Question

QUESTION 7 Gemstar Corporation has beginning retained oamings of $343,000 and ending retained earnings of $388,000. What is the amount of dividends paid if the company earned a net income of $116,000? $62.000 $65.000 $68,000 $71,000 $74,000 QUESTIONS What is the cash flow of the firm, or (CFA for 2018? 44.000 21.000 4,300 Smurfit Company 2018 Income Statement Net als Cost of goods sold Selling general, and administrative expenses Depreciation Earnings before interest and taxes Interest Pretax income Taxes Not income 2.100 10,000 520 16.000 4100 Can Accounts receivable Interiory Smurfit Company 2017 and 2018 Balance Sheets 2017 2018 700 720 Accounts payable 3,020 3,160 Accrued expenses 5,250 6.000 Total 8,970 9,680 Long-term det 2017 6,280 2,120 2018 6,510 2,610 18.000 9,120 19,240 Net ad assets Total assets 33,100 42,070 34 300 44,180 Owners' y Totalbes and equity 14.670 42,070 15.20 44,180 -56,700 -$10.280 $11.110 $13.270 $15.460

Answer 1

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C ENG 10:57 26-05-2020 15 18 Х IB63 X fx ІВ IC ID IE IF IG ΠΗ UJ IK IL = 40 41 Q.7 42 DIVIDENDS PAID = DIVIDENDS PAID = DIVIDENDS PAID = NET INCOME - (CHANGE IN RETAINED EARNINGS) 116000 - (388000 - 343000) 71000 43 ANSWER 44 45 STEP 1 OCF = 46 Q.8 47 48 OCF = EBIT + DEPRECIATION - TAXES 16600 + 2100 - 4100 14600 OCF = 49 50 51 STEP 2 NET CAPITAL SPENDING = NET CAPITAL SPENDING = NET CAPITAL SPENDING = CHANGE IN FIXED ASSETS + DEPRECIATION (34300 - 33100) + 2100 3300 52 53 STEP 3 54 55 56 CHANGE IN WORKING CAPITAL = CHANGE IN CURRENT ASSETS - CHANGE IN CURRENT LIABILITIES CHANGE IN WORKING CAPITAL = (9880-8970) - (9120 - 8400) CHANGE IN WORKING CAPITAL = 190 57 58 FCF = STEP 1 - STEP 2-STEP 3 14600 - 3300 - 190 = FCF = 11110 59 ANSWER 60 61 62 63 FCF ARM, MSI,confidenceINDEX LOAN CURRENCY CROSS OVER GM HPR AM CUMRET TAX HEDGING MONEY MARKET GROWTH SUST PREF AND ... +