You are given the following information: 2018 Sales $12,000 Cost of goods sold $5,400 Depreciation expense...
|
You are given the following information: 2018 |
|
|
Sales |
$12,000 |
|
Cost of goods sold |
$5,400 |
|
Depreciation expense |
$1,000 |
|
Interest |
$300 |
|
Tax rate |
35% |
|
2017 |
2018 |
|
|
Current assets |
$900 |
$1,000 |
|
Net fixed assets |
$3,800 |
$4,500 |
|
Current liabilities |
$300 |
$400 |
|
Long-term debt |
$2,000 |
$2,100 |
a. Calculate the cash flow from assets for 2018. (Hint: Taxes = Earnings before taxes x Tax rate) show your work
b. Calculate the cash flow to shareholders for 2018. show your work
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You are given the following information:
2018
Sales
$12,000
Cost of goods sold
$5,400
Depreciation expense...
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$1,250. At the beginning of the year, net fixed assets were
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2018: sales $29,220; cost of goods sold = $19,560; depreciation
expense = $5,100; interest expense = $2,490; dividends paid =
$1,250. At the beginning of the year, net fixed assets were
$16,880, current assets were $5,820, and current liabilities were
$3,360. At the end of the year, net fixed assets were $20,460,
current assets were $7,360, and current liabilities were $3,940.
The tax rate for 2018 was 30 %.
a. What is...
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