Entries by Hannah Wangui

A company sold PP& amp; E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240

November 20, 2020 in /by

A company sold PP& amp; E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What is the operating cash flow in this transaction?   Looking for a Similar […]

 

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Which of the following transactions would result in the change in Is inventory on the SCF being a different number than the change in Inventory on the Balance Sheet? (Check all that apply

November 20, 2020 in /by

Which of the following transactions would result in the change in Is inventory on the SCF being a different number than the change in Inventory on the Balance Sheet? (Check all that apply) 1- Some of the inventory was stolen by employees. 2- Some of the inventory was purchased on account. 3-Some of the inventory […]

 

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A company had a Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other expenses were $500. What was the Company’s EBITDA?

November 20, 2020 in /by

A company had a Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other expenses were $500. What was the Company’s EBITDA?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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During 2015, Rindal Vinyards Inc. had EBITDA of $1000, Depreciation and Amortization Expense of $200, Interest Expense of $100, and Tax Expense of $50. What was Rindal Vinyards’ Net Income in 2015?

November 20, 2020 in /by

During 2015, Rindal Vinyards Inc. had EBITDA of $1000, Depreciation and Amortization Expense of $200, Interest Expense of $100, and Tax Expense of $50. What was Rindal Vinyards’ Net Income in 2015? $750 $950 $1000 $1250 $650   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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