Please help I keep messing up something when I do the math.
Question:
Question:
Please help I keep messing up something when I do the math. Question: Question: Miami Rivet...
Last year Miami Rivet had $5 million in operating income (EBIT). Its depreciation expense was $1 million, its interest expense was $1 million, and its corporate tax rate was 25%. At year-end, it had $14 million in operating current assets, $3 million in accounts payable, $1 million in accruals, $2 million in notes payable, and $15 million in net plant and equipment. Assume Miami Rivet has no excess cash. Miami Rivet uses only debt and common equity to fund its...
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QUESTION: Miami Rivet had $12 million in net
plant and equipment the prior year. Its net operating working
capital has remained constant over time. What is the company’s free
cash flow (FCF) for the year that just ended? Note that capital
expenditures are equal to the change in net plant and equipment
plus the annual depreciation expense.
Last year Miami Rivet had $5 million in operating income (EBIT). Its depreciation...
PLEASE HELP AND SHOW ME HOW TO DO THIS THANK YOU SO MUCH F Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($75 par) $150,000 Common stock ($0.05 par) 7,500 Additional Paid in capital 2,246,500 Total paid in capital 2,404,000 Retained earnings 375,000 Treasury stock (4,000 common shares) (72,000) Total stockholders' equity $2,707,000 1. How many shares of preferred stock have been issued? ______ 2a. How many shares of common stock have been issued? ______ 2b. How...
The stockholders’ equity section of The Seventies Shop is presented here.THE SEVENTIES SHOPBalance Sheet (partial)($ in thousands)Stockholders' equity:Preferred stock, $50 par value $ 0Common stock, $5 par value 15,000Additional paid-in capital 45,000Total paid-in capital 60,000Retained earnings 48,000Treasury stock (2,700)Total stockholders' equity $ 105,300Based on the stockholders’ equity section of The Seventies Shop, answer the following questions. Remember that all amounts are presented in thousands.How many shares of preferred stock have been issued?How many shares of common stock have been issued?Total...
Can you confirm my answers please?
16. The year-end 2018 balance sheet for Brad's Copy, Inc. lists common stock (S1.25 par value) at $7,626,000 capital surplus at $86,543,126 and retained earnings at $218,546,280. On the 2017 year-end balance sheet, retained earnings are listed as $214,368,950. The firm's net income in 2018 was S12,659,120. No stock was issued or repurchased in 2018. What were dividends per share paid by the firm in 2018? 1.39 17. The Lunder Company has total assets...
Exercise 11-16 Book value per share LO A4 The equity section of Cyril Corporation’s balance sheet shows the following: Preferred stock—6% cumulative, $25 par value, 10,000 shares issued and outstanding $ 250,000 Common stock—$10 par value, 50,000 shares issued and outstanding 500,000 Retained earnings 267,500 Total stockholders’ equity $ 1,017,500 This year's dividends on preferred stock have been paid. Determine the book value per share of common stock under two separate situations. 1. No preferred dividends are in arrears. 2....
The year-end 2018 balance sheet for Brad's Copy, Inc. lists common stock ($1.25 par value) at $7,626,000 capital surplus at S86,543,126 and retained earnings at $218,546,280. On the 2017 year-end balance sheet, retained earnings are listed as S214,368,950. The firm's net income in 2018 was $12,659,120. No stock was issued or repurchased in 2018. What were dividends per share paid by the firm in 2018? The Lunder Company has total assets of S21,542,600, current labilities of $2,547,000, and long-term liabilities...
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T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($50 par) $500,000 Common stock (S0.10 par) 30.000 Additional Paid in capital 7,520,000 Total paid in capital 8,050,000 Retained earnings 610,100 Treasury stock (5,000 common shares) (150,000) Total stockholders' equity $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3....
Assume that the stockholders' equity section on the balance sheet of Dillard's, a popular department store, is shown below. During the year, the company reported net income of $463,909,000 and declared and paid dividends of $10,002,000. Current Year Last Year 118,530 117,707 Stockholders' Equity: Common stock, Class A-118,529,925 and 117,706,523 shares issued; ? and ? shares outstanding Common stock, Class B (convertible)-4,010,929 shares issued and outstanding Additional paid-in capital Retained earnings Less treasury stock, at cost, Class A- 73,099, 319...
T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($50 par) Common stock ($0.10 par) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (5,000 common shares) Total stockholders' equity $500,000 30,000 7,520,000 8,050,000 610,100 (150,000) $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were...