Ch 03 Cash flow from operating activity $
The Cullumber Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $ 1.45 million, cost of goods sold of $ 805,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)
| Cash flow from operating activity | $ |
Homework Answers
| Sales | 1450000 |
| Less: Cost of Goods Sold | 805000 |
| Less: Depreciation | 175000 |
| EBIT | 470000 |
| Less: Interest | 89575 |
| EBT | 380425 |
| Less: Tax@35% | 133148.75 |
| EAT | 247276.25 |
| Add Back: Depreciation | 175000 |
| Operating Cash Flow | 422276.25 |
The Sandhill Company has disclosed the following financial information in its annual reports for the period...
The Sandhill Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.48 million, cost of goods sold of $810,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.) Cash flow from operating activity $____________
The Sunland Company has disclosed the following financial Information in its annual reports for the period...
The Sunland Company has disclosed the following financial Information in its annual reports for the period ending March 31, 2017: sales of $1.5 million, cost of goods sold of $808,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)
3.12 Cash flows: Given the data for Oakland Mills Company in Problem 3.7, compute the cash...
3.12 Cash flows: Given the data for Oakland Mills Company in Problem 3.7, compute the cash flows to investors from operating activity. 3.7. Income statement: The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.45 million, cost of goods sold of $812,500, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. What is the...
The Oriole Company has disdlosed the following financial information in its annual reports for the period...
The Oriole Company has disdlosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.69 milion, cost of goods sold of $812,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. What is the company's net income? Set up an income statement to answer the question. (Round answers to 2 decimal places, e.g. 15.25) Oriole Company Income Statement Amount Eamings...
The Oriole company has disclosed the following financial information and its annual reports for the period...
The Oriole company has disclosed the following
financial information and its annual reports for the period ending
March 31 2017: sales of 1.67 million, cost of goods sold of
$813,500, depreciation expenses of $175,000, and interest expenses
of $89,575. assume that the firm has an average tax rate of 35%.
what is the company's net income? Set up an income statement to
answer the question
Label options for header include:
1. for the year ended on March 31, 2017
2....
Please format answers to with EXCEL or to put in EXCEL. Thank you! 5. [EXCEL] Working...
Please format answers to with EXCEL or to put in EXCEL. Thank you! 5. [EXCEL] Working capital: Laurel Electronics reported the following information at its annual meeting: The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, short-term notes payable worth $1,151,663, and other current assets of $121,455. What is the company's net working capital? 6. [EXCEL] Working capital: The financial information for Laurel Electronics referred to in Problem 5...
STATEMENT OF CASH FLOWS FOR 2017 Cash Flow from Operating Activities Cash Flow from Investing Activities...
STATEMENT OF CASH FLOWS FOR 2017
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net
Increase in Cash
Beginning
Cash Balance
Ending Cash
Balance
Selected financial statement information and additional data for Stanislaus Co. is presented below 2017 $64,200 143,800 Cash Accounts receivable (net) Inventory Land Equipment TOTAL 2016 $41,610 85,190 168,040 55,130 508,180 $858,150 203,770 18,620 791,360 $1,221,750 $81,340 $113,560 Accumulated depreciation Accounts payable Notes payable - short-term 85,250 50,590 66,800 29,460...
Ch 03: End-of-Chapter Problems - Financial Statements, Cash Flow, and Taxes
Ch 03: End-of-Chapter Problems - Financial Statements, Cash Flow, and Taxes The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $2.6 million and net plant and equipment equals $2.3 million. It has notes payable of $160,000, long-term debt of $757,000, and total common equity of $1.45 million. The firm does have accounts payable and accruals on its balance sheet. The firm...
Question 7 The Sandhill Company has disclosed the following financial information in its annual reports for...
Question 7 The Sandhill Company has disclosed the following
financial information in its annual reports for the period ending
March 31, 2017: sales of $1.68 million, cost of goods sold of
$810,600, depreciation expenses of $175,000, and interest expenses
of $89,575. Assume that the firm has an average tax rate of 35
percent. What is the company’s net income? Set up an income
statement to answer the question. (Round answers to 2 decimal
places, e.g. 15.25) Sandhill Company Income Statement...
Listed below are yearly forecasts of “free cash flow” (operating cash flow plus investment-related cash flow)...
Listed below are yearly forecasts of “free cash flow” (operating cash flow plus investment-related cash flow) for Bomkat LLC. Year Cash Flow 2018 -$2.0 million. 2019 -$1.2 million. 2020 -$0.4 million. 2021 $0.2 million. 2022 $0.7 million. 2023 $1.1 million. After year 2023, cash flows are anticipated to grow by 2% per year, in perpetuity. For simplicity, assume all that cash flows occur at the end of each year. Assume a discount rate of 8% per year. (a) What is...
The Sunland Company has disclosed the following financial Information in its annual reports for the period ending March 31, 2017: sales of $1.5 million, cost of goods sold of $808,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)
3.12 Cash flows: Given the data for Oakland Mills Company in Problem 3.7, compute the cash flows to investors from operating activity. 3.7. Income statement: The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.45 million, cost of goods sold of $812,500, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. What is the...
The Oriole Company has disdlosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.69 milion, cost of goods sold of $812,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. What is the company's net income? Set up an income statement to answer the question. (Round answers to 2 decimal places, e.g. 15.25) Oriole Company Income Statement Amount Eamings...
The Oriole company has disclosed the following
financial information and its annual reports for the period ending
March 31 2017: sales of 1.67 million, cost of goods sold of
$813,500, depreciation expenses of $175,000, and interest expenses
of $89,575. assume that the firm has an average tax rate of 35%.
what is the company's net income? Set up an income statement to
answer the question
Label options for header include:
1. for the year ended on March 31, 2017
2....
STATEMENT OF CASH FLOWS FOR 2017
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Net
Increase in Cash
Beginning
Cash Balance
Ending Cash
Balance
Selected financial statement information and additional data for Stanislaus Co. is presented below 2017 $64,200 143,800 Cash Accounts receivable (net) Inventory Land Equipment TOTAL 2016 $41,610 85,190 168,040 55,130 508,180 $858,150 203,770 18,620 791,360 $1,221,750 $81,340 $113,560 Accumulated depreciation Accounts payable Notes payable - short-term 85,250 50,590 66,800 29,460...
Question 7 The Sandhill Company has disclosed the following
financial information in its annual reports for the period ending
March 31, 2017: sales of $1.68 million, cost of goods sold of
$810,600, depreciation expenses of $175,000, and interest expenses
of $89,575. Assume that the firm has an average tax rate of 35
percent. What is the company’s net income? Set up an income
statement to answer the question. (Round answers to 2 decimal
places, e.g. 15.25) Sandhill Company Income Statement...
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