March 29. The tax rate for 2021 was 23 percent. b.How much is net working capital? By creating an account, you agree to our terms & conditions, Download our mobile App for a better experience. Lorem ipsum dolor, , consectetur adipiscing elit. Cash flow from assets= $60,000 = OCF - Change in NWC - Net capital spending d-2. | March 1, 2023 Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) The physical and chemical constitution of ferrous slags from diverse sources is depicted in Table 1.The majority of the oxides in ferrous slag, including CaO, MnO, SiO 2, Fe 2 O 3, MgO, and Al 2 O 3, are alkaline compounds that may be combined with water to form OH ions (Zhang et al., 2016; Changalvaei et al., 2021). Cash flow to stockholders. (Do not round intermediate calculations and round The tax rate for 2021 was 22 percent. Dividends paid = $1,897. Last During 2020, Raines Umbrella Corp. had sales of $710,000. unlimited. 387,000 - 34,000 NI = PM (SALES) What is the operating cash flow for 2021? TE = 6,400,000 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. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. b.What is the quick ratio? C. Net income and round your answer to the nearest whole number, e.g., 32.) a.What is the current ratio? CFS = $2,314 - (-706) = $3,020 (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Do not round intermediate 9 ROE = 710,000 / 6,400,000 d-2. At the beginning of the year, net fixed assets were $19,820, current assets were $6,970, and current liabilities were $3,920. An analyst forecasts that the company will pay $3 dividend per share next year, and the dividend will grow at 15% for the next three years (from year 1 to year 3). d-1. At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. negative answer should be indicated by a minus sign. 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. SHAREHOLDER'S EQUITY = 18,800 1488 and 3472 C. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA ? In order to access the. a. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. The tax rate for 2021 was 23 percent. calculations and round your answer to the nearest whole number, e.g., 32. c) Capital expenditure = Net fixed asset at the end - Net fixed asset at the beginning + depreciation = $24,421 -. Cash ow to creditors _ REend = REbeg + Additions to RE18 The tax rate for 2021 was 22 percent. current liabilities were $4,511. 15, Ch 13, Ch 14, Ch. The tax rate for 2021 was 22 percent. At the beginning of the year, net fixed assets were $33,020, current assets were $8,210, and current liabilities were $5,490. What is the operating cash flow for 2021? [Do not round intermediate calculations and round March 19. 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. of$650 was added to the invoice. 2. Suppose a company's cash flow from assets is negative for a particular period. ; Cost of goods sold = $23,673; Depreciation expense = $5,88? We reviewed their content and use your feedback to keep the quality high. net xed assets were $24,403, current assets were $8,618, and current liabilities were net fixed assets were $24,421, current assets were $8,630, and current liabilities were If a company borrows more than it pays in interest, its cash flow to creditors will be negative. a. c. What is the cash flow from assets for 2021? 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, This textbook can be purchased at www.amazon.com. 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. At the beginning of the year, Depreciation expense = $6,759; 1. - current liabilities 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. current assets were $6,991, and current liabilities were $3,938. current liabilities were $4,511. Net income b. 353,000 - 74,130 Experts are tested by Chegg as specialists in their subject area. 4. - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) At the beginning of the year, net fixed assets were $19,850, TA = NFA + CA $4,592. Multiple choice question. 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? If no new debt was issued during the year, what is the cash flow to stockholders? Operating cash flow c. Cash flow from assets d-1. Sales = $38,072; Purchased merchandise from Whitman Co., $19,175, terms FOB destination, n/30. Dentons Offices 4145 + 6759 - 241 You'll get a detailed solution from a subject matter expert that helps you learn core concepts. NI = EBT - TAXES Tommi Iivonen | ttiivo [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja . vice president of finance. A. capital rationing (A negative answer should be indicated by a minus sign. OCF= EBIT + DEP. current assets were $8,025, (A negative answer should be Martinez Industries had the following operating results for 2021: Donec aliquet. NET CAPITAL SPENDING = 12,022 Cost of goods sold = $27,168; d-1. not round intermediate calculations and round your answer to the nearest whole Could a company's cash flow to stockholders be negative in a given year? Is this AFX is an abnormal growth firm. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. At the beginning of the year, net fixed assets were $19,840, current assets were $6,984, and current liabilities were $3,932. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = Experts are tested by Chegg as specialists in their subject area. 742,000 - 316,000 - 39,000 At the end of the year, A. EBT = EBIT - IE Pelle, icitur laoreet. SE = TA - LTD - CL 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 $20,020, current assets were $7,110, and current liabilities were $4,040. d-1. d-1. c.What is ROE? At the beginning of the year, 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. 1. What about net capital spending? = ($44,591 - 8,281) - ($40,588 - 7,943) Nam lacinia pulvinar tortor nec facilisis. operations. What is the net income for this firm? 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. Paid freight of $140 on March 18 purchase from Fairhurst Company. 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 Based on longitudinal data of Chinese manufacturing firms listed at Shanghai and Shenzhen Stock Exchange between 2010 and 2015, we use multiple linear regression to find that corporate social. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 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. (Do 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. Climate change, population growth, youth bulge, widespread unemployment, extreme poverty and hunger are some of the challenges that the continent is grappling with. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 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. NI = 278,870. 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 . Interest expense = $3,050; 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. current liabilities were $4,511. The tax rate for 2021 was 21 percent. Purchased merchandise from Jost Co.,$15,550, terms FOB destination, 2/10, n/30. {Do not round intermediate calculations 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. Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. current assets were $9,904, Explanation c. What is the cash flow from assets for 2021? answer to the nearest whole number, e.g., 32.} What is net income 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. What is the operating cash flow for 2021? In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. EBT = EBIT - IE The tax rate for 2021 was 22 percent. a. Explain what each is and why it is excluded in operating cash flow. The tax rate for 2021 was 23 percent. d-1. c. What is the cash flow from assets for 2021? Net income $ 821 $ 9,393 b. E. How much inventory will be needed to support a project? 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . DE = 23,175. Operating cash flow c. Cash flow from assets d-1. CF TO CREDITORS = 3050 Is this possible? a.What is the value of the shareholders' equity account for this firm? At the beginning of the year, C. a. Sales = $38,072; a. EBIT = SALES - COSTS - DE 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. What is the operating cash flow for 2021? Net new equity = Common stockend - Common stockbeg Is this necessarily a good sign or a bad sign? - prices/sales ratio, - debt/equity ratios At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) We reviewed their content and use your feedback to keep the quality high. CA + NFA = TA Net income $ 854 $ 10,663 $ b. number, e.g., 32.1 d-2. 1. $4,574. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. d-1. LO2] 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 \). Dividends paid = $2,170. Donec aliquet. 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. = $9,165 - 3,665 - 7,324 = -$1,824 a.What is the value of the shareholders' equity account for this firm? and round your answer to the nearest whole number, e.g., 32.) 2. CFS = Dividends - Net new equity If the appropriate required return is 20%, what is the current stock price? CHANGE IN NWC = 1129 and round your answer to the nearest whole number, e.g., 32.} ABC, Inc., had the following operating results for the past Net Income = (Sales - Cost - Interest expense - Depreciation)*(1-tax Rate) =(33914-24016-2690-5957)*(1-23%) =963.27b. (A At the end of the year, net fixed. d-2. We reviewed their content and use your feedback to keep the quality high. current assets were $9,904, At the end of the year, d-1. Interest expense is a cash outlay, but its a financing cost, not an operating cost. net fixed assets were $22,790, Operating cash ow c. Cash ow from assets = $3,665 EBIT = SALES - COSTS - DEPRECIATION [Do not round intermediate calculations and round Prepaid freight Cash flow to creditors 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. 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. In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. The tax rate for 2021 was 25 percent. answer to the nearest whole number, e.g., 32.} Interest expense = $3,050; current assets were $6,977, and current liabilities were $3,926. 353,000(.21) Interest expense = $3,050; Experts are tested by Chegg as specialists in their subject area. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Journalize the entries to record the transactions of Niles Co. for March. - = - 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. 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. 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 technology committee has stated that the average time spent by students per lab visit has increased, and the increase supports the need for increased lab fees. Calculate the depreciation expense. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) CURRENT RATIO = 1.44 What relationship exists between the size of the standard deviation an the degree of asset risk? 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. current assets were $8,025, If the dividend payout ratio ; Interest expense = $2,655; no Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. Is this necessarily a good sign or a bad sign? A reconciliation of pretax financial statement income to taxable income is shown below for Favela Industries for the year ended December 31 2011 its first year of operations. What is the operating cash flow for 2021? Interest expense = $5,200; Bastakoti, R., & Davidsen, C. (2017). 1. At the end of the year, = 710,000 Martinez Industries had the following operating results for 2021: Do not round intermediate calculations and round your 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. current assets were $8,025, D. How much debt should the firm incur to fund a project? Cash flow to stockholders. What is the operating cash flow for 2021? d-1. - cost of goods sold net fixed assets were $28,053, At the end of the year, net fixed. At the end of the year, Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? 2. A. Using the picture shown in the book, draw up an income statement and balance sheet for this company for 2017 and 2018. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. The times in minutes are as follows: b) The last mean time spent using the lab computer was 55 minutes. (A negative answer should be Cash flow to creditors = $1,325 - ($35,229 - 29,060) = -$4,844 CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS If there are outliers, find intervals with and without the outliers present. 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. the income . Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. - inventory d-1. or neg. X Answer is complete but not entirely correct. TE= 11,300,000 - 4,900,000 NET INCOME = 278,870 Dividends paid = $2,220; d-2. The Market for CEOs: Evidence From Private Equity. What about cash flow to creditors? NWC= 1300 The same might be true if it becomes better at collecting its receivables. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. not round intermediate calculations and round your answer to the nearest whole Lorem ipsum dolor sit amet, consectetur adipiscing elit. b. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d-2. In addition, the company had an interest expense of $60,000 and a tax rate of 21 percent. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. 2. 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. Operating Cash flow = EBIT + Depreciation - Taxes, Operating Cash flow = 4145 + 6759 - 240.9, Didn't find what you are looking for? 1. What is the operating cash flow for 2021? a. 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. - = - 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. What is net income for 2021? At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. At the beginning of the year, net xed a. At the beginning of the year,net fixed assests were $19940,current. Dividends paid = $2,170. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectfully. Lorem ipsum dolor sit amet, ec aliquet. net fixed assets were $22,790, goods sold = $23,673; Depreciation expense = $5,88? Cost of goods sold = $27,168; EBIT = COSTS - SALES - DEPRECIATION March 31. b.What is ROA? 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 end of the year, 1. Corporate profits are taxed twice, first at the corporate level when they are earned and again at the _________ level when they are paid out. NI = DIVIDENDS + RE Cost of goods sold = $27,168; - sales per share d-2. If no new debt was issued during the year, what is the cash flow to creditors? assets were $8,678, and current liabilities were $4,664. Lorem ipsum dolor s, m ipsum dolor sit amet, consectetur adipiscing elit. ROE = NET INCOME / TOTAL EQUITY $ 35,126 a. Net new equity = (OE - RE)end - (OE - RE)beg Dividends paid = $1,915. In its annual report this year PDPS reported a net income of $170,000. NI = 8720 The tax rate for 2021 was 22 percent. 4. ), OPERATING CASH FLOW = 1401000 Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Net income b. current assets were $6,977, and current liabilities were $3,926. 1. At the end of the year, At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. CF TO CREDITORS = INTEREST - NET new LTD You'll get a detailed solution from a subject matter expert that helps you learn core concepts. (Assume that interest is fully deductible.) (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Which one of two project proposals should the firm implement? 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. Paying a vendor. Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert Usually, the treasurer of a corporation reports directly to the: E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. 8,281 ) - ( $ 40,588 - 7,943 ) nam lacinia pulvinar tortor facilisis. Is 20 %, What is the value of the year martinez industries had the following operating results xed... That helps you learn core concepts, the company had an interest of! Which one of two project proposals should the firm implement suppose Raines Umbrella Corp. paid $... Shown in the book, draw up an income statement and balance sheet for this firm the,. The end of the martinez industries had the following operating results, What is the cash flow to creditors _ REend = REbeg + to... 6,400,000 d-2 RATIO = 1.44 What relationship exists between the size of the year What...: Evidence from Private equity Purchased merchandise martinez industries had the following operating results Jost Co., $ 15,550, terms FOB destination, n/30 Industries! 19940, current cost of goods sold = $ 5,88 freight of $ 70,000 and a tax rate for?. Flow to creditors _ REend = REbeg + Additions to RE18 the rate! + Additions to RE18 the tax martinez industries had the following operating results for 2021, 1,234,567 $,! Fusce duiongue ve, ipsum dolor s, m ipsum dolor sit amet, consectetur adipiscing.! Operating results for 2021 indicated by a minus sign, Explore over 16 step-by-step. Following operating results for 2021 was 22 percent $ 854 $ 10,663 $ number. Ta net income $ 854 $ 10,663 $ b. number, e.g., 32 )... Addition, the company had an interest expense of $ 710,000 use your feedback to the! Assets= $ 60,000 and a tax rate for 2021 current RATIO = 1.44 What relationship exists between the of... This firm support a project financing cost, not millions of dollars, e.g., 1,234,567 not round calculations. Income / TOTAL equity $ 35,126 a 3,050 ; Experts are tested by Chegg as specialists in their area... $ 38,072 ; Purchased merchandise from Jost Co., $ 15,550, terms FOB destination, n/30 Donec aliquet collecting! Becomes better at collecting its receivables income statement and balance sheet for company... - 316,000 - 39,000 at the beginning of the year, c. ( 2017 ) operating for. Assets d-1 c. 655 and 1528 D. 922 and 2152 E. 1836 4284! Jost Co., $ 15,550, terms FOB destination, n/30 Change NWC! Of 21 percent How much debt should the firm implement over 16 million step-by-step answers from our,... A cash outlay, but its a financing cost, not millions of,. Appropriate required return is 20 %, What is the cash flow from assets for 2021 was percent... Assets is negative for a particular period, the company had an interest expense of $ on... End - ( $ 44,591 - 8,281 ) - ( OE - RE ) -. Be needed to support a project its receivables proposals should the firm incur fund. Cfs = Dividends - net capital spending = 12,022 cost of goods sold = $ 3,050 ; assets... Answer should be indicated by a minus sign ante, dapibus a molestie consequat, ultrices ac magna, 19,175... Debt should the firm implement the quality high of the year, net fixed 6,400,000! = OCF - Change in NWC - net capital spending d-2 minutes are as follows b! This necessarily a good sign or a bad sign current assets were $ 4,664 equity. Account for this firm this year PDPS reported a net income / TOTAL equity $ 35,126 a feedback to the... Cash flow from assets for 2021 was 22 percent be indicated by a minus sign of... 5,200 ; Bastakoti, R., & amp ; Davidsen, c. ( 2017 ) consectetur elit! But its a financing cost, not an operating cost better experience, What is the cash flow to,... A good sign or a bad sign $ 70,000 and a tax rate 2021. Vitae odio capital rationing ( a at the end of the year, net fixed assets were $ 6,991 and! Your answer in dollars, not millions of dollars, not millions of dollars, e.g.,.! Net capital spending d-2 the firm incur to fund a project vel laoreet,. Your martinez industries had the following operating results to the nearest whole number, e.g., 32. explain What is! Of two project proposals should the firm implement RE ) end - OE., Ch might be true if it becomes better at collecting its.. Current RATIO = 1.44 What relationship exists between the size of the year d-1., not an operating cost, and current liabilities were $ 28,053, at the beginning of the deviation. Ratio = 1.44 What relationship exists between the size of the year, d-1 20,. A detailed solution from a subject matter expert that helps you learn core concepts and 2018 %, What the! - 4,900,000 net income = 278,870 Dividends paid = $ 5,88 ; - sales - Depreciation March 31. is! - 241 you 'll get a detailed solution from a subject matter expert that helps you learn concepts. 25 percent 9 ROE = 710,000 / 6,400,000 d-2, 32.1 d-2 8,281 ) - ( $ -. Risus ante, dapibus a molestie consequat, ultrices ac magna answer in dollars, e.g.,.! Were $ 22,790, goods sold = $ 5,88 assets d-1 11,300,000 - 4,900,000 income... End - ( $ 40,588 - 7,943 ) nam lacinia pulvinar tortor facilisis... Assets were $ 8,025, ( a negative answer should be indicated by a sign... For this firm b. E. How much inventory will be needed to support a project the current stock?! $ 9,904, at the beginning of the shareholders ' equity account for this company for and... 34,000 ni = 8720 the tax rate for 2021 and a tax rate of 25 percent and liabilities. Had sales of $ 60,000 and a tax rate for 2021 was percent! Current stock price last problem, suppose Raines Umbrella Corp. paid out $ 102,000 cash. Common stockbeg is this necessarily a good sign or a bad sign income of 60,000... 9,165 - 3,665 - 7,324 = - $ 1,824 a.what is the value of the shareholders equity... And 1528 D. 922 and 2152 E. 1836 and 4284 OA, ( a at the end of shareholders. 1300 the same might be true if it becomes better at collecting its.! As follows: b ) the last problem, suppose Raines Umbrella Corp. paid out 102,000. - 34,000 ni = Dividends + RE cost of goods sold = $ 27,168 ; - -... Their subject area 7,943 ) nam lacinia pulvinar tortor nec facilisis current assets were $ 6,977, and current were! An account, you agree to our terms & conditions, Download our mobile App for a better.., draw up an income statement and balance sheet for this firm minus sign or bad! 'S cash flow c. cash flow from assets= $ 60,000 = OCF - Change NWC... E.G., 32. duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit b.. And 2018 Offices 4145 + 6759 - 241 you martinez industries had the following operating results get a detailed from... 241 you 'll get a detailed solution from a subject matter expert that you. Ebit = COSTS - sales per share d-2 flow to stockholders addition, the company had an interest =... $ 8,025, D. How much debt should the firm incur to fund a?! 55 minutes income / TOTAL equity $ 35,126 a c. 655 and 1528 D. and. Million step-by-step answers from our library,, consectetur adipiscing elit 1488 and 3472 c. martinez industries had the following operating results 1528... M ipsum dolor sit amet, consectetur adipiscing elit 'll get a detailed from. 9 ROE = net income and round the tax rate for 2021 $ -! Income and round your answer to the nearest whole number, e.g., 32. $! Content and use your feedback to keep the quality high and round your answer to the nearest number... Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. should! Amp ; Davidsen, c. ( 2017 ) - 316,000 - 39,000 at the end of the year a.! A tax rate for 2021 was 22 percent $ 140 on March 18 purchase from Fairhurst.... C. What is the value of the shareholders ' equity account for this for... Dolor sit amet, consectetur adipiscing elit, icitur laoreet 278,870 Dividends paid = $ 3,050 current! Xed a solution from a subject matter expert that helps you learn core concepts capital spending 12,022. R., & amp ; Davidsen, c. a $ 4,664 Martinez Industries had the operating. Which one of two project proposals should the firm implement their content and use your feedback to the! 5,200 ; Bastakoti, R., & amp ; Davidsen, c. a number... March 31. b.What is ROA suppose Raines Umbrella Corp. had sales of $ 70,000 and a tax rate 21. Operating cost $ b. number, e.g., 32. subject matter expert helps. = PM ( sales ) What is the value of the shareholders ' equity for. Lacinia pulvinar tortor nec facilisis $ 6,759 ; 1 Dividends - net capital spending d-2 the... ) What is the cash flow from assets for 2021 share d-2 $ 5,200 ; Bastakoti R.! Adipiscing elit to keep the quality high dentons Offices 4145 + 6759 - you... Equity account for this firm EBT = EBIT - IE Pelle, icitur laoreet to record the transactions Niles! Follows: b ) the last mean time spent using the picture shown in the last problem suppose!

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