c) Capital expenditure = Net fixed asset at the end - Net fixed asset at the beginning + depreciation = $24,421 -. - sales per share What about cash flow to creditors? J. Rainy day fund a. 4. depends; not good for established company but fairly ordinary for a start up company. TAXES = 45,760 (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) EBIT = EBT + INTEREST = 710,000 SHAREHOLDERS EQUITY = TA - LTD - CL Martinez Industries had the following operating results for 2021: Sales = $33,914; Cost of goods sold = $24,016; Depreciation expense = $5,957; Interest expense = $2,690; Dividends paid = $1,960. Bing, Incorporated, has current assets of $6,000, net fixed assets of $23,200, current liabilities of $5,600, and long-term debt of $13,600. Nam lacinia pulvinarsusuaciniacing eipsumsus ante, dapibipsum dosucongipsumec aliquet. If the dividend payout ratio d-1. 1 a. Nam risus ante, dapibus a molestie consequat, ultric, sum dolor sit amet, consectetur adipiscing eli, a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Do not round intermediate calculations and round your At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. X Answer is complete but not entirely correct. limited Operating cash ow c. Cash ow from assets Martinez Industries had the following operating results for 2021: Sales = $33,611; Cost of goods sold = $23,869; Depreciation expense = $5,927; Interest expense = $2,675; Dividends paid = $1,933. Is this necessarily a good sign or a bad sign? What do you conclude about the claim? If no new debt was issued during the year, what is the cash flow to stockholders? a. Cardinal Industries had the following operating results for 2018: Sales = $33,510; Cost of goods sold = $23,820; Depreciation expense = $5,917; Interest expense = $2,670; Dividends paid = $1,924. Cash flow to creditors = Interest Net new LTD, Cash flow to stockholders = Cash flow from assets Cash flow to creditors, Cash flow to stockholders = $1,735 2,705. OCF = EBIT + Depreciation - Taxes = $8,105 + 2,484 - 1,424 = $9,165 At the end of the year, CR = 1.44 answer to the nearest whole number, e.g., 32.) Interest expense = $3,050; Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) been affected by the Ukraine . 5400 + 28100 The tax rate for 2021 was 22 percent. EBT = EBIT - IE At the end of the year, net fixed. Net income b. C. Net income What is net income for 2021? NI = EBT - TAXES Net capital spending = NFAend - NFAbeg + Depreciation A negative answer should be indicated by a minus sign.) What was the firm's 2021 operating cash flow, or OCF? (A negative answer should be indicated by a minus sign. Sales = $38,072; The Market for CEOs: Evidence From Private Equity. Cash ow to stockholders _, Explore over 16 million step-by-step answers from our library, a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. D. HOW MUCH DEBT SHOULD THE FIRM INCUR TO FUND A PROJECT, Determining the number of shares of stock to issue is an example of a ______ decision. current liabilities were $4,511. b. Net new LTD = LTDend - LTDbeg Which one of the following questions involves a capital structure decision? - net income At the beginning of the year, net xed a. Tommi Iivonen | ttiivo [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja . is 30%, calculate the Dividends paid and the Retained earnings. Nataro, Incorporated, has sales of $674,000, costs of $336,000, depreciation expense of $80,000, interest expense of $50,000, and a tax rate of 22 percent. Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: Dividends paid = $1,915. Donec aliquet. a. 2. At the end of the year, Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. What is the operating cash flow for 2021? = (CAend - CLend) - (CAbeg - CLbeg) current assets were $8,025, b. At the end of the year, c. What is the cash flow from assets for 2021? Prepaid freight 2. c. What is the cash flow from assets for 2021? = ($44,591 - 8,281) - ($40,588 - 7,943) - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) NI = DIVIDENDS + RE a. 1. SE = TA - LTD - CL Cost of goods sold, administrative and selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectfully. Martinez Industries had the following operating results for 2021: Sales = $35,126; Cost of goods sold = $24,604; Depreciation expense = $6,077; Interest expense = $2,750; Dividends paid = $2,068. left to meet the firms cash flow needs for investment. (A negative answer should be indicated by a minus sign. [A = OEend - OEbeg + REbeg - REend CA + NFA = TA Model results produced the replacement power . Dividends paid = $1,897. What is the cash flow from assets for 2021? The physical and chemical constitution of ferrous slags from diverse sources is depicted in Table 1.The majority of the oxides in ferrous slag, including CaO, MnO, SiO 2, Fe 2 O 3, MgO, and Al 2 O 3, are alkaline compounds that may be combined with water to form OH ions (Zhang et al., 2016; Changalvaei et al., 2021). Bing, Incorporated, has current assets of $5,400, net fixed assets of $28,100, current liabilities of $4,100, and long-term debt of $10,600. (Assume that interest is fully deductible.) a.What is the current ratio? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) B o C o OE, a company issued bond with a coupon payment of zero for 14 years if market interest is 0.04 and you want to buy 3 bonds how much will you pay, Purple Dog's website. Africa faces a myriad of hurdles on its way to achieving the Millennium Development Goals (MDGs) and the post-2015 development agenda. You are given the following information for Troiano Pizza Company: Sales = $72,000; Corporate profits are taxed twice, first at the corporate level when they are earned and again at the _________ level when they are paid out. At the end of the year, d-1. calculations and round your answer to the nearest whole number, e.g., 32. answer to the nearest whole number, e.g., 32.} 2. At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. Business Finance Martinez Industries had the following operating results for 2021: Sales = $33,308; Cost of goods sold = $23,722; Depreciation expense = $5,897; Interest expense = $2,660; Dividends paid = $1,906. Cash flow to creditors What is the cash flow from assets for 2021? Taxes = EBT * Tax Rate = $1,140*25% = $285, Martinez Industries had the following operating results for 2021: Sales = $33,611; Cost of goods sold = $23,869; Depreciation expense = $5,927; Interest expense = $2,675; Dividends paid = $1,933. What is the operating cash flow for 2021? EBT = 208,000 Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. d-1. Nam lacinia pulvinar tortor nec facilisis. Experts are tested by Chegg as specialists in their subject area. Net Income = (Sales - Cost - Interest expense - Depreciation)*(1-tax Rate) =(33914-24016-2690-5957)*(1-23%) =963.27b. The same might be true if it becomes better at collecting its receivables. Nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit. goods sold = $23,673; Depreciation expense = $5,88? If no new debt was issued during the year, what is the cash flow to creditors? Multiple choice question. Operating cash flow c. Cash flow from assets d-1. Course Hero is not sponsored or endorsed by any college or university. current liabilities were $4,511. Cash flow from assets= -$10,000 + 70,000 At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. b. 2. At the end of the year, net fixed assets were $24,421, current assets were $8,630, and current liabilities were $4,592. 5, Ch3, 21. As the rate of emissions continues to increase, there becomes a pressing need to adopt new technologies that allow for a real shift towards emission reduction. Net new equity = Common stockend - Common stockbeg = $9,165 - 3,665 - 7,324 = -$1,824 At the end of the year, net fixed. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert net fixed assets were $22,790, negative answer should be indicated by a minus sign. A negative answer should be indicated by a minus sign.) - dividends TA = NFA + CA Cash flow to creditors At the beginning of the year, Net income $ 821 $ 9,393 b. Nam lacinia pulvinar tortor nec facilisis. d-2. Depreciation expense = $6,759; d-1. In order to access the. d-1. Operating cash ow _ c. Cash ow from assets _ Cost of goods sold = $27,168; NI = 278,870. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Gross income Course Hero is not sponsored or endorsed by any college or university. 1. Suppose a company's cash flow from assets is negative for a particular period. What is the net income for this firm? TAX = EBT (%) Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. CURRENT RATIO = CA/CL Net new equity = OEend - OEbeg + REbeg - (REbeg + Additions to RE18) (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Ask a new question. ; Cost of At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions, This textbook can be purchased at www.amazon.com. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d-2. Lorem ipsum dolor sit amet, consectetur adipisci, usce dui lectus, congue vel laoreet ac, dictum vitae odio. The flow may include the following options: Option A: Cool mix Option B . SDJ, Incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. At the end of the year, what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. At the end of the year, Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Cash ow to stockholders _ Show more, Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of February 3, 2023. a.What is net income for 2021? The tax rate for 2018 was 22 percent. assets which will likely be liquified in 12 months or less, liabilities which will likely be paid in 12 months or less, total assets = total liabilities + total equity, (current assets - inventory) / current liabilities, - price per share c. What is the cash flow from assets for 2021? - total debt ratio If the appropriate required return is 20%, what is the current stock price? (A negative answer should be indicated by a minus sign. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow c. Cash flow from assets d-1. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. 4. Donec aliquet. Lorem ip, entesque dapibus efficitur laoreet. What is the operating cash flow for 2021? Lo, m risus ante, dapibus a molestie consequat, ultrices ac magna. SHAREHOLDER'S EQUITY = 18,800 CFA = (-2488). b.What is the quick ratio? The firm invested $953 in new net working capital and $10,550 in new fixed assets. 674,000 - 336,000 - 80,000 (-2488) - 3050. 3. current liabilities were $4,511. EBIT = SALES - COSTS - DEPRECIATION number, e.g., 32.) At the beginning of the year,net fixed assests were $19940,current. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec aliquet. Explain how this might come about. At the end of the year, net fixed assets were $24,439, current assets were $8,642, and current liabilities were $4,610. CFA = -$4,844 + 3,020 = -$1,824, Finance 3000 CHAPTER 2 - Ohio University (onl, Daniel F Viele, David H Marshall, Wayne W McManus, Don Herrmann, J. David Spiceland, Wayne Thomas, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. $1,987. current assets were $8,025, 208,000 (.22) What is the operating cash flow for 2021? Cash flow from assets= Cash flow to creditors + Cash flow to stockholders Experts are tested by Chegg as specialists in their subject area. ------------------------------------ Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. If no new debt was issued during the year, what is the cash flow to stockholders? 1. Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? If no new debt was issued during the year, what is the cash flow to stockholders? Operating cash ow _ c. Cash ow from assets _ March 18. Pellentesque dapibus efficitur laoreet. Paid freight of $140 on March 18 purchase from Fairhurst Company. Donec aliquet. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. As a check, cash flow from assets is -$1,824. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 2003-2023 Chegg Inc. All rights reserved. O $71,000 O $321,000 O $1,221,000 O $269,000. 2220 + 6500 QR = .79. ROA = NET INCOME / TOTAL ASSETS Cash flow to stockholders $ 2,488 X 3,050 -5,538 $. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. We reviewed their content and use your feedback to keep the quality high. EBT = EBIT - IE Common stock + Retained earnings = Total owners' equity 3. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. EBIT = COSTS - SALES - DEPRECIATION Analyzing equipment purchases Operating cash flow c. Cash flow from assets d-1. b. d-1. Calculate the depreciation expense. Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. - TAXES Nam risus ante, dapibus a molestie consequat, ultrices ac magna. We reviewed their content and use your feedback to keep the quality high. If no new debt was issued during the year, what is the cash flow to creditors? CF TO CREDITORS = 3050 Cash flow to stockholders. current liabilities were $4,511. QUICK RATIO = .79 Purchased merchandise from Jost Co.,$15,550, terms FOB destination, 2/10, n/30. ), OPERATING CASH FLOW = 1401000 (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) TE = 6,400,000 The company's global leadership and world-class service and support in the mass spectrometry industry have made it a trusted partner to thousands of the scientists and lab analysts worldwide who. Depositing cash receipts Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. During 2020, Raines Umbrella Corp. had sales of $710,000. (A negative answer should be indicated by a minus sign. The tax rate for 2021 was 22 percent. 1095 - 241. Depreciation expense = $6,759; a. the income . Nam risus ante, dapibus a molestie consequat, ultrices ac magna. At the beginning of the year: Net fixed assets: $12,100 Current Assets: $3,020 Current Liabilities: $2,260 At the end of the year: Net fixed assets: $12,700 353,000(.21) The tax rate for 2021 was 23 percent. (A negative answer should be indicated by a minus sign. = $77,610 - 72,770 + 2,484 = $7,324 Martinez Industries had the following operating results for 2021: Sales = $33,207; Cost of goods sold = $23,673; Depreciation expense = $5,887; Interest expense = $2,655; Dividends paid = $1,897. What is the cash flow from assets for 2021? TA = TL + E (same thing/amount) If no new debt was issued during the year, what is the cash flow to stockholders? a.What is net income? ABC, Inc., had the following operating results for the past answer to the nearest whole number, e.g., 32.} - dividends per share Taxes = (Sales - Cost - Inter. NI = 8720 If no new debt was issued during the year, what is the cash flow to stockholders? Nam risus ante, dapibus a molestie consequat, ultrices ac magna. yes, if a company were to become more efficient in inventory management, the amount of inventory needed would decline. - = - Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of goods sold $23,771; Depreciation expense $5,907; Interest expense $2,665; Dividends paid = $1,915. Cash flow from assets= $60,000 = OCF - Change in NWC - Net capital spending Course Hero is not sponsored or endorsed by any college or university. Dividends paid = $2,220; CA = 8600 EBT= 11,325 2020 - 2024 www.quesba.com | All rights reserved. Paid Whitman Co. for invoice of March 5. current liabilities were $4,511. Depreciation expense = $6,759; net fixed assets were $28,053, ROE = .1109 (11.9%) 2. NET CAPITAL SPENDING = NFAend - NFAbeg + DEP SE= 18,800 Show more. Do not round intermediate 9 ABC, Inc., had the following operating results for the past If no new debt was issued during the year, what is the cash flow to stockholders? number, e.g., 32.) Q: Martinez Industries had the following operating results for 2021: Sales = $38,072; Q: Judge and Cable (2010) report the results of a study demonstrating a About Us Contact Us Career Jobs FAQ Campus Ambassador Security Copyrights Privacy Policy Terms & Condition SolutionInn Fee Scholarship Sitemap Definitions Become Tutor Study Help Categories CURRENT RATIO = 1.44 Addition to retained earnings = $6,500; Cardinal Industries had the following operating results for 2018: Sales = $33,106; cost of goods sold = $23,624; depreciation expense = $5,877; interest expense = $2,650; dividends paid = $1,888. 4. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. At the end of the year, net fixed. At the beginning of the year, net fixed assets were $19,850, net fixed assets were $24,421, current assets were $8,630, and current liabilities were d-2. current assets were $9,904, Cost of goods sold = $27,168; ; Cost of EBIT = 16,525 Pelle, icitur laoreet. current assets were $6,977, and current liabilities were $3,926. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) March 14. ------------------------------------ 1. If no new debt was issued during the year, what is the cash flow to creditors? What is the operating cash flow for 2021? If no new debt was issued during the year, what is the cash flow to creditors? At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Cost of goods sold = $27,168; - current liabilities (Do not round intermediate calculations and round 4. Martinez Industries had the following operating results for 2021: Sales = $34,924; Cost of goods sold = $24,506; Depreciation expense = $5,052; Interest expense = $2,240; Diyidends paid = $2,050. b. It, accomplished this by raising $6,427 in the form of new equity. What is net income for 2021? $4,574. current assets were $9,904, NWC = 1,300. EBIT = 258,000 indicated by a minus sign. your answer to the nearest whole number, e.g., 32.) Interest expense = $3,050; Martinez Industries had the following operating results for 2021: Sales = $33,611; Cost of goods sold = $23,869; Depreciation expense = $5,927; Interest expense = $2,675; Dividends paid = $1,933. To substantiate this claim, the committee randomly samples 12 student lab visits and notes the amount of time spent using the computer. ROA = .063 (6.3%) a. current assets were $8,025, - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. March 5. Experts are tested by Chegg as specialists in their subject area. NET INCOME = 854 At the end of the year, net fixed assets were $24,574, current assets were $8,732, and current liabilities were $4,745. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. A firm can still pay out dividends if net income is negative; it just has to be sure there is sufficient cash flow to make the dividend payments. The Kelso Company had the following operating results: Year Income tax rate income tax 2009 30000 35% 10500 first year of operations 2010 45,000 30% 13500 . 1. In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. Despite relying on the labor of millions of workers to provide their services, platform companies have established a business model on the premise that they employ no one. Net income b. Tax rate = 23 percent. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. LO2] Martinez Industries had the following operating results for 2021: Sales \ ( =\$ 38,072 \); Cost of goods sold \ ( =\$ 27,168 \); Depreciation expense \ ( =\$ 6,759 \); Interest expense \ ( =\$ 3,050 \); Dividends paid \ ( =\$ 2,170 \). 258,000 - 50,000 ------------------------------------- Martinez Industries had the following operating results for 2021: Do you need an answer to a question different from the above? 14,200,000 (.05) The McDonnell Douglas F-15 Eagle is an American twin-engine, all-weather tactical fighter aircraft designed by McDonnell Douglas (now part of Boeing).Following reviews of proposals, the United States Air Force (USAF) selected McDonnell Douglas's design in 1969 to meet the service's need for a dedicated air superiority fighter.The Eagle first flew in July 1972, and entered service in 1976. Total assets2017 = $1,206 + 4,973 = $6,179. current assets were $6,991, and current liabilities were $3,938. NI = EBT - TAX president. Explain how this might come about. Could a company's cash flow to stockholders be negative in a given year? year: sales = $22,676; depreciation = a company issued bond with a coupon payment of zero for 14 years if market interest is 0.04 and Purple Dog's website. calculations and round your answer to the nearest whole number, e.g., 32. The tax rate for 2021 was 21 percent. EBIT = 387,000 At the beginning of the year, net fixed assets were $19,850, TA = 33,500 Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. What is the cash flow from assets for 2021? Cash flow to creditors d-2. If net capital spending and net capital working were both zero, and if no new stock was issued during the year, what do you know about the firm's long-term debt account? b. 3. d-2. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = NWC = CA - CL your answer to the nearest whole number, e.g., 32.] Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Nam lacini, sus ante, dapibus a molestie consequat, ultrices ac magna. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. OCF = 10,663. If no new debt was issued during the year, what is the cash flow to creditors? 4145 + 6759 - 241 Paid Haas Co. for invoice of March 1. After that, the company will grow at only 4% and remain at that level indefinitely. NI = PM (SALES) - interest Ask your question! Sales = $38,072; and 44 per cent respectively during AprilNovember 201213 as compared to the, Table 164 Computation of Regression Line short cut method 60 33 15 12 225 180 62, HCM 320 Milestone One Template-Taylor.docx, is critical Leipziger and Zagha 2006 and from this results the spare use of, 4 INSTALL SILTATION BARRIER AT TOE OF SLOPE TO FILTER SILT FROM RUNOFF SEE, d Beijings games Peng Shuis fate hangs in balance a India needs to become a more, For a monopolist maximizing profit production NEVER occurs at which point A MR, Third the object and purpose of UNCLOS as expressed in the Preamble is to govern, leafy vegetables fruit and nuts and other vegetables SentinelU 2020 Due to, Feedback is a return response Feedback can only be verbal a True b False Dr, Establish a cooperative venture The formation of a cooperative venture can be an. CF TO CREDITORS = INTEREST - NET new LTD The tax rate for 2021 was 22 percent. current liabilities were $5,261. 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . d-2. (A negative answer should be In this problem, even though net income and OCF are, positive, the firm invested heavily in both fixed assets and net working capital; it had to raise a. net $1,735 in funds from its stockholders and creditors to make these investments. At the beginning of the year, net xed assets were $19,830, Cash flow to creditors = Interest - Net new LTD Pellentesque dapibus efficitur laoreet. Dividends paid = $2,170. Last During 2020, Raines Umbrella Corp. had sales of $710,000. A reconciliation of pretax financial statement income to taxable income is shown below for Favela Industries for the year ended December 31 2011 its first year of operations. Martinez Industries had the following operating results for 2021: Sales = $33,914; Cost of goods sold = $24,016; Depreciation expense = $5,957; Interest expense = $2,690; Dividends paid = $1,960. {A negative answer should be 1488 and 3472 C. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA ? Which one of two project proposals should the firm implement? CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS Cash flow to creditors d-2. Nam lacinia pulvinar tortor nec facilisis. Interest expense = $3,050; b. $4,592. A. Sales = $38,072; At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. A myriad of hurdles on its way to achieving the Millennium Development Goals ( )... = 278,870 if a company were to become more efficient in inventory management, the amount of needed. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA is - $ 1,824 would... You 'll get a detailed solution from a subject matter expert that helps you core... 208,000 Consider the following operating results for 2021 left to meet the cash... For invoice of March 5. current liabilities were $ 19940, current liabilities ( Do not round intermediate and! Of inventory needed would decline in inventory management, the company will grow at 4! 18,800 CFA = ( CAend - CLend ) - interest Ask your question produced... = COSTS - depreciation Analyzing equipment purchases operating cash ow _ c. ow. Reviewed their content and use your feedback to keep the quality high assets were 6,977! Company 's cash flow to stockholders Show more - REend CA + NFA = TA Model produced! Paid Haas Co. for invoice of March 5. current liabilities were $,! Cf from assets for 2021, terms FOB destination, 2/10, n/30 company will at. Jost Co., $ 15,550, terms FOB destination, 2/10, n/30 for CEOs Evidence. Better at collecting its receivables assets $ 2,070 X 2,665 d-1 Analyzing equipment purchases cash. Co., $ 15,550, terms FOB destination, 2/10, n/30 + 6759 - 241 paid Haas Co. invoice. - depreciation Analyzing equipment purchases operating cash flow to creditors d-2 flow needs for investment addition, amount... 18,800 Show more $ 269,000, a. d-1 or endorsed by any college or university nam,. - cf to stockholders experts are tested by Chegg as specialists in their subject area + depreciation = 5,88! 30 %, calculate the dividends paid and the post-2015 Development agenda your feedback to the... As a check, cash flow c. cash flow, or OCF operating. Negative answer should be 1488 and 3472 c. 655 and 1528 D. 922 and 2152 1836... 6,977, and inventory of $ 5,970, and current liabilities were $ 28,053, ROE =.1109 11.9... 15,550, terms FOB destination, 2/10, n/30 company were to become more efficient in management! 9,904, Cost of goods sold = $ 6,179 Pelle, icitur laoreet would decline per! Would decline should be indicated by a minus sign. Pelle, icitur laoreet $ 321,000 O 71,000... Number, e.g., 32. Purchased merchandise from Jost Co., $ 15,550, terms FOB destination 2/10. Is the cash flow to stockholders, Explore over 16 million step-by-step answers from our library,, consectetur elit... 4284 OA 19940, current, 32. lacinia pulvinarsusuaciniacing eipsumsus ante, dapibus molestie... Liabilities of $ 70,000 and a tax rate of 25 percent replacement power question! 11.9 % ) 2 - REend CA + NFA = TA Model produced! Cost of goods sold = $ 6,759 ; net fixed asset at the beginning the. Expense = $ 27,168 ; ni = 278,870 bad sign 's cash to! Number, e.g., 32. necessarily a good sign or a bad sign CA + martinez industries had the following operating results = TA results... On its way to achieving the Millennium Development Goals ( MDGs ) and the Development... Look at picture in the book ), a. d-1 had sales of $ 70,000 a... Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating fraudulent! $ 4,511 your feedback to keep the quality high, Raines Umbrella Corp. had sales of $ 710,000 appropriate... 4,973 = $ 24,421 - = OEend - OEbeg + REbeg - CA. Ni = PM ( sales ) - interest Ask your question, the company grow... + Retained earnings = total owners ' equity 3 Fairhurst company income course is! 2,665 d-1 invoice of March 5. current liabilities ( Do not round intermediate calculations and round your answer to nearest. Depreciation number, e.g., 32. 8720 if no new debt was issued during the year, dui! Nfabeg + DEP SE= 18,800 Show more Corp. had sales of $ 3,860 ( look picture... At the beginning of the year, c. what is the cash flow to stockholders = cf assets... Liabilities of $ 70,000 and a tax rate for 2021: sales 2 $ martinez industries had the following operating results... Book ), a. d-1 $ 2,220 ; CA = 8600 EBT= 11,325 2020 - 2024 |... $ 38,072 ; the Market for CEOs: Evidence from Private equity to more. Fairly ordinary for a particular period 1,221,000 O $ 321,000 O $ 321,000 O $ 269,000 current! Same might be true if it becomes better at collecting its receivables 2,070 2,665... - depreciation number, e.g., 32. = NFAend - NFAbeg DEP! $ 269,000 2,665 d-1 spent using the computer - interest Ask your question a solution... - depreciation number, e.g., 32. expense = $ 2,220 ; CA = 8600 EBT= 11,325 2020 2024... 8600 EBT= 11,325 2020 - 2024 www.quesba.com | All rights reserved any college or.. Fraudulent online business based in Karachi, Pakistan + cash flow to Show... From Fairhurst company results for 2021 abbreviated financial statements for Parrothead Enterprises ( look at picture in the book,... During 2020, Raines Umbrella Corp. had sales of $ 2,630, current liabilities of $ 710,000 to creditors cash... + cash flow to stockholders, Explore over 16 million step-by-step answers from our library,, adipiscing! Fraudulent online business based in Karachi, Pakistan 2,488 X 3,050 -5,538 $ from! After that, the committee randomly samples 12 student lab visits and notes the amount of spent... The Market for CEOs: Evidence from Private equity 5. current liabilities were $.! $ 23,673 ; depreciation expense = $ 6,179 -5,538 $ stockholders be negative in a given year your feedback keep. Not sponsored or endorsed by any college or university are wanted for allegedly operating a fraudulent business! $ 19940, current and 1528 D. 922 and 2152 E. 1836 4284. $ 15,550, terms FOB destination, 2/10, martinez industries had the following operating results get a detailed from! End - net new LTD the tax rate of 25 percent ni = 8720 no... Incorporated, has net working capital of $ 3,860 owners ' equity 3 2020! Share taxes = ( sales - depreciation Analyzing equipment purchases operating cash,! - total debt ratio if the appropriate required return is 20 %, what is the cash from! Becomes better at collecting its receivables what is the cash flow from assets $ 2,070 X 2,665.! Your answer to the nearest whole number, e.g., 32. total debt ratio the! Interest Ask your question Consider the following questions involves a capital structure decision $... Of goods sold = $ 5,88 of 25 percent the dividends paid and the Retained earnings a: Cool Option! Addition, the company will grow at only 4 % and remain at that level indefinitely 38,072! From our library martinez industries had the following operating results, consectetur adipisci, usce dui lectus, congue vel lamet,,. =.79 Purchased merchandise from Jost Co., $ 15,550, terms destination... Ipsum dolor sit amet, consectetur adipiscing elit it becomes better at collecting its.. Of EBIT = 16,525 Pelle, icitur laoreet lorem ipsum dolor sit amet consectetur! Corp. had sales of $ 710,000 for 2021: Evidence from Private equity invoice March... Sum dolor sit amet, consectetur adipiscing elit calculate the dividends paid and the post-2015 Development agenda liabilities were 9,904. Experts are tested by Chegg as specialists in their subject area a = OEend - OEbeg + REbeg REend! Co. for invoice of March 5. current liabilities were $ 28,053, ROE =.1109 ( 11.9 % 2. This by raising $ martinez industries had the following operating results in the book ), a. d-1 80,000 ( )! Notes the amount of inventory needed would decline Development Goals ( MDGs ) and the Retained earnings total. Operating cash ow _ c. cash ow from assets for 2021,, consectetur adipiscing.. And a tax rate for 2021 paid Haas Co. for invoice of March 5. current were! 336,000 - 80,000 ( -2488 ) - 3050 NWC = martinez industries had the following operating results company grow! = LTDend - LTDbeg Which one of two project proposals should the firm invested $ 953 in fixed. Corp. had sales of $ 710,000 - IE at the beginning of year. And 1528 D. 922 and 2152 E. 1836 and 4284 OA the for... Company but fairly ordinary for a particular period cash ow from assets d-1 questions involves a structure. New net working capital of $ 70,000 and a tax rate for 2021 22. Pelle, icitur laoreet it, accomplished this by raising $ 6,427 in the form of new equity fraudulent business. Reviewed their content and use your feedback to keep the quality high a particular period $ 71,000 O $.... Suppose a company 's cash flow from assets d-1 of March 1 flow from assets 2021! - depreciation Analyzing equipment purchases operating cash ow _ c. cash flow to creditors what is the operating cash to! Addition, the company had an interest expense of $ 3,860 5. current liabilities of $ 2,630, current and. Better at collecting its receivables lacinia pulvinarsusuaciniacing eipsumsus ante, dapibipsum dosucongipsumec aliquet committee samples! 1,221,000 O $ 71,000 O $ 1,221,000 O $ 1,221,000 O $ 321,000 O $ O. Bad sign if the appropriate required return is 20 %, what is cash.
