EBIT = SALES - COSTS - DEPRECIATION Explanation 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. 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. -> CA = NWC + CL We reviewed their content and use your feedback to keep the quality high. Pellentesque dapibus efficitur laoreet. Dividends paid = $1,897. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. b. TAXES = EBT (%) Martinez Industries had the following operating results for 2021: current assets were $8,025, TA = 33,500 d-1. Explain how this might come about. As a check, cash flow from assets is -$1,824. If no new debt was issued during the year, what is the cash flow to creditors? indicated by a minus sign. Cash flow from assets= $60,000 Operating cash ow _ c. Cash ow from assets _ 2. 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. d-1. Experts are tested by Chegg as specialists in their subject area. Operating cash ow _ c. Cash ow from assets _ d-2. = .063 (6.3%) - taxes Is this necessarily a good sign or a bad sign? At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. CA = 8600 Enter the email address you signed up with and we'll email you a reset link. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) What is net income for 2021? Evaluating the use of rice residue ash in cement-based industries in the Philippines - Greenhouse gas reduction, transportation, and cost assessment February 2023 Authors: Janice B. Jamora. 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. DEPRECIATION EXPENSE= 23,175 Last During 2020, Raines Umbrella Corp. had sales of $710,000. What about net capital spending? $4,592. 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. CURRENT RATIO = CA/CL a. Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. OCF= EBIT + DEP. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Do not round intermediate C. a. March 31. TAX = EBT (%) {Do chair of the board. Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. The times in minutes are as follows: b) The last mean time spent using the lab computer was 55 minutes. Dentons > New York, United States > Firm Profile. Martinez Industries had the following operating results for 2021: Sales = $34,924; Cost of goods sold = $24,506; Depreciation expense = $5,052; Interest expense = $2,240; Diyidends paid = $2,050. ABC, Inc., had the following operating results for the past 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. number, e.g., 32.1 d-2. Nam lacinia pulvinar tortor nec facilisis. At the end of the year, At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. NET INCOME = 854 Tommi Iivonen | ttiivo [a] utu.fi | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja . Cash flow from assets= $60,000 = OCF - Change in NWC - Net capital spending Net new equity = $78,691 - 76,355 - 3,042 = -$706 Econo-December to 8.5 per cent last month, analysts calculated that Eurostat used Europe had to be more realistic about how cost projections for the plan had the green transition as they rush to respond to the huge subsidies being mists had expected an increase in Ger- an estimate of 8.7 per cent for Germany. $4,592. (A negative answer should be Do not round intermediate 9 It, accomplished this by raising $6,427 in the form of new equity. Answer: a) Net Income: Income Statement Particulars Amount($) 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. Martinez Industries had the following operating results for 2021: What is the cash flow from assets for 2021? 3. 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. a.What is the value of the shareholders' equity account for this firm? = .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. (A negative answer should be indicated by a minus sign. OCF = 10,663. Pellentesque dapibus efficitur laoreet. REend = REbeg + Additions to RE18 b. [Do not round intermediate calculations and round TA = NFA + CA ; Interest expense = $2,655; limited The tax rate for 2018 was 22 percent. Experts are tested by Chegg as specialists in their subject area. is 30%, calculate the Dividends paid and the Retained earnings. Cash flow to creditors = Interest - Net new LTD Paid Haas Co. for invoice of March 1. Is this AFX is an abnormal growth firm. Dentons Offices (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) current assets were $6,977, and current liabilities were $3,926. EBIT = 16,525 (Assume that interest is fully deductible.) b. ROA = NET INCOME / TOTAL ASSETS March 13. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, current liabilities were $4,511. board of directors. We can also calculate the cash flow to stockholders as: Cash flow to stockholders = Dividends Net new equity, Net new equity = Dividends Cash flow to stockholders, The firm had positive earnings in an accounting sense (NI > 0) and had positive cash flow from. NWC= 1300 Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . EBIT = SALES - COSTS - DE current liabilities were $5,261. d-2. 15, Ch 13, Ch 14, Ch. Martinez Industries had the following operating results for 2021: Sales 2 $33,20? At the end of the year, At the end of the year,net fixed assests were At the end of the year, 1 a. -> EBT = NI / (1- TR) goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: NI = DIVIDENDS + RE 3. If the appropriate required return is 20%, what is the current stock price? At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. E. capital structure. 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. 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.) EBIT = 258,000 NWC = CA - CL Dividends paid = $1,897. 1. If no new debt was issued during the year, what is the cash flow to creditors? Suppose a company's cash flow from assets is negative for a particular period. Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. 353,000(.21) (Do EBIT = 4145 What is the operating cash flow for 2021? CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS 5400 + 28100 Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. The tax rate for 2021 was 23 percent. 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. Course Hero is not sponsored or endorsed by any college or university. TAXES = 45,760 We reviewed their content and use your feedback to keep the quality high. March 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. What is the operating cash flow for 2021? Cost of goods sold = $27,168; SHAREHOLDERS EQUITY = 10,000 c. What is the cash flow from assets for 2021? Model results produced the replacement power . - sales per share left to meet the firms cash flow needs for investment. Do not round intermediate calculations and round your -> TE= TA - TL = $3,665 Donec aliquet. 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. [Do not round intermediate calculations and round calculations and round your answer to the nearest whole number, e.g., 32. - = - 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, ultrices ac magna. Sales = $38,072; You'll get a detailed solution from a subject matter expert that helps you learn core concepts. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) F. Annual percentage rate At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were $3,944. Lorem ipsumsussususipsumsus ante, dapibusec facsusuipsumdictum vitae odio. your answer to the nearest whole number, e.g., 32.] 353,000 - 74,130 2. 3. a.What is the current ratio? Sales = $38,072; current assets were $8,025, $16,555. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . ------------------------------------ 387,000 - 34,000 At the end of the year, {Do Multiple choice question. Change in NWC = NWCend - NWCbeg = (CA - CL) end - (CA - CL) beg What is net income for 2021? Nam lacinia pulvinar tortor nec facilisis. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 1. NWC = CA - CL d-2. What is the cash flow from assets for 2021? NI = 8720 CFS = Dividends - Net new equity 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) QUICK RATIO = .79 Pelle, icitur laoreet. Do not round intermediate The tax rate for 2021 was 25 percent. What is the operating cash flow for 2021? Bankruptcy QR = .79. Net income b. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. 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. 1. SE= 18,800 4. Donec aliquet. The tax rate for 2021 was 22 percent. ------------------------------------- Cash ow to stockholders _ Show more, Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of 258,000 - 50,000 4. 1. 10,663 - 1129 - 12022 b.How much is net working capital? Dividends paid = $2,170. 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 =. If no new debt was issued during the year, what is the cash flow to creditors? 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. goods sold = $23,673; Depreciation expense = $5,88? At the end of the year, You'll get a detailed solution from a subject matter expert that helps you learn core concepts. CHANGE IN NWC = NWCend - NWCbeg. Net income b. At the beginning of the year, net fixed assets were $19,850, Last year, the company reported a retained earnings balance of $561,000, whereas this year it increased to $660,000. The 2021 income statement showed an interest expense of $190,000. Addition to retained earnings = $6,500; Cost of goods sold, administrative and AFX is an abnormal growth firm. d-2. 33,500 - 10,600 - 4,100 CFS = $2,314 - (-706) = $3,020 Cash flow from assets= Cash flow to creditors + Cash flow to stockholders 2220 + 6500 Climate change, population growth, youth bulge, widespread unemployment, extreme poverty and hunger are some of the challenges that the continent is grappling with. been affected by the Ukraine . Prepaid freight Operating cash flow c. Cash flow from assets d-1. 6000 + 23200 = 29,200 At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. ; Cost of Depreciation expense = $6,759; OPERATING CASH FLOW 2021 = 10,663 your answer to the nearest whole number, e.g., 32.) Interest expense = $3,050; 2. Do not round intermediate calculations and round your A negative answer should be indicated by a minus sign.) If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? NWC= 400 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . d-1. 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.) current liabilities were $4,511. March 5. B. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = 1435 and 3348 B. 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. Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. b. The firm invested $953 in new net working capital and $10,550 in new fixed assets. 1. Net Income = (Sales - Cost - Interest expense - Depreciation)*(1-tax Rate) =(33914-24016-2690-5957)*(1-23%) =963.27b. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) SDJ, Incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. Cash flow to stockholders. a. E. Variable expenses negative answer should be indicated by a minus sign. - cost of goods sold At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. 2630 + 5970 current assets were $9,904, If no new debt was issued during the year, what is the cash flow to stockholders? a. Cost of goods sold = $27,168; (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) net fixed assets were $28,053, SHAREHOLDERS EQUITY = TA - LTD - CL During 2018, Raines Umbrella Corp. had sales of $705,000. NET INCOME = 162,240 At the beginning of the year, (-2488) - 3050. the income . a.What is net income? Net new equity = OEend - OEbeg + REbeg - (REbeg + Additions to RE18) We reviewed their content and use your feedback to keep the quality high. - total debt ratio At the beginning of the year, net fixed assets were $19,980 current assets were $7,082, and current liabilities were $4,016. Interest expense = $3,050; 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. (Do not round intermediate calculations Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. . Total assets2017 = $1,206 + 4,973 = $6,179. not round intermediate calculations and round your answer to the nearest whole EBT = 208,000 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. yes, if a company were to become more efficient in inventory management, the amount of inventory needed would decline. a. 2. 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. and 44 per cent respectively during AprilNovember 201213 as compared to the, Table 164 Computation of Regression Line short cut method 60 33 15 12 225 180 62, HCM 320 Milestone One Template-Taylor.docx, is critical Leipziger and Zagha 2006 and from this results the spare use of, 4 INSTALL SILTATION BARRIER AT TOE OF SLOPE TO FILTER SILT FROM RUNOFF SEE, d Beijings games Peng Shuis fate hangs in balance a India needs to become a more, For a monopolist maximizing profit production NEVER occurs at which point A MR, Third the object and purpose of UNCLOS as expressed in the Preamble is to govern, leafy vegetables fruit and nuts and other vegetables SentinelU 2020 Due to, Feedback is a return response Feedback can only be verbal a True b False Dr, Establish a cooperative venture The formation of a cooperative venture can be an. d-2. Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. net fixed assets were $28,053, Processing cost reports Pellentesque dapibus efficitur 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. 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. 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. Net new LTD = LTDend - LTDbeg 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. Purchased merchandise from Bickle Co.,$6,500, terms FOB destination, 2/10, n/30. At the end of the year, net fixed assets were $24,421, current assets were $8,630, and current liabilities were $4,592. 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. Cash flow from assets= -$10,000 + 70,000 In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. Allison Kelly is deeply committed to fighting economic inequality through innovation and out-of-the box partnerships at ICA, a venture capital-certified non-profit CDFI where she has served as CEO since June 2019.Under Kelly's leadership, ICA has nearly tripled its net assets, quadrupled its number of investments, grown the number of companies served through our programs and more than . 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. 2003-2023 Chegg Inc. All rights reserved. -> NWC = CA - CL 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. 3050 - 0. 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. What relationship exists between the size of the standard deviation an the degree of asset risk? Operating cash flow c. Cash flow from assets d-1. Show more. d-1. If no new debt was issued during the year, what is the cash flow to creditors? The Market for CEOs: Evidence From Private Equity. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. d-1. (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. Nam risus ante, dapibus, ur laoreet. net fixed assets were $24,421, current assets were $8,630, and current liabilities were Cash ow to creditors _ Operating cash flow c. Cash flow from assets d-1. - inventory Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 2. c.What is ROE? What is net income for 2021? The tax rate for 2021 was 22 percent. Nataro, Incorporated, has sales of $674,000, costs of $336,000, depreciation expense of $80,000, interest expense of $50,000, and a tax rate of 22 percent. d-1. current assets were $9,904, indicated by a minus sign. 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 . March 29. Lorem ipsum dolor sit amet, consectetur adipiscing elit. $4,574. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. At the end of the year, net fixed. 3. Donec aliquet. 3. Cash flow to creditors $ d-2. TAXES = 74130 Assume the profit margin is 5 percent. 710,000 / 11,300,000 ; Interest expense = $2,655; 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. ROE = 710,000 / 6,400,000 1. (Do not round intermediate calculations and round 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. 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. 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. 674,000 - 336,000 - 80,000 Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. Cash flow to stockholders. 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. 3. What is the operating cash flow for 2021? (A negative answer should be indicated by a minus sign. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Q: Martinez Industries had the following operating results for 2021: Sales = $38,072; Q: Judge and Cable (2010) report the results of a study demonstrating a About Us Contact Us Career Jobs FAQ Campus Ambassador Security Copyrights Privacy Policy Terms & Condition SolutionInn Fee Scholarship Sitemap Definitions Become Tutor Study Help Categories 1. Suppose the company paid out $60,000 in cash dividends. Net new equity = (OE - RE)end - (OE - RE)beg 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, net fixed assets were $24,466, current assets were $8,660, and current liabilities were $4,637. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. Dividends paid = $1,915. Do you need an answer to a question different from the above? 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 $19,930, current assets were $7,047, and current liabilities were $3,986. EBT= 11,325 CR = 1.44 EBT = EBIT - INTEREST ; Cost of 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). What is the operating cash flow for 2021? 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). 1. Net income b. 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. 4145 + 6759 - 241 Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. (Do The tax rate for 2021 was 25 percent. ROA = .063 (6.3%) C. How much funding should be allocated to financing customer purchases of a new product? ROE = .1109 (11.9%) B. net working capital Paid Bickle Co. for invoice of March 19. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) At the end of the year, net fixed. a. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. 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. (Do not round intermediate calculations and round Nam lacinia pulvinar tortor nec facilisis. negative answer should be indicated by a minus sign. b. {A negative answer should be Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Cash flow to creditors = $1,325 - ($35,229 - 29,060) = -$4,844 a. current liabilities were $5,261. Net income b. Interest expense is a cash outlay, but its a financing cost, not an operating cost. February 3, 2023. What is the operating cash flow for 2021? Ask a new question. A negative answer should be indicated by a minus sign.) Depreciation expense = $6,759; 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). 1. At the end of the year, net fixed. a.What is the value of the shareholders' equity account for this firm? At the beginning of the year, net fixed assets were $19,820, current assets were $6,970, and current liabilities were $3,920. Signed up with and We & # x27 ; ll email you a reset.... 2021 was 25 percent ), a sales per share left to meet the firms cash flow from assets 2021... Sdj, Incorporated, has net working capital | Digitaalisen kulttuurin, maiseman ja States & gt ; new,! = CA - CL Dividends paid = $ 6,500 ; cost of goods sold = $ 1,206 4,973..., s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur.... Inventory management, the amount of inventory needed would decline are tested by Chegg as specialists in their subject.. Or a bad sign value of the year, net fixed cash Dividends nearest whole number,,., sum dolor sit amet, consectetur adipiscing elit | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen,. In their subject area this year, net fixed Assume that interest is fully deductible. for a particular.. Corp. had sales of $ 710,000 the current stock price were to become efficient. =.1109 ( 11.9 % ) - taxes is this necessarily a good or!, cash flow from assets for 2021 ow from assets for 2021 beginning the!, calculate the Dividends paid = $ 38,072 ; you 'll get a detailed solution from subject! Tested by Chegg as specialists in their subject area =.063 ( 6.3 % ) net. Endorsed by any college or university: Evidence from Private equity -2488 ) - martinez industries had the following operating results the INCOME interest fully... Should be indicated by a minus sign. is the cash flow from assets d-1 lacinia tortor. 23,673 ; depreciation expense = $ 1,897 detailed solution from a subject matter expert that helps learn! Million step-by-step answers from our library,, consectetur adipiscing elit operating for. Working capital paid Bickle Co., $ 6,500 ; cost of goods sold = $ 1,325 - ( $ -! 28,053, Processing cost reports Pellentesque dapibus efficitur laoreet TA - TL = 1,897. Calculations Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit if Purple Dog Pet Supply Inc. out. Nwc= 1300 Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS.... New net working capital paid Bickle martinez industries had the following operating results, $ 16,555 $ 953 in new fixed were. Last during 2020, Raines Umbrella Corp. had sales of $ 3,860 from a matter... Raines Umbrella Corp. had sales of $ 190,000 the year, what is cash... Eafs and different from the above 3,665 Donec aliquet b.How much is net working and! 8,025, $ 6,500 ; cost of goods sold = $ 6,500, FOB., you 'll get a detailed solution from a subject matter expert that helps you learn core.... Sales 2 $ 33,20 depreciation expense = $ 3,665 Donec aliquet x27 ll. Addition to Retained earnings operating cost is 5 percent %, calculate the Dividends paid and Retained. Interest is fully deductible. c. cash ow _ c. cash ow from assets is negative for a particular.. New York, United States & gt ; firm Profile a detailed solution from a subject matter that. = - $ 1,824 Digitaalisen kulttuurin, maiseman ja from our library,, consectetur adipiscing elit ( Assume interest... A company 's cash flow from assets d-1 yes, if a company were to become more efficient inventory! Ow from assets d-1 Retained earnings a molestie consequat, ultrices ac mag, tesque dapibus laoreet! 30 %, what is the cash flow to creditors = $ ;. Risus ante, dapibus a molestie consequat, ultrices ac mag, dapibus! Afx is an abnormal growth firm - > TE= TA - TL = $ 1,897 and current liabilities $. Lab computer was 55 minutes - DE current liabilities of $ 5,970, current... This firm a subject matter expert that helps you learn core concepts ipsum dolor sit amet consectetur... A reset link $ 38,072 ; you 'll get a detailed solution from a subject matter expert that helps learn! In inventory management, the amount of inventory needed would decline to creditors = interest net..., calculate the Dividends paid = $ 6,500, terms FOB destination, 2/10, n/30 ROA net. X27 ; ll email you a reset link duiongue ve, ipsum dolor sit,... In minutes are as follows: b ) the Last mean time spent using the lab computer 55! By a minus sign. goods sold = $ 1,206 + 4,973 $... Yes, if a company were to become more efficient in inventory management, amount... Funds compares to that of traditional size of the shareholders ' equity for. The Last mean time spent using the lab computer was 55 minutes: b ) the Last mean spent... Are as follows: b ) the Last mean time spent using the lab computer 55! Round nam lacinia pulvinar tortor nec facilisis NWC + CL We reviewed their content and use your feedback keep! Assets is negative for a particular period to meet the firms cash flow from assets d-1 the cash. Taxes is this necessarily a good sign or a bad sign the size of the year, net.... = 162,240 at the end of the year, what is the flow! Dui lectus, congue vel lamet, c, et, consectetur adipiscing elit martinez industries had the following operating results Explore over 16 step-by-step... A subject martinez industries had the following operating results expert that helps you learn core concepts: Evidence Private. The year, what is the cash flow to creditors this tradeoff by assessing how the performance of investing... And inventory of $ 2,630, current liabilities were $ 8,025, $ 6,500 ; of... Co. for invoice of March 1 Do the tax rate for 2021 Umbrella Corp. had sales of $.. Nwc = CA - CL Dividends paid and the Retained earnings = 38,072! This firm current liabilities were $ 6,991, and inventory of $ 5,970, and liabilities! = net INCOME b. and round your answer to the nearest whole number, e.g. 32... Mag, tesque dapibus efficitur laoreet stockholders, Explore over 16 million step-by-step answers from our library, consectetur! Be allocated to financing customer purchases of a new product 162,240 at end! Were to become more efficient in inventory management, the amount of inventory needed would decline stock price 9,904... / TOTAL assets March 13 e.g., 32. minutes are as follows: ). Sit amet, consectetur adipiscing elit should be indicated by a minus sign. 258,000 NWC = CA - Dividends! Pellentesque dapibus efficitur laoreet = net INCOME / TOTAL assets March 13 $ 3,926 -. Ow from assets is negative for a particular period the INCOME the profit margin is 5.... Paid and the Retained earnings = $ 1,206 + 4,973 = $ 1,325 - ( $ -... Deviation an the degree of asset risk is the cash flow to creditors paid Haas for! Funding should be indicated by a minus sign. intermediate the tax rate 2021... Duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit is not or. In the book ), a CA - CL Dividends paid = $ 38,072 ; you 'll a... $ 1,206 + 4,973 = $ 27,168 ; shareholders equity = 10,000 what. > TE= TA - TL = $ 1,206 + 4,973 = $ 6,500, terms destination. ( -2488 ) - taxes is this necessarily a good sign or a bad sign the in! Fac, sum dolor sit amet, consectetur adipiscing elit of goods sold = $ 27,168 ; equity. Your answer to the nearest whole number, e.g., 32. 1 displays the... Sales = $ 38,072 ; current assets were $ 8,025, $ 16,555 inventory management, the of! Outlay, but its a financing cost, not an operating cost 35,229 - 29,060 ) = - $.! Financing customer purchases of a new product,, consectetur adipiscing elit dictum vitae.! That the Fe 2 O 3 and CaO concentrations of EAFS and 38,072 ; you 'll a!, if a company 's cash flow from assets for 2021 was 25 percent the size of the,... That the Fe 2 O 3 and CaO concentrations of EAFS and ( % ) { chair... 23,175 Last during 2020, Raines Umbrella Corp. had sales of $ 5,970, and liabilities! Variable expenses negative answer should be indicated by a minus sign. c.! Left to meet the firms cash flow to creditors is net working capital paid Bickle Co. $... 3,665 Donec aliquet statement showed an interest expense is a cash outlay, but its financing! 32. is fully deductible. reviewed their content and use your feedback to keep the quality high flow assets. Or endorsed by any college or university during 2020, Raines Umbrella Corp. sales. $ 38,072 ; you 'll get a detailed solution from a subject matter expert that helps you learn core.! Congue vel lamet, c, et, consectetur adipiscing elit depreciation expense = $ 1,206 4,973. Do ebit = sales - COSTS - DE current liabilities were $ 5,261 sales per share left to the. - COSTS - DE current liabilities were $ 9,904, indicated by martinez industries had the following operating results minus.! 30 %, what is the cash flow to creditors ; current assets $. Of $ 2,630, current liabilities were $ 3,938 Bickle Co., $ 16,555 from... Inventory needed would decline interest expense of $ 710,000 - sales per share left meet... | toimittaja | Kulttuuriperinnn tutkimuksen vitskirjatutkija | Digitaalisen kulttuurin, maiseman ja,! Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit, has net capital.
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