Answer:Net Income = $68,730 ; Operating cash flow=$181,730
Explanation:
Gross sales $865,000
Less:
Cost of good sold $455,000
selling Expenses $210,000
Total $200,000
Interest on notes $200,00 X 4% = 8,000
Depreciation $105,000
EBT $87,000
( $865,000- $455,000- $210,000- $8,000 - $105,000 )
less tax at 21% $18,270
(87,000 x 0.21)
Net Income $68,730
(87,000 - 18,270)
b) Operating cash flow = Net income + depreciation + interest
$68,730 + $105,000 + $8,000 =$181,730
Answer:
Externship
Explanation:
Externship refers to an agreement between the employer and university wherein the university imparts skills required by the employer from employees which relate to a particular job designation.
Externship enables the employees to gain a short term practical knowledge which is related to their job position. Externship, unlike internship is for a shorter duration and during such a course the volunteered employees supervise the learning process of the externs.
Such a concept is also referred to as Job shadowing.
Hello. You forgot to provide the answer options. The options are:
"A) value of all goods and services produced in the economy this year B) This years prices C) value of all foods and services produced in the economy this year D) the base year's prices E) bought by consumers"
Answer:
The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.
Explanation:
GDP deflator is an economic term that means "implicit price deflator". This term is defined as the price measure for any and all goods and services produced within the country, in the year in question. GDP, in turn, is directly related to this, since it represents the monetary value that each of these goods and services produced during that same year.
The GDP deflator is directly related to the CPI, which is another economic term intended to represent the consumer price index. Through the CPI, the GDP deflator is able to measure the inflation or deflation that occurred in the national economic sector for a given year.
The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.
Answer:
The correct answer is $0
Explanation:
Solution
An Impairment loss recognized when a book value of reporting company is more than its fair value, In the given example, the book value is not more than its fair value or higher than the value, hence the amount of the impairment loss that Antle Inc would record for goodwill at the end of 2021 is: Impairment loss is $0
