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Snowcat [4.5K]
2 years ago
11

Jetson Spacecraft Corp. shows the following information on its 2019 income statement: sales = $214,000; costs = $91,000; other e

xpenses = $6,100; depreciation expense = $9,100; interest expense = $13,300; taxes = $37,800; dividends = $10,100. In addition, you're told that the firm issued $7,900 in new equity during 2009 and redeemed $9,500 in outstanding long-term debt. What is the 2019 operating cash flow? Hint: OCF = EBIT + Depreciation - Taxes.
Business
1 answer:
worty [1.4K]2 years ago
7 0

Answer:

$79,100

Explanation:

The computation of operating cash flow is shown below:-

EBIT = Sales - costs - other expenses - depreciation expense

= $214,000 - $91,000 - $6,100 - $9,100

= $107,800

Operating cash flow = EBIT + Depreciation expense - Taxes

= $107,800 + $9,100 - $37,800

= $79,100

Therefore for computing the operating cash flow we simply applied the above formula.

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Alex invested $30,000 in cash in his business. How will this entry be posted in the ledger accounts? (You may select more than o
Wittaler [7]

Answer:

1) The $30,000 will be posted to the debit side of the Cash account.

2) The $30,000 will be posted to the credit side of the Common Stock account.

Explanation:

3 0
2 years ago
At the beginning of 2018, ABC began offering a 1-year warranty on its products. The warranty program was expected to cost ABC 4%
s344n2d4d5 [400]

Answer:

$7.2 million

Explanation:

Calculation for the amount of warranty expense on Angel's 2016 income statement

Using this formula

Warranty expense =Net sales ×Expected percentage of net sales

Let plug in the formula

Warranty expense=$180 million×4%

Warranty expense=$7.2 million

Therefore the amount of warranty expense on Angel's 2016 income statement will be $7.2 million

3 0
2 years ago
Jennifer has been working with sniffing and session-hijacking tools on her company network. Since she wants to stay white hat—th
Alex17521 [72]

Answer:

The correct answer is A) Passive.

Explanation:

The term white hat on the Internet refers to an ethical hacker, or an IT security expert, who specializes in penetration tests and other methodologies to detect vulnerabilities and improve the security of an organization's communication and information systems. It also refers to hackers who are not aggressive or do not carry out illegal activities. An ethical hacker is a term invented by IBM. It is used to differentiate hackers who act without malice from those that do, which are better known as crackers or black hat hackers.White hat hackers also usually work in groups known as sneakers or snoopers, red equipment, or tiger team.

4 0
2 years ago
A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i
mylen [45]

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

5 0
2 years ago
Protec Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is
taurus [48]

Answer:

The correct answer is 8.23%.

Explanation:

According to the scenario, the computation can be done as:

WACC of debt = Respective costs of debt× Respective weight of debt

= (0.4 × 5)

= 2

WACC of preferred = Respective costs of preferred × Respective weight of preferred

= (0.15 × 7)

= 1.05

WACC of common equity = Respective costs of common equity × Respective weight of retained earning

= (0.45 × 11.5)

= 5.175

So, Total WACC = WACC of debt + WACC of preferred + WACC of common equity

= 2 + 1.05 + 5.175

= 8.225 or 8.23 (approx.)

3 0
2 years ago
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