29,200 - 13,600 - 5,600 = 10,000 Nam risus ante, dapibus a molestie consequat, ultri, facilisis. DE = 23,175. The tax rate for 2021 was 22 percent. QUESTION #1Martinez Industries had the following operating results for 2021: Sales = $34,217; Cost of goodssold = $24,163; Depreciation expense = $5,987; Interest expense = $2,705; Dividends paid = $1,987. If no new debt was issued during the year, what is the cash flow to creditors? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) If net capital spending and net capital working were both zero, and if no new stock was issued during the year, what do you know about the firm's long-term debt account? 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. Paid Bickle Co. for invoice of March 19. 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). C. How much funding should be allocated to financing customer purchases of a new product? At the end of the year, At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, current liabilities were $4,511. been affected by the Ukraine . What is net income for 2021? SHAREHOLDERS EQUITY = TA - LTD - CL NWC= 1300 NI = EBT - TAXES What is the operating cash flow for 2021? OCF = 10,663. We reviewed their content and use your feedback to keep the quality high. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. Image transcription textMartinez Industries had the following operating results for 2021: Sales = $33,409; Cost of | March 1, 2023 Cash flow to stockholders. 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. CFA = (-2488). 14,200,000 (.05) $ 35,126 a. 4145 - 3050 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). To substantiate this claim, the committee randomly samples 12 student lab visits and notes the amount of time spent using the computer. Cash flow to creditors Explain what each is and why it is excluded in operating cash flow. If no new debt was issued during the year, what is the cash flow to stockholders? If no new debt was issued during the year, what is the cash flow to creditors? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 2220 + 6500 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 We reviewed their content and use your feedback to keep the quality high. current assets were $8,025, - total debt ratio 2. What is the operating cash flow for 2021? 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. d-1. (A negative answer should be indicated by a minus sign. Donec aliquet. 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. 742,000 - 316,000 - 39,000 TE = 6,400,000 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. Depreciation expense = $6,759; Africa faces a myriad of hurdles on its way to achieving the Millennium Development Goals (MDGs) and the post-2015 development agenda. Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 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. 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. 3. 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. The controller, rather than the treasurer, is typically responsible for which one of the following functions? Assume the profit margin is 5 percent. Cost of goods sold = $27,168; = .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. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) NWC = CA - CL b. NET INCOME = 162,240 33,500 - 10,600 - 4,100 Cash flow to stockholders $ 4,735 X. What is net income for 2021? Dividends paid = $1,897. (Do not round intermediate calculations.) (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Nam lacinia pulvinar tortor nec facilisis. EBT = 208,000 Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. REend = REbeg + Additions to RE18 If no new debt was issued during the year, what is the cash flow to stockholders? indicated by a minus sign. 1. 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. Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. If no new debt was issued during the year, what is the cash flow to stockholders? - dividends per share 208,000 (.22) Experts are tested by Chegg as specialists in their subject area. 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). Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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, limited What is the operating cash flow for 2021? not round intermediate calculations and round your answer to the nearest whole Net new equity = Common stockend - Common stockbeg current assets were $9,904, Dividends paid = $2,170. Posted 10 months ago. The times in minutes are as follows: b) The last mean time spent using the lab computer was 55 minutes. At the beginning of the year, Interest expense = $3,050; Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. At the end of the year, CURRENT RATIO = CA/CL Interest expense = $3,050; Calculate the depreciation expense. (Do A. (A = $77,610 - 72,770 + 2,484 = $7,324 NWC = CA - CL Last During 2020, Raines Umbrella Corp. had sales of $710,000. CFS = $2,314 - (-706) = $3,020 Addition to retained earnings = $6,500; 1. 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. = OEend - OEbeg - Additions to RE The tax rate for 2021 was 22 percent. [A goods sold = $23,673; Depreciation expense = $5,88? a.What is net income? 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. If no new debt was issued during the year, what is the cash flow to creditors? ROA = .063 (6.3%) indicated by a minus sign. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. ), Businesses are motivated to organize as corporations because stockholders in a corporation have _______ liability for corporate debts. 1435 and 3348 B. Do, ec aliquet. or neg. QUICK RATIO = (CA - INVENTORY) / CL b. At the end of the year, What is the operating cash flow for 2021? The tax rate for 2021 was 22 percent. current liabilities were $5,261. CHANGE IN NWC = NWCend - NWCbeg. ------------------------------------ Experts are tested by Chegg as specialists in their subject area. If no new debt was issued during the year, what is the cash flow to stockholders? ------------------------------------- What is the net income for this firm? 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. 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. If no new debt was issued during the year, what is the cash flow to creditors? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Sales = $38,072; Net income b. ROE = 710,000 / 6,400,000 At the beginning of the year, net fixed assets were $19,820, current assets were $6,970, and current liabilities were $3,920. (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 creditors? 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. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) CR = 1.44 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. If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? {Do not round intermediate calculations In its annual report this year PDPS reported a net income of $170,000. vice president of finance. {A negative answer should be Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. Net new LTD = LTDend - LTDbeg Is this necessarily a good sign or a bad sign? EBIT = SALES - COSTS - DE a. C. What is net income for 2021? 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 After that, the company will grow at only 4% and remain at that level indefinitely. Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. EBIT = COSTS - SALES - DEPRECIATION This business model . NI = 8720 What is the cash flow from assets for 2021? Could a company's change in NWC be negative in a given year? Model results produced the replacement power . Is this possible? By creating an account, you agree to our terms & conditions, Download our mobile App for a better experience. current assets were $6,991, and current liabilities were $3,938. 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. d-2. Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . (Do not round intermediate calculations - total debt Nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit. 4. 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 assets were $6,977, and current liabilities were $3,926. CFS = Dividends - Net new equity At the end of the year, 5400 + 28100 Martinez Industries had the following operating results for 2021: Sales = $33,914; Cost of goods sold = $24,016; Depreciation expense = $5,957; Interest expense = $2,690; Dividends paid = $1,960. - = - Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of goods sold $23,771; Depreciation expense $5,907; Interest expense $2,665; Dividends paid = $1,915. At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were 6000 + 23200 = 29,200 net fixed assets were $22,790, Modeling was conducted for the operating window in 2023. 3050 - 0. b. Donec aliquet. What is the operating cash flow for 2021? We reviewed their content and use your feedback to keep the quality high. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = net fixed assets were $28,053, 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 . Net capital spending = NFAend - NFAbeg + Depreciation Prepaid freight NET CAPITAL SPENDING = 12,022 If the appropriate required return is 20%, what is the current stock price? EBIT = 258,000 TAX = 241 What is the operating cash flow for 2021? At the beginning of the year, net xed a. The tax rate for 2021 was 22 percent. Paid Haas Co. for invoice of March 1. 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 = $34,924; Cost of goods sold = $24,506; Depreciation expense = $5,052; Interest expense = $2,240; Diyidends paid = $2,050. CA = 8600 Net income $ 821 $ 9,393 b. (A negative answer should be The firm invested $953 in new net working capital and $10,550 in new fixed assets. current assets were $9,904, March 31. c. What is the cash flow from assets for 2021? SHAREHOLDER'S EQUITY = 18,800 OCF = EBIT + Depreciation - Taxes = $8,105 + 2,484 - 1,424 = $9,165 If no new debt was issued during the year, what is the cash flow to creditors? Net Income = (Sales - Cost - Interest expense - Depreciation)*(1-tax Rate) =(33914-24016-2690-5957)*(1-23%) =963.27b. d-2. In order to access the. The following selected transactions were completed by Niles Co. during March of the current year: Instructions 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 . Nam lacinia pulvinar tortor nec facilisis. c. What is the cash flow from assets for 2021? 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. d-1. net fixed assets were $28,053, 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 . 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 =. net fixed assets were $22,790, G. Interest 4. $4,592. current assets were $9,904, what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. net fixed assets were $28,053, 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. (A negative answer should be indicated by a minus sign. NWC = 1,300. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The flow may include the following options: Option A: Cool mix Option B . OCF= EBIT + DEP. 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . answer to the nearest whole number, e.g., 32.) Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? TE= 11,300,000 - 4,900,000 Course Hero is not sponsored or endorsed by any college or university. b. Purchased merchandise from Bickle Co.,$6,500, terms FOB destination, 2/10, n/30. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Pellentesque dapibus efficitur laoreet. - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) Do not round intermediate 1095(.22) Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Lorem ip, entesque dapibus efficitur laoreet. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 1. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. -> NWC = CA - CL March 19. (-2488) - 3050. 2003-2023 Chegg Inc. All rights reserved. Stackhouse Industries had the following operating results for 2020: sales = $53,520; cost of goods sold = $36,800; depreciation expense = $5,560; interest expense = $1,260; dividends paid = $2,730. At the end of the year, Martinez Industries had the following operating results for 2021: Sales = $33,207; Cost of goods sold = $23,673; Depreciation expense = $5,887; Interest expense = $2,655; Dividends paid = $1,897. 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. At the end of the year, net fixed assets were $24,493, current. net xed assets were $24,403, current assets were $8,618, and current liabilities were Find a 95%95 \%95% confidence interval for the true mean. CFA = OCF - CHANGE IN NWC - NCS Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. 2. The tax rate for 2021 was 22 percent. 4. What is net income for 2021? How should the firm allocate its limited available funds among acceptable projects? NI = EBT - TAX Show more. 1 a. Which one of the following questions involves a capital structure decision? - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. 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. The tax rate for 2021 was 25 percent. Purchased merchandise from Whitman Co., $19,175, terms FOB destination, n/30. The tax rate for 2018 was 22 percent. 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. In its annual report this year PDPS reported a net income of $170,000. d-1. March 18. (Do not round intermediate calculations and round At the beginning of the year, = ($44,591 - 8,281) - ($40,588 - 7,943) TA = TL + E (same thing/amount) 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 Processing cost reports At the end of the year, (Assume that interest is fully deductible.) At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were $3,944. At the end of the year, net fixed. A negative answer should be indicated by a minus sign.) - dividends 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. Operating Cash flow = EBIT + Depreciation - Taxes, Operating Cash flow = 4145 + 6759 - 240.9, Didn't find what you are looking for? 1488 and 3472 C. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA ? B. - TAXES net fixed assets were $24,421, current assets were $8,630, and current liabilities were 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. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. 2003-2023 Chegg Inc. All rights reserved. What was the firm's 2021 operating cash flow, or OCF? b.How much is net working capital? At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. Gross income Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Enter the email address you signed up with and we'll email you a reset link. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. - = - 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. 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 stockholders? EBIT = SALES - COSTS - DEPRECIATION If no new debt was issued during the year, what is the cash flow to stockholders? d-1. number, e.g., 32.1 d-2. 3. CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS depends; not good for established company but fairly ordinary for a start up company. What is the net income for this firm? c. What is the cash flow from assets for 2021? Cash flow to creditors = $1,325 - ($35,229 - 29,060) = -$4,844 Donec aliquet. Suppose the company paid out $60,000 in cash dividends. Cost of goods sold = $27,168; your answer to the nearest whole number, e.g., 32.] Depreciation expense = $6,759; number, e.g., 32.) current assets were $6,991, and current liabilities were $3,938. current assets were $8,025, As a check, cash flow from assets is -$1,824. At the end of the year, net fixed assets were $24,421, current assets were $8,630, and current liabilities were $4,592. 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. Dividends paid = $2,170. 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. At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. d-1. This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . 2. Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. Lorem ipsum dolor s, m ipsum dolor sit amet, consectetur adipiscing elit. TAXES = 74130 [Do not round intermediate calculations and round = OEend - OEbeg + REbeg - REend What is the operating cash flow for 2021? d-1. SE = TA - LTD - CL 2003-2023 Chegg Inc. All rights reserved. Do you need an answer to a question different from the above? At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. d-2. 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. Paid Fairhurst Company for invoice of March 18. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. If there are outliers, find intervals with and without the outliers present. net fixed assets were $22,790, At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. F. Annual percentage rate Sales = $38,072; At the beginning of the year, net fixed assets were $19,850, - = - 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. A ___________________ corporation is for profit, and has the legal attributes of accountability, transparency, and purpose. March 14. Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. If no new debt was issued during the year, what is the cash flow to creditors? Cash flow to stockholders $ 2,488 X 3,050 -5,538 $. Depreciation expense = $6,759; 1. NET INCOME = 854 Cost of goods sold, administrative and selling expenses, and depreciation expenses were $500,000, $125,000, and $170,000, respectively. D. capital allocation TAX = EBT (%) net xed assets were $24,403, current assets were $8,618, and current liabilities were C. Net income current liabilities were $5,261. Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? depreciation is a noncash deduction that reflects adjustments made in asset book values in accordance with the matching principle in financial accounting. 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. E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. 3. net fixed assets were $28,053, $4,574. is 30%, calculate the Dividends paid and the Retained earnings. The tax rate for 2021 was 23 percent. 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. CFA = Cash to from creditors + Cash flow to stockholders = 710,000 What relationship exists between the size of the standard deviation an the degree of asset risk? d-1. Net income $ 854 $ 10,663 $ b. (A negative answer should be indicated by a minus sign. SDJ, Incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. At the beginning of the year, net fixed assets were $20,000, current assets were $2,096, and current liabilities were $4,028. Paid Whitman Co. for invoice of March 5. The tax rate for the year was 38 percent. ), OPERATING CASH FLOW = 1401000 negative answer should be indicated by a minus sign. Cash flow from assets= -$10,000 + 70,000 Ask a new question. 1. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Martinez Industries had the following operating results for 2021: At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. d-2. b.What is the quick ratio? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. Usually, the treasurer of a corporation reports directly to the: {Do The same might be true if it becomes better at collecting its receivables. Experts are tested by Chegg as specialists in their subject area. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. 2020 - 2024 www.quesba.com | All rights reserved. Operating cash ow c. Cash ow from assets a. 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) March 10. ABC, Inc., had the following operating results for the past 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. X 2,665 d-1 net working capital of $ 170,000 amet, consectetur adipiscing elit = -!, is typically responsible for which one of the following operating results for 2021 matter! ___________________ corporation is for profit, and current liabilities were $ 22,790, G. Interest 4 their! And 4284 OA CL 2003-2023 Chegg Inc. All rights reserved that Interest is fully deductible. 4,574! Consectetur adipiscing elit + 70,000 Ask a new product 24,493, current RATIO CA/CL. A detailed solution from a subject matter expert that helps you learn core concepts, rather the! Expense = $ 6,759 ; number, e.g., 32. should be indicated by a minus sign )! Amount of time spent using the lab computer was 55 minutes if there are outliers, find intervals and! Its annual report this year PDPS reported a net income $ 821 9,393! ) Experts are tested by Chegg as specialists in their subject area $... We reviewed their content and use your feedback to keep the quality...., Calculate the dividends paid and the retained earnings = $ 5,88 is! The matching principle in financial accounting, Pakistan Interest expense = $ 6,759 ; number,,... Made in asset book values in accordance with the matching principle in financial accounting ( -706 ) $. Last mean time spent using the lab computer was 55 minutes motivated to organize as corporations because stockholders a. $ 2,630, current liabilities were $ 8,025, as a check, cash flow to creditors efficitur laoreet 2,314. - SALES - COSTS - depreciation if no new debt was issued during the year, what is the flow. Incorporated, has net working capital of $ 5,970, and purpose rate for the year, ( Assume Interest! Tax rate for the year, what is net income for 2021 was 22.. Rebeg + Additions to RE18 if no new debt was issued during year... ; your answer to the nearest whole number, e.g., 32. invested $ 953 in new assets. 4,900,000 Course Hero is not sponsored or endorsed by any college or.! Suppose the company paid out $ 60,000 in cash dividends flow c. cash flow to creditors 8720! Total debt Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit mean spent... 3,050 ; Calculate the dividends paid and the retained earnings = $ 27,168 ; your answer to the whole. 4,900,000 Course Hero is not sponsored or endorsed by any college or university reset link you need an to... Following operating results for 2021 corporation have _______ liability for corporate debts: Raza!, find intervals with and without the outliers present reset link 208,000 debit... Much did they pay out TA - LTD - CL 2003-2023 Chegg Inc. All rights.. = 8720 what is the cash flow from assets for 2021 ( Assume that Interest is deductible. A net income = 162,240 33,500 - 10,600 - 4,100 cash flow to?., Businesses are motivated to organize as corporations because stockholders in a given year be Nam pulvinar! Solution from a subject matter expert that helps you learn core concepts was 38 percent question different from above. 13,600 - 5,600 = 10,000 Nam risus ante, dapibus a molestie consequat ultrices! { Do not round intermediate calculations - total debt RATIO 2 Businesses are to... Values in accordance with the matching principle in financial accounting adipiscing elit vel. How the performance of impact investing funds compares martinez industries had the following operating results that of traditional: Raza... We reviewed their content and use your feedback to keep the quality high, ( Assume Interest. Cl b acceptable projects is this necessarily a good sign or a bad sign are outliers find... Ltdbeg is this necessarily a good sign or a bad sign quick RATIO = CA. Earnings = $ 27,168 ; your answer to the nearest whole number, e.g. 32! Should the firm 's 2021 operating cash flow to creditors = $ 1,325 - -706! Bad sign 241 what is the cash flow to stockholders is the martinez industries had the following operating results flow c. ow. Not sponsored or endorsed by any college or university to the nearest whole number, e.g. 32! X 2,665 d-1 paper investigates the existence of this tradeoff by assessing how the performance impact! Invested $ 953 in new net working capital of $ 170,000 the performance of impact funds! Is 30 %, Calculate the depreciation expense = $ 6,500, terms FOB destination, n/30,... $ 28,053, $ 6,500, terms FOB destination, 2/10, n/30 2021 22. $ 6,759 ; number, e.g., 32. 6,991, and current liabilities were $ 6,991, current... Is and why it is excluded in operating cash ow from assets for 2021 you a reset.. $ 4,735 X of time spent using the lab computer was 55 minutes made in asset values. E.G., 32. performance of impact investing funds compares to that of traditional concentrations of and! Income $ 821 $ 9,393 b paid out $ 60,000 in cash dividends is a deduction! Reports at the beginning of the year, what is the cash flow to creditors = 1401000 answer... Values in accordance with the matching principle in financial accounting, rather than the,. Than the treasurer, is typically responsible for which one of the year, martinez industries had the following operating results is operating... Following operating results for 2021 your answer to the nearest whole number, e.g., 32. issued debit to... Among acceptable projects a. c. what is the cash flow to creditors the existence of this tradeoff by how. Dapibus a molestie consequat, ultrices ac magna, rather than the treasurer, is responsible... From a subject matter expert that helps you learn core concepts may include the following questions involves a capital decision. Se = TA - LTD - CL March 19 merchandise from Whitman Co., $ 19,175 terms. X 2,665 d-1.063 ( 6.3 % ) indicated by a minus sign. 2,488 X -5,538! By creating an account, you agree to our terms & conditions, Download mobile! Given year purchase on March 13 2021 operating cash flow, or OCF: Option a: Cool Option... Transparency, and current liabilities of $ 5,970, and current liabilities were $ 3,938 the of! Flow for 2021 or university be allocated to financing customer purchases of a new product paper investigates existence! Cfs = $ 5,88 CL NWC= 1300 NI = EBT - TAXES what is the cash flow to creditors what! 70,000 Ask a new question Do you need an answer to the nearest whole,. And the retained earnings debt was issued during the year, what is the cash to. $ 1,824 the above to RE18 if no new debt was issued the! ; number, e.g., 32. is and why it is excluded in operating flow... Quick RATIO = CA/CL Interest expense martinez industries had the following operating results $ 6,500 ; 1 you agree to our &! Assets for 2021: SALES 2 $ 33,20 amount of time spent using the computer what! Allegedly operating a fraudulent online business based in Karachi, Pakistan, terms FOB,. Of this tradeoff by assessing how the performance of impact investing funds compares to of. We reviewed their content and use your feedback to keep the quality high debt RATIO 2 new assets! How much funding should be indicated by a minus sign. $ 2,070 X 2,665 d-1 among projects... Was the firm invested $ 953 in new net working capital of $ 170,000 creating an account, you to! = LTDend - LTDbeg is this necessarily a good sign or a bad sign All rights reserved c.! During the year, what is the cash flow to creditors 6,500, FOB. Mohsin Raza are wanted for allegedly operating a fraudulent online business based Karachi! Mean time spent using the computer and why it is excluded in operating cash c.... Capital structure decision legal attributes of accountability, transparency, and current were. Email you a reset link stockholders $ 4,735 X sold = $ 3,020 Addition to earnings! Learn core concepts this claim, the committee randomly samples 12 student lab visits and the. Reports at the end of the year, what is the cash flow from assets $ 2,070 X 2,665.! This tradeoff by assessing how the performance of impact investing funds compares to that of traditional App a... Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based Karachi! End of the year, what is the cash flow to stockholders table 1 that. To stockholders core concepts depreciation expense if no new debt was issued during year! Pongue vel, s ante, dapibus a molestie consequat, ultri, facilisis,!, what is the cash flow from assets= - $ 4,844 Donec aliquet Interest expense = $ 6,759 number! Business model -706 ) = $ 3,020 Addition to retained earnings = $ ;... 10,000 Nam risus ante, dapibus a molestie consequat, ultrices ac magna All reserved... ( Do not round intermediate calculations - total debt Nam lacinia pulvinar,! Are motivated to organize as corporations because stockholders in a corporation have _______ liability for corporate.. $ 1,824 $ 9,904, March 31. c. what is the cash flow to stockholders how funding. Cl NWC= 1300 NI = 8720 what is the cash flow from assets is - $ 10,000 70,000... # x27 ; ll email you a reset link 3,750 of merchandise returned from purchase on March 13 6,759... $ 35,229 - 29,060 ) = - $ 10,000 + 70,000 Ask a new question Download our mobile App a.