ZuoTi.Pro
Question

Please make sure to check your work for the correct answer. Thanks.PQR Company has sales of $543936, production costs of $356382, other expenses of $8336, depreciation expense of $38385, interest expense of $6288, taxes of $29380, and dividends of $11554. In addition, during the year the firm issued $7091 in new equity and redeemed $6154 in outstanding long-term debt. If net fixed assets increased by $9603 during the year, what was the addition to net working capital? Answer to nearest dollar, no decimals.

business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

ANSWER : ADDITION TO NET WORKING CAPITAL = 84945

0 0
Add a comment
Know the answer?
Add Answer to:
Please make sure to check your work for the correct answer. Thanks. PQR Company has sales...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Please show all steps! PQR Company has sales of $553635, production costs of $382525, other expenses...

    Please show all steps! PQR Company has sales of $553635, production costs of $382525, other expenses of $8214, depreciation expense of $39677, interest expense of $7412, taxes of $29273, and dividends of $11051. In addition, during the year the firm issued $7650 in new equity and redeemed $7734 in outstanding long-term debt. If net fixed assets increased by $9016 during the year, what was the addition to net working capital? Answer to nearest dollar, no decimals.

  • Weiland Co. shows the following information on its 2016 income statement: sales = $161,500; costs =...

    Weiland Co. shows the following information on its 2016 income statement: sales = $161,500; costs = $80,200; other expenses = $3,500; depreciation expense = $9,200; interest expense = $6,700; taxes = $21,665; dividends = $8,050. In addition, you're told that the firm issued $4,300 in new equity during 2016 and redeemed $7,300 in outstanding long-term debt.    1. If net fixed assets increased by $21,100 during the year, what was the addition to NWC? (Do not round intermediate calculations and...

  • : Schwert Corp, shows the following information on its 2017 income statement: sales= $225,000; costs=$103,200; other...

    : Schwert Corp, shows the following information on its 2017 income statement: sales= $225,000; costs=$103,200; other expenses =$6,100; depreciation expense= $15,300; interest expense=$11,200; taxes =$31,227; dividends =$18,100, In addition , you’re told that the firm issued $6,000 in new equity during 2017, and redeemed $8,500, in outstanding long-term debt. a. What was the 2017 operating cash flow? b.What was the 2017 cash flow to creditors? c.What was the 2017 cash flow to stockholders? d. If net fixed assets increased by...

  • Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $315973; costs...

    Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $315973; costs = $211446; other expenses = $8759; depreciation expense = $19233; interest expense = $14143; taxes = $15748; dividends = $11614. In addition, you’re told that the firm issued $5750 in new equity during 2015 and redeemed $5210 in outstanding long-term debt. If net fixed assets increased by $21753 during the year, what was the addition to NWC?

  • Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $300888; costs...

    Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $300888; costs = $218637; other expenses = $8585; depreciation expense = $18372; interest expense = $14158; taxes = $17217; dividends = $11001. In addition, you’re told that the firm issued $6036 in new equity during 2015 and redeemed $4781 in outstanding long-term debt. If net fixed assets increased by $22082 during the year, what was the addition to NWC?

  • Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $317512; costs...

    Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $317512; costs = $227130; other expenses = $6574; depreciation expense = $19631; interest expense = $14106; taxes = $15384; dividends = $11628. In addition, you’re told that the firm issued $6862 in new equity during 2015 and redeemed $4618 in outstanding long-term debt. If net fixed assets increased by $21412 during the year, what was the addition to NWC?

  • Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $318944; costs...

    Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $318944; costs = $153087; other expenses = $6405; depreciation expense = $19056; interest expense = $14042; taxes = $18299; dividends = $11761. In addition, you’re told that the firm issued $5054 in new equity during 2015 and redeemed $5683 in outstanding long-term debt. If net fixed assets increased by $21297 during the year, what was the addition to NWC?

  • ABC Co. shows the following information on its 2014 income statement: sales = $178303; costs $87566;...

    ABC Co. shows the following information on its 2014 income statement: sales = $178303; costs $87566; other expenses-$4909; depreciation expense = $11511; interest expense $7180; taxes $19805; dividends-$9815. In addition, you're told that the firm issued $2839 in new equity during 2014, and redeemed $4114 in outstanding long-term debt. If net fixed assets increased by $18703 during the year, what was the addition to NWC (in $)?

  • Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $342609; costs...

    Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $342609; costs = $220939; other expenses = $8171; depreciation expense = $18901; interest expense = $14183; taxes = $15032; dividends = $10882. In addition, you’re told that the firm issued $5834 in new equity during 2015 and redeemed $3802 in outstanding long-term debt. If net fixed assets increased by $23309 during the year, what was the addition to NWC?

  • Paragraph Styles Weiland Co. shows the following information on its 2016 income statement: sales $155,500; costs...

    Paragraph Styles Weiland Co. shows the following information on its 2016 income statement: sales $155,500; costs $81,400; other expenses $4,700; depreciation expense $10,400; interest expense - $7,900; taxes $17,885; dividends $7,450. In addition, you're told that the firm issued $3,100 in new equity during 2016 and redeemed $4,900 in outstanding long-term debt. d. If net fixed assets increased by $20,500 during the year, what was the addition to NWC?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT