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A company had average total assets of $3,216,000, total cash flows of $1,320,000, cash flows from...
The cash flow on total assets ratio is calculated by: Multiple Choice Dividing average total assets...
The cash flow on total assets ratio is calculated by: Multiple Choice Dividing average total assets by cash flows from financing activities. Total cash flows divided by average total assets times 365. Dividing total cash flows by average total assets. Dividing average total assets by total cash flows. Dividing cash flows from operations by average total assets.
1. A company had net cash flows from operations of $133,000, cash flows from financing of...
1. A company had net cash flows from operations of $133,000, cash flows from financing of $356,000, total cash flows of $539,000, and average total assets of $3,280,000. The cash flow on total assets ratio equals: Multiple Choice 16.4%. 4.1%. 4.3%. 16.5%. 24.7% 2. In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 54,000 Accounts payable increased by 18,200 Accounts receivable decreased by 25,200 Inventories increased by 5,400 Depreciation...
Statement of Cash Flows In 2008, Upper Crust had cash flows from investing activities of -$245,000...
Statement of Cash Flows In 2008, Upper Crust had cash flows from investing activities of -$245,000 and cash flows from financing activities of -$151,000. The balance in the firm's cash account was $91,000 at the beginning of 2018 and $106,000 at the end of the year. What was Upper Crust's cash flow from operations for 2018? Multiple Choice $15,000 $411,000 $396,000
During the month of February, Hoffer Company had cash receipts of $7,800 and cash disbursements of...
During the month of February, Hoffer Company had cash receipts of $7,800 and cash disbursements of $8,950. The February 28 cash balance was $1,900. What was the January 31 beginning cash balance? Multiple Choice О O $3,050 $1,150 O $0 $750 O $4,200 The following transactions occurred during July: a. Received $1,300 cash for services provided to a customer during July. b. Received $2,600 cash investment from Barbara Hanson, the owner of the business. c. Received $950 from a customer...
A machine with a cost of $146,000 and accumulated depreciation of $93.000 is sold for $46.400 cash. The total amount re...
A machine with a cost of $146,000 and accumulated depreciation of $93.000 is sold for $46.400 cash. The total amount related to this machine that should be reported in the operating section of the statement of cash flows under the indirect method is M oe Choice 0 $21000. 54640. оо 367400. O $1,500 96 БОЮ A corporation reported cash of $26,400, total assets of $458,000, and total equity of $156,975 on its balance sheet. Its common-size percent for cash equals:...
2 3 A company that reports segment information had average total assets of $1,562,450 and total...
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A company that reports segment information had average total assets of $1,562,450 and total net income of $650,700. Segment A had average total assets of $947.800 and segment operating income of $328,300. Segment B had average assets of $614,650 and segment operating income of $322,400. The segment return on assets for Segment B is: Multiple Choice o oo 52.5% ОО 50.5% Maxie's Game World sold games to a customer on credit for $2,700, terms 2/10,n/30 and the cost...
The following balance sheet information is provided for Duke Company for Year 2: Assets Cash Accounts...
The following balance sheet information is provided for Duke Company for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Bonds payable (Due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 5,400 11,550 14,700 1,500 19,400 13,300 $65,850 $ 2,730 8,330 11,500 17,000 26,290 $65,850 ings What is the company's current ratio? (Round your answer to...
MC algo 2-30 Calculating Cash Flow From Assets Red Barchetta Co. paid $27725 in dividends and...
MC algo 2-30 Calculating Cash Flow From Assets Red Barchetta Co. paid $27725 in dividends and $28.626 in interest over the past year. During the year, networking capital increased from $13,626 to $18,344. The company purchased $42,550 in foxed assets and had a depreciation expense of $17,030. During the year, the company issued $25.125 in new equity and paid off $21,175 in long-term debt What was the company's cash flow from assets? Multiple Choice o o 552,401 o О 552796...
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts...
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts payable Notes payable Other current liabilities Total current liabilities Long-term debt Common equity Total liabilities and equity $ 600,000 100,000 545,000 $1,245,000 400,000 2,640,000 $4,285,000 Total assets $4,285,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 929,000 Earnings before interest and taxes (EBIT) $ 196,000 Interest...
and average tax rale l 2. Financial Cash flow and statement of cash flows (10 credits)...
and average tax rale l 2. Financial Cash flow and statement of cash flows (10 credits) You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $84 million in current taxes and had an interest expense of $42 million. Statement of Cash 192 76 13 Net income Deferred Taxes Change in Assets and liabilities -16 17 13 Accounts payable Accrued Expenses Total cash...
Statement of Cash Flows In 2008, Upper Crust had cash flows from investing activities of -$245,000 and cash flows from financing activities of -$151,000. The balance in the firm's cash account was $91,000 at the beginning of 2018 and $106,000 at the end of the year. What was Upper Crust's cash flow from operations for 2018? Multiple Choice $15,000 $411,000 $396,000
During the month of February, Hoffer Company had cash receipts of $7,800 and cash disbursements of $8,950. The February 28 cash balance was $1,900. What was the January 31 beginning cash balance? Multiple Choice О O $3,050 $1,150 O $0 $750 O $4,200 The following transactions occurred during July: a. Received $1,300 cash for services provided to a customer during July. b. Received $2,600 cash investment from Barbara Hanson, the owner of the business. c. Received $950 from a customer...
A machine with a cost of $146,000 and accumulated depreciation of $93.000 is sold for $46.400 cash. The total amount related to this machine that should be reported in the operating section of the statement of cash flows under the indirect method is M oe Choice 0 $21000. 54640. оо 367400. O $1,500 96 БОЮ A corporation reported cash of $26,400, total assets of $458,000, and total equity of $156,975 on its balance sheet. Its common-size percent for cash equals:...
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A company that reports segment information had average total assets of $1,562,450 and total net income of $650,700. Segment A had average total assets of $947.800 and segment operating income of $328,300. Segment B had average assets of $614,650 and segment operating income of $322,400. The segment return on assets for Segment B is: Multiple Choice o oo 52.5% ОО 50.5% Maxie's Game World sold games to a customer on credit for $2,700, terms 2/10,n/30 and the cost...
The following balance sheet information is provided for Duke Company for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Bonds payable (Due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 5,400 11,550 14,700 1,500 19,400 13,300 $65,850 $ 2,730 8,330 11,500 17,000 26,290 $65,850 ings What is the company's current ratio? (Round your answer to...
MC algo 2-30 Calculating Cash Flow From Assets Red Barchetta Co. paid $27725 in dividends and $28.626 in interest over the past year. During the year, networking capital increased from $13,626 to $18,344. The company purchased $42,550 in foxed assets and had a depreciation expense of $17,030. During the year, the company issued $25.125 in new equity and paid off $21,175 in long-term debt What was the company's cash flow from assets? Multiple Choice o o 552,401 o О 552796...
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts payable Notes payable Other current liabilities Total current liabilities Long-term debt Common equity Total liabilities and equity $ 600,000 100,000 545,000 $1,245,000 400,000 2,640,000 $4,285,000 Total assets $4,285,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 929,000 Earnings before interest and taxes (EBIT) $ 196,000 Interest...
and average tax rale l 2. Financial Cash flow and statement of cash flows (10 credits) You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $84 million in current taxes and had an interest expense of $42 million. Statement of Cash 192 76 13 Net income Deferred Taxes Change in Assets and liabilities -16 17 13 Accounts payable Accrued Expenses Total cash...
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