Squat XFit Inc. reported the following activities and select balance sheet items ($ in millions).Select results during year ending December 31, 2020 Revenue 453.2Interest expense 12.5Depreciation expense 43.2Stock based compensation 12.5Tax rate 40%Net income 134.5Balances as of: 12/31/2019 12/31/2020Accounts payable 120.5 130.5Accounts receivable 74.8 82.4Common Stock & APIC 146.4 163.5Deferred revenue 453.0 532.0Inventory 132.6 143.2Current portion of debt 214.0 275.0Net PP&E 212.7 246.0Pre-paid expenses 50.0 35.0Treasury stock (112.3) (123.2)Accrued wages 67.8 72.5Other comprehensive income 12.1 13.5 Calculate cash flow from operations for the year ending 12/31/2020:A. $204.7 millionB. $250.7 millionC. $271.3 millionD. $280.7 million

If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.