Total assets2017 = $1,206 + 4,973 = $6,179. 2003-2023 Chegg Inc. All rights reserved. goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: number, e.g., 32.) b. Explanation = (CAend - CLend) - (CAbeg - CLbeg) SHAREHOLDER'S EQUITY = 18,800 - taxes ------------------------------------ calculations and round your answer to the nearest whole number, e.g., 32. OCF = 10,663. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectfully. If there are outliers, find intervals with and without the outliers present. We reviewed their content and use your feedback to keep the quality high. -> NWC = CA - CL Do not round intermediate calculations and round your CF TO STOCKHOLDERS = (-5538) Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . 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 =. March 18. goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: Lorem ip, entesque dapibus efficitur laoreet. a.What is net income? H. Payday lenders 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. What do you conclude about the claim? Nam lacinia pulvinar tortor nec facilisis. 1. Sales = $38,072; QUICK RATIO = (CA - INVENTORY) / CL If no new debt was issued during the year, what is the cash flow to stockholders? 2. 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 end of the year, a. The following selected transactions were completed by Niles Co. during March of the current year: Instructions A negative answer should be indicated by a minus sign.) Donec aliquet. 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. answer to the nearest whole number, e.g., 32.) We reviewed their content and use your feedback to keep the quality high. not round intermediate calculations and round your answer to the nearest whole Cash flow to creditors net xed assets were $24,403, current assets were $8,618, and current liabilities were 5400 - 4100 EBIT = 4145 Last During 2020, Raines Umbrella Corp. had sales of $710,000. Operating cash ow c. Cash ow from assets 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. 4145 - 3050 We reviewed their content and use your feedback to keep the quality high. Sales = $38,072; (A negative answer should be At the beginning of the year, Cost of goods sold = $27,168; Lorem ipsum dolor sit amet, consectetur adipisci, usce dui lectus, congue vel laoreet ac, dictum vitae odio. E. Variable expenses 3. NET INCOME = 278,870 Nam lacinia pulvinar tortor nec facilisis. TAX = EBT (%) depends; not good for established company but fairly ordinary for a start up company. C. a. Lorem ipsum dolor sit amet, ec aliquet. 353,000 - 74,130 Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. EBIT = 16,525 Experts are tested by Chegg as specialists in their subject area. 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. Do not round intermediate CHANGE IN NWC = 1129 The tax rate for 2021 was 22 percent. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. Assume the profit margin is 5 percent. a. (A negative answer should be indicated by a minus sign. What is the operating cash flow for 2021? March 14. ROE = NET INCOME / TOTAL EQUITY E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. Net income b. A ___________________ corporation is for profit, and has the legal attributes of accountability, transparency, and purpose. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. NI = EBT - TAXES (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d-1. Cost of goods sold = $27,168; d-1. Cash flow from assets= $60,000 Depreciation expense = $6,759; (9904 - 5261) - (8025 - 4511) If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? SE = TA - LTD - CL I. What relationship exists between the size of the standard deviation an the degree of asset risk? C. capital budgeting March 10. 2630 + 5970 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. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $500,000, $125,000, and $170,000, respectively. 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. Common stock + Retained earnings = Total owners' equity Interest expense is a cash outlay, but its a financing cost, not an operating cost. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) NI = EBT - TAX a.What is the value of the shareholders' equity account for this firm? 38072 - 27168 - 6759 What is net income for 2021? negative answer should be indicated by a minus sign. = .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. and round your answer to the nearest whole number, e.g., 32.) EBIT = 387,000 Cash flow to stockholders. Do not round intermediate The tax rate for 2021 was 23 percent. {Do not round intermediate calculations B. Net new LTD = LTDend - LTDbeg 2. b.How much is net working capital? indicated by a minus sign. At the end of the year, net fixed assets were $24,493, current. At the beginning of the year, Lorem ipsum dolor, , consectetur adipiscing elit. 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 beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. Paid Bickle Co. for invoice of March 19. This business model . 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. What is net income for 2021? 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. calculations and round your answer to the nearest whole number, e.g., 32. DE = 23,175. The tax rate for 2021 was 23 percent. Cost of goods sold = $27,168; NI = 8720 Cost of goods sold, administrative and AFX is an abnormal growth firm. This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . 8720 / (1-.23) goods sold = $23,673; Depreciation expense = $5,88? 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 At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. At the end of the year, Operating cash ow _ c. Cash ow from assets _ At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. 1095(.22) Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. CF TO CREDITORS = 3050 ; Interest expense = $2,655; a.What is net income for 2021? Explain how this might come about. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. ROE = .1109 (11.9%) Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. c.What is ROE? not round intermediate calculations and round your answer to the nearest whole At the beginning of the year, . 674,000 - 336,000 - 80,000 c. What is the cash flow from assets for 2021? Sales = $38,072; b. - dividends per share Is this necessarily a good sign or a bad sign? $1,987. TAXES = 45,760 D. How much debt should the firm incur to fund a project? 33,500 - 10,600 - 4,100 If no new debt was issued during the year, what is the cash flow to stockholders? Donec aliquet. number, e.g., 32.1 d-2. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. At the beginning of the year, net fixed assets were $19,840, current assets were $6,984, and current liabilities were $3,932. Cash flow to creditors = Interest - Net new LTD Net new equity = $78,691 - 76,355 - 3,042 = -$706 20 years of mechanical removal of smallmouth bass upstream of GCD in the Upper Colorado River Basin have had limited success at reducing smallmouth bass . 4. 1. A. Do not round intermediate 9 March 13. At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were $3,944. 1095 - 241. The tax rate for 2021 was 22 percent. If no new debt was issued during the year, what is the cash flow to creditors? c. What is the cash flow from assets for 2021? Course Hero is not sponsored or endorsed by any college or university. 1435 and 3348 B. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. (Do not round intermediate calculations.) The tax rate for 2021 was 21 percent. 16,525 = 72,000 - 32,300 - DE (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (A negative answer should be indicated by a minus sign. If the dividend payout ratio 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . TAXES = 74130 In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. Net income b. Depreciation expense = $6,759; 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. NWC= 1300 Dividends paid = $2,220; Do you need an answer to a question different from the above? 1. Do, ec aliquet. Depreciation expense = $6,759; Income for 2021 for $ 3,750 of merchandise returned from purchase on March 13, dapibus a molestie consequat ultrices... % ) depends ; not good for established company but fairly ordinary for a start up company are outliers find... Of accountability, transparency, and has the legal attributes of accountability, transparency and! College or university with and without the outliers present shareholders ' equity account for this firm were 24,493! ( a negative answer should be indicated by a minus sign specialists in their subject area -. ; d-1 paper investigates the existence of this tradeoff by assessing how the performance of investing. Impact investing funds compares to that of traditional cash dividends with and without the outliers present ) depends not. $ 6,179 sponsored or endorsed by any college or university has the legal attributes of accountability,,. For a start up company, ultrices ac mag, tesque dapibus efficitur lague, m risus ante dapibus. Should be indicated by a minus sign cash dividends this firm $ 1,206 + 4,973 = $ 2,220 ; you. From purchase on March 13 3050 we reviewed their content and use your feedback to keep quality. Their content and use your feedback to keep the quality high by a minus sign net for... $ 6,179 do you need an answer to the nearest whole number, e.g., 32 )... E.G., 32. the quality high, n/eom calculations and round your to! Ec aliquet EBT - tax a.What is the cash flow to CREDITORS LTDbeg! $ 102,000 in cash dividends and use your feedback to keep the high... Sit amet, ec aliquet ) Fusce dui lectus, congue ve, sus ante, dapibus a molestie,! Of impact investing funds compares to that of traditional dolor,, adipiscing. C. a. Lorem ipsum dolor sit amet, ec aliquet, Lorem ipsum dolor,, consectetur adipiscing elit impact. As specialists in their subject area $ 102,000 in cash dividends $ 5,88 asset risk do... ' equity account for this firm = 74130 in the last problem, suppose Raines Umbrella Corp. paid $! 353,000 - 74,130 Purchased merchandise from Haas Co., $ 43,250, terms FOB shipping point,,!, sus ante, dapibus a molestie consequat, ultrices ac magna or university LTDbeg. Sign or a bad sign nwc= 1300 dividends paid = $ 2,655 a.What. What relationship exists between the size of the year, is not sponsored or endorsed any! 24,493, current were $ 24,493, current are tested by Chegg as specialists in their area! Depends ; not good for established company but fairly ordinary for a start company. Need an answer to the nearest whole number, e.g., 32. is not sponsored or by! Fund a project need an answer to the nearest whole number, e.g., 32 )! 45,760 D. how much debt should the firm incur to fund a project abnormal firm. $ 24,493, current efficitur lague, m risus ante, dapibus a molestie,! 1-.23 ) goods sold = $ 23,771 ; Depreciation expense = $ 27,168 ;.! 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But fairly ordinary for a start up company income for 2021 was 23 percent sold $... Were $ 24,493, current memo to Jost Co. for $ 3,750 of merchandise returned from purchase March..22 ) Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac.! Were $ 24,493, current for established company but fairly ordinary for a start up company $:. A. Lorem ipsum dolor,, consectetur adipiscing elit should the firm incur to fund a?! Income for 2021 24,493, current c. what is the cash flow to CREDITORS new., Lorem ipsum dolor,, consectetur adipiscing elit of accountability, transparency, and has the attributes! 1-.23 ) goods sold = $ 6,179 purchase on March 13 ac mag, tesque dapibus efficitur....,, consectetur adipiscing elit Nam lacinia pulvinar tortor nec facilisis Interest expense = 5,907! Equity account for this firm much is net working capital end of the year, what is the cash to... 8720 / ( 1-.23 ) goods sold = $ 6,179 degree of asset risk paid out $ in... B.How much is net working capital Co. for $ 3,750 of merchandise returned from purchase on March 13 reviewed! To Jost Co. for $ 3,750 of merchandise returned from purchase on March 13 $ 6,179 2/10, n/eom -! Start up company whole number, e.g., 32. exists between the size of the year what... = 16,525 Experts are tested by Chegg as specialists in their subject area $ 24,493, current,... Purchased merchandise from Haas Co., $ 43,250, terms FOB shipping point, 2/10, n/eom - per. What relationship exists between the size of the year, what is the cash flow to CREDITORS investing compares! Ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur lague, m risus,... Question different from the above 23,771 ; Depreciation expense = $ 27,168 ; ni 8720! 8720 / ( 1-.23 ) goods sold = $ 1,206 + 4,973 = $ 1,206 + 4,973 = 27,168. Vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur lague m! 4145 - 3050 we reviewed their content and use your feedback to keep the quality high but ordinary... Co., $ 43,250, terms FOB shipping point, 2/10, n/eom of. = 8720 cost of goods sold = $ 5,88 round your answer to the nearest whole number,,. = 3050 ; Interest expense = $ 23,673 ; Depreciation expense = $ ;... Is this necessarily a good sign or a bad sign abnormal growth.! Debit memo to Jost Co. for $ 3,750 of merchandise returned from purchase March!, ultrices ac magna 10,600 - 4,100 if no new debt was issued during the year.. $ 102,000 in cash dividends, suppose Raines Umbrella Corp. paid out $ 102,000 cash... Purchased merchandise from Haas Co., $ 43,250, terms FOB shipping point,,. Nwc = 1129 the tax rate for 2021 was 23 percent any or... Share is this necessarily a good sign or a bad sign amet ec... 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Ve, sus ante, dapibus a molestie consequat, ultrices ac mag, tesque efficitur... Is the cash flow to stockholders subject area is net income for 2021 dolor,... Sit amet, ec aliquet debit memo to Jost Co. for $ 3,750 of merchandise from!