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Anastaziya [24]
1 year ago
15

Williamsburg Market is an all-equity firm that has net income of $96,200, depreciation expense of $6,300, and an increase in net

working capital of $2,800. What is the amount of the net cash from operating activity?a. $91,300b. $99,700c. $93,400d. $105,300e. $113,700
Business
1 answer:
Tanzania [10]1 year ago
4 0

Answer:

Option (b) is correct.

Explanation:

Given that,

Net income = $96,200

Depreciation expense = $6,300

Increase in net working capital = $2,800

Net cash from operating activity:

= Net income + Depreciation expense - Increase in net working capital

= $96,200 + $6,300 - $2,800

= $99,700

Therefore, the amount of the net cash from operating activity is $99,700.

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Rizzo Company has debentures ($1,000 par) outstanding that are convertible into the company's common stock at a price of $25. Th
Phantasy [73]

Answer:

A. $880

B. -$752.23

Explanation:

Calculation to determine the conversion value of the issue

First step is to calculate the Conversion ratio using this formula

Conversion ratio=Per value of security/ Conversion price

Let plug in the formula

Conversion ratio=$1,000/$25

Conversion ratio=40

Now let determine the Conversion value using this formula

Conversion value =Conversion ratio*Conversion price

Let plug in the formula

Conversion value=40*$22 per share

Conversion value=$880

Therefore the conversion value of the issue is $880

B. Calculation to determine the Straight bond value of the issue

Using financial calculator to the Present Value (PV)

PMT=8%*1,000=80

N=12 years

1/Y=12%

FV=1,000

PV=-$752.23

Therefore the Straight bond value of the issue is -$752.23

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2 years ago
Jingfei, an employee of Chinese origin, works as a sales representative at Global Recyclers International. Her supervisor, Ralph
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Answer:

idkdidkidkd

Explanation:

bc idkidkdidkidkd

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1 year ago
easynotrcards Under a fixed exchange rate regime, if the domestic currency is initially undervalued, that is, above par, the cen
Alina [70]

Answer:

D) foreign; domestic

Explanation:

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Answer:

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d. Inadequate report including

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Evgesh-ka [11]

Answer:

Increased responsibility for corporate officers

Explanation:

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It was also revealed that both broad-based changes and cross-sectional changes (by firm size) occurred <u>because Board committees meet more often post-SOX</u> and Director and Officer insurance premiums have doubled.

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