INT.ACCOUNTING-CONNECT+PROCTORIO PLUS
10th Edition
ISBN: 9781266373862
Author: SPICELAND
Publisher: INTER MCG
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Students have asked these similar questions
During 2025, Pharoah Industries reported cash provided by operations of $985000, cash used in investing of $851000, and cash used
in financing of $236000. In addition, cash spent on plant assets during the period was $342000. Average current liabilities were
$806000 and average total liabilities were $2128000. No dividends were paid. Based on this information, what was Pharoah's free
cash flow?
$643000
($748000)
($179000)
$134000
solve qn properly.Question:A company has the following information:
Beginning Inventory: $50,000Purchases: $120,000Ending Inventory: $60,000The company uses the periodic inventory system. What is the cost of goods sold (COGS) for the period?
Budgeted variable costs per unit are $45, and budgeted total fixed costs are $180,000 for the year.
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- You estimate the machine will have a useful life of 3,000,000 units and a residual value of $15,000.arrow_forwardThe firm's annual sales (all on credit) are about R2.5 billion, it's cost of goods sold represents above 70 percent of sales, and purchases represent about 45 percent of the cost of goods sold.arrow_forward?!arrow_forward
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