What is the CFI, given: Beginning Net PP&E 250,000 Ending Net PP&E 300,000 Depreciation E...
What is the CFI, given: Beginning Net PP&E 250,000 Ending Net PP&E 300,000 Depreciation Expense 40,000 Ending Gross PPE 500,000
Homework Answers
Cash flows investment:
= -Ending equipment -Depreciation + Beginning gross equipment
= -$300,000-$40,000+$250,000
= -$90,000
Hence, CFI is -$90,000
Add Answer to:
What is the CFI, given: Beginning Net PP&E 250,000 Ending Net PP&E 300,000 Depreciation E...
10. Describe the relation between Gross PP&E, Net PP&E, and depreciation. 11. How are stocks cate...
Please answer the following.
Thanks
10. Describe the relation between Gross PP&E, Net PP&E, and depreciation. 11. How are stocks categorized under financing activities different from stocks categorized under investment activities on the Statement of Cash Flows? 12. Give an example of how are earnings and cash flows can be different? Make sure to apply financial statements terminology when giving an answer.
10. Describe the relation between Gross PP&E, Net PP&E, and depreciation. 11. How are stocks categorized under financing...
13. When using PP&E as the forecast driver for depreciation, which of the following is most...
13. When using PP&E as the forecast driver for depreciation, which of the following is most accurate? a) From both an ideal and a practical standpoint, the driver should be net PP&E. b) From both an ideal and a practical standpoint, the driver should be gross PP&E. c) Ideally, the driver should be net PP&E, but practically the driver should be gross PP&E. d) Ideally, the driver should be gross PP&E, but practically the driver should be net PP&E.
Company X sold Equipment with a $150,000 cost and $40,000 of Accumulated Depreciation for $125,000. At...
Company X sold Equipment with a $150,000 cost and $40,000 of Accumulated Depreciation for $125,000. At the time of the sales, the company’s PPE account had a beginning and ending debit balances of $245,000 and $300,000 respectively. The company’s accumulated depreciation accounting and beginning and ending credit balances of $100,000 and $98,000 respectively. How much was the gain or loss from the sale of the equipment. How much PPE did Company X purchase during the year? What was Company’s X’s...
Revenues $300,000 Less operating expenses: Rent $169,000 Insurance 15,000 Depreciation 46,000 Maintenance 20,000 250,000 Net operating income $ 50,00...
Revenues $300,000 Less operating expenses: Rent $169,000 Insurance 15,000 Depreciation 46,000 Maintenance 20,000 250,000 Net operating income $ 50,000 1. A company has estimated the annual revenues and expenses for a project it is considering (listed above) that will cost a total of $500,000, have a ten-year useful life, and has a salvage value of $40,000. The company requires a payback period of 5 years or less. Using the information above, what is the expected annual cash flow for this...
just need help filling in the blanks! thank you OUTPUT Income Statement INPUT 2014 250,000 300,000...
just need help filling in the
blanks! thank you
OUTPUT Income Statement INPUT 2014 250,000 300,000 120,000 150,000 2013 Cash Flow 2014 Sales Cost of Good Sold Cash Depreciation Interest Expense Tax Rate SG&A Long Tem Debt Initial Equity Investment Accounts Receivable Inventory Gross Fixed Assets Accumulated Depreciation Accounts Payable Retained Eamings 2013 2014 Sales COGS NI Plus Depreciation Cash Income 20,000 36,000 8,000 40.0% 50,000 40,000 9,000 40.0% 55,000 240,000 230,000 150,000 150,000 42,000 14,500 800,000 820,000 Gross margin...
Webster's has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and depreciation...
Webster's has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and depreciation expense of $48,859. What is the net capital spending for the year if the tax rate is 25 percent? $53,651 $48,600 $42.920 $35.255 $44,067
The following information is related to Alpha Company's fiscal year 2017. Net Income $300,000 Depreciation Expense...
The following information is related to Alpha Company's fiscal year 2017. Net Income $300,000 Depreciation Expense 50,000 Gain on Sale of Plant Assets 5,000 Accounts Payable decrease by 4,000 Purchase of land 250,000 Sale of Equipment 105,000 Additional Information: Beginning Cash Balance: $50,000 Ending Cash Balance: $216,000 Equipment was sold for 105,000 in cash. Land was paid for in cash. Common Stock exchanged for outstanding Long Term Notes Payable of $125,000 Dividends paid were $30,000 Use this information to prepare...
Sales: $250,000 Net Cost of Purchases: $70,000 Ending Inventory: $ 20,000 Gross Margin: $80,000 Net Income/Loss:...
Sales: $250,000 Net Cost of Purchases: $70,000 Ending Inventory: $ 20,000 Gross Margin: $80,000 Net Income/Loss: $ 24,000 Calculate Beginning Inventory, COGS and Operating Expenses.
Determining ending consolidated balances in the third year following the acquisition-Equity method Assume that your company...
Determining ending consolidated balances in the third year following the acquisition-Equity method Assume that your company acquired a subsidiary on January 1, 2017. The purchase price was $1,000,000 in excess of the subsidiary's book value of Stockholders' Equity on the acquisition date, and that excess was assigned to the following [A] assets: Original Original [A] Asset Amount Useful Life Patent $700,000 10 years Goodwill 300,000 indefinite $1,000,000 The [A] assets with a useful life have been amortized as part of...
Bart's Company has prepared the PP&E and depreciation schedule shown in Exhibit 8.54.1 below. The following...
Bart's Company has prepared the PP&E and depreciation
schedule shown in Exhibit 8.54.1 below.
The following information is available (assume the beginning
balance has been audited):
The land was purchased eight years ago when building 1 was
erected. The location was then remote but now is bordered by a
major freeway. The appraised value of the land is $35 million.
Building 1 has an estimated useful life of 35 years and no
residual value.
Building 2 was built by a...
Please answer the following.
Thanks
10. Describe the relation between Gross PP&E, Net PP&E, and depreciation. 11. How are stocks categorized under financing activities different from stocks categorized under investment activities on the Statement of Cash Flows? 12. Give an example of how are earnings and cash flows can be different? Make sure to apply financial statements terminology when giving an answer.
10. Describe the relation between Gross PP&E, Net PP&E, and depreciation. 11. How are stocks categorized under financing...
13. When using PP&E as the forecast driver for depreciation, which of the following is most accurate? a) From both an ideal and a practical standpoint, the driver should be net PP&E. b) From both an ideal and a practical standpoint, the driver should be gross PP&E. c) Ideally, the driver should be net PP&E, but practically the driver should be gross PP&E. d) Ideally, the driver should be gross PP&E, but practically the driver should be net PP&E.
just need help filling in the
blanks! thank you
OUTPUT Income Statement INPUT 2014 250,000 300,000 120,000 150,000 2013 Cash Flow 2014 Sales Cost of Good Sold Cash Depreciation Interest Expense Tax Rate SG&A Long Tem Debt Initial Equity Investment Accounts Receivable Inventory Gross Fixed Assets Accumulated Depreciation Accounts Payable Retained Eamings 2013 2014 Sales COGS NI Plus Depreciation Cash Income 20,000 36,000 8,000 40.0% 50,000 40,000 9,000 40.0% 55,000 240,000 230,000 150,000 150,000 42,000 14,500 800,000 820,000 Gross margin...
Webster's has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and depreciation expense of $48,859. What is the net capital spending for the year if the tax rate is 25 percent? $53,651 $48,600 $42.920 $35.255 $44,067
Determining ending consolidated balances in the third year following the acquisition-Equity method Assume that your company acquired a subsidiary on January 1, 2017. The purchase price was $1,000,000 in excess of the subsidiary's book value of Stockholders' Equity on the acquisition date, and that excess was assigned to the following [A] assets: Original Original [A] Asset Amount Useful Life Patent $700,000 10 years Goodwill 300,000 indefinite $1,000,000 The [A] assets with a useful life have been amortized as part of...
Bart's Company has prepared the PP&E and depreciation
schedule shown in Exhibit 8.54.1 below.
The following information is available (assume the beginning
balance has been audited):
The land was purchased eight years ago when building 1 was
erected. The location was then remote but now is bordered by a
major freeway. The appraised value of the land is $35 million.
Building 1 has an estimated useful life of 35 years and no
residual value.
Building 2 was built by a...
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