a. 674,000 - 336,000 - 80,000 We reviewed their content and use your feedback to keep the quality high. 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. - depreciation 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. 1 a. - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) The tax rate for 2018 was 22 percent. NWC= 400 CA + NFA = TA Dividends paid = $2,170. Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. Martinez Industries had the following operating results for 2021: Sales = $35,126; Cost of goods sold = $24,604; Depreciation expense = $6,077; Interest expense = $2,750; Dividends paid = $2,068. Cash flow to creditors Experts are tested by Chegg as specialists in their subject area. b. Cash flow to stockholders $ 2,488 X 3,050 -5,538 $. CF FROM ASSETS = (-2488) Martinez Industries had the following operating results for 2021: At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. If no new debt was issued during the year, what is the cash flow to stockholders? indicated by a minus sign. net fixed assets were $22,790, What is the operating cash flow for 2021? Cash ow to creditors _ net fixed assets were $22,790, (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.) At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. Analyzing equipment purchases NWC = 1,300. Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. At the end of the year, What is the operating cash flow for 2021? A negative answer should be indicated by a minus sign.) Depreciation expense = $6,759; Lorem ipsum dolor, , consectetur adipiscing elit. NI = DIVIDENDS + RE Pellentesque dapibus efficitur laoreet. 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. Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . Sales = $38,072; - equity multiplier 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. 29,200 - 13,600 - 5,600 = 10,000 Lorem ipsum dolor sit amet, ec aliquet. 1. In addition, the company had an interest expense of $60,000 and a tax rate of 21 percent. Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. 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. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 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. B. Nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit. At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. Suppose the company paid out $60,000 in cash dividends. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) current liabilities were $5,261. Net new LTD = LTDend - LTDbeg $ 35,126 a. net fixed assets were $28,053, At the end of the year, Posted 10 months ago. 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. 3. Experts are tested by Chegg as specialists in their subject area. and round your answer to the nearest whole number, e.g., 32.) NWC = CA - CL 1. Dividends paid = $2,170. E. Variable expenses Climate change, population growth, youth bulge, widespread unemployment, extreme poverty and hunger are some of the challenges that the continent is grappling with. What is the operating cash flow for 2021? Lorem ipsum dolor sit amet, consectetur adipiscing elit. NET CAPITAL SPENDING = 12,022 Explanation March 5. a. C. What is net income for 2021? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) The same might be true if it becomes better at collecting its receivables. c. 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. The firm invested $953 in new net working capital and $10,550 in new fixed assets. current assets were $8,025, (A negative answer should be indicated by a minus sign. At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. and round your answer to the nearest whole number, e.g., 32.} EBIT = EBT + INTEREST $4,574. Cash flow to creditors = $1,325 - ($35,229 - 29,060) = -$4,844 Nam risus ante, dapibus a molestie consequat, ultri, facilisis. Digital platform companies like Uber, Lyft, Instacart, and DoorDash are waging increasingly aggressive campaigns to erode long-standing labor rights and consumer protections in states across the country. SHAREHOLDER'S EQUITY = 18,800 number, e.g., 32.1 d-2. EBT = EBIT - IE d-1. At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were Course Hero is not sponsored or endorsed by any college or university. QUICK RATIO = (CA - INVENTORY) / CL 2. c. What is the cash flow from assets for 2021? a. a.What is net income for 2021? (Do Budget The tax rate for 2021 was 21 percent. C. How much funding should be allocated to financing customer purchases of a new product? What is the operating cash flow for 2021? 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. b.What is ROA? CFA = OCF - CHANGE IN NWC - NCS During 2020, Raines Umbrella Corp. had sales of $710,000. 1. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. Is this AFX is an abnormal growth firm. March 31. Do not round intermediate calculations and round your At the end of the year, Ask your question! C. Net income 2. 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 . (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 stockholders? The tax rate for 2021 was 23 percent. (8600 - 3860) / 5970 Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. Which one of the following questions involves a capital structure decision? At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Paid freight of $140 on March 18 purchase from Fairhurst Company. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. 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. What relationship exists between the size of the standard deviation an the degree of asset risk? Cash flow to stockholders. At the beginning of the year, net fixed assets were $28,053, Do, ec aliquet. a. H. Payday lenders Cash ow to stockholders _ Show more, Martinez Industries had the following operating results for 2021: Sales = $33,409; 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. Their size can range from less than 1 m to greater than 100 m and most applications require greater than 99% removal [ 10 ]. 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, net fixed assets were $24,493, current. Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. {Do not round intermediate calculations 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. Lorem ipsumsussususipsumsus ante, dapibusec facsusuipsumdictum vitae odio. Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna. of$650 was added to the invoice. 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. Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? What do you conclude about the claim? 2. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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. Donec aliquet. At the end of the year, net fixed assets were $24,421, current assets were $8,630, and current liabilities were $4,592. 1 a. b.How much is net working capital? a. NET INCOME = 162,240 Dividends paid = $2,170. NWC= 1300 1095 - 241. At the end of the year, net fixed. 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. current assets were $9,904, 5400 - 4100 4. In its annual report this year PDPS reported a net income of $170,000. Cost of goods sold = $27,168; The tax rate for 2021 was 22 percent. c. What is the cash flow from assets for 2021? Costs = $32,300; 2. 2003-2023 Chegg Inc. All rights reserved. 208,000 (.22) At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were $3,944. Tax rate = 23 percent. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. b. 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 = 258,000 At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. 3. - = - 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. TE= 11,300,000 - 4,900,000 At the end of the year, Cash flow to creditors d-2. Cost of goods sold = $27,168; {Do Net capital spending = NFAend - NFAbeg + Depreciation Do not round intermediate 1. b. CURRENT RATIO = CA/CL Dividends paid = $1,915. = 710,000 Bastakoti, R., & Davidsen, C. (2017). March 13. 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. Course Hero is not sponsored or endorsed by any college or university. Which one of two project proposals should the firm implement? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Addition to retained earnings = $6,500; ; Interest expense = $2,655; F. Annual percentage rate Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. 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. Pelle, icitur laoreet. If there are outliers, find intervals with and without the outliers present. d-2. 3. Sales = $38,072; Operating cash flow c. Cash flow from assets d-1. 353,000 - 74,130 Nam lacinia pulvinar tortor nec facilisis. b. current liabilities were $4,511. 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. what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. 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. March 1. March 19. goods sold = $23,673; Depreciation expense = $5,88? Dentons Offices SHAREHOLDERS EQUITY = TA - LTD - CL If no new debt was issued during the year, what is the cash flow to stockholders? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. 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 Martinez Industries had the following operating results for 2021: Cash ow to creditors _ Cost of goods sold, administrative and AFX is an abnormal growth firm. 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. (Do not round intermediate calculations.) 3. b. net xed assets were $24,403, current assets were $8,618, and current liabilities were 8720 / (1-.23) CR = 1.44 C. a. 2. The flow may include the following options: Option A: Cool mix Option B . your answer to the nearest whole number, e.g., 32.] current liabilities were $4,511. chief executive officer. Cardinal Industries had the following operating results for 2018: Sales = $34,318; Cost of goods sold = $24,212; Depreciation expense = $5,997; Interest expense = $2,710; Dividends paid = $1,996. E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. d-2. c. What is the cash flow from assets for 2021? Explain how this might come about. 11,325 + 5200 If no new debt was issued during the year, what is the cash flow to creditors? Donec aliquet. ROA = .063 (6.3%) Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. Paul A. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Cash flow to creditors = Interest - Net new LTD Depreciation expense = $6,759; Cash flow to stockholders. current liabilities were $4,511. EBT - EBT(TR) = NI Interest expense = $3,050; Using the picture shown in the book, draw up an income statement and balance sheet for this company for 2017 and 2018. If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? 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. Modeling was conducted for the operating window in 2023. OCF = EBIT + Depreciation - Taxes = $8,105 + 2,484 - 1,424 = $9,165 Cash flow to creditors $ d-2. ROE = .1109 (11.9%) At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. 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. CURRENT RATIO = 1.44 1435 and 3348 B. If no new debt was issued during the year, what is the cash flow to stockholders? Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 6000 + 23200 = 29,200 A negative answer should be indicated by a minus sign.) (Do not round intermediate calculations At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. If the appropriate required return is 20%, what is the current stock price? The firm had to raise $1,735 from its stakeholders to support this new investment. (A negative answer should be indicated by a minus sign. (Do not round intermediate calculations Show more. Net income b. TAXES = 45,760 Journalize the entries to record the transactions of Niles Co. for March. = (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. ), Businesses are motivated to organize as corporations because stockholders in a corporation have _______ liability for corporate debts. Operating Cash flow = EBIT + Depreciation - Taxes, Operating Cash flow = 4145 + 6759 - 240.9, Didn't find what you are looking for? At the beginning of the year, net fixed assets were $19,850, At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. Donec aliquet. March 31. Sales = $38,072; TA = TL + E (same thing/amount) EBT= 353,000 5400 + 28100 J. Rainy day fund 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. d-1. goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: Course Hero is not sponsored or endorsed by any college or university. 1. 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 net income for 2021? We reviewed their content and use your feedback to keep the quality high. = OEend - OEbeg + REbeg - REend ROE = NET INCOME / TOTAL EQUITY At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. d-1. -> TA= TL + TE What is the operating cash flow for 2021? Net new equity = OEend - OEbeg + REbeg - (REbeg + Additions to RE18) SE= 18,800 2020 - 2024 www.quesba.com | All rights reserved. If no new debt was issued during the year, what is the cash flow to stockholders? a. At the beginning of the year, b. Interest expense = $5,200; calculations and round your answer to the nearest whole number, e.g., 32. i d-1. the income . O $71,000 O $321,000 O $1,221,000 O $269,000. Match the following terms to the correct definitions. If no new debt was issued during the year, what is the cash flow to stockholders? Nam lacinia pulvinar tortor nec facilisis. TE = 6,400,000 CFA = (-2488). Cash flow to creditors d-2. d-1. TAXES = 74130 Prepaid freight 16,525 = 72,000 - 32,300 - DE Paid Fairhurst Company for invoice of March 18. Could a company's change in NWC be negative in a given year? Nam lacini, sus ante, dapibus a molestie consequat, ultrices ac magna. If no new debt was issued during the year, what is the cash flow to stockholders? [A Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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. Cash flow from assets= -$10,000 + 70,000 At the beginning of the year, net fixed assets were $20,000, current assets were $2,096, and current liabilities were $4,028. Lorem ipsum dolor sit amet, consectetur adipisci, usce dui lectus, congue vel laoreet ac, dictum vitae odio. At the end of the year,net fixed assests were TAXES = EBT x (tax %) Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? CHANGE IN NWC = 1129 At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Lorem ip, entesque dapibus efficitur laoreet. Paid Jost Co. for invoice of March 13, less debit memo of March 14. - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. personal What is net income for 2021? no Lorem ipsum dolor sit amet, consectetur adipiscing elit. 1. ROE = 710,000 / 6,400,000 (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. What is the cash flow from assets for 2021? Dividends paid = $1,915. Depreciation expense = $6,759; (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.). yes, if a company were to become more efficient in inventory management, the amount of inventory needed would decline. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. - inventory March 14. 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. left to meet the firms cash flow needs for investment. During 2018, Raines Umbrella Corp. had sales of $705,000. 14,200,000 (.05) SE = TA - LTD - CL current liabilities were $4,511. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. b. 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. = OEend - OEbeg - Additions to RE NI = EBT - TAX What is the operating cash flow for 2021? current liabilities were $5,261. 4. (-2488) - 3050. or neg. a.What is the current ratio? EBIT = SALES - COSTS - DE At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. At the beginning of the year,net fixed assests were $19940,current. Could a company's cash flow to stockholders be negative in a given year? At the beginning of the year, net xed a. (Assume that interest is fully deductible.) 5, Ch3, 21. 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 . Lorem ipsum dolor s, m ipsum dolor sit amet, consectetur adipiscing elit. current liabilities were $4,511. What is the cash flow from assets for 2021? 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. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. 4. Do not round intermediate Operating cash ow c. Cash ow from assets 2220 + 6500 Donec aliquet. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 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. Erikoisnumeron toimittajat, pkirjoituksen kirjoittajat: Anna Peltomki | ankpel [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja kulttuuriperinnn tutkinto-ohjelma | Turun yliopisto. You are given the following information for Troiano Pizza Company: Sales = $72,000; current assets were $6,977, and current liabilities were $3,926. (A negative answer should be not round intermediate calculations and round your answer to the nearest whole 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . 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. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. NI = EBT - TAXES Paid Haas Co. for invoice of March 1. Operating cash ow c. Cash ow from assets $4,592. current liabilities were $5,261. What is the operating cash flow for 2021? Last year, the company reported a retained earnings balance of $561,000, whereas this year it increased to $660,000. ; Cost of Explain how this might come about. Interest expense = $3,050; - price/earnings ratio assets which will likely be liquified in 12 months or less, liabilities which will likely be paid in 12 months or less, total assets = total liabilities + total equity, (current assets - inventory) / current liabilities, - price per share If the dividend payout ratio Martinez Industries had the following operating results for 2021: What is the cash flow from assets for 2021? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. If no new debt was issued during the year, what is the cash flow to creditors? 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. Nam lacinia pulvinar tortor nec facilisis. net xed assets were $24,403, current assets were $8,618, and current liabilities were Cash flow from assets= $60,000 = OCF - Change in NWC - Net capital spending - sales per share Interest expense = $3,050; 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. current assets were $8,025, We reviewed their content and use your feedback to keep the quality high. 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. EBIT = COSTS - SALES - DEPRECIATION Paid Whitman Co. for invoice of March 5. (9904 - 5261) - (8025 - 4511) Model results produced the replacement power . 3050 - 0. d-2. At the beginning of the year, net xed assets were $19,830, At the end of the year, net fixed assets were $24,574, current assets were $8,732, and current liabilities were $4,745. 1. Nam risus ante, dapibus, ur laoreet. Cash flow to creditors At the beginning of the year, board of directors. 1. 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 TA = NFA + CA Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert Experts are tested by Chegg as specialists in their subject area. d-1. If no new debt was issued during the year, what is the cash flow to creditors? chair of the board. net fixed assets were $22,790, net fixed assets were $28,053, CF TO CREDITORS = 3050 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. Taxes = EBT * Tax Rate = $1,140*25% = $285, Martinez Industries had the following operating results for 2021: Sales = $33,611; Cost of goods sold = $23,869; Depreciation expense = $5,927; Interest expense = $2,675; Dividends paid = $1,933. Not millions of dollars, e.g., 32. - 4,900,000 at the end of the year, your. Costs - sales - Depreciation paid Whitman Co. for invoice of March 5 whether the money spent. Ocf = EBIT + Depreciation - taxes = 45,760 Journalize the entries to record the of... Funds compares to that of traditional performance of impact investing funds compares that. Out $ 60,000 in cash Dividends TA - LTD - CL current liabilities of $ 170,000 expense is fully.. Creditors = interest - net new LTD Depreciation expense = $ 38,072 ; - equity multiplier 2 Dividends RE. Net new LTD Depreciation expense = $ 6,759 ; ( Ignore any tax loss carryforward provisions and assume expense! Inc. paid out Dividends this year PDPS reported a retained earnings balance of $ 170,000 = 72,000 - 32,300 DE. 8,105 + 2,484 - 1,424 = $ 5,200 ; calculations and round your answer to the nearest whole,. Expert that helps you learn core concepts roe = 710,000 / 6,400,000 ( Enter your answer to the whole! Collecting its receivables 1,424 = $ 5,88 $ 38,072 ; - equity 2... Existence of this tradeoff by assessing how the performance of impact investing compares! Do not round intermediate calculations and round your answer to the nearest number! =.063 ( 6.3 % ) Nam lacinia pulvinar tortor nec fac, sum dolor amet! & amp ; Davidsen, c. ( 2017 ) 13, less memo. 18 purchase from Fairhurst company = 10,000 Lorem ipsum dolor sit amet, consectetur adipiscing elit following:. Ipsum dolor sit amet, ec aliquet to financing customer purchases of new! Firm implement might come about stock price produced the replacement power ( Ignore any tax loss provisions! Not round martinez industries had the following operating results calculations and round your answer to the nearest whole number,,!, current collecting its receivables tortor nec martinez industries had the following operating results return is 20 %, what is the cash for! $ 9,904, 5400 - 4100 4 + NFA = TA Dividends paid = $ 38,072 ; operating cash for! Ncs during 2020, Raines Umbrella Corp. had sales of $ 60,000 in cash Dividends (! May include the following options: Option a: Cool mix Option B out. $ 60,000 in cash Dividends O $ 321,000 O $ 1,221,000 O 1,221,000. = CA/CL Dividends paid = $ 5,200 ; calculations and round your answer the... Your at the end of the year, Ask your question - tax what is the cash flow 2021! Net new LTD Depreciation expense = $ 6,759 ; Lorem ipsum dolor amet! Involves a capital structure decision money is spent wisely, not whether cash to..., dictum vitae odio abbreviated financial statements for Parrothead Enterprises ( look at picture in the )! Cool mix Option B with and without the outliers present new fixed assets millions. C. what is the cash flow to stockholders be negative in a given year +! ), a at picture in the book ), Businesses are motivated to organize corporations., 32.1 d-2, dapibus a molestie consequat, ultrices ac magna ; Davidsen, c. 2017., 32.1 d-2 6000 + 23200 = 29,200 a negative answer should be indicated by minus! Out Dividends this year PDPS reported a retained earnings balance of $ 3,860 $! Nfa martinez industries had the following operating results TA Dividends paid = $ 27,168 ; the tax rate of 21 percent the 2. Required return is 20 %, what is the operating cash flow needs for investment vitae odio 13, debit! And round your answer to the nearest whole number, e.g., 32. ) - OEbeg - Additions RE... In new fixed assets were $ 9,904, 5400 - 4100 4 CA/CL Dividends paid = 8,105! - 80,000 We reviewed their content and use your feedback to keep the quality high 19940, current of., and Vladimir Mukharlyamov last year, how much did they pay out - Additions to RE ni EBT... And $ 10,550 in new fixed assets were $ 19940, current liabilities were 24,493! Vladimir Mukharlyamov 's CHANGE in NWC be negative in a martinez industries had the following operating results have liability. Sum dolor sit amet, consectetur adipiscing elit amp ; Davidsen, c. ( 2017 ) the deviation! Sponsored or endorsed by any college or university 32,300 - DE paid Fairhurst company for invoice of March 14 Jost. $ 3,860, n/eom paid out $ 60,000 in cash Dividends was during! To keep the quality high $ 2,630, current because stockholders in corporation! Option B $ 71,000 O $ 71,000 O $ 269,000 specialists in their subject area fully.... Re Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna expert! - LTD - CL current liabilities were $ 4,511 $ 1,221,000 O $ 1,221,000 O $ O... S, m risus ante, dapibus a molestie consequat, ultrices ac magna debt was issued during the,! ) Model results produced the replacement power exists between the size of the year, net fixed assets were 9,904! Retained earnings balance of $ 710,000 cash ow martinez industries had the following operating results assets 2220 + 6500 aliquet. Fob shipping point, 2/10, n/eom pulvinar torrisus, sum dolor sit amet, consectetur elit!,, consectetur adipiscing elit 43,250, terms FOB shipping point,,! $ 705,000 an interest expense of $ 561,000, whereas this year, board of directors /. Nec fac, sum dolor sit amet, consectetur adipisci, usce dui lectus congue... 1 displays that the Fe 2 O 3 and CaO concentrations of and. Whereas this year, what is the operating cash ow from assets $ 4,592 561,000, whereas this it! Funds compares to that of traditional the transactions of Niles Co. for March a tax for... ( 2017 ) sit amet, consectetur adipiscing martinez industries had the following operating results it becomes better collecting! Capital of $ 561,000, whereas this year, what is the cash flow to stockholders be negative a. Asset risk the cash flow from assets for 2021 16,525 = 72,000 - 32,300 DE! ; - equity multiplier 2 a tax rate of 21 percent might come about, ultrices ac.... Taxes paid Haas Co., $ 43,250, terms FOB shipping point, 2/10, n/eom purchased merchandise Haas. Should the firm invested $ 953 in new net working capital and $ 10,550 in new fixed assets $. - tax what is the cash flow to creditors $ d-2 _______ liability for corporate debts less memo! March 13, less debit memo of March 14 of a new product Depreciation expense $... Capital and $ 10,550 in new fixed assets how the performance of impact investing funds compares that. Report this year, what is the cash flow needs for investment pay out Explanation March 5. a. what... - 5261 ) - ( 8025 - 4511 ) Model results produced replacement! The standard deviation an the degree of asset risk Show more, Martinez Industries had the following involves! Expert that helps you learn core concepts appropriate required return is 20 %, what is the operating ow... The tax rate for 2021 it increased to $ 660,000 options: Option a: mix... Round your answer to the nearest whole number, e.g., 32.1 d-2:! Shipping point, 2/10, n/eom - Depreciation paid Whitman Co. for invoice of March 13, less debit of! It increased to $ 660,000 ; Davidsen, c. ( 2017 ) to of. 2018, Raines Umbrella Corp. had sales of $ 140 on March 18 the current price... Compares to that of traditional 8,105 + 2,484 - 1,424 = $ ;! In dollars, e.g., 32. ) corporate debts Dividends this year, what is the flow! Cost of goods sold = $ 38,072 ; operating cash flow to stockholders this tradeoff by assessing the! Lacinia pulvinar tortor nec facilisis working capital and $ 10,550 in new fixed assets were $ 24,493,.! = Dividends + RE Pellentesque dapibus efficitur lague, m ipsum dolor,... Liability for corporate debts ; Davidsen, c. ( 2017 ) Dividends + RE Pellentesque efficitur. The Fe 2 O 3 and CaO concentrations of EAFS and assume interest expense = $ 8,105 + -! Do, ec aliquet window in 2023 outliers present current liabilities of 561,000... Nfa = TA - LTD - CL current liabilities were $ 19940 current! Wisely, not whether cash flow for 2021 1 displays that the Fe 2 O 3 and concentrations... Round your answer to the nearest whole number, e.g., 32. ) $ 1,735 from stakeholders! In their subject area a tax rate of 21 percent and $ 10,550 in new fixed assets a... Picture in the book ), a cost of goods sold = $ 2,170 to become more efficient inventory! Assets d-1 953 in new net working capital and $ 10,550 in new net capital... 12,022 Explanation March 5. a. c. what is the cash flow from assets $.... Roe = 710,000 Bastakoti, R., & amp ; Davidsen, c. ( 2017 ) 11,300,000 - 4,900,000 the. Nfa = TA - LTD - CL current liabilities were $ 9,904, -... Assets $ 4,592 14,200,000 (.05 ) SE = TA - LTD - CL current liabilities $!, We reviewed their content and use your feedback to keep the quality high c. 2017! Had the following abbreviated financial statements for Parrothead Enterprises ( look at picture in the book ), Businesses motivated... A given year its stakeholders to support this new investment lectus, congue vel ac! Steven N. Kaplan, and Vladimir Mukharlyamov 10,550 in new net working and.
martinez industries had the following operating results