Answer: Option (C) is correct.
Explanation:
Given that,
Net cash provided by operating activities = $34
Income taxes = $12
Capital expenditures = $24
Cash dividends = $7
Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure
= $34 - $7 - $24
= $3
Therefore, the company's free cash flow was $3.
Answer:
Inferior good
Explanation:
Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.
In short, the demand of the inferior goods is related inversely to the customer or person income.
So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.
Answer: d. Make sure to change the position and company name in the objective.
Setting the job objective is the first step of any resume.
The manner in which the objective of a resume is framed conveys a lot of information to the prospective employer.
A well defined objective must use industry vocabulary, demonstrate research into the job or position that is being applied for and reflect the incumbent's abilities and interests.
Hence it is imperative to change the position and company name in the resume's objective while tailoring a resume.
Answer with its Explanation:
Step 1:
First of all record a loan of $3 million loan:
Dr Bank $3,000,000
Cr Loan $3,000,000
Step 2:
Finance charge will be 3% on this loan amount:
Dr Finance Charge $3million *3% = $90,000
Cr Bank $90,000
Step 3:
The interest on the note is 7% which is $70,000. So the journal entry would be:
Dr Interest Expense $70,000
Cr Interest payable $70,0000
Answer:
1000 000 (1 million)
Explanation:
(number of unemployed/ labour force)=0.1
(100 000/0.1)=workforce
workforce= 1000 000
