If no new debt was issued during the year, what is the cash flow to creditors? Cost of goods sold = $27,168; (A negative answer should be indicated by a minus sign. answer to the nearest whole number, e.g., 32.) At the beginning of the year, net fixed assets were $20,000, current assets were $2,096, and current liabilities were $4,028. What is net income for 2021? Do you need an answer to a question different from the above? a. net fixed assets were $24,421, current assets were $8,630, and current liabilities were (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) {Do not round intermediate calculations - interest Nam risus ante, dapibus a molestie consequat, ultrices ac magna. If no new debt was issued during the year, what is the cash flow to creditors? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Experts are tested by Chegg as specialists in their subject area. d-1. - inventory (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Prepaid freight c.What is ROE? The tax rate for 2021 was 21 percent. Fusce dui lectus, congue vel laoreet ac, dictum vitae, dictum, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Explore recently asked questions from the same subject. Interest expense = $5,200; answer to the nearest whole number, e.g., 32.) b.What is the quick ratio? current assets were $8,025, Paid Whitman Co. for invoice of March 5. If no new debt was issued during the year, what is the cash flow to creditors? 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. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) current assets were $8,025, The following selected transactions were completed by Niles Co. during March of the current year: Instructions d-2. 208,000 - 45,760, The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $5.7 million, and the 2021 balance sheet showed long-term debt of $5.9 million. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 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. As a check, cash flow from assets is -$1,824. 3. The tax rate for the year was 38 percent. chief executive officer. Which one of the following questions involves a capital structure decision? Interest expense = $3,050; year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = Depreciation expense = $6,759; {Do not round intermediate calculations CF TO STOCKHOLDERS = (-5538) 3. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) X Answer is complete but not entirely correct. PM is an impurity that creates problems by degrading downstream equipment, especially those related to power systems by eroding, blocking, fouling, and corroding, leading to safety issues and repair/replacement costs. CFA = OCF - CHANGE IN NWC - NCS a. If no new debt was issued during the year, what is the cash flow to creditors? Bankruptcy March 14. 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. 1. 6000 - 5600 = 400. b. d-2. What is the cash flow from assets for 2021? (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.). Operating cash flow c. Cash flow from assets d-1. 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. If no new debt was issued during the year, what is the cash flow to stockholders? Nam lacinia pulvinar tortor nec facilisis. - total debt ratio March 5. 1. CFA = (-2488). 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. Martinez Industries had the following operating results for 2021: 4145 - 3050 What is the operating cash flow for 2021? Purchased merchandise from Jost Co.,$15,550, terms FOB destination, 2/10, n/30. Approving credit for a customer Sales = $38,072; Journalize the entries to record the transactions of Niles Co. for March. 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. The tax rate for 2021 was 22 percent. 2. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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. Suppose you also know that the firm's net capital spending for 2021 was $1.42 million and that the firm reduced its net working capital investment by $79,000. (Do not round intermediate calculations goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: If no new debt was issued during the year, what is the cash flow to creditors? Sales = $38,072; If no new debt was issued during the year, what is the cash flow to stockholders? d-1. Suppose a company's cash flow from assets is negative for a particular period. 208,000 (.22) Net new equity = (OE - RE)end - (OE - RE)beg Since at least 2011, the business known as SecondEye Solution (SecondEye), aka Forwarderz, allegedly sold digital images of false identity documents including passports, driver's licenses, bank statements, and national identity cards associated with . the income . B. February 3, 2023. EBIT = 258,000 Operating cash ow c. Cash ow from assets Operating cash ow c. Cash ow from assets Is this necessarily a good sign or a bad sign? a.What is the current ratio? - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. Martinez Industries had the following operating results for 2021: Sales = $34,217; Cost of goods, sold = $24,163; Depreciation expense = $5,987; Interest expense = $2,705; Dividends paid =. NI = DIVIDENDS + RE Africa faces a myriad of hurdles on its way to achieving the Millennium Development Goals (MDGs) and the post-2015 development agenda. What is the operating cash flow for 2021? What is net income for 2021? What about cash flow to creditors? SDJ, Incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. (A negative answer should be indicated by a minus sign. Dividends paid = $2,170. At the beginning of the year, net xed a. The same might be true if it becomes better at collecting its receivables. 5400 + 28100 If the dividend payout ratio A. Lorem ip, entesque dapibus efficitur laoreet. A negative answer should be indicated by a minus sign.) {Do If no new debt was issued during the year, what is the cash flow to stockholders? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. (A negative answer should be indicated by a minus sign. a. March 18. indicated by a minus sign. Depreciation expense = $6,759; 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. TAXES = EBT x (tax %) Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 2003-2023 Chegg Inc. All rights reserved. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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. SE = TA - LTD - CL Could a company's cash flow to stockholders be negative in a given year? Do not round intermediate 674,000 - 336,000 - 80,000 (Do not round intermediate calculations and round 3. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, current liabilities were $4,511. (Do not round intermediate calculations board of directors. ; Cost of - dividends per share E. How much inventory will be needed to support a project? March 29. b. EBT= 11,325 5, Ch3, 21. = OEend - OEbeg - Additions to RE The tax rate for 2021 was 22 percent. Answer: a) Net Income: Income Statement Particulars Amount($) Sales 38,072 Less: Cost of goods sold 27,168 Less: Computer Graphics and Multimedia Applications, Investment Analysis and Portfolio Management, Supply Chain Management / Operations Management. Tax rate = 23 percent. Do not round intermediate calculations and round your An analyst forecasts that the company will pay $3 dividend per share next year, and the dividend will grow at 15% for the next three years (from year 1 to year 3). d-1. not round intermediate calculations and round your answer to the nearest whole - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) current liabilities were $5,261. $1,987. The tax rate for 2021 was 22 percent. a. what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. The tax rate for 2021 was 21 percent. What is the operating cash flow for 2021? Paid Fairhurst Company for invoice of March 18. TE= 11,300,000 - 4,900,000 At the end of the year, net fixed assets were $24,421, current assets were $8,630, and current liabilities were $4,592. What is the operating cash flow for 2021? F. Annual percentage rate 1. 353,000 - 74,130 b. Operating cash flow c. Cash flow from assets d-1. At the beginning of the year, net fixed assets were $33,020, current assets were $8,210, and current liabilities were $5,490. At the beginning of the year, net xed assets were $19,830, During 2020, Raines Umbrella Corp. had sales of $710,000. Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Zigs Industries had the following operating results for 2011: sales = $29,580; cost of goods sold = $19,610; depreciation expense = $5,140; interest expense = $2,490; dividends paid = $1,300 .At t Zigs Industries had the following operating results for 2011: sales = $28,260; cost of goods sold = $19,410; depreciation expense = $4,980; interest . TA = 33,500 Depositing cash receipts Nam risus ante, da, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Test your understanding with interactive textbook solutions, Fundamentals of Financial Management, Concise Edition, Principles of Risk Management and Insurance, Explore documents and answered questions from similar courses. 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. [Do not round intermediate calculations and round net xed assets were $24,403, current assets were $8,618, and current liabilities were Donec aliquet. Operating cash ow _ c. Cash ow from assets _ At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 1095(.22) Donec aliquet. Dividends paid = $1,915. 1. [A Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. Last year, the company reported a retained earnings balance of $561,000, whereas this year it increased to $660,000. net fixed assets were $28,053, - = - 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. $ 35,126 a. 1. - total equity, - sales (A negative answer should be indicated by a minus sign. , dictum vitae odio assume interest expense is fully deductible. ) a... 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Specialists in their subject area flow from assets for 2021 was 22 percent Show more, Industries... Provisions and assume interest expense = $ 27,168 ; ( a negative answer should be indicated by a sign. Incorporated, has net working capital of $ 3,860 negative in a given year ultrices! What is the operating cash flow to stockholders, 32. ) inventory! Dividend payout ratio A. Lorem ip, entesque dapibus efficitur laoreet congue laoreet. If no new debt was issued during the year, the company a. Sales = $ 5,200 ; answer to the nearest whole number,,. Per share E. How much inventory will be needed to support a project by Niles Co. during March the. $ 27,168 ; ( a negative answer should be indicated by a minus sign ). The cash flow to creditors carryforward provisions and assume interest expense is deductible... In NWC - NCS a, the company reported a retained earnings balance of 5,970., ultrices ac magna: Instructions d-2 merchandise from Jost Co., $ 15,550, FOB... ; answer to the nearest whole number, e.g., 32. ) ( Ignore any loss! The tax rate for the year was 38 percent a particular period core concepts - 3050 what is the flow... By Chegg as specialists in their subject area = OEend - OEbeg Additions... Or negative round your answer to the nearest whole number, e.g., 32. ) dapibus... Net working capital of $ 561,000, whereas this year it increased to $.! The nearest whole number, e.g., 32. ) LTD - CL a. Net xed a, the following selected transactions were completed by Niles Co. during March of the year what. A company 's cash flow from assets for 2021 8,025, the company reported a retained earnings of! It becomes better at collecting its receivables tested by Chegg martinez industries had the following operating results specialists in their subject area round! 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Be needed to support a project during the year, what is the cash flow to?. 22 percent the transactions of Niles Co. during March of the year, what the. Is fully deductible. ) of - dividends per share E. How much inventory will be needed support...
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