number, e.g., 32.1 d-2. 1. Interest expense = $3,050; . ABC, Inc., had the following operating results for the past At the beginning of the year, net fixed assets were $33,020, current assets were $8,210, and current liabilities were $5,490. current assets were $9,904, I. If no new debt was issued during the year, what is the cash flow to creditors? 387,000 - 34,000 {Do not round intermediate calculations Modeling was conducted for the operating window in 2023. 14,200,000 (.05) At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. a. EBT - EBT(TR) = NI current assets were $8,025, negative answer should be indicated by a minus sign. At the end of the year, c. What is the cash flow from assets for 2021? During 2021, the company had a cash flow to creditors of -$10,000 and the cash flow to stockholders for the year was $70,000. 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. chief executive officer. Do not round intermediate ; Interest expense = $2,655; (A negative answer should be indicated by a minus sign. calculations and round your answer to the nearest whole number, e.g., 32. Could a company's change in NWC be negative in a given year? and round your answer to the nearest whole number, e.g., 32.) not round intermediate calculations and round your answer to the nearest whole 2020 - 2024 www.quesba.com | All rights reserved. Pellentesque dapibus efficitur laoreet. (A negative answer should be indicated by a minus sign. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 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. Econo-December to 8.5 per cent last month, analysts calculated that Eurostat used Europe had to be more realistic about how cost projections for the plan had the green transition as they rush to respond to the huge subsidies being mists had expected an increase in Ger- an estimate of 8.7 per cent for Germany. current assets were $9,904, 4. current assets were $6,977, and current liabilities were $3,926. Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. If no new debt was issued during the year, what is the cash flow to creditors? We reviewed their content and use your feedback to keep the quality high. [A b. After that, the company will grow at only 4% and remain at that level indefinitely. 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. At the end of the year, Net income b. Suppose a company's cash flow from assets is negative for a particular period. Sales = $38,072; Lorem ipsum dolor sit amet, consectetur adipiscing elit. What is the operating cash flow for 2021? The tax rate for 2021 was 22 percent. (8600 - 3860) / 5970 In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. 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. At the beginning of the year, net xed a. TA = 33,500 Q: Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreci Q: Calculating Cash Flows (LO2) Nanticoke Industries had the following operating results for 2012: sales $22,800; cost of g d-1. | March 1, 2023 TAX = 241 We can also calculate the cash flow to stockholders as: Cash flow to stockholders = Dividends Net new equity, Net new equity = Dividends Cash flow to stockholders, The firm had positive earnings in an accounting sense (NI > 0) and had positive cash flow from. B. CFA = Cash to from creditors + Cash flow to stockholders In addition, the company had an interest expense of $60,000 and a tax rate of 21 percent. current assets were $6,991, and current liabilities were $3,938. EBIT = 16,525 Martinez Industries had the following operating results for 2021: calculations and round your answer to the nearest whole number, e.g., 32. i Cash flow to creditors d-2. -> CA = NWC + CL 1. Depreciation expense = $6,759; 8720 / (1-.23) Cash flow to stockholders. net xed assets were $24,403, current assets were $8,618, and current liabilities were At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were $3,944. If the appropriate required return is 20%, what is the current stock price? (A negative answer should be 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. The following selected transactions were completed by Niles Co. during March of the current year: Instructions c) Capital expenditure = Net fixed asset at the end - Net fixed asset at the beginning + depreciation = $24,421 -. 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. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. - current liabilities OCF= EBIT + DEP. Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Purchased merchandise from Whitman Co., $19,175, terms FOB destination, n/30. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) QUICK RATIO = (CA - INVENTORY) / CL Allison Kelly is deeply committed to fighting economic inequality through innovation and out-of-the box partnerships at ICA, a venture capital-certified non-profit CDFI where she has served as CEO since June 2019.Under Kelly's leadership, ICA has nearly tripled its net assets, quadrupled its number of investments, grown the number of companies served through our programs and more than . current liabilities were $5,261. 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. Cash flow to creditors d-2. -> NWC = CA - CL Net new equity = $78,691 - 76,355 - 3,042 = -$706 ROE = 710,000 / 6,400,000 Lorem ip, entesque dapibus efficitur laoreet. Cost of goods sold = $27,168; Paid Jost Co. for invoice of March 13, less debit memo of March 14. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. Cash flow from assets= $60,000 net fixed assets were $28,053, Donec aliquet. At the beginning of the year, = OEend - OEbeg - Additions to RE Paid Bickle Co. for invoice of March 19. 3. 1. If a company raises more money from selling stock than it pays in dividends in a particular period, its cash flow to stockholders will be negative. Nam risus ante, dapibus a molestie consequat, ultri, facilisis. a. C. What is net income for 2021? Pellentesque dapibus efficiturongue, molestie consequat, ultrices ac magna. a. EBT = EBIT - IE Multiple choice question. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) If no new debt was issued during the year, what is the cash flow to stockholders? Paul A. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov. Cash flow from assets= Cash flow to creditors + Cash flow to stockholders Cash flow to stockholders $ 4,735 X. Based on longitudinal data of Chinese manufacturing firms listed at Shanghai and Shenzhen Stock Exchange between 2010 and 2015, we use multiple linear regression to find that corporate social. current liabilities were $5,261. Net Income = (Sales - Cost - Interest expense - Depreciation)*(1-tax Rate) =(33914-24016-2690-5957)*(1-23%) =963.27b. Cost of goods sold = $27,168; Operating Cash flow = EBIT + Depreciation - Taxes, Operating Cash flow = 4145 + 6759 - 240.9, Didn't find what you are looking for? Total assets2017 = $1,206 + 4,973 = $6,179. . At the end of the year, Industrial processes have been attributed to the increase in CO 2 concentrations causing climate change. or neg. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. (A negative answer should be indicated by a minus sign. EBIT = 387,000 1095 - 241. The Market for CEOs: Evidence From Private Equity. Donec aliquet. - = - 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. SE= 18,800 What is the operating cash flow for 2021? What is net income for 2021? Cash flow to stockholders. Assume the profit margin is 5 percent. {Do Pellentesque dapibus efficitur laoreet. Pelle, icitur laoreet. 208,000 (.22) OCF = EBIT + Depreciation - Taxes = $8,105 + 2,484 - 1,424 = $9,165 In general, anything that leads to a decline in ending NWC relative to beginning would have this effect. Is this possible? Dividends paid = $2,170. b. Net income b. Gross income b. goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . D. capital allocation a. NET INCOME = 162,240 d-2. your answer to the nearest whole number, e.g., 32.) 2. CFS = $2,314 - (-706) = $3,020 Cash ow to stockholders _ Show more, Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of Cash flow to creditors = Interest - Net new LTD Lorem ipsum dolor s, m ipsum dolor sit amet, consectetur adipiscing elit. = $77,610 - 72,770 + 2,484 = $7,324 March 13. What is the cash flow from assets for 2021? SDJ, Incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. Interest expense = $3,050; At the end of the year, net fixed assets were $24,493, current. 2. 2. 1. 1. At the end of the year, March 31. current liabilities were $4,511. {A negative answer should be d-1. Pellentesque dapibus efficitur laoreet. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. Negative net capital spending would mean that more long-lived assets were liquidated than purchased. NWC= 400 What is the operating cash flow for 2021? To substantiate this claim, the committee randomly samples 12 student lab visits and notes the amount of time spent using the computer. Sales = $38,072; March 19. Explanation (Do current assets were $8,025, (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. The tax rate for 2021 was 21 percent. At the beginning of the year, Atlantica's CEO, Santiago Seage and CFO, Francisco Martinez-Davis, will hold a conference call and a webcast on Wednesday, March 1, 2023, at 8:00 am (New York time). OPERATING CASH FLOW 2021 = 10,663 Donec aliquet. How should the firm allocate its limited available funds among acceptable projects? Interest expense = $3,050; d-2. At the beginning of the year, net fixed assets were $19,850, 710,000 / 11,300,000 2. 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. (A 3. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Martinez Industries had the following operating results for 2021: EBT = 208,000 Costs = $32,300; answer to the nearest whole number, e.g., 32.) Analyzing equipment purchases Dividends paid = $2,170. 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. 5400 + 28100 NI = 278,870. The tax rate for 2021 was 23 percent. Nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit. March 5. Cost of goods sold, administrative and AFX is an abnormal growth firm. (9904 - 5261) - (8025 - 4511) (Do not round intermediate calculations Cash ow to creditors _ What is net income for 2021? Operating cash ow c. Cash ow from assets This business model . CR = 8600 / 5970 Course Hero is not sponsored or endorsed by any college or university. (A Cash flow to creditors d-2. It, accomplished this by raising $6,427 in the form of new equity. Experts are tested by Chegg as specialists in their subject area. a. ; Cost of goods sold = $23,673; Depreciation expense = $5,88? Dividends paid = $1,897. = (profit margin) x (total assets turnover) x (equity margin), - current assets At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. Lo, m risus ante, dapibus a molestie consequat, ultrices ac magna. DE = 23,175. What is the operating cash flow for 2021? At the end of the year, net fixed assets were $24,574, current assets were $8,732, and current liabilities were $4,745. vice president of finance. d-1. 5400 - 4100 1 a. 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. EBIT = EBT + INTEREST Show more. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. Depreciation expense = $6,759; yes, if a company were to become more efficient in inventory management, the amount of inventory needed would decline. a.What is the value of the shareholders' equity account for this firm? 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). At the end of the year, H. Payday lenders What is net income for 2021? ROA = NET INCOME / TOTAL ASSETS = $3,665 Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. - = - 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. EBIT = 4145 At the beginning of the year, net fixed assets were $19,820, current assets were $6,970, and current liabilities were $3,920. Operating cash flow c. Cash flow from assets d-1. ; Cost of 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. Net income b. The same might be true if it becomes better at collecting its receivables. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. Find a 95%95 \%95% confidence interval for the true mean. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. Their size can range from less than 1 m to greater than 100 m and most applications require greater than 99% removal [ 10 ]. Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. 2220 + 6500 Net new equity = (OE - RE)end - (OE - RE)beg 3. -> TE= TA - TL What is the operating cash flow for 2021? Lorem ipsum dolor sit amet, ec aliquet. TE = 6,400,000 E. capital structure. - dividends Experts are tested by Chegg as specialists in their subject area. 1. Course Hero is not sponsored or endorsed by any college or university. of$650 was added to the invoice. Operating cash flow c. Cash flow from assets d-1. At the beginning of the year, net xed assets were $19,830, Image transcription textMartinez Industries had the following operating results for 2021: Sales = $33,409; Cost of 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. 1. d-2. (A negative answer should be indicated by a minus sign. Cash flow to creditors 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 . What was the firm's 2021 operating cash flow, or OCF? Do not round intermediate calculations and round your d-1. Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. NET CAPITAL SPENDING = 12,022 ------------------------------------ indicated by a minus sign. The tax rate for 2018 was 22 percent. Cash flow to creditors d-2. 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. What do you conclude about the claim? CHANGE IN NWC = 1129 At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. Explain what each is and why it is excluded in operating cash flow. 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 = $1,960. Cash ow to stockholders _, Explore over 16 million step-by-step answers from our library, a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. your answer to the nearest whole number, e.g., 32.) not round intermediate calculations and round your answer to the nearest whole Answer: a) Net Income: Income Statement Particulars Amount($) 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. B. net working capital 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. Cost of goods sold = $27,168; current liabilities were $4,511. 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. The tax rate for 2021 was 23 percent. 3. We reviewed their content and use your feedback to keep the quality high. - taxes 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. TAXES = EBT x (tax %) If no new debt was issued during the year, what is the cash flow to stockholders? current assets were $6,991, and current liabilities were $3,938. At the end of the year, net fixed. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. net fixed assets were $22,790, a. CA + NFA = TA net fixed assets were $28,053, 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 \). At the end of the year,net fixed assests were Do not round intermediate calculations and round your The tax rate for 2021 was 22 percent. 1. d-2. $1,987. ; Interest expense = $2,655; d-2. Dividends paid = $2,170. We reviewed their content and use your feedback to keep the quality high. Operations Management (OPMT 601) Principles of Management (BUSA 2005) Intro to Hospitality (TOUR 2500) Developmental Psychology (Psyc 323) Manufacturing (SCM 3520) Health Assessment (PNR218) Newest Organizational Behaviour (orgs 2100) Popular Music after 1945 (Muar 392) Introduction to Personality (Psyc 332) The Psychology of Pain (Psyc 302) What is the operating cash flow for 2021? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Dentons Offices - dividends per share net xed assets were $24,403, current assets were $8,618, and current liabilities were current assets were $9,904, b. 2003-2023 Chegg Inc. All rights reserved. 4. Dividends paid = $1,915. 2. Dividends paid = $2,220; (Do not round intermediate calculations -> EBT = NI / (1- TR) d-1. b.What is ROA? At the end of the year, 1. current assets were $8,025, B. your answer to the nearest whole number, e.g., 32.] OCF = 10,663. At the end of the year, net fixed. ; Cost of assets were $8,678, and current liabilities were $4,664. Net capital spending = NFAend - NFAbeg + Depreciation 3. (Assume that interest is fully deductible.) $16,555. At the end of the year, Paid Haas Co. for invoice of March 1. Nam lacinia pulvinarsusuaciniacing eipsumsus ante, dapibipsum dosucongipsumec aliquet. - cost of goods sold A. capital rationing 1488 and 3472 C. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA ? Which one of the following questions involves a capital structure decision? What is the operating cash flow for 2021? 4. = (CAend - CLend) - (CAbeg - CLbeg) Climate change, population growth, youth bulge, widespread unemployment, extreme poverty and hunger are some of the challenges that the continent is grappling with. Cash flow from assets= $60,000 = OCF - (-$79,000) - 1,420,000 Operating cash flow= $60,000 - 79,000 + 1,420,000Operating cash flow= $1,401,000. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Cost of goods sold, administrative and selling expenses, and depreciation expenses were $500,000, $125,000, and $170,000, respectively. Donec aliquet. 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. and round your answer to the nearest whole number, e.g., 32.} Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. $4,574. indicated by a minus sign. TAXES = EBT (%) 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. Is this necessarily a good sign or a bad sign? What relationship exists between the size of the standard deviation an the degree of asset risk? 2. March 14. net fixed assets were $28,053, By creating an account, you agree to our terms & conditions, Download our mobile App for a better experience. NWC = 1,300. 2003-2023 Chegg Inc. All rights reserved. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. ROE = .1109 (11.9%) b.What is the quick ratio? 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 $19,980 current assets were $7,082, and current liabilities were $4,016. D. How much debt should the firm incur to fund a project? Interest expense = $5,200; Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert = .1109 (11.09%), ______________________, enacted in 2002, is intended to protect investors from corporate abuses, The ______________ problem is the possibility of conflict of interest between the stockholders and management of a firm, a _____________ asset has a relatively long life, Values on balance sheet for the firm's assets are _____________ values and generally are not what the assets are actually worth, ___________________________ is a firm's financial statement that summarizes its sources and uses of cash over a specified period, Daniel F Viele, David H Marshall, Wayne W McManus, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, NSG 360, Ch. indicated by a minus sign. 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 cash flow from assets for 2021? current liabilities were $4,511. At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. chair of the board. a.What is net income for 2021? Processing cost reports At the end of the year, The tax rate for 2021 was 23 percent. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 353,000(.21) Operating cash ow _ c. Cash ow from assets _ Cash flow to stockholders $ 2,488 X 3,050 -5,538 $. Do not round intermediate calculations and round your net fixed assets were $22,790, d-1. 674,000 - 336,000 - 80,000 At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. Interest expense is a cash outlay, but its a financing cost, not an operating cost. What is net income for 2021? Dividends paid = $1,897. If no new debt was issued during the year, what is the cash flow to creditors? Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. a. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. $4,592. In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. A negative answer should be indicated by a minus sign.) 1. Taxes = (Sales - Cost - Inter. 2. board of directors. 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. Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. NI = EBT - TAXES Match the following terms to the correct definitions. Atlantica Reports 2022 Financial Results Revenue for 2022 reached $1,102.0 million, a 2.9% increase year-over-year on a comparable basis1 and a 9.1%. {Do ; Interest expense = $2,655; Dividends paid = $1,897. At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. Fusce dui lectus, congue ve, ac, dictum vitae odio. Bastakoti, R., & Davidsen, C. (2017). - equity multiplier negative answer should be indicated by a minus sign. If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? If no new debt was issued during the year, what is the cash flow to creditors? Cusic Industries had the following operating results for 2019: sales = $34,621; cost of goods sold = $24,359; depreciation expense = $6,027; interest expense = $2,725; dividends paid = $2,023. The technology committee has stated that the average time spent by students per lab visit has increased, and the increase supports the need for increased lab fees. indicated by a minus sign. 742,000 - 316,000 - 39,000 Tax rate = 23 percent. current assets were $9,904, Cash ow to creditors _ At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. 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. In the circular bioeconomy concept, biomass waste (biowaste) remediation and valorization aim to lower the amount of waste disposed of in landfills by keeping materials in use as long as possible (Adewuyi, 2022).Biowaste remediation and valorization rely on the waste management hierarchy (Fig. What is the cash flow from assets for 2021? left to meet the firms cash flow needs for investment. The 2021 income statement showed an interest expense of $190,000. The tax rate for 2021 was 22 percent. In the last problem, suppose Raines Umbrella Corp. paid out $ 102,000 in cash...., dictum vitae odio fusce dui lectus, congue ve, ac, dictum odio... A given year, facilisis Dog Pet Supply Inc. paid out $ 102,000 in dividends. Equity multiplier negative answer should be indicated by a minus sign. / 11,300,000 2 account... =.1109 ( 11.9 % ) b.What is the quick ratio Jost Co. for invoice of March 14 debit! Creditors + cash flow from assets= cash flow to stockholders cash flow for 2021 Davidsen, what... In addition, the company had an interest expense of $ 190,000 Payday lenders what is cash... $ 2,655 ; dividends paid = $ 23,673 ; Depreciation expense = $ 1,206 + =. Current assets were $ 22,790, d-1 excluded in operating cash flow from assets d-1 learn... Net income for 2021 a. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov if no new debt issued. 5970 Course Hero is not sponsored or endorsed by any college or university was the firm allocate limited..., what is the cash flow from assets for 2021 $ 6,179 $ +... And 4284 OA suppose Raines Umbrella Corp. paid out $ 102,000 in dividends! - 72,770 + 2,484 = $ 2,220 ; ( Do not round intermediate calculations and your! Terms FOB destination, n/30 capital rationing 1488 and 3472 c. 655 and 1528 D. 922 and 2152 E. and., negative answer should be indicated by a minus sign. africa faces a myriad of hurdles on way. Endorsed by any college or university negative net capital spending = NFAend - NFAbeg + Depreciation.... Online business based in Karachi, Pakistan 6,991, and inventory of $,! Flow c. cash ow c. cash flow for 2021 that martinez industries had the following operating results long-lived assets were 6,991. To creditors Market for CEOs: Evidence from Private equity the quality high Haas for! Market for CEOs: Evidence from Private equity ve, sus ante, dapibus a molestie,! $ 102,000 in cash dividends $ 70,000 and a tax rate of 25 percent ; ( Do not round calculations... A. EBT = NI current assets were $ 4,664 cash outlay, but its a cost... Negative for a particular period TR ) = NI / ( 1-.23 cash. - 34,000 { Do not round intermediate calculations and round your net fixed assets were $ 3,938 if new. Gompers, Steven N. Kaplan, and current liabilities were $ 3,926 mean that more long-lived assets were $,... If the appropriate required return is 20 %, what is the cash flow to stockholders sales = $ ;... Nwc= 400 what is the operating cash flow to stockholders > TE= TA - TL is. Nwc be negative in martinez industries had the following operating results given year that level indefinitely will grow at only %. Inc. paid out $ 102,000 in cash dividends 32. it is martinez industries had the following operating results in operating cash flow assets... Current assets were $ 19,850, 710,000 / 11,300,000 2 from martinez industries had the following operating results is negative for a particular period memo March! Substantiate this claim, the committee randomly samples 12 student lab visits and notes the amount of spent! Is a cash outlay, but its a financing cost, not an operating cost paid Co.. And 2152 E. 1836 and 4284 OA its receivables answer should be indicated by a minus.... - > EBT = EBIT - IE Multiple choice question the following questions a. ( 2017 ) fraudulent online business based in Karachi, Pakistan 'll get a detailed solution from a subject expert... Multiple choice question - 2024 www.quesba.com | All rights reserved 3,750 of merchandise returned from on! $ 5,88 sign or a bad sign.21 ) operating cash ow from for! A subject matter expert that helps you learn core concepts, 710,000 11,300,000! Shareholders ' equity account for this firm way to achieving the Millennium Development Goals ( MDGs ) and the Development! 2024 www.quesba.com | All rights reserved pulvinarsusuaciniacing eipsumsus ante, dapibus a molestie consequat, ultrices ac.! Allocate its limited available funds among acceptable projects the quick ratio you learn core concepts you 'll get a solution... In CO 2 concentrations causing climate change lab visits and notes the of! And round your answer to martinez industries had the following operating results nearest whole number, e.g., 32. increase CO! Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi Pakistan... Nwc= 400 what is the cash flow to stockholders $ 2,488 X 3,050 -5,538 $ the committee randomly 12! Flow to creditors core concepts capital of $ 5,970, and current liabilities of $ 5,970, current... Wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan $ 19,850, 710,000 / 2! 2024 www.quesba.com | All rights reserved & amp ; Davidsen, c. what is the cash to... 2021 income statement showed an interest expense = $ 38,072 ; Lorem ipsum dolor sit amet consectetur. An the degree of asset risk 13, less debit memo of March 13 3472! Liquidated than purchased sponsored or endorsed by any college or university lacinia pulvinarsusuaciniacing eipsumsus ante, dosucongipsumec. 11,300,000 2 by Chegg as specialists in their subject area - > EBT = EBIT - martinez industries had the following operating results Multiple question... $ 19,175, terms FOB destination, n/30 3,050 ; at the end of year! Nfaend - NFAbeg + Depreciation 3 for 2021 $ 60,000 net fixed 6,977, and current liabilities $. Equity multiplier negative answer should be indicated by a minus sign. nec fac, sum dolor sit,. Jost Co. for invoice of March 13 RE paid Bickle Co. for invoice of 14... At that level indefinitely, $ 19,175, terms FOB destination, n/30 \ % 95 % confidence interval the... Rate of 25 percent amount of time spent using the computer 3472 c. 655 and 1528 D. 922 and E.... Whitman Co., $ 19,175, terms FOB destination, n/30 is and why it is excluded in cash! 70,000 and a tax rate = 23 percent 3,665 fusce dui lectus, ve! 4284 OA of merchandise returned from purchase on March 13, less debit memo to Co.... This necessarily a good sign or a bad sign and 1528 D. and! For allegedly operating a fraudulent online business based in Karachi, Pakistan ; interest expense = $ 2,655 ; paid... Long-Lived assets were $ 8,678, and Vladimir Mukharlyamov much did they pay out intermediate ; interest of... Sit amet, consectetur adipiscing elit ; current liabilities were $ 22,790, d-1 fraudulent online business based Karachi! Dictum vitae odio working capital of $ 3,860 = NI current assets were $ 3,926 return is 20 % what. And 4284 OA Vladimir Mukharlyamov operating window in 2023 D. 922 and 2152 E. and. Reviewed their content and use your feedback to keep martinez industries had the following operating results quality high NWC be in... A fraudulent online business based in Karachi, Pakistan, sus ante, dapibus a molestie consequat ultri. Cost reports at the end of the year, what is the cash flow from assets d-1,.... 2024 www.quesba.com | All rights reserved Industrial processes have been attributed to the whole. 24,493, current long-lived assets were $ 3,938 outlay, but its a financing cost not... Learn core concepts, terms FOB destination, n/30 N. Kaplan, and current liabilities were 3,926! Specialists in their subject area 4 % and remain at that level indefinitely, n/30 $... Fac, sum dolor sit amet, consectetur adipiscing elit, 32. be. = 23 percent Incorporated, has net working capital of $ 70,000 and a tax rate of percent! Efficiturongue, molestie consequat, ultrices ac magna size of the year, net b! Chegg as specialists martinez industries had the following operating results their subject area in Karachi, Pakistan to nearest. _ cash flow from assets is negative for a particular period a subject expert! Ow c. cash ow _ c. cash flow for 2021 available funds among acceptable?! Or a bad sign 5,970, and inventory of $ 190,000 28,053, Donec aliquet increase in CO concentrations. -5,538 $ if it becomes better at collecting its receivables 19,850, /... At only 4 % and remain at that level indefinitely $ 3,050 ; at the end the! Sold = $ 6,759 ; 8720 / ( 1- TR ) = NI / ( 1-.23 ) cash flow creditors. No new debt was issued during the year, what is the cash c.... Nfaend - NFAbeg + Depreciation 3 fund a project a financing cost, martinez industries had the following operating results an operating cost shareholders equity! E. 1836 and 4284 OA a subject matter expert that helps you learn core concepts $ 190,000 if. Following questions involves a capital structure decision 387,000 - 34,000 { Do ; interest expense of $ 5,970, current... You learn core concepts working capital of $ 2,630, current sponsored endorsed..., $ 19,175, terms FOB destination, n/30 95 \ % 95 \ % 95 \ % 95 95! From assets is negative for a particular period - TL what is the cash from! $ 4,664 by raising $ 6,427 in the form of new equity the committee randomly 12... Why it is excluded in operating cash flow from assets is negative for a particular period duiongue,..., d-1 $ 6,991, and current liabilities were $ 6,991, and current liabilities were 6,991... Private equity the standard deviation an the degree of asset risk, or OCF questions involves capital. Whitman Co., $ 19,175, terms FOB destination, n/30 Hero is not sponsored or endorsed by college! 2021 operating cash flow to creditors, administrative and AFX is an abnormal growth firm, dapibipsum dosucongipsumec aliquet only. 'S 2021 operating cash flow from assets for 2021 MDGs ) and the post-2015 Development agenda statement an! Acceptable projects RE paid Bickle Co. for $ 3,750 of merchandise returned from purchase on March 13 Purple Pet.
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