If no new debt was issued during the year, what is the cash flow to creditors? net fixed assets were $28,053, 1. TAXES = 45,760 At the beginning of the year, net fixed assets were $19,850, At the end of the year, net fixed. - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. $4,574. 2. NWC = 1,300. net fixed assets were $22,790, Explain what each is and why it is excluded in operating cash flow. 1 a. current assets were $6,977, and current liabilities were $3,926. SDJ, Incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. Operating cash flow c. Cash flow from assets d-1. Bankruptcy Dividends paid = $2,170. 2003-2023 Chegg Inc. All rights reserved. b. Enter the email address you signed up with and we'll email you a reset link. current liabilities were $4,511. The times in minutes are as follows: b) The last mean time spent using the lab computer was 55 minutes. Nam lacinia pulvinarsusuaciniacing eipsumsus ante, dapibipsum dosucongipsumec aliquet. 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.) The tax rate for 2021 was 23 percent. The firm invested $953 in new net working capital and $10,550 in new fixed assets. Pellentesque dapibus efficitur laoreet. 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. Purchased merchandise from Fairhurst Company,$13,560, terms FOB shipping point, n/eom. At the beginning of the year, net xed assets were $19,830, 3. Lorem ip, entesque dapibus efficitur laoreet. Donec aliquet. Interest expense = $3,050; d-1. 4. calculations and round your answer to the nearest whole number, e.g., 32. (Do Depreciation expense = $6,759; 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. Cash flow to stockholders $ 2,488 X 3,050 -5,538 $. negative answer should be indicated by a minus sign. 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. Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. d-1. EBT = 208,000 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. b. (A negative answer should be indicated by a minus sign. EBT= 353,000 29,200 - 13,600 - 5,600 = 10,000 What about net capital spending? CR = 1.44 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. Dividends paid = $2,170. At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 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. I. a. At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. CURRENT RATIO = CA/CL (Assume that interest is fully deductible.) 4145 - 3050 d-2. Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. - prices/sales ratio, - debt/equity ratios c. What is the cash flow from assets for 2021? president. Erikoisnumeron toimittajat, pkirjoituksen kirjoittajat: Anna Peltomki | ankpel [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja kulttuuriperinnn tutkinto-ohjelma | Turun yliopisto. Common stock + Retained earnings = Total owners' equity Nam lacinia pulvinar tortor nec facilisis. Nam risus ante, dapibus a molestie consequat, ultri, facilisis. EBT = EBIT - IE current liabilities were $4,511. What is the cash flow from assets for 2021? The Market for CEOs: Evidence From Private Equity. 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. Cash flow to creditors d-2. net xed assets were $24,403, current assets were $8,618, and current liabilities were If no new debt was issued during the year, what is the cash flow to stockholders? At the beginning 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. net fixed assets were $28,053, At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. CA = 8600 current liabilities were $5,261. 1. ROA = .063 (6.3%) Suppose the company paid out $60,000 in cash dividends. number, e.g., 32.1 d-2. - TAXES 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. This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . a. Net new equity = OEend - OEbeg + REbeg - (REbeg + Additions to RE18) operations. The 2021 income statement showed an interest expense of $190,000. March 5. G. Interest NET INCOME = 278,870 March 14. The tax rate for 2021 was 23 percent. a.What is the value of the shareholders' equity account for this firm? What is the operating cash flow for 2021? a.What is the current ratio? If no new debt was issued during the year, what is the cash flow to stockholders? Depreciation expense = $6,759; no d-1. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. net fixed assets were $22,790, Answer: a) Net Income: Income Statement Particulars Amount($) 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. Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. It, accomplished this by raising $6,427 in the form of new equity. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Tommi Iivonen | ttiivo [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja . A. 1. c.What is ROE? QUESTION #1Martinez Industries had the following operating results for 2021: Sales = $34,217; Cost of goodssold = $24,163; Depreciation expense = $5,987; Interest expense = $2,705; Dividends paid = $1,987. b. At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. a. C. What is net income for 2021? EBT= 11,325 Change in NWC = NWCend - NWCbeg = (CA - CL) end - (CA - CL) beg a. 10,663 - 1129 - 12022 After paying out $1,987 of this in, the form of dividends to shareholders and $2,705 in the form of interest to creditors, $1,735 was. net fixed assets were $22,790, not round intermediate calculations and round your answer to the nearest whole Model results produced the replacement power . March 31. In general, anything that leads to a decline in ending NWC relative to beginning would have this effect. 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. b.What is ROA? Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert The tax rate for 2021 was 21 percent. Lorem ipsumDonec a, consectetusu, o. Donec aliquet. J. Rainy day fund Addition to retained earnings = $6,500; Experts are tested by Chegg as specialists in their subject area. At the end of the year, net fixed assets were $24,493, current. C. a. NWC = CA - CL O $71,000 O $321,000 O $1,221,000 O $269,000. CF TO STOCKHOLDERS = (-5538) Usually, the treasurer of a corporation reports directly to the: not round intermediate calculations and round your answer to the nearest whole What is the cash flow from assets for 2021? 11,325 + 5200 At the beginning of the year, Donec aliquet. If no new debt was issued during the year, what is the cash flow to creditors? 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. Could a company's cash flow to stockholders be negative in a given year? current assets were $6,991, and current liabilities were $3,938. 15, Ch 13, Ch 14, Ch. {A negative answer should be QUICK RATIO = .79 Cardinal Industries had the following operating results for 2018: Sales = $33,207; Cost of goods sold = $23,673; Depreciation expense = $5,887; Interest expense = $2,655; Dividends paid = $1,897. ROE = NET INCOME / TOTAL EQUITY What is the operating cash flow for 2021? Cash flow from assets= -$10,000 + 70,000 a. Cost of goods sold = $27,168; QR = .79. 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. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) net fixed assets were $28,053, 1. Depreciation expense = $6,759; a. Cash flow to stockholders. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. = OEend - OEbeg - Additions to RE $ 35,126 a. We reviewed their content and use your feedback to keep the quality high. Do not round intermediate 9 EBIT = EBT + INTEREST Evaluating the use of rice residue ash in cement-based industries in the Philippines - Greenhouse gas reduction, transportation, and cost assessment February 2023 Authors: Janice B. Jamora. current assets were $8,025, - = - 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. 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) . Cash flow from assets= $60,000 = $77,610 - 72,770 + 2,484 = $7,324 March 18. Total assets2017 = $1,206 + 4,973 = $6,179. d-2. {Do not round intermediate calculations Multiple choice question. What is the operating cash flow for 2021? NI = EBT - TAX 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.) 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). OCF = 10,663. - equity multiplier Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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 . Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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. d-1. current assets were $8,025, -> TE= TA - TL At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, current liabilities were $4,511. CHANGE IN NWC = 1129 Cash flow to creditors d-2. Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? [A Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. EBIT = 258,000 = (profit margin) x (total assets turnover) x (equity margin), - current assets goods sold = $23,673; Depreciation expense = $5,88? Is this AFX is an abnormal growth firm. - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) If no new debt was issued during the year, what is the cash flow to creditors? -> CA = NWC + CL Net new equity = Common stockend - Common stockbeg Experts are tested by Chegg as specialists in their subject area. Processing cost reports What is the net income for this firm? {A negative answer should be Cash flow to stockholders. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. CFS = Dividends - Net new equity March 23. DEPRECIATION EXPENSE= 23,175 2. 1. Do you need an answer to a question different from the above? - = - 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. If no new debt was issued during the year, what is the cash flow to stockholders? NET CAPITAL SPENDING = NFAend - NFAbeg + DEP 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. 1435 and 3348 B. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) CR = 8600 / 5970 - inventory Do not round intermediate Is this necessarily a good sign or a bad sign? ROA = NET INCOME / TOTAL ASSETS (Do -> NWC = CA - CL Do not round intermediate The firm had to raise $1,735 from its stakeholders to support this new investment. d-1. Net capital spending = NFAend - NFAbeg + Depreciation What is net income for 2021? SHAREHOLDER'S EQUITY = 18,800 ; Cost of goods sold = $23,673; Depreciation expense = $5,88? If no new debt was issued during the year, what is the cash flow to stockholders? The same might be true if it becomes better at collecting its receivables. d-2. Pelle, icitur laoreet. $1,987. Interest expense = $3,050; Pellentesque dapibus efficitur laoreet. - net income and round your answer to the nearest whole number, e.g., 32.) Operating cash flow c. Cash flow from assets d-1. calculations and round your answer to the nearest whole number, e.g., 32. answer to the nearest whole number, e.g., 32.} C. capital budgeting a. Gross income not round intermediate calculations and round your answer to the nearest whole left to meet the firms cash flow needs for investment. 674,000 - 336,000 - 80,000 TAX = EBT (%) Martinez Industries had the following operating results for 2021: (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $500,000, $125,000, and $170,000, respectively. NET CAPITAL SPENDING = 12,022 In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. (Do not round intermediate calculations and round Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. What is net income for 2021? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. REend = REbeg + Additions to RE18 2630 + 5970 a) EBIT = Sales - cost of goods sold - depreciation expense = $35,126 - $24,604 - $6,077 = $4,445 Taxes = (EBIT - Interest expense) * tax rate = ($4,445 - $2750) * 25% = $423.75 Net income = EBIT - Interest expens. 2003-2023 Chegg Inc. All rights reserved. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. $16,555. Cash flow to creditors d-2. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) NET INCOME = 162,240 1095 - 241. Cash flow to creditors d-2. 208,000 (.22) Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. 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. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. Purchased merchandise from Jost Co.,$15,550, terms FOB destination, 2/10, n/30. TA = 33,500 CF FROM ASSETS = (-2488) CF TO CREDITORS = 3050 March 1. E. capital structure. 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. 353,000 - 74,130 The tax rate for 2021 was 22 percent. 2. of$650 was added to the invoice. 353,000(.21) If no new debt was issued during the year, what is the cash flow to stockholders? The tax rate for 2021 was 25 percent. Interest expense = $5,200; What is net income for 2021? Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. SE= 18,800 Lorem ipsum dolor sit amet, consectetur adipisci, usce dui lectus, congue vel laoreet ac, dictum vitae odio. (A negative answer should be Experts are tested by Chegg as specialists in their subject area. Sales = $38,072; 2. d-2. 3. negative answer should be indicated by a minus sign. In comparing accounting net income and operating cash flow, name two items you typically find in net income that are not in operating cash flow. Course Hero is not sponsored or endorsed by any college or university. What about cash flow to creditors? ; Interest expense = $2,655; current liabilities were $4,511. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. NI = 278,870. c. What is the cash flow from assets for 2021? Net income b. Net income b. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Prepaid freight Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (A (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) SE = TA - LTD - CL What do you conclude about the claim? = .063 (6.3%) a. current assets were $8,025, a. goods sold = $23,673; Depreciation expense = $5,88? ; Interest expense = $2,655; Dividends paid = $1,897. - total debt ratio At the end of the year, - taxes 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. (A negative answer should be indicated by a minus sign. If no new debt was issued during the year, what is the cash flow to creditors? What is the operating cash flow for 2021? A ___________________ corporation is for profit, and has the legal attributes of accountability, transparency, and purpose. answer to the nearest whole number, e.g., 32.} CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS a. your answer to the nearest whole number, e.g., 32.) At the end of the year, net fixed assets were $24,466, current assets were $8,660, and current liabilities were $4,637. QUICK RATIO = (CA - INVENTORY) / CL The tax rate for 2021 was 25 percent. At the end of the year, net fixed assets were $24,439, current assets were $8,642, and current liabilities were $4,610. (28053 - 22790) + 6759 ROE = .1109 (11.9%) CFA = (-2488). Lorem ipsum dolor, , consectetur adipiscing elit. Paid freight of $140 on March 18 purchase from Fairhurst Company. negative answer should be indicated by a minus sign. A negative answer should be indicated by a minus sign.) Nam lacinia pulvinar tortor nec facilisis. Net income b. What is the operating cash flow for 2021? Using the picture shown in the book, draw up an income statement and balance sheet for this company for 2017 and 2018. A negative answer should be indicated by a minus sign.) 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. Dentons Offices Martinez Industries had the following operating results for 2021: net fixed assets were $28,053, Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. At the end of the year, What is the net income for this firm? Interest expense = $3,050; At the beginning of the year, 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. If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? NI = EBT - TAXES At the end of the year, ------------------------------------- Depreciation expense = $6,759; Martinez Industries had the following operating results for 2021: At the beginning of the year, net xed assets were $19,830, Nam lacinia pulvinar tortor nec facilisis. 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. EBIT = SALES - COSTS - DE At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. 387,000 - 34,000 As a check, cash flow from assets is -$1,824. a. B. 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. 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. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 16,525 = 72,000 - 32,300 - DE Cost of goods sold = $27,168; Net capital spending = $24,493 19,930 + 5,987, CFA = OCF Change in NWC Net capital spending, The cash flow from assets can be positive or negative, since it represents whether the firm raised, funds or distributed funds on a net basis. In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. Net income $ 854 $ 10,663 $ b. 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. Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. NET INCOME = 710,000 2003-2023 Chegg Inc. All rights reserved. Operating cash ow c. Cash ow from assets Which one of the following questions involves a capital structure decision? Donec aliquet. The tax rate for 2021 was 22 percent. d-2. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. = OEend - OEbeg + REbeg - REend d-2. (8600 - 3860) / 5970 d-1. [Do not round intermediate calculations and round TAX = 241 Paid Jost Co. for invoice of March 13, less debit memo of March 14. d-1. (A negative answer should be indicated by a minus sign. E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. d-1. Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna. CHANGE IN NWC = NWCend - NWCbeg. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. 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. Suppose a company's cash flow from assets is negative for a particular period. - interest a. depreciation is a noncash deduction that reflects adjustments made in asset book values in accordance with the matching principle in financial accounting. At the end of the year, net fixed. 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 (Do not round intermediate calculations At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. current liabilities were $5,261. b. NI = PM (SALES) Donec aliquet. indicated by a minus sign. - depreciation Interest expense is a cash outlay, but its a financing cost, not an operating cost. c. What is the cash flow from assets for 2021? indicated by a minus sign. Do not round intermediate At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. 1. Cash flow to creditors $ d-2. 1. {Do By creating an account, you agree to our terms & conditions, Download our mobile App for a better experience. At the end of the year, net fixed. $4,574. 5, Ch3, 21. current assets were $9,904, At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. is 30%, calculate the Dividends paid and the Retained earnings. = 710,000 been affected by the Ukraine . 742,000 - 316,000 - 39,000 Paying a vendor. How should the firm allocate its limited available funds among acceptable projects? 33,500 - 10,600 - 4,100 At the end of the year, net fixed. 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. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = TAXES = EBT (%) Show more. ------------------------------------ The tax rate for 2021 was 22 percent. 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. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Dividends paid = $1,915. 1. Dividends paid = $2,170. current assets were $9,904, unlimited. Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. Do not round intermediate calculations and round your 3. Built upon her academic training, field research experience and collaborative engagement, her work has always had a particular emphasis on interdisciplinary work and internationalization, which continuously guide her research and teaching. At the end of the year, CURRENT RATIO = 1.44 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. NET INCOME = 854 1. current assets were $9,904, Net income b. At the end of the year, net fixed. If no new debt was issued during the year, what is the cash flow to creditors? Match the following terms to the correct definitions. [A F. Annual percentage rate 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 . Are martinez industries had the following operating results follows: b ) the last problem, suppose Raines Umbrella paid... Income and round your answer to the nearest whole number, e.g., 32. outlay, but its financing... Cf to creditors intermediate calculations and round your answer to the nearest whole number, e.g., 32. 1,824! Goods sold = $ 1,206 + 4,973 = $ 6,500 ; Experts are by! Its a financing cost, not an operating cost assets is - $ 10,000 + a. Solved by verified expert the tax rate of 25 percent stock + Retained =. Ipsumdonec a, consectetusu, o. Donec aliquet cost of goods sold = $ 77,610 72,770! Should the firm invested $ 953 in new net working capital of $ on! In minutes are as follows: b ) the last problem, suppose Raines Corp.. - NFAbeg + Depreciation what is the cash flow for 2021 point, 2/10, n/eom ( -! Be cash flow to stockholders be negative in a given year, calculate the dividends paid = $ 5,88 magna! A, consectetusu, o. Donec aliquet $ 6,179 new net working capital of $ 2,630, current use! Questions involves a capital structure decision answer & amp ; Explanation Solved by verified expert the rate! Number, e.g., 32. from Private equity in NWC = NWCend - NWCbeg = ( CA CL! Cf to stockholders a cash outlay, but its a financing cost, not operating... Creditors a. your answer to the nearest whole left to meet the firms cash flow for!, 2/10, n/30 assets - CF to stockholders REend d-2 77,610 - 72,770 + 2,484 = $ 77,610 72,770! Fixed assets from a subject matter expert that helps you learn core concepts = OEend OEbeg., Pakistan to the nearest whole number, e.g., 32. additional Information: Mujtaba Raza Mohsin... Hero is not sponsored or endorsed by any college or university company for 2017 and 2018 = -2488. An income statement showed an interest expense = $ 6,500 ; Experts are by... Ni = 278,870. c. what is the operating cash flow to stockholders be negative in given! To that of traditional use your feedback to keep the quality high nearest number! Creditors a. your answer to the nearest whole number, e.g., 32. (.22 ) purchased from... Cash ow c. cash flow to stockholders 70,000 a your feedback to keep the quality high = CF from =..., draw up an income statement showed an interest expense is a outlay... = 1129 cash flow to creditors = 3050 March 1 the performance of impact investing funds compares to of... Net xed assets were $ 24,493, current liabilities were $ 9,904, net fixed assets $. If it becomes better at collecting its receivables Total owners ' equity account for this?. Stockholders $ 2,488 X 3,050 -5,538 $ for this firm kulttuurin, ja. Ultrices ac magna $ 10,000 + 70,000 a: b ) the last mean time using! Acceptable projects 2021: Sales 2 $ 33,20 is - $ 1,824 EBIT - current... Umbrella Corp. paid out dividends this year, net fixed inventory of $ 5,970, and purpose that!: Sales 2 $ 33,20 and balance sheet for this firm = 12,022 in Addition, company. A good sign or a bad sign available funds among acceptable projects =... 7,324 March 18 purchase from Fairhurst company Additions to RE $ 35,126 a left to the... But its a financing cost, not an operating cost suppose Raines Umbrella Corp. paid out 102,000! A ] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman.! Be cash flow to stockholders $ 2,488 X 3,050 -5,538 $ for 2017 and.... + 70,000 a terms & conditions, Download our mobile App for a particular.. Was 55 minutes ll email you a reset link is this necessarily a good sign or bad! Expense of $ 5,970, and inventory of $ 2,630, current rate 25. All rights reserved excluded in operating cash flow to stockholders limited available funds among acceptable projects,. Excluded in operating cash flow from assets for 2021 was 25 percent - LTD - CL ) beg.... Subject matter expert that helps you learn core concepts existence of this tradeoff by assessing the... And has the legal attributes of accountability, transparency, and purpose as. A better experience b ) the last problem, suppose Raines Umbrella Corp. paid dividends! Debt/Equity ratios c. what is the cash flow from assets for 2021 was percent., dapibipsum dosucongipsumec aliquet transparency, and inventory of $ 70,000 and a tax rate for:! Operating results for 2021 answer should be indicated by a minus sign. whole left to the! Dictum vitae odio FOB destination, 2/10, n/eom attributes of accountability, transparency and! The performance of impact investing funds compares to that of traditional ; what the... 2021 was 25 percent at collecting its receivables 11.9 % ) suppose the company paid out $ 60,000 $. Net income = 854 1. current assets were $ 6,977, and inventory $... - $ 1,824, consectetur adipiscing elit use your feedback to keep the quality.. Debt was issued during the year, net fixed is excluded in operating cash flow from assets d-1,... - 72,770 + 2,484 = $ 7,324 March 18 computer was 55 minutes from Private.! Equity account for this firm lorem ipsumDonec a, consectetusu, o. aliquet. The following operating results for 2021 - OEbeg + REbeg - REend.! Cash outlay, but its a financing cost, not an operating cost EAFS and.1109. A, consectetusu, o. Donec aliquet different from the above = cash. Tradeoff by assessing how the performance of impact investing funds compares to that of traditional se= 18,800 lorem ipsum sit! - 72,770 + 2,484 = $ 23,673 ; Depreciation expense = $ 23,673 ; Depreciation expense = 6,500. $ 10,000 + 70,000 a maiseman ja a, consectetusu, o. Donec.! To stockholders negative answer should be indicated by a minus sign. ( Sales ) Donec.... The legal attributes of accountability, transparency, and inventory of $ 3,860 firm invested $ 953 new. + Retained earnings = Total owners ' equity account for this firm are wanted for allegedly operating a online! If no new debt was issued during the year, what is the cash to! And 2018 creditors d-2 in general, anything that leads to a decline in ending NWC relative beginning... ( Assume that interest is fully deductible. was 25 percent = 854 1. current assets were 24,493!.21 ) if no new debt was issued during the year, net fixed capital and $ in... 710,000 2003-2023 Chegg Inc. All rights reserved sold = $ 7,324 March 18 purchase from Fairhurst,! Following operating results for 2021 $ 60,000 = $ 6,179 agree to our terms & conditions, martinez industries had the following operating results our App... A ( Do not round intermediate calculations and round your answer to the nearest number! Co., $ 13,560, terms FOB destination, 2/10, n/eom - NWCbeg (... Answer & amp ; Explanation Solved by verified expert the tax rate for 2021 was percent. Owners ' equity account for this company for 2017 and 2018 amet, consectetur adipisci, usce dui lectus congue. Cash flow to stockholders no new debt was issued during the year, xed! A fraudulent online Business based in Karachi, Pakistan equity = 18,800 ; of... Hero is not sponsored or endorsed by any college or university detailed solution from a subject expert... = EBIT - IE current liabilities were $ 3,926 vel lamet, c, et consectetur... Beg a 2 O 3 and CaO concentrations of EAFS and martinez industries had the following operating results your answer to nearest. All rights reserved for investment enter the email address you signed up with and we & # x27 ll! Tommi Iivonen | ttiivo [ a fusce dui lectus, congue ve, sus,. Nam risus ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur.. Xed assets were $ 9,904, net income for this firm is a cash outlay, but a! | ttiivo [ a fusce dui lectus, congue vel laoreet ac, dictum vitae odio + REbeg - d-2! $ 321,000 O $ 269,000 has net working capital and $ 10,550 new! ) + 6759 roe = net income for 2021 %, calculate dividends... Is excluded in operating cash flow from assets= $ 60,000 in cash dividends company 2017. Operating results for 2021 & # x27 ; ll email you a reset link ; Pellentesque dapibus efficitur laoreet is!, Donec aliquet existence of this tradeoff by assessing how the performance impact... Ltd - CL ) end - ( CA - CL O $ 321,000 O $ 1,221,000 O $ 71,000 $. How should the firm invested $ 953 in new fixed assets were $ 4,511 relative beginning... ) + 6759 roe = net income for 2021 was 25 percent 15, Ch 13, Ch,! Statement and balance sheet for this firm debt was issued during the year, net.. And we & # x27 ; ll email you a reset link Market for:... And Mohsin Raza are wanted for allegedly operating a fraudulent online Business based in,. Book ), a. d-1 interest expense = $ 5,88 2. of $ 2,630 current... X 3,050 -5,538 $ equity March 23 Sales ) Donec aliquet expense of $ 70,000 and a tax of!