Net fixed assets at the beginning = $17303
Depreciation exp = (3,715)
-------------
13,588
Purchased assets = 8,390
Total assets at the end --------------
21,978
closing assets as per books = $18,554
Sold assets are = $3,424
Note. Interest paid is not related to fixed assets so need not to consider
Evil Pop Co. began the year with net feed assets of $17,303 and had $18,554 in...
Kerch Co. had beginning net fixed assets of $216,478, ending net fixed assets of $211,652, and depreciation of $40,411. During the year, the company sold fixed assets with a book value of $7,918. How much did the company purchase in new fixed assets? Choices: $43,503 $32,493 $35,585 $34,157 $41,340
Kerch Co. had beginning net fixed assets of $216,558, ending net fixed assets of $211,722, and depreciation of $40,471. During the year, the company sold fixed assets with a book value of $8,038. How much did the company purchase in new fixed assets? Multiple Choice $43,673 $41,510 $35,635 $32,433 $34,327
Pop Evil, Inc.'s net income for the most recent year was $19,208. The tax rate was 22 percent. The firm paid $3,856 in total interest expense and deducted $5,091 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Cash coverage ratio times
Todd's Tuxedos began the year with net fixed assets of $464 and ended with net fixed assets of $536. The firm also sold $312 in assets during the year. Depreciation was $28 and interest expenses were $20. What is the firm's net capital spending for the year?
Saira's Maid Service began the year with total assets of $120,000 and stockholders' equity of $40,000. During the year the company earned $90,000 in net income and paid $20,000 in dividends. Total assets at the end of the year were $215,000. How much are total liabilities at the end of the year? $80,000 $90,000 $105,000 $110,000
Red Barchetta Co. paid $27,815 in dividends and $28,752 in interest over the past year. During the year, net working capital increased from $13,674 to $18,394. The company purchased $42,770 in fixed assets and had a depreciation expense of $17,120. During the year, the company issued $25,175 in new equity and paid off $21,245 in long-term debt. What was the company's cash flow from assets?
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...
Quiz Q Finance 301-Quiz 1 Flash s Goat Farm Quiz #1 Fin 361 Saved Pop Evil, Inc.'s, net income for the most recent year was $10,198. The tax rate was 23 percent. The firm paid $3,440 in total interest expense and deducted $2.151 in depreciation expense. What was the cash coverage ratio for the year? Multiple Choice 6.57 times 6.98 times 5. 48 times 5.28 times 10.48 times KPre 17 of 20Next > O Type here to search
Miser Materials paid $27,500 in dividends and $28,311 in interest over the past year while net working capital increased from $13,506 to $18,219. The company purchased $42,000 in net new fixed assets and had depreciation expenses of $16,805. During the year, the firm issued $25,000 in net new equity and paid off $21,000 in long-term debt. What is the amount of the cash flow from assets? O $30,811 O $36,189 O $49,811 O $51,811
Accounting Manipulation Problems a) The Office Supplies account had a $900 balance at the beginning of the current year; $400 of office supplies were purchased during the year; and the year-end balance sheet showed $300 of office supplies; office supplies expense for the year must have been ___________ b) The Prepaid Insurance account began the current year with a balance of $1,500; the income statement for the year showed Insurance Expense of 1,800; and the year-end balance sheet showed Prepaid...