
Question 6 of 10
In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Limited supply
B. Divisibility
C. Uniformity
O D. Acceptability
SUBMIT
Answers
The many forms of cash in an economy should resemble one another for money to function properly. This is a component of money's Uniformity. Option C is accurate as a result.
What is reffered to as currency ?Anytime someone wants to sell anything or buy something, whether it be for themselves, a friend, a family member, or anybody else, they must pay a set sum of money, which is referred to as currency.
The Indian Rupee, which is the country's currency, must be used to buy or pay for anything in India. In Saudi Arabia, the Saudi Riyal is the preferred money. There is a market called the free market, and in that market, gold is also regarded as a form of money. Money should be uniform in order for the currency to operate well.
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"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?
Answers
Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.
Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.
In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.
By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.
From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.
It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.
However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.
It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.
In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.
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Scenario:
You are a professional financial adviser and you assist your clients in selecting investments. Your supervisor gives you a list of "recommended mutual funds." Although these mutual funds appear riskier than you normally recommend to your clients, your supervisor assures you that these funds represent the best investment opportunities for the clients. The mutual funds on the "recommended list" are paying your company to place them on the list and providing free trips to your supervisor based on a point system (the more you sell, the more points earned.) You recommend these funds to your client and do not disclose that the funds are paying your company to recommend these funds.
Questions:
1. What are the ethical issues/dilemmas?
2. Who might be affected by this situation?
3. List three to five possible actions a person in this situation could take.
4. What would you do?
5. Discuss all of the “tests” that influenced your decision and explain why this test had an impact on your decision.
(The tests are: Harm, Legal, Precedent, Publicity, Defensibility, Mom, Reversibility, Virtues, Professional, Peer, Organization, How does it make me feel?)
{A. Harm test: Does this option do less harm than the alternatives?
B. Legality test: Is this option legal? If the answer is “no,” stop here!
C. Precedent test: Does this option set precedent, which, while the outcome in this fact pattern is not problematic, this option under another fact pattern could cause a dramatically different outcome?
D. Publicity test: Would I want my choice of this option published in the newspaper?
E. Defensibility test: Could I defend my choice of this option before a Congressional committee or a jury of my peers?
F. Mom/Dad test: What would Mom/Dad think of this option? Would this option disappoint those whose respect I value?
G. Reversibility or “Golden Rule” test: Would I still think the choice of this option good if I were one of those adversely affected by it? How would I want to be treated?}
Answers
Conflicts of interest, a lack of transparency, and the possibility of causing harm to customers are examples of the situation's ethical dilemmas.
What is Conflicts of Interest?A person or organization has a conflict of interest when they are involved in multiple interests, one of which could influence the motivation for the other.
2. This situation may have an impact on the clients, financial advisor, supervisor, and mutual fund companies that are part of the arrangement.
3. A person in this situation might take the following actions:
Refusing to recommend the mutual funds on the "recommended list," and providing the supervisor with an explanation for your decision.Revealing to clients that the shared assets on the "suggested list" are paying the organization and the boss in view of a point framework.seeking guidance on how to deal with the situation from a professional organization or compliance department.5. The following are examples of ethical tests that could influence a decision:
Hurt test: Clients may be misled into making investments that are not in line with their financial goals or risk tolerance if the mutual funds are recommended to them without the conflict of interest being disclosed.Validity check: Even though mutual funds paying the company to put them on the list might not be against the law, not telling customers this information could be against regulatory requirements.To know more about Conflicts of Interest, visit:
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Which of the following income and expense items is NOT recorded initially directly in equity?
A. The impairment of goodwill in accordance with IAS 36 Impairment of Assets, where the entity is confident that the factors giving rise to the impairment will reverse in a future period.
B. An increase in the fair values of land & buildings, where the revaluation method is used to account for land & buildings in accordance with IAS 16 Property, Plant & Equipment.
C. A change in the fair value of an investment in another entity, which is classified as an available-for-sale financial asset in accordance with IAS 39 Financial Instruments: Recognition & Measurement.
D. Foreign currency translation adjustments arising on the translation of a foreign operations financial statements from their functional currency in accordance with IAS 21 The Effects of Changes in Foreign Exchange Rates.
Answers
The income and expense items that is NOT recorded initially directly in equity is A. The impairment of goodwill in accordance with IAS 36 Impairment of Assets, where the entity is confident that the factors giving rise to the impairment will reverse in a future period.
What is equity?Equity can be regarded as the ownership interest in property which can be used in the offset by debts or other liabilities.
It should be noted that there are some of the income and expense items which is been recorded in this , this can be increase in the fair values of land & buildingsas well as others.
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Lynda is teaching her client proper workflow
Answers
Answer:
The correct option is (A) Purchase order > Pay bill
Explanation:
Since in the given scenario, it is mentioned tha lynda is teaching her customer so the proper workflow would be purchase order and after that pay bill
As the vendor is the person who engage in the process of the supply chain for making the products so for this the vendor would charge the amount
Here the purchase order means the order that issued to the vendor in which the desciption of the product is mentioned in terms of type, quantity and agreed price
And, the payment would be made when the goods are received physically
So, the correct option is (A) Purchase order > Pay bill
Question 3 a. In choosing a supplier of raw materials for operations, there are a number of factors that need to be considered. Mention any three (3) of such factors.
Answers
When choosing a supplier of raw materials for operations, it's important to consider a variety of factors to ensure that you're making the best decision for your business. The factors are Quality, Price, Delivery time and reliability.
Below are three of such factors to consider:
1. Quality: The quality of the raw materials is a vital factor that you should consider when selecting a supplier. The quality of the raw materials will influence the quality of the finished goods produced. As a result, you'll need to ensure that the supplier you choose provides consistent, high-quality raw materials that meet your specifications.2. Price: Cost is an important factor to consider when selecting a supplier. You should ensure that the supplier is providing you with high-quality raw materials at a reasonable cost. It's also important to note that the cheapest supplier may not always be the best option, as quality may be compromised.3. Delivery time and reliability: It's critical to consider the delivery time and reliability of the supplier. The supplier should be able to deliver the raw materials on time and as agreed upon. Delayed deliveries can disrupt your operations, and if they occur frequently, they can damage your business reputation. Reliability is also important to ensure consistent supply and avoid running out of raw materials.For more such questions on supplier
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A common law rule that requires that the terms of the offeree’s acceptance adhere exactly to the terms of the offeror’s offer for a valid contract to be formed is called:
1. The Mirror-Image Rule.
2. A Quasi-Contract.
3. Quantum Meruit.
4. An Option Contract
Answers
If Depressants such as alcohol, ___________and sedatives affect the central nervous system by slowing down or depressing reflexes and coordination.you are experiencing any drug __________, don't drive.
Answers
Answer:
The answers are in the image for the first one
Explanation:
hope this helps!
The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)
Answers
The net cost of the item, after applying the series trade discount, is $63.41.
To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.
Let's break down the discounts:
The first discount is 10%.The second discount is 10%.The third discount is 19%.To find the net cost, we need to calculate the price after each discount.
Step 1: Apply the first discount of 10%
List price - (10% of list price)
List price - (10/100 * List price)
List price - 0.1 *
List price = 0.9 * List price
Step 2: Apply the second discount of 10%
0.9 * List price - (10% of 0.9 * List price)
0.9 * List price - (10/100 * 0.9 * List price)
0.9 * List price - 0.09 * List price
0.81 * List price
Step 3: Apply the third discount of 19%
0.81 * List price - (19% of 0.81 * List price)
0.81 * List price - (19/100 * 0.81 * List price)
0.81 * List price - 0.1539 * List price
0.6561 * List price
Now, to find the net cost, we multiply the list price by the result of the series of discounts:
Net cost = List price * 0.6561
Given that the list price is $96.60, we can calculate the net cost:
Net cost = $96.60 * 0.6561
Calculating this, we find:
Net cost = $63.41 (rounded to the nearest cent)
Therefore, the net cost of the item, after applying the series trade discount, is $63.41.
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The consumer price index is meant to measure prices of goods and services due to _______.
A. None of these.
B. The relationship between aggregate demand and aggregate supply.
C. The effect inflation has on prices in comparison to a base year.
D. The forces that compel companies to raise prices.
Please answer it correctly and asap
Answers
Answer:
the answer is option B. nice to be of to u by the way am gracey
The Strategy associated with Engaged Learning.
Answers
Answer:
connect learning to the world , engage with your students interests , use group work and collaboration, give your students a say and get your students moving
Which of these are variable expenses?
A. car insurance
B. mortgage
C. water bill
D. health insurance
Answers
Answer:
c. Water bill
Explanation:
answer will be water bill because it is a variable expense it will change time to time all others will not change with time they will be
Given the interest rate of 10%, if the initial investment is 200,000 and the amount of annual investment is 30,000 to be made forever, what is the capitalized cost?
Answer Choices:
a. 230,000
b. 170,000
c. 300,000
d. 500,000
Answers
Answer:
200000×10×30000÷100
Explanation:
answer 600000000
Defendant Mcpherson owned property adjacent to the first presbyterian church and wanted to build a gas station on the property. The church sued arguing that the operation of the station would constitute a nuisance. The lower court found that the unusual noises emanating from the station would interfere with the church’s operation to such a an extent that it would be a nuisance and therefore granted the pre permanent injunction. On appeal do you believe the injunction was upheld why or why not ?
Answers
The court did not uphold the injunction because the property on which Mcpherson wants to build the Gas station that belongs to Mcpherson has the right to build a gas station on that so Mcpherson challenged this decision any upper court.
What is an Injunction?
An injunction is a legal order requiring a person or entity to either cease doing or else start doing some specific action or task.
Thus, in this case, Mcpherson can challenge the lower court's decision in the upper court that prevents him from making a gas station on land that belongs to him.
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Experience is one way an aptitude can be learned ?
True or false ?
Answers
Answer:
True
Explanation:
Because it's written in book
Question 10 of 10
How do values play a role in planning a career?
Answers
Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.
What are values in career planning?Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.
Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.
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Yes! Assuming Economia's aggregate supply curve is upward sloping, when the aggregate demand curve shifts rightward, this will:
Answers
When the aggregate demand curve shifts rightward, this will increase Economia's real output and the price level.
What happens when the aggregate demand shifts rightward?
The aggregate demand curve is a curve that shows the total quantity of all goods and services demanded by the economy at different price levels. The aggregate demand curve slopes downward.
When aggregate demand curve shifts to the right, there would be an increase in the real output and the price levels.
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5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Callie Brent's credit card statement for March 31 showed a previous balance of $210.40 and new purchases of $22.31 on 3/11, $12.11 on 3/18, and $34.85 on 3/23. She made a payment of $210.40 on 3/27. What is Callie's new balance?
Answers
If Callie Brent's credit card statement for March 31 showed a previous balance of $210.40 and new purchases of $22.31 on 3/11, $12.11 on 3/18, and $34.85 on 3/23. She made a payment of $210.40 on 3/27. What is Callie's new balance is $69.27.
What is the new balance?Let make use of this formula to determine the new balance
New balance = Previous balance + 3 / 11 ew purchase + 3 / 18 New purchase+ 3 / 23 New purchase - Payment
Let plug in the formula
New balance = $210.40 + 22.31 + $12.11 + 34.85 - 210.40
New balance = $69.27
Therefore we can conclude that the new balance is the amount of $69.27.
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The best way to think about the framing in the house is that it’s like
Answers
Define ATS and describe its use.. Why would large companies
use an ATS ?
Answers
Answer:
An applicant tracking system (ATS) is a human resources software that acts as a database for job applicants.
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
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Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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Basics Ltd reported current liabilities of R3 000 and a quick ratio of 1,2. The company has current assets of R6 000. If the company reports the cost of goods sold at R4 000 for the given year, what is the inventory turnover?
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The inventory turnover for the given year is 3.33, calculated by dividing the cost of goods sold by the average inventory of R1200.
To calculate the inventory turnover, we first need to determine the inventory value. We can use the quick ratio formula to find the inventory amount.Quick ratio = (Current assets - Inventory) / Current liabilitiesRearranging the formula, we have: Inventory = Current assets - Quick ratio * Current liabilitiesSubstituting the given values, we have:Inventory = R6000 - 1.2 * R3000Inventory = R6000 - R3600Inventory = R2400The inventory value is R2400. To calculate the inventory turnover, we divide the cost of goods sold by the average inventory. In this case, the cost of goods sold is given as R4000. The average inventory is the sum of the beginning and ending inventory divided by 2. Since we don't have information about the beginning and ending inventory, we can assume they are equal, resulting in an average inventory of R2400/2 = R1200.Inventory turnover = Cost of goods sold / Average inventoryInventory turnover = R4000 / R1200Inventory turnover = 3.33Therefore, the inventory turnover for the given year is 3.33.For more questions on inventory
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