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Free cash flow
Iglesias Enterprises, Inc. has cash flows from operating activities of $385,000. Cash flows used for investments in property, plant, and equipment totaled $145,000, of which 80% of this investment was used to replace existing capacity.
a. Determine the free cash flow for Iglesias Enterprises, Inc.
b. How might a lender use free cash flow to determine whether or not to give Iglesias Enterprises, Inc. a loan?
Prepare Sunday Starr's cash budget for January and February in columnar format.
In most organizations, customer satisfaction is one of the top priorities. As such, attention to customers is necessary for success. Briefly describe the four types of demands customers are currently placing on organizational performance.
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The Motor Vehicle Repair Fund ordered supplies at an predictable cost of $92,000 and the supplies ordered in (1) were received at invoice costs of $91,400; these invoices were approved for payment.
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