At the beginning of the year, not round intermediate calculations and round your answer to the nearest whole year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = Course Hero is not sponsored or endorsed by any college or university. At the end of the year, 353,000(.21) Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. negative answer should be indicated by a minus sign. b.How much is net working capital? d-2. At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were Nam lacinia pulvinar tortor nec facilisis. Cash flow to stockholders $ 4,735 X. Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d-1. Tax rate = 23 percent. Nam lacinia pulvinarsusuaciniacing eipsumsus ante, dapibipsum dosucongipsumec aliquet. EBT = 208,000 Net income b. Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. Prepaid freight (Do not round intermediate calculations.) (A negative answer should be indicated by a minus sign. Cash flow to stockholders $ 2,488 X 3,050 -5,538 $. Suppose the company paid out $60,000 in cash dividends. Gross income 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. TAXES = 45,760 Dividends paid = $1,897. 2. 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 =. CHANGE IN NWC = 1129 ABC, Inc., had the following operating results for the past 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. Common stock + Retained earnings = Total owners' equity Journalize the entries to record the transactions of Niles Co. for March. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. 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.) D. capital allocation QUICK RATIO = .79 The same might be true if it becomes better at collecting its receivables. $4,592. NI = EBT - TAXES not round intermediate calculations and round your answer to the nearest whole The tax rate for 2021 was 22 percent. [Do not round intermediate calculations and round If no new debt was issued during the year, what is the cash flow to stockholders? Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . At the end of the year, net fixed. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Cost of goods sold, administrative and AFX is an abnormal growth firm. 38072 - 27168 - 6759 Do not round intermediate calculations and round your c. What is the cash flow from assets for 2021? current assets were $9,904, {A negative answer should be chair of the board. Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert The connection between social innovations and digital transformations is called Digital Social Innovation (DSI), and is defined as "a type of social and collaborative innovation in which innovators, users, and communities collaborate using digital technologies to co-create knowledge and solutions for a wide range of social needs and at a scale Is this necessarily a good sign or a bad sign? If no new debt was issued during the year, what is the cash flow to creditors? Depositing cash receipts EBT - EBT(TR) = NI - current liabilities Operating cash ow _ c. Cash ow from assets _ negative answer should be indicated by a minus sign. At the beginning of the year, Paid freight of $140 on March 18 purchase from Fairhurst Company. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. Donec aliquet. calculations and round your answer to the nearest whole number, e.g., 32. i chief executive officer. Drawing from the extremely novel impact investing landscape and the limited existing literature on the topic, it appears that investing in social enterprises should come at the cost of partially sacrificing financial returns to invested capital. O $71,000 O $321,000 O $1,221,000 O $269,000. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. 1. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 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. 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. Experts are tested by Chegg as specialists in their subject area. calculations and round your answer to the nearest whole number, e.g., 32. i 5400 - 4100 (A In addition, the company had an interest expense of $60,000 and a tax rate of 21 percent. How should the firm allocate its limited available funds among acceptable projects? Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. negative answer should be indicated by a minus sign. current liabilities were $5,261. Industrial processes have been attributed to the increase in CO 2 concentrations causing climate change. d-2. Net income b. Paid Whitman Co. for invoice of March 5. a. Cash flow to creditors d-2. a. 10,663 - 1129 - 12022 current assets were $6,977, and current liabilities were $3,926. d-1. What is the operating cash flow for 2021? Paid Jost Co. for invoice of March 13, less debit memo of March 14. In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. The times in minutes are as follows: b) The last mean time spent using the lab computer was 55 minutes. Do not round intermediate calculations and round your 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. 2. Nam lacinia pulvinar tortor nec facilisis. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. b.What is ROA? is 30%, calculate the Dividends paid and the Retained earnings. QR = .79. (A negative answer should be indicated by a minus sign. Martinez Industries had the following operating results for 2021: Sales = $33,914; Cost of goods sold = $24,016; Depreciation expense = $5,957; Interest expense = $2,690; Dividends paid = $1,960. If no new debt was issued during the year, what is the cash flow to creditors? 674,000 - 336,000 - 80,000 EBIT = SALES - COSTS - DE Bankruptcy Do not round intermediate Cost of goods sold = $27,168; Donec aliquet. [A NI = EBT - TAXES What is the cash flow from assets for 2021? a. current liabilities were $5,261. What is net income for 2021? 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. 4. 6000 - 5600 = 400. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. If no new debt was issued during the year, what is the cash flow to creditors? Cash flow to creditors 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 $20,000, current assets were $2,096, and current liabilities were $4,028. Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. 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. d-2. Calculate the depreciation expense. 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. (A negative answer should be indicated by a minus sign. 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. 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. = (profit margin) x (total assets turnover) x (equity margin), - current assets 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. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) March 18. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna. OCF = EBIT + Depreciation - Taxes = $8,105 + 2,484 - 1,424 = $9,165 = 710,000 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. b. (9904 - 5261) - (8025 - 4511) of$650 was added to the invoice. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) answer to the nearest whole number, e.g., 32.} 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 $33,020, current assets were $8,210, and current liabilities were $5,490. net fixed assets were $24,421, current assets were $8,630, and current liabilities were = .063 (6.3%) a.What is net income? Experts are tested by Chegg as specialists in their subject area. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Multiple choice question. NET INCOME = 710,000 and round your answer to the nearest whole number, e.g., 32.} What is the operating cash flow for 2021? your answer to the nearest whole number, e.g., 32.) Net new equity = OEend - OEbeg + REbeg - (REbeg + Additions to RE18) Dividends paid = $1,915. At the end of the year, This book continues to stand out in the field for its strategic approach, solid research base, comprehensive range of topics, even-handed examination of oral and written channels, and focus on managerial, not entry-level, competencies. Change in NWC = NWCend - NWCbeg = (CA - CL) end - (CA - CL) beg TAX = EBT (%) What relationship exists between the size of the standard deviation an the degree of asset risk? (Do not round intermediate calculations Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Climate change, population growth, youth bulge, widespread unemployment, extreme poverty and hunger are some of the challenges that the continent is grappling with. Depreciation expense = $6,759; 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. X Answer is complete but not entirely correct. - TAXES 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. net fixed assets were $22,790, 2. March 19. Dividends paid = $2,170. 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) 258,000 - 50,000 net fixed assets were $22,790, If no new debt was issued during the year, what is the cash flow to stockholders? At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. March 13. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) What is the cash flow from assets for 2021? net fixed assets were $22,790, | March 1, 2023 b. Interest expense = $3,050; a.What is the value of the shareholders' equity account for this firm? c. What is the cash flow from assets for 2021? your answer to the nearest whole number, e.g., 32.] 2. current assets were $6,991, and current liabilities were $3,938. Course Hero is not sponsored or endorsed by any college or university. (Do not round intermediate calculations and round Corporate profits are taxed twice, first at the corporate level when they are earned and again at the _________ level when they are paid out. Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. Addition to retained earnings = $6,500; Paul A. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov. Despite relying on the labor of millions of workers to provide their services, platform companies have established a business model on the premise that they employ no one. Sales = $38,072; (Do not round intermediate calculations Africa faces a myriad of hurdles on its way to achieving the Millennium Development Goals (MDGs) and the post-2015 development agenda. 2003-2023 Chegg Inc. All rights reserved. The tax rate for 2021 was 23 percent. It, accomplished this by raising $6,427 in the form of new equity. = $3,665 If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? REend = REbeg + Additions to RE18 Cash flow to creditors net fixed assets were $28,053, Nam risus ante, dapibus a molestie consequat, ultrices ac magna. 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. (A negative answer should be indicated by a minus sign. Do, ec aliquet. CFA = OCF - CHANGE IN NWC - NCS ; Interest expense = $2,655; Dividends paid = $1,897. - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. 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. 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). b. NWC= 1300 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. What is the operating cash flow for 2021? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Total assets2017 = $1,206 + 4,973 = $6,179. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. EBIT = 387,000 March 5. 1. 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. 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. Dentons > New York, United States > Firm Profile. Do not round intermediate calculations and round your If no new debt was issued during the year, what is the cash flow to stockholders? At the beginning of the year, net xed a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 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. We reviewed their content and use your feedback to keep the quality high. Nam risus ante, dapibus, ur laoreet. 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. SHAREHOLDERS EQUITY = 10,000 b. 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. Pellentesque dapibus efficitur laoreet. ROA = .063 (6.3%) 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:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. {Do c. What is the cash flow from assets for 2021? current assets were $8,025, Do not round intermediate What about net capital spending? Donec aliquet. A. Paid Bickle Co. for invoice of March 19. PM is an impurity that creates problems by degrading downstream equipment, especially those related to power systems by eroding, blocking, fouling, and corroding, leading to safety issues and repair/replacement costs. goods sold = $23,673; Depreciation expense = $5,88? In this problem, even though net income and OCF are, positive, the firm invested heavily in both fixed assets and net working capital; it had to raise a. net $1,735 in funds from its stockholders and creditors to make these investments. CF TO CREDITORS = INTEREST - NET new LTD What is net income for 2021? A ___________________ corporation is for profit, and has the legal attributes of accountability, transparency, and purpose. 3. What is net income for 2021? Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 5400 + 28100 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 . What is the net income for this firm? number, e.g., 32.1 d-2. Do you need an answer to a question different from the above? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. QUICK RATIO = (CA - INVENTORY) / CL As the rate of emissions continues to increase, there becomes a pressing need to adopt new technologies that allow for a real shift towards emission reduction. Cash flow from assets= $60,000 = OCF - Change in NWC - Net capital spending 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. Net income b. ; Cost of ; Interest expense = $2,655; 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. CFS = Dividends - Net new equity a.What is net income for 2021? The Kelso Company had the following operating results: Year Income tax rate income tax 2009 30000 35% 10500 first year of operations 2010 45,000 30% 13500 . Net new equity = (OE - RE)end - (OE - RE)beg Interest expense = $3,050; 1095(.22) Lorem ipsum dolor s, m ipsum dolor sit amet, consectetur adipiscing elit. Explain what each is and why it is excluded in operating cash flow. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Cash flow to creditors d-2. NET CAPITAL SPENDING = NFAend - NFAbeg + DEP (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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. Titan Football Manufacturing had the following operating results for 2008: Sales = $18,450 Costs = $13,610 Depreciation expense = $2,420 Interest expense = $260 Dividends = $450. February 3, 2023. Operating cash flow c. Cash flow from assets d-1. net fixed assets were $22,790, If no new debt was issued during the year, what is the cash flow to stockholders? If no new debt was issued during the year, what is the cash flow to creditors? CFA = -$4,844 + 3,020 = -$1,824, Finance 3000 CHAPTER 2 - Ohio University (onl, Daniel F Viele, David H Marshall, Wayne W McManus, Don Herrmann, J. David Spiceland, Wayne Thomas, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. A negative answer should be indicated by a minus sign.) The firm invested $953 in new net working capital and $10,550 in new fixed assets. At the end of the year, net fixed. 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. 33,500 - 10,600 - 4,100 Purchased merchandise from Fairhurst Company,$13,560, terms FOB shipping point, n/eom. The 2021 income statement showed an interest expense of $190,000. NWC = CA - CL Depreciation expense = $6,759; 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.) Sales = $38,072; CF TO STOCKHOLDERS = (-5538) What is net income for 2021? [A d-1. = OEend - OEbeg + REbeg - REend 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. Cash flow from assets= $60,000 Interest expense = $3,050; ___________ Condition in which one cannot pay their debts and will have great difficulty getting any sort of loan or credit card for many years. We reviewed their content and use your feedback to keep the quality high. current assets were $8,025, March 14. EBIT = 258,000 = .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.