Answer: Option D
Explanation: Owners equity refers to the amount of funds made available by the owners to operate the business activities. It includes initial capital invested and profits generated for the period
In the given case, the expense of $800 did not bring any assets or liabilities to the entity. Such an expense will be recorded in income statement leading to decrease in profits, thus, resulting in decrease in owners equity.
Answer:
a. NOPAT = EBIT * (1-t)
NOPAT = $2,700 * (1-0.40)
NOPAT = $1,620
b. OCF = NOPAT + Depreciation
OCF = $1,620 + $1,600
OCF = $3,220
c. FCF = Net fixed asset investment - Net current asset investment
FCF = $3,320 - $1,400 - $1,400
FCF = $420
Note:
Net fixed asset investment = Change in net fixed assets + depreciation
= ($14,800- $ 15,000) + $1,600
= $1,400
Net current asset investment = Change in current assets - Change in accounts payable and accurals
= ($8,200 - $6,800) - {($1,600 + $200) - ($1,500 - $300)}
= $1,400
d. FCF is meaningful as it shows that OCF is able to cover Operating expenses as well as Investment in Fixed and Current Assets
Answer:
Dow Jones Industrial Average on May 30, 2017:
According to valueline.com, the Dow Jones Industrial Average on May 30, 2917 closed at 21029.47 Down 50.81.
Closing index = 21029.47
plus down movement =50.81
Opening index = 21080.28
This implies that the opening price was 21080.28.
Explanation:
The Dow Jones Industrial Average measures the stock performance of 30 large companies listed on stock exchanges in the United States. It is a stock price index. Others are the S&P 500 Index and the NASDAQ.
The opening index represents the day's beginning average price before trading started. During trading, the price must have seen variations, up and down movements. But, at the end of the day's trading, the closing price was reported to be 21029.47 Down 50.81.
From this closing index report, one can infer by adding back, that the opening price was above the closing price by 50.81 or about 51 basis point.
Answer:
power exercised by use of fear of punishment for errors of omission or commission by employees.
Explanation:
Coercive power is characterized because the use of force to get a worker to obey an order or command, where control comes from one's right to threaten the employee for non - adherence. Like that this power is in place when a person worked an order in fear of losing their job or their benefits package.
