Bianchi Crafts has an operating cash flow of $4,267 and depr…
Bianchi Crafts has an operating cash flow of $4,267 and depreciation of $1,611. Current assets decreased by $1,356 while current liabilities decreased by $2,662, and net fixed assets decreased by $382 during the year. What is free cash flow for the year?
Read DetailsYou have a savings account valued at $1,500 today that earns…
You have a savings account valued at $1,500 today that earns an annual interest rate of 8.7 percent. How much more would this account be worth if you wait to spend the entire balance in 25 years rather than in 20 years? (Assume annual compounding.)
Read DetailsYou want to have $30,500 saved 4 years from today in order t…
You want to have $30,500 saved 4 years from today in order to make a down payment on a house. To fund this, you will make deposits each week from your paycheck into an account that will earn 5.43 percent compounded weekly. How much must you deposit each week?
Read DetailsNirav just opened a savings account paying 2 percent interes…
Nirav just opened a savings account paying 2 percent interest, compounded annually. After four years, the savings account will be worth $5,000. Assume there are no additional deposits or withdrawals. Given this information, Nirav:
Read DetailsAt the beginning of the year, the long-term debt of a firm w…
At the beginning of the year, the long-term debt of a firm was $72,918 and total debt was $138,407. At the end of the year, long-term debt was $68,219 and total debt was $145,838. The interest paid was $6,430. What is the amount of the cash flow to creditors?
Read DetailsAbigail, Blake and Camila plan to launch a business. Abigail…
Abigail, Blake and Camila plan to launch a business. Abigail will fund the venture but wants to limit her liability to her initial investment. She has no interest in the daily operations. Blake will contribute his full efforts on a daily basis but has limited funds to invest in the business. Camila will be involved as a consultant and manager and will also contribute funds. Blake and Camila are willing to accept liability for the firm’s debts as they feel they have nothing to lose by doing so. All three individuals will share in the firm’s profits and wish to minimize the initial costs of organizing the business. Which form of business entity should these individuals adopt?
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