Presented below are a number of balance sheet items for Cheyenne, Inc., for the current year, 2017.
Goodwill $126,830 Accumulated Depreciation-Equipment $292,290
Payroll Taxes Payable 179,421 Inventory 241,630
Bonds payable 301,830 Rent payable (short-term) 46,830
Discount on bonds
payable 15,290 Income taxes payable 100,192
Cash 361,830 Rent payable (long-term) 481,830
Land 481,830 Common stock, $1 par value 201,830
Notes receivable 447,530 Preferred stock, $10 par value 151,830
Notes payable (to banks) 266,830 Prepaid expenses 89,750
Accounts payable 491,830 Equipment 1,471,830
Retained earnings ? Debt investments (trading) 122,830
Income taxes receivable 99,460 Accumulated Depreciation-Buildings 270,490
Notes payable
(long-term) 1,601,830 Buildings 1,641,830
Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same. (List Current Assets in the order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.)

Answers

Answer 1

Answer:

Cheyenne, Inc.

Classified Balance Sheet as for the year ended December 31, 2017:

Assets:

Current Assets:

Cash                                       $361,830

Notes receivable                    447,530

Inventory                                 241,630

Prepaid expenses                   89,750

Income taxes receivable        99,460

Total current assets                                                1,240,200

Land                                                         481,830

Debt investments (trading)                    122,830

Buildings                              1,641,830

Accumulated Depreciation  270,490   1,371,340

Equipment                            1,471,830

Accumulated Depreciation  292,290 1,179,540  3,155,540

Goodwill                                                                    126,830

Total Assets                                                       $4,522,570

Liabilities and Equity:

Current Liabilities:

Rent payable (short-term)    46,830

Discount on bonds  payable 15,290

Payroll Taxes Payable         179,421

Accounts payable              491,830

Notes payable (to banks) 266,830

Income taxes payable       100,192

Total Current Liabilities                                       $1,100,393

Noncurrent Liabilities:

Bonds payable                       301,830

Rent payable (long-term)      481,830

Notes payable  (long-term) 1,601,830

Total noncurrent liabilities                                $2,385,490

Shareholders' Equity:

Common stock, 400,000 shares authorized, $1 par value

Issued and outstanding 201,830 shares  201,830

Preferred stock, 200,000 shares authorized, $10 par value

Issued and outstanding, 15,183 shares    151,830   353,660

Retained earnings                                                   683,027

Total Liabilities and Equity                                $4,522,570

Explanation:

a) Data:

Goodwill $126,830

Accumulated Depreciation-Equipment $292,290

Payroll Taxes Payable 179,421

Inventory 241,630

Bonds payable 301,830

Rent payable (short-term) 46,830

Discount on bonds  payable 15,290

Income taxes payable 100,192

Cash 361,830

Rent payable (long-term) 481,830

Land 481,830

Common stock, $1 par value 201,830

Notes receivable 447,530

Preferred stock, $10 par value 151,830

Notes payable (to banks) 266,830

Prepaid expenses 89,750

Accounts payable 491,830

Equipment 1,471,830

Retained earnings ?

Debt investments (trading) 122,830

Income taxes receivable 99,460

Accumulated Depreciation-Buildings 270,490

Notes payable  (long-term) 1,601,830

Buildings 1,641,830

b) Cheyenne Inc.'s balance sheet for the year is classified into current assets and noncurrent assets, current liabilities and noncurrent liabilities, and shareholders' equity.  This accords with the accounting equation that shows that assets are equal to liabilities and owner's' equity.  The implication is that every transaction affects the two sides of the accounting equation and will be ultimately reflected in the balance sheet.


Related Questions

Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $480,000, 36%, and $9,600, respectively. The North Division’s contribution margin and contribution margin ratio are $92,000 and 40%, respectively. The South Division’s segment margin is $32,500. The company has $62,400 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3

Answers

Answer:

                                 Shannon Company

                         Segmented Income Statement

                                 Total Company        North                     South

                                                                   Division                 Division

Total sales                  480,000  100%      230,000  47.9%    250,000 52.1%

Variable costs            307,200   100%      138,000   44.9%    169,200  55.1%

Contribution margin   172,800   100%       92,000   53.2%     80,800  46.8%                        

Traceable fixed          100,800   100%       52,500   52.1%      48,300  47.9%

Segment income         72,000   100%       39,500   54.9%     32,500  45.1%

Common fixed             62,400   100%

Net income                    9,600   100%

North's total sales = $92,000 / 40% = $230,000

South's total sales = $480,000 - $230,000 = $250,000

South's contribution margin = $172,800 - $92,000 = $80,800

Total segment income = common fixed + net income = $62,400 + $9,600 = $72,000


Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?

a) it made the products more consistent in various stores
b) franchise law demands is kind of central production
c) It is always cheaper to use this method
d) The company was having problems with distributors

Answers

Answer:

Option A

Explanation:

In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company.  Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.

They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,

The fictional school: Oakland Community College increases the income tax rate so that tax revenues increase by $70 million. Government spending also increases by $70 million and consumption falls by $10 million. If GDP remains the same and Oakland Community College is a closed economy, then investment a. increases by $140 million. b. increases by $70 million. c. decreases by $60 million. d. decreases by $80 million.

Answers

Answer: c. decreases by $60 million

Explanation:

The formula for Gross Domestic Product (GDP) in a closed economy using the Expenditure method is;

GDP = Consumption + Government Spending + Investment

Therefore;

Investment  = GDP - Consumption - Government Spending

GDP remained the same = $0

Consumption fell by $10 million = -$10 million

Investment = 0 - (-10) - 70

Investment = - $60 million

In one of her weekly live videos, the Federal Reserve Chairman remarked that inflation had begun to tick upward. However, unemployment in the U.S was still quite high and economic growth had slowed. With short-term interest rates close to 0 (zero), the Chair did not visualize that ____________ policy would be able to do anything for the high unemployment problem. She felt that _______ policy would be more useful for bolstering employment, but that would require local and state governments and the federal government to provide tax breaks for corporations.

Answers

Answer:

Monetary, Fiscal

Explanation:

Interest rate can be easily be said to be the amount due on an a loan. Monetary policies usually involve rules and regulation regarding money and how it affects the economy and sub-sections of the economy.

In the question, monetary policy h nothing to do to the state of unemployment in the US since no unemployed persons can be taking loans as there would not be a means to pay back.

Fiscal policy on the other hand can be defined as the use of a government's revenue collections and expenditure to influence an economy. This means that the government of any country uses collections such as taxes or tax cuts to improve the situation of the country.

From the above question, a fiscal policy can be used to tackle the unemployment in the US as the government can channel its expenditure and collections to the creation of jobs through establishment of companies and other opportunities.

Cheers.

On January 1, the Elias Corporation issued 10% bonds with a face value of $113,000. The bonds are sold for $110,740. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, ten years from now. Elias records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 of the first year is.

Answers

Answer:

The bond interest expense for the year ended December 31, of the first year is $5,650

Explanation:

We will need to calculate the total annual interest expense on the bond which we are given as 10% of the face value. We will then divide the total interest on the bond by 2 because the pays semi-annual interest.

Total interest expense on the bond will therefore be ; 10% × $113,000

= $11,300

Semi-annual interest expense will now be ;

= $11,300/2

= $5,650

Tyrell has a bankruptcy on his credit report and therefore pays higher interest rates on his current loans. He calculates that the extra money he pays in additional interest each year, if invested at the rate of 2.5% for one year, could earn him simple interest totaling $300. How much does Tyrell pay in additional interest each month?

Answers

Answer: $1000

Explanation:

From Tyrell's calculation, if he invests his additional credit card payment at the rate 2.5% per annum for one year could earn him simple interest totaling $300

Recall:

Simple interest = principal × rate × time

Principal = additional credit card payment

$300 = principal(P) × (2.5/100) × 1

$300 = P × 0.025 × 1

$300 / 0.025 = P

P = $12,000

Therefore, additional payment per year = $12,000

Monthly payment thus equals :

$12,000 / 12 = $1000

Answer:

c. $1,000

Explanation:

edge 2020

For a depository institution, reserves are: liabilities it owes to customers. assets on the balance sheet. borrowings from the central bank. checkable deposits. loans to individuals and businesses

Answers

Answer:

assets on the balance sheet.

Explanation:

Reserves are percentages of deposits that are required for depository institutions to keep to meet unforeseen contingency. they are usually kept in bank vaults

they are assets and they cannot be lent out

The________includes a message source that encodes an idea into a message and transmits the message through some medium. Marketing messages exploit a variety of appeals and message structures. The message is transmitted using one of several different communications media and is finally delivered to a receiver, who decodes the message and may provide feedback to the source. Anything that interferes with the communication is called noise.

Answers

Answer: Traditional communication model

Explanation:

The Traditional Communication Model was mostly a one-way street where advertisers spoke to customers and may or may not have received feedback.

It worked like this;

A advertising agency (source) made up a message ⇒ message is then transmitted through a medium such as a newspaper or television ⇒ message is then seen/ delivered to consumer (receiver).

The consumer may then choose to reply or rather provide feedback through indirect means such as buying the good or service that was advertised.

Suppose that Barack and Michelle are duopolists. Barack is producing 300 units of output, and Michelle is producing 400 units of output. When Michelle produces 400 units, Barack maximizes profit by producing 300 units. When Barack produces 300 units of output, Michelle maximizes profit by producing 400 units. Barack and Michelle are

Answers

Answer:

Barack and Michelle are  at a Nash equilibrium

Explanation:

They are at a Nash equilibrium i.e. they are producing at a point were they will be making a profit of irrespective of the strategy choose by the other firm in the market.

In a Nash equilibrium, every person in a group makes the best decision for herself, based on what she thinks the others will do

If a company is considering the purchase of a parcel of land that was acquired by the seller for $87,000 is offered for sale at $154,000, is assessed for tax purposes at $97,000, is considered by the purchaser as easily being worth $144,000, and is purchased for $141,000, the land should be recorded in the purchaser's books at:

Answers

Answer:

$141,000

Explanation:

The company must record the land at the price at which it purchases it. In this case, the company purchased the land at $141,000, so following the historical cost principle (accounting principle), that is the value.

The historical cost principal (under US GAAP) states that any asset must be recorded at the price at which is was acquired even if their market value might be different.

The purpose of stock valuation isGroup of answer choicesof limited value, since the efficient market hypothesis proves that all common stock is always fairly priced.to find common stocks whose market price equals the intrinsic value.to determine whether the common stock's value is fairly represented by its market price.to set the fair market price for a given common stock.

Answers

To determine whether the value of the common stock is fairly represented by its market price.

You are a consultant specializing in estimating the costs after the employees learn how to do a job more efficiently by repetition. Your client can produce a product the first time at a cost of $2,500. If their 65 percent learning curve allows them to reduce their costs on each product, what is the total cost of producing 400 units of the new product?

Answers

Answer:

$58,600

Explanation:

The computation of the total cost for producing the 400 units for the new product is shown below:

= Learning curve at 65% for producing 400 units × cost for produced first time

= 23.44 × $2,500

= $58,600

By multiplying the Learning curve at 65% for producing 400 units with the cost i.e produced first time so that the total cost could come and the same is to be considered

Ravina is the owner of a large bakery that specializes in customized cupcakes for special occasions. When she refurnishes her kitchen, she finalizes a layout that groups various kitchen appliances and equipment according to the type of task they perform. According to Ravina, such a layout will help her in customizing small orders. Given this information, it can be inferred that Ravina has chosen a _____ for her kitchen.

Answers

>>>>>>————Layout————<<<<<

f foreign investmentforeign investment fell by​ 100%, it would be cut in half.​ Thus, a decrease of​ 200% means that it would be totally​ eliminated, and a decrease of more than​ 200% is impossible. B. The actual amount of the decrease in foreign investmentforeign investment is less than​ 100%. C. The statement does not mention the initial amount of foreign investmentforeign investment.

Answers

Answer:

if foreign investment fell by 100% it would be totally eliminated, so it not possible for it  to fall by more than 100%

Explanation:

Since in the question it is given that reduction of the western investment for the third world countries consist that foreign investment falls by 350% for the year 1990s

So if we go through the options, the wrong statement is the last one as it shows that the foreign investment fall by 100% i.e to be fully eliminated

Hence the other options are wrong

One of the easiest methods of diversifying away firm-specific risks is to: Multiple Choice build a portfolio with 40 to 55 individual stocks. buy only stocks with a beta of 1.0. purchase stocks that plot above the security market line. purchase the shares of an index fund.

Answers

Answer:

Option D. purchase the shares of a Index fund.

Explanation:

The reason is that the index funds are itself a mutual fund investment and they follow preset rules which helps an ordinary investor to understand those rules easily. Furthermore, they are already a diversified investment, hence investing in the shares of mutual fund makes the investment risk diversified investment.

Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-owned water and sewerage system for the entire country. It promises to make the nation's water and sewerage system run as efficiently and profitably as the one it operates in Manila. The development, maintenance, and allocation of resources to achieve its goal will require:

Answers

Answer:

Planning

Explanation:

Planning can be defined as what is needed and required to achieve a desired goal because PLANNING is the first and foremost activity often needed to achieve a desired goal or results reason been that PLANNING involves the creation as well as the maintenance of a plan and it helps to achieve objectives which is why every organization or company always has certain objectives in which they keep on working hard to fulfill these goals and objectives which in turn helps the organization to achieve their aims.

Therefore based on the information given about Manilla water the development, maintenance, and allocation of resources to achieve its goal will require PLANNING.

Shakira has a balance of $202.86 in her checking account on Saturday morning. She uses her debit card to pay her cell phone bill of $80.73 over the phone. She then picks up her dry cleaning, dog food at the pet store and groceries for debits of $16.89, $35.24, and $113.92. Shakira’s bank uses a balance system of deducting highest transactions first. The bank will not return amounts up to a total of $50 in overdraft, but they do charge a fee for each overdraft. How many overdraft fees will Shakira incur

Answers

Answer:

Shakira's bank will charge her 2 overdraft fees for purchasing dog food and her dry cleaning bill.

Explanation:

Shakira's initial balance $202.86

- groceries $113.92

balance = $88.94

- cell phone bill $80.73

balance = $8.21

- dog food $35.24

balance = $27.03  ⇒  OVERDRAFT 1

- dry cleaning $16.89

balance = $43.92  ⇒  OVERDRAFT 2

The number of overdrafts incurred by Shakira is: Two overdrafts.

Overdrafts and Checking accounts

According to the question;

She has a balance of $202.86.

Hence, upon the cell phone payment and the groceries debit which are first deducted;

New balance = $202.86 - $80.73 - $113.92 = $8.21.

Hence; The other debits result in an overdraft as follows;

$8.21 - $16.89 = - $8.68 ....1st overdraft.

- $8.68 - $35.24 = -$43.92.....2nd overdraft.

Read more on overdraft;

https://brainly.com/question/26142542

Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.Dividends Declared & PaidYear 1 $ 0Year 2 $ 6,000Year 3 $ 32,000The amount of dividends paid to preferred and common shareholders in Year 2 is:

Answers

Answer:

Preferred shareholders $6,000

Common shareholders = $0

Explanation:

Preference Stock holders have preference over Common stock holders when it comes to payment of dividends.

Also if the preference stocks are cumulative, previous dividends in arrears have to be settled before any distributions are made to common stockholders.

Preference Stock dividend per year is constant and is calculated as follows.

Preference Stock dividend =  7,000 × $10 × 5%

                                             =  $3,500

Year 1

No dividend was declared and paid.

Preference Stock dividend in arrears is  $3,500.

No dividend is available for Common stockholders

Year 2

Dividend declared and paid amount to $6,000

Preference Stock dividend in arrears  from first year to be paid is  $3,500.

Preference Stock dividend in current year to be paid is $3,500.

This leaves an arrear of $1,000 to be paid to Preference Stock holders after the payments.

Calculation = $6,000 - $3,500 (Year 1) - $3,500 (Year 2) = $1,000 (Arrears)

No distributions are available for Common stockholders.

Conclusion :

The amount of dividends paid to preferred and common shareholders in Year 2 is:

Preferred shareholders $6,000

Common shareholders = $0

Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $992,000 and sales for the year total $11,240,000. The allowance account before adjustment has a credit balance of $13,400. Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a credit balance of $13,400. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $42,900. The allowance account before adjustment has a debit balance of $5,300. Bad debt expense is estimated at 1/2 of 1% of sales. The allowance account before adjustment has a debit balance of $5,300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $44,000. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a. $ b. $ c. $ d. $

Answers

Answer:

a) Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a credit balance of $13,400.

Dr Bad debt expense ($28,100 - $13,400) 14,700

    Cr Allowance for doubtful accounts 14,700

b) The allowance account before adjustment has a debit balance of $5,300.

Dr Bad debt expense ($28,100 - $5,300) 22,800

    Cr Allowance for doubtful accounts 22,800

c) Bad debt expense is estimated at 1/2 of 1% of sales.

Dr Bad debt expense ($56,200 - $13,400) 42,800

    Cr Allowance for doubtful accounts 42,800

d) An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $44,000.

Dr Bad debt expense ($44,000 - $13,400) 30,600

    Cr Allowance for doubtful accounts 30,600

Explanation:

accounts receivable $992,000

total sales for the year $11,240,000

allowance for doubtful accounts $13,400

total estimated bad debt = 0.25% x $11,240,000 = $28,100

total estimated bad debt = 0.5% x $11,240,000 = $56,200

" Brad always buys and uses Nike brand golf balls. If he finds a Titlelist or Callaway ball in the rough, he gives it away. Brand loyal golfers like Brad allow Nike to charge a higher price and not lose many sales. Nike has effectively: "

Answers

Answer:

b. reduced the price elasticity of demand for its products.

Explanation:

The price elasticity of demand refers to the relationship between the percentage change in the price of a good and the percentage change in the quantity demanded

Like it in the question, it is mentioned that Nike charged a higher price and does not want to lose many sales which results that it declines the price elasticity of product demands

Which of the following does not appear on the asset side of a bank's balance sheet? Question 19 options: a) required reserves b) checkable deposits c) loans d) excess reserves

Answers

Answer: b) checkable deposits

Explanation:

Checkable Deposits are the deposits by customers into the bank. The bank uses these funds to make loans that it issues out to others. It is recorded as a liability on a Banks Balance sheet because it represents that the bank owes its customers.

Albinson Company paid $96,000 for a two-year insurance policy on October 1 and recorded the $96,000 as a debit to Prepaid Insurance and a credit to Cash. What adjusting entry should Albinson make on December 31, the end of the accounting period (no previous adjustment has been made)

Answers

Answer:

Debit Insurance expense    $12,000

Credit Prepaid Insurance    $12,000

Explanation:

When insurance is paid in advance, the entries required are  

Debit Prepaid Insurance

Credit Cash account

As time elapses and the insurance expires,

Debit Insurance expense

Credit Prepaid Insurance

Monthly insurance expense

= 1/24 * $96,000

= $4,000

Between October 1 and December 31 is 3 months

Total insurance expense = 3 * $4,000

= $12,000

ullbright Company sold goods to Blue Dirt Company for $400,000 in exchange for a 4-year, zero-interest-bearing note with a face amount of $629,406 (imputed rate of 12%). The goods have an inventory cost on Fullbright’s books of $240,000. What amount of Sales Revenue should Fullbright recognize in 2017?

Answers

Answer:

The amount of Sales Revenue Fullbright should recognize in 2017 is $400,000

Explanation:

The total value of $629,406 of the note includes the amount of interest revenue which would be $229,406 which is gotten from (629,406-400,000). The value of sales revenue will be $400,000

The amount of Sales Revenue Fullbright should recognize in 2017 is $400,000

Question 8 of 25
A factory laying off a lot of workers in a town is most likely to lead to which of
the following?
O A. Economic recovery.
B. A buyer's market.
C. Increase in population density.
O D. Rise in housing investment.
CIT

Answers

Answer:

B. A buyer's market

Explanation:

Answer: A buyer's market

Explanation:

When Callie wants to obtain information to research changes in her market or determine what her customers are likely to want in the future, she relies on the articles and data available in trade journals, feedback from surveys, and personal interviews of her customers. Which of the following statements about Callie's sources of information is most accurate?
A. Callie is relying entirely on primary data for her research needs.
B. Callie is relying entirely on secondary data for her research.
C. The surveys and personal observations provide primary data, while the journals provide secondary data.
D. The surveys and personal observations provide secondary data, while the journals provide primary data.

Answers

Answer:

C. The surveys and personal observations provide primary data, while the journals provide secondary data.

Explanation:

Primary data is defined as data obtained from analysis of a sample or population of interest.

Secondary data is one that is obtained from primary data. That is primary data that is put to some use.

In the given scenario the surveys and personal interviews of the customer are a primary source of data. Directly from the customer.

Data from journals is a secondary data source, as this contains information from previous studies (other primary data).

Drs. James and Janet Baker saw that many people experienced difficulty and frustration when typing, some because of physical disabilities. So they invented a voice recognition software to allow users to talk to the computer. Their ideas have become Dragon Naturally Speaking, a popular talk-to-type software application. Which of these statements describes their startup?
A) Borrow heavility from existing products or services.
B) Combine two businesses to create a market opening.
C) Begin with a problem in mind or a pain you can relieve.
D) Recognize a hot trend and ride the wave.

Answers

The answer is C) Begin with a problem in mind or a pain you can relieve

Charles wants to survey recent customers about the quality of service they received. He has customers' mailing and e-mail addresses. Charles will likely use an online survey primarily because it offers: Group of answer choices more lying by respondents. a chance to exclusively ask unstructured questions. a more inexpensive and quick way to receive and process results. relatively low response rates. improved question design.

Answers

Answer:

a more inexpensive and quick way to receive and process results

Explanation:

Online surveys are cheap because in most cases they can be freely sent and distributed on the internet, for example, to the e-mails of the customers.

And they are also easy to process. Finally, they are likely to be responded by many customers as long as they are not too complicated or bothersome. For this reason, they should be short, have very concise and clear questions, and offer privacy to customers if necessary.

The results can be easily analyzed manually or with specialized software.

Shrives Publishing recently reported $13,000 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,550. These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow?

Answers

Answer: $3762.50

Explanation:

Given the following :

Sales = $13,000

Operating Cost other than Depreciation = $5,500

Depreciation = $1250

Bond value = $3,500

Interest rate = 6.25%

Tax rate = 35%) = 0.35

Expenditure on fixed assets and net operating working capital = $1,550

What was its free cash flow?

Free cash FLOW (FCF) = EBIT(1 - tax rate) + depreciation - ( Expenditure on fixed assets and net operating working capital)

EBIT = Earning before income tax;

EBIT = SALES - Operating Cost other than DEPRECIATION - DEPRECIATION

EBIT = $13000 - $5500 - $1250 = $6250

FCF = $6250(1 - 0.35) + $1250 - $1550

FCF = $6250(0.65) + $1250 - $1550

FCF = $4062.50 + $1250 - $1550

FCF = $3762.50

Economist Jones favors a constant-money-growth-rate rule. She says that if the annual money supply growth rate each year is equal to the average annual growth rate in Real GDP, price stability will exist over time. What would economist Smith, who favors activist monetary policy, say to economist Jones?

Answers

Answer: d. b and c

Your analysis assumes that velocity is constant, and it is not.

Your analysis assumes that you can correctly define the money supply

Explanation:

Here are the options for the question:

a. Your analysis assumes that Real GDP is constant over time, and it is not.

b. Your analysis assumes that velocity is constant, and it is not.

c. Your analysis assumes that you can correctly define the money supply.

d. b and c

e. a, b and c

According to the constant-money-growth-rate rule, the government should target money growth rate in a way that it will be equal to growth rate of the real GDP.

The likely thing that economist Smith, who favors activist monetary policy would say to economist Jones is that Jones is assuming velocity will be constant, and is also correctly defining the money supply which should not.be the case as velocity isn't always constant.

It's Saturday night; you are planning to go to a friend's house to hang out. Before you leave, you have a heated argument with your parents about when to be home. List 3 physical side effects of anger/stress and explain how they can impact your driving

Answers

Answer:

One reason is speeding in those "heated situations" we tend to go faster than normal trying to escape or forget the problem at hand or putting it behind you

Second reason is driving aggressive when your upset you tend to “take your wrath” out on people who cut you off or don’t use their turn signals or push you

The third reason would be not seeing clearly. Your emotions impact your everyday life so whenever you are in one of those heated situations make sure to calm yourself down first before doing anything.

Explanation:

One factor is that when things get "hot," we tend to drive faster than usual to flee, forget about, or move past the issue at hand. The second reason is that those who cut you off, don't use their turn signals, or shove you are likely to "take your wrath" out on you when you're angry and drive aggressively. Lack of vision would be the third factor. Your daily actions are influenced by your emotions, therefore if you find yourself in one of these hot situations, take a moment to collect yourself before acting.

What is the Lack of Vision?

Lack of vision can result from a wide range of eye diseases, however, the following are the most typical ones: Macular aging and degeneration (AMD) and Cataracts. diabetic retinal disease 

The term "lack of vision" refers to a loss of eyesight with some remaining eyesight. It pertains to people with sight who, even with glasses or contact lenses, are unable to read the newspaper at a typical reading distance.

Even if your eyesight does not match our definition of blindness, you may be eligible for disability payments if it keeps you from working either on its own or in conjunction with other health issues. You must have worked long sufficiently in a position that required Social Security taxes to be eligible for SSDI benefits.

Learn more about the Lack of Vision here:

https://brainly.com/question/28457624

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