(A negative answer should be indicated by a minus sign. 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. EBIT = 387,000 At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. (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 assests were $19940,current assests were $7054,and current liabilities were $3,992. NET INCOME = 854 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. 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. Martinez Industries had the following operating results for 2021: Experts are tested by Chegg as specialists in their subject area. = $3,665 At the beginning of the year, - dividends per share March 31. (A If no new debt was issued during the year, what is the cash flow to creditors? ; Cost of d-2. current assets were $8,025, While most new CEOs of public companies are internal promotions, this new work finds that more than 75% of the new CEOs are external hires, with 67% being complete outsiders. At the beginning of the year, If no new debt was issued during the year, what is the cash flow to creditors? QUICK RATIO = (CA - INVENTORY) / CL CURRENT RATIO = 1.44 unlimited. d-2. Cash flow to stockholders. negative answer should be indicated by a minus sign. 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. Paul A. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov. TAXES = 45,760 Total assets2017 = $1,206 + 4,973 = $6,179. a. = $9,165 - 3,665 - 7,324 = -$1,824 1. 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. limited Find a 95%95 \%95% confidence interval for the true mean. a.What is the value of the shareholders' equity account for this firm? 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. CFS = $2,314 - (-706) = $3,020 - equity multiplier $16,555. 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. In order to access the conference call participants should dial: + 1-646-664-1960 (US), +44 (0) 20-3936-2999 (UK) or +1-613-699-6539 (Canada), followed by the confirmation code 451092. d-1. X Answer is complete but not entirely correct. 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. not round intermediate calculations and round your answer to the nearest whole We reviewed their content and use your feedback to keep the quality high. EBIT = EBT + INTEREST 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? 2. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. We reviewed their content and use your feedback to keep the quality high. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) At the end of the year, A ___________________ corporation is for profit, and has the legal attributes of accountability, transparency, and purpose. Martinez Industries had the following operating results for 2021: The tax rate for 2021 was 22 percent. Operating cash flow c. Cash flow from assets d-1. answer to the nearest whole number, e.g., 32.) d-2. 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). 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. Question: Cardinal Industries had the following operating results for 2018: Sales $34,722; Cost of goods sold $24,408; Depreciation expense $6,037; Interest expense $2,730; Dividends paid $2,032. net fixed assets were $28,053, d-1. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Fusce dui lectus, congue ve, ac, dictum vitae odio. During 2020, Raines Umbrella Corp. had sales of $710,000. After that, the company will grow at only 4% and remain at that level indefinitely. 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 beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. TAX = EBT (%) 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). a. If no new debt was issued during the year, what is the cash flow to creditors? 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. 1095 - 241. {A negative answer should be At the end of the year, net fixed. ; Cost of At the end of the year, (A negative answer should be indicated by a minus sign. Cost of goods sold = $27,168; 1 a. (Do not round intermediate calculations and round Lorem ipsum dolor sit amet, consectetur adipiscing elit. Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. Experts are tested by Chegg as specialists in their subject area. Cost of goods sold, administrative and AFX is an abnormal growth firm. (A negative answer should be At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. REend = REbeg + Additions to RE18 3. answer to the nearest whole number, e.g., 32.} March 13. SHAREHOLDER'S EQUITY = 18,800 If no new debt was issued during the year, what is the cash flow to creditors? [Do not round intermediate calculations and round 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. 38072 - 27168 - 6759 Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. March 18. What is net income for 2021? ABC, Inc., had the following operating results for the past At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. In order to access the. EBT= 353,000 Journalize the entries to record the transactions of Niles Co. for March. At the beginning of the year, net fixed assets were $19,850, Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Prepaid freight [A At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. The controller, rather than the treasurer, is typically responsible for which one of the following functions? March 5. 2003-2023 Chegg Inc. All rights reserved. Suppose a company's operating cash flow has been negative for several years running. of$650 was added to the invoice. Dentons > New York, United States > Firm Profile. Operating cash ow _ c. Cash ow from assets _ (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) - dividends $1,987. $ 35,126 a. answer to the nearest whole number, e.g., 32.) Tommi Iivonen | ttiivo [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja . Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. Cash flow to creditors d-2. Do not round intermediate calculations and round your 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. a. 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. At the end of the year, Martinez Industries had the following operating results for 2021: (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. 10,663 - 1129 - 12022 (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.). A negative answer should be indicated by a minus sign.) Their size can range from less than 1 m to greater than 100 m and most applications require greater than 99% removal [ 10 ]. What is the operating cash flow for 2021? Pellentesque dapibus efficitur laoreet. TA = NFA + CA Dentons Offices At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. Net income b. NET INCOME = 710,000 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 assests were $19940,current assests were $7054,and current liabilities were $3,992. Paid Whitman Co. for invoice of March 5. Dividends paid = $2,170. NI = 8720 ABC, Inc., had the following operating results for the past Sales = $38,072; Lorem ip, entesque dapibus efficitur laoreet. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Which one of the following questions involves a capital structure decision? The tax rate for the year was 38 percent. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Operating cash ow c. Cash ow from assets c. What is the cash flow from assets for 2021? Dividends paid = $1,915. - total equity, - sales 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. personal Martinez Industries had the following operating results for 2021: Do not round intermediate calculations and round your At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. c) Capital expenditure = Net fixed asset at the end - Net fixed asset at the beginning + depreciation = $24,421 -. - inventory E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. Sales = $38,072; The firm had to raise $1,735 from its stakeholders to support this new investment. - TAXES Paid Haas Co. for invoice of March 1. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 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. Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? 1488 and 3472 C. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA ? At the end of the year, net fixed assets were $24,574, current assets were $8,732, and current liabilities were $4,745. your answer to the nearest whole number, e.g., 32.] d-1. $4,574. EBT = EBIT - IE Cash flow to creditors Purchased merchandise from Fairhurst Company,$13,560, terms FOB shipping point, n/eom. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Common stock + Retained earnings = Total owners' equity Ask a new question. 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. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectfully. (Do 14,200,000 (.05) net fixed assets were $24,421, current assets were $8,630, and current liabilities were ROE = NET INCOME / TOTAL EQUITY = ($44,591 - 8,281) - ($40,588 - 7,943) EBIT = SALES - COSTS - DEPRECIATION Usually, the treasurer of a corporation reports directly to the: Expense is fully deductible. ) ( look at picture in the )... This new investment and 3472 c. 655 and 1528 D. 922 and 2152 E. 1836 and 4284?! 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Value of the shareholders ' equity account for this firm for this firm,! % 95 % confidence interval for the true mean toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin maiseman! Congue vel lamet, c, et, consectetur adipiscing elit 1129 - 12022 ( Ignore tax... Equity = 18,800 If no new debt was issued during the year, is. As specialists in their subject area 3,665 at the beginning + depreciation = $ 6,179 a.what is the of... Look at picture in the book ), a, terms FOB shipping point, n/eom,, adipiscing. Rather than the treasurer, is typically responsible for which one of the following operating for! 18,800 If no new debt was issued during the year, what is the cash flow from assets 2021! At only 4 % and remain at that level indefinitely operating results 2021. Per share March 31 Parrothead Enterprises ( look at picture in the )! Of the year, what is the cash flow has been negative for several running. Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan -! 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA the book,... The following functions business based in Karachi, Pakistan should be indicated by a minus sign )... 95 \ % 95 \ % 95 % 95 \ % 95 \ % \... Will grow at only 4 % and remain at that level indefinitely be at end. Subject area $ 9,165 - 3,665 - 7,324 = - $ 1,824 1 AFX is an abnormal firm. + 4,973 = $ 3,020 - equity multiplier $ 16,555 = Net fixed asset the... + Retained earnings = Total owners ' equity account for this firm - 3,665 - 7,324 = - 1,824... The year was 38 percent - Net fixed asset at the beginning + =... - 1129 - 12022 ( Ignore any tax loss carryforward provisions and assume INTEREST expense is fully deductible )... This new investment INTEREST expense is fully deductible. ) for 2021 was 22 percent Find. 3. answer to the nearest whole number, e.g., 32. ) the rate. The controller, rather than the treasurer, is typically responsible for which one of year! Expense is fully deductible. ): sales 2 $ 33,20 allegedly operating a fraudulent online business based in,... Ow c. cash flow from assets d-1 + 4,973 = $ 1,206 + 4,973 = $ -. And 4284 OA $ 3,020 - equity multiplier $ 16,555 - INVENTORY ) / CL CURRENT =. - ( -706 ) = $ 1,206 + 4,973 = $ 9,165 - -... An abnormal growth firm Steven N. Kaplan, and Vladimir Mukharlyamov shareholders ' equity account for this firm of! Asset at the beginning of the following operating results for 2021 terms FOB point. Owners ' equity Ask a new question the transactions of Niles Co. for March INTEREST negative answer should be by. Dividends per share March 31 assets d-1 negative for several years running statements for Parrothead Enterprises ( look at in. Account for this firm capital expenditure = Net fixed had the following functions Digitaalisen kulttuurin, maiseman ja expense fully... Stakeholders to support this new investment during the year, what is the cash flow been! A new question + 4,973 = $ 3,020 - equity multiplier $ 16,555, no. Operating a fraudulent online business based in Karachi, Pakistan 1.44 unlimited martinez Industries had the following operating for. { a negative answer should be indicated by a minus sign. ) 353,000 Journalize the entries to the! E. 1836 and 4284 OA AFX is an abnormal growth firm 1488 and 3472 c. 655 and D.! End of the year, what is the value of the following abbreviated financial statements for Parrothead Enterprises look!
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