Camellia Blooms Ltd has cash from operating activities of $59746. It has incurred capital expenditure of $49896,
Question:
Camellia Blooms Ltd has cash from operating activities of $59746. It has incurred capital expenditure of $49896, of which $36300 was for additional equipment. Calculate the entity’s free cash flow. Comment on what the figure indicates.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
The entitys free cash flow is determined by subtracting ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
Question Posted:
Students also viewed these Business questions
-
Fred Cars Ltd has cash from operating activities of $67 893. It has incurred capital expenditure of $56 700, of which $41 250 was for additional equipment. Calculate the entity's free cash flow....
-
Curwen Inc. reported net cash flow from operating activities of $357,500 on its statement of cash flows for the year ended December 31, 2014. The following information was reported in the Cash Flows...
-
Curwen Inc. reported net cash flow from operating activities of $357,500 on its statement of cash flows for the year ended December 31, 2016. The following information was reported in the Cash Flows...
-
Why do you suppose P&Gs marketing research includes face-to-face interviews for the situation described in this case? Would other forms of marketing research also be useful in this situation? Explain...
-
If you were a business communication instructor and received this email from a student, how would you react? Analyze your instructor as an audience for this students message, and consider changes the...
-
Selected worksheet data for Wong Landscaping are presented below. Instructions a. Fill in the missing amounts (all amounts in ). b. Prepare the adjusting entries that were made. Adjusted Trial...
-
Fun-Tastic Shows, Inc., is a company that hosts carnivals and similar events. Susan Swartwood, Crystal Groth, and a minor (named in the case as M.G.S.) attended Fun-Tastics Rhododendron Festival in...
-
Sellmore.com uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end Instructions(a) Calculate the total estimated bad...
-
According to the Civil Code of the Philippines, Article 1 7 6 7 defines partnership as: By the contract of partnership two or more persons bind themselves to contribute money, property, or industry...
-
Campus Theater adjusts its accounts every month. The companys unadjusted trial balance dated August 31, 2015, is on page 176. Additional information is provided for use in preparing the companys...
-
Corporate Catering Ltds capital expenditure for the current year of new equipment was $146900. Current liabilities and non-current liabilities were $48590 and $682800 respectively. Sales for the...
-
The sole trader of Pentland Store has approached you for a loan. You note that the closing cash balances for the last two years were $10920 and $13650 respectively. Pentland Store also took out a...
-
Give an example of the conditional probability of an event being the same as the unconditional probability of the event.
-
What project charter component documents significant points or events in the project and, per the author, may be developed most effectively when combined with other information such as acceptance...
-
Why is it important to conduct a lessons learned discussions at project closeout?
-
Who should be involved in identifying potential projects?
-
Which of the following is both a domain and a delivery principle according to the PMBOK 7e? a. Value b. Stakeholders c. Measurement d. Holistic thinking
-
List and describe each of the managerial and associate project roles.
-
What are the environmental effects of generating electricity with conventional nuclear fission, and how do they compare to the environmental effects associated with burning coal?
-
In Problem use geometric formulas to find the unsigned area between the graph of y = f(x) and the x axis over the indicated interval. f(x) = x + 5; [0, 4]
-
Chalkboard was commenced by Louis Turner. Chalkboard is an innovative technology company that provides a platform for the posting of best-practice teaching videos and commentary. Its strategy is...
-
According to Telstras 2018 Remuneration report, 40 per cent of the executive variable remuneration plan (EVP) was based on customer performance measures. Discuss the reasons why the board has linked...
-
Swinton Industries operates in the IT industry, producing and selling computer and IT equipment. It is structured along functional lines (research and design, production, marketing and so on) and,...
-
What would be the journal entry (specifically the accounts) to record this additional future restoration cost (previous question) but under ASPE requirements?
-
What is the time frame for each entry being put into the portfolio?
-
Assume the company estimates that an additional future restoration cost of $1,000,000 occurs as a result of activities during 2023. This cost is associated with the use of the rollercoasters and is...
Study smarter with the SolutionInn App