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Question D [AR1: 5 Marks Calculate the cash flow generated by Cash Cow Corporation Sales $300,000...
just need help filling in the blanks! thank you OUTPUT Income Statement INPUT 2014 250,000 300,000...
just need help filling in the
blanks! thank you
OUTPUT Income Statement INPUT 2014 250,000 300,000 120,000 150,000 2013 Cash Flow 2014 Sales Cost of Good Sold Cash Depreciation Interest Expense Tax Rate SG&A Long Tem Debt Initial Equity Investment Accounts Receivable Inventory Gross Fixed Assets Accumulated Depreciation Accounts Payable Retained Eamings 2013 2014 Sales COGS NI Plus Depreciation Cash Income 20,000 36,000 8,000 40.0% 50,000 40,000 9,000 40.0% 55,000 240,000 230,000 150,000 150,000 42,000 14,500 800,000 820,000 Gross margin...
Prepare a statement of cash flow 2.100 4,510 Question 1 (a) Based on the above information,...
Prepare a statement of cash flow
2.100 4,510 Question 1 (a) Based on the above information, prepare a statement of cash flow for 2010 (15 marks) Yasalam Corporation Balance Sheets at 31/12/2009 and 31/12/2010 Asus 2009 2010 RM RM Cash 3.110 Accounts Receivable 350 500 Inventory 650 900 Current assets 3.100 Plant and equipment 2.000 3.500 Less: accumulated depreciation (800) (1.800) Net plant and equipment 1,200 1700 Total assets 4,300 6.210 Liabilities and Owner's Equity: 2009 2010 RM Accounts payable...
please read questions because its third time no one can help Depreciation and accounting cash flow...
please read questions because its third time no one can help
Depreciation and accounting cash flow A firm in the third year of depreciating its only asset, which originally cost $180,000 and has a 5-year MACRS recovery period A, has gathered the following data relative to the current year's operations: Accruals Current assets Interest expense Sales revenue Inventory Total costs before depreciation, interest and taxes Tax rate on ordinary income $15,000 120,000 15,000 400,000 70,000 290,000 21% a. Use the...
5. Rich Pic generated £100 million in net income and £80 million in Free cash flow...
5. Rich Pic generated £100 million in net income and £80 million in Free cash flow to equity (FCFE) in the latest year. The company paid out £70m in dividends The book value of equity is £800 million, it has debt of £200 million and cash of £50 million. If the tax rate is 20%, what is the a. Equity reinvestment rate? (2.5 marks) b. Expected growth in net income? (2.5 marks)
FIND THE CASH FLOW STATEMENT Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from...
FIND THE CASH FLOW STATEMENT
Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from Lucena Company in ($): Cash Accounts Receivable (net) Inventories Fixed Assets (net) Dec. 31, 2018 14,000 22,000 65,000 85,000 Dec. 31, 2019 16,000 28,000 55,000 79,000 TOTAL ASSETS 186,000 178,000 Accounts Payable Bonds Payable Common Stock (par value of $10) Retained Earnings 30,000 60,000 60,000 36,000 15,000 75,000 60,000 28,000 TOTALL AND SE 186,000 178,000 INCOME STATEMENT FOR 2019 Sales Cost of Goods Sold...
Question 5 (20 marks) The comparative Balance Sheets and the Income statement for the Marine Corporation...
Question 5 (20 marks) The comparative Balance Sheets and the Income statement for the Marine Corporation are as follow: Marine Corporation Income Statement For the Year Ended December 31, 2019 Sales s 2.500.000 Less: Cost of Goods Sold 1.220,000 Gross Profit 1,280,000 Less: Selling, General & Administrative Expenses 210,000 Operating profit 1.070,000 Less: Depreciation Expense 110,000 Earnings Before Interest and Taxes 960,000 Less: Interest Expense 54.000 Earnings Before Taxes 906,000 Less: Taxes (50%) 453,000 Net Income S 453,000 Marine Corporation...
For the year ended September 30, 2019 Instruction: Answer All Questions Question 1 20 marks Sales...
For the year ended September 30, 2019 Instruction: Answer All Questions Question 1 20 marks Sales Less: Cost of goods sold Gross Profit - 5,000,000 3.500.000 1.500.000 Below are the unclassified financial statements for Jazzec Ltd for the year ended September 30, 2019: Jazzec Ltd Statement of Financial Position As at September 30, 2019 2016 Less Expenses: Salaries & Employee Benefits Depreciation Expense Interest Expense Insurance Income Tax Expense Net Profit 600,000 200,000 150,000 100,000 250.000 1.300.000 200.000 Accounts Receivable...
Prepare a statement of cash flow on both the direct and indirect method 2019 2018 Assets:...
Prepare a statement of cash flow on both the direct and indirect method 2019 2018 Assets: Cash 245,000 120,000 Accounts receivable, net 87,000 65,000 Inventory 54,000 60,000 Property, plant & equipment 650,000 600,000 Accumulated depreciation (90,000) (60,000) Total Assets 946,000 785,000 Liabilities & Equity Accounts payable 44,000 40,000 Accrued liabilities 41,000 40,000 Common stock 460,000 460,000 Retained earnings 401,000 245,000 Total liabilities and equity 946,000 785,000 Sales 1,150,000 Cost of goods sold 625,000 Gross profit 525,000 Operating expenses 180,000 Pre-tax...
CASH FLOW OUTLINE Question 1 The following information was extracted from the books of Sweet River...
CASH FLOW OUTLINE
Question 1 The following information was extracted from the books of Sweet River Ltd as at September 30, 2013 2013 2012 $ $ ASSETS Cash 318,000 30,000 320,000 16,000 280,000 382,000 24,000 340,000 12,000 280,000 320,000 (32.000 964,000 Accounts Receivable Inventory Prepaid Expenses Land Equipment Accumulated Depreciation 0 1326,000 LIABILITIES AND EQUITY Accounts Payable Accrued Expenses Income Tax Payable Long Term Loan Ordinary Share Capital Retained Earnings 120,000 40,000 104,000 30,000 24,000 260,000 720,000 188,000 964,000 0...
Presented below are the financial statements of Monty Company. Monty Company Comparative Balance Sheets December 31...
Presented below are the financial statements of Monty Company. Monty Company Comparative Balance Sheets December 31 Assets 2022 Cash $ 84,000 Accounts receivable 48,000 Inventory 67,200 Property, plant, and equipment 144,000 Accumulated depreciation (76,800 ) Total $266,400 2021 $ 48,000 33,600 48,000 187,200 (57,600 ) $259,200 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $ 45,600 16,800 40,800 43,200 120,000 $266,400 $ 36,000 19,200 79,200 33,600 91,200 $259,200 $580,800 420,000 160,800 Monty...
just need help filling in the
blanks! thank you
OUTPUT Income Statement INPUT 2014 250,000 300,000 120,000 150,000 2013 Cash Flow 2014 Sales Cost of Good Sold Cash Depreciation Interest Expense Tax Rate SG&A Long Tem Debt Initial Equity Investment Accounts Receivable Inventory Gross Fixed Assets Accumulated Depreciation Accounts Payable Retained Eamings 2013 2014 Sales COGS NI Plus Depreciation Cash Income 20,000 36,000 8,000 40.0% 50,000 40,000 9,000 40.0% 55,000 240,000 230,000 150,000 150,000 42,000 14,500 800,000 820,000 Gross margin...
Prepare a statement of cash flow
2.100 4,510 Question 1 (a) Based on the above information, prepare a statement of cash flow for 2010 (15 marks) Yasalam Corporation Balance Sheets at 31/12/2009 and 31/12/2010 Asus 2009 2010 RM RM Cash 3.110 Accounts Receivable 350 500 Inventory 650 900 Current assets 3.100 Plant and equipment 2.000 3.500 Less: accumulated depreciation (800) (1.800) Net plant and equipment 1,200 1700 Total assets 4,300 6.210 Liabilities and Owner's Equity: 2009 2010 RM Accounts payable...
please read questions because its third time no one can help
Depreciation and accounting cash flow A firm in the third year of depreciating its only asset, which originally cost $180,000 and has a 5-year MACRS recovery period A, has gathered the following data relative to the current year's operations: Accruals Current assets Interest expense Sales revenue Inventory Total costs before depreciation, interest and taxes Tax rate on ordinary income $15,000 120,000 15,000 400,000 70,000 290,000 21% a. Use the...
5. Rich Pic generated £100 million in net income and £80 million in Free cash flow to equity (FCFE) in the latest year. The company paid out £70m in dividends The book value of equity is £800 million, it has debt of £200 million and cash of £50 million. If the tax rate is 20%, what is the a. Equity reinvestment rate? (2.5 marks) b. Expected growth in net income? (2.5 marks)
FIND THE CASH FLOW STATEMENT
Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from Lucena Company in ($): Cash Accounts Receivable (net) Inventories Fixed Assets (net) Dec. 31, 2018 14,000 22,000 65,000 85,000 Dec. 31, 2019 16,000 28,000 55,000 79,000 TOTAL ASSETS 186,000 178,000 Accounts Payable Bonds Payable Common Stock (par value of $10) Retained Earnings 30,000 60,000 60,000 36,000 15,000 75,000 60,000 28,000 TOTALL AND SE 186,000 178,000 INCOME STATEMENT FOR 2019 Sales Cost of Goods Sold...
Question 5 (20 marks) The comparative Balance Sheets and the Income statement for the Marine Corporation are as follow: Marine Corporation Income Statement For the Year Ended December 31, 2019 Sales s 2.500.000 Less: Cost of Goods Sold 1.220,000 Gross Profit 1,280,000 Less: Selling, General & Administrative Expenses 210,000 Operating profit 1.070,000 Less: Depreciation Expense 110,000 Earnings Before Interest and Taxes 960,000 Less: Interest Expense 54.000 Earnings Before Taxes 906,000 Less: Taxes (50%) 453,000 Net Income S 453,000 Marine Corporation...
For the year ended September 30, 2019 Instruction: Answer All Questions Question 1 20 marks Sales Less: Cost of goods sold Gross Profit - 5,000,000 3.500.000 1.500.000 Below are the unclassified financial statements for Jazzec Ltd for the year ended September 30, 2019: Jazzec Ltd Statement of Financial Position As at September 30, 2019 2016 Less Expenses: Salaries & Employee Benefits Depreciation Expense Interest Expense Insurance Income Tax Expense Net Profit 600,000 200,000 150,000 100,000 250.000 1.300.000 200.000 Accounts Receivable...
CASH FLOW OUTLINE
Question 1 The following information was extracted from the books of Sweet River Ltd as at September 30, 2013 2013 2012 $ $ ASSETS Cash 318,000 30,000 320,000 16,000 280,000 382,000 24,000 340,000 12,000 280,000 320,000 (32.000 964,000 Accounts Receivable Inventory Prepaid Expenses Land Equipment Accumulated Depreciation 0 1326,000 LIABILITIES AND EQUITY Accounts Payable Accrued Expenses Income Tax Payable Long Term Loan Ordinary Share Capital Retained Earnings 120,000 40,000 104,000 30,000 24,000 260,000 720,000 188,000 964,000 0...
Presented below are the financial statements of Monty Company. Monty Company Comparative Balance Sheets December 31 Assets 2022 Cash $ 84,000 Accounts receivable 48,000 Inventory 67,200 Property, plant, and equipment 144,000 Accumulated depreciation (76,800 ) Total $266,400 2021 $ 48,000 33,600 48,000 187,200 (57,600 ) $259,200 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $ 45,600 16,800 40,800 43,200 120,000 $266,400 $ 36,000 19,200 79,200 33,600 91,200 $259,200 $580,800 420,000 160,800 Monty...
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