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agasfer [191]
2 years ago
10

A nine-year project is expected to generate annual revenues of $137,800, variable costs of $82,600, and fixed costs of $11,000.

The annual depreciation is $23,500 and the tax rate is 34 percent. What is the annual operating cash flow?a. $37,162
b. $14,301
c. $35,052
d. $13,662
e. $36,506
Business
1 answer:
AleksAgata [21]2 years ago
3 0

Answer:

Option (a) is correct.

Explanation:

Given that,

Annual revenues = $137,800,

variable costs = $82,600

Fixed costs = $11,000

Annual depreciation = $23,500

Tax rate = 34 percent

Annual Income before Taxes:

= Annual revenues - Variable cost - Fixed Costs - Depreciation

= $137,800 - $82,600 - $11,000 - $23,500

= $20,700

Net income:

= Annual Income before Taxes × ( 1 - T)

= $20,700 × 0.66

= $13,662

Annual operating cash flow:

= Net income + Depreciation

= $13,662 + $ 23,500

= $37,162

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Last year, you purchased 400 shares of Analog stock for $12.92 a share. You have received a total of $136 in dividends and $4,30
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Answer:

-$16.78%

Explanation:

Given that

Proceeds from selling the shares = $4,301

Beginning price = $12.92

The computation of capital gains yield is shown below:-

End price per share

= $4,301 ÷ 400

= $10.7525 per share

Capital gains yield = (End price - Beginning price) ÷ Beginning price

= ($10.7525 - $12.92) ÷ $12.92

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4 0
2 years ago
Suppose that in Year 1 daily sales at Dave's Deli daily totaled $1,000, and daily sales at Bertha's Burgers totaled $1,500. In Y
kolezko [41]

Answer:

30%

Explanation:

Given that,

In year 1:

Dave's Deli sales = $1,000

Bertha's Burgers sales = $1,500

In year 2:

Dave's Deli sales = $1,300

Bertha's Burgers sales = $1,800

Therefore,

percentage change in sales for Dave:

= [(Change in sales) ÷ sales in year 1] × 100

= [($1,300 - $1,000) ÷ $1,000] × 100

= ($300  ÷ $1,000) × 100

= 0.3 × 100

= 30%

Therefore, the Dave's sales increases by 30%.

4 0
2 years ago
Last year, Nikkola Company had net sales of $2,299,500,000 and cost of goods sold of $1,755,000,000. Nikkola had the following b
viktelen [127]

Answer:

Average receivables = $157,500,000

Explanation:

<em>Account receivable represent the amount of credit made by a business which remain uncollected as at the reporting date. In other words, they represent the amount that customers are owing the business in respect of credit sales.</em>

Average account receivables

=(opening balance + closing balance)/2

=( $142,650,000 + $172,350,000)/2

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2 years ago
Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne
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Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.


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2 years ago
You have lunch with a friend who was recently promoted to a management position. “congratulations!” you say. but she looks at yo
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<span>I look at her curiously after hearing her response before proceeding to respond, "Why aren't you? I thought you getting promoted was a sure thing from the last time we talked and I even overheard some of your bosses talking about it when I came to pick you up the other day." I questioned.</span>
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