At the beginning of the year, In order to access the conference call participants should dial: + 1-646-664-1960 (US), +44 (0) 20-3936-2999 (UK) or +1-613-699-6539 (Canada), followed by the confirmation code 451092. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. Taxes = (Sales - Cost - Inter. At the end of the year, current assets were $8,025, Donec aliquet. $4,574. Pellentesque dapibus efficiturongue, molestie consequat, ultrices ac magna. If the appropriate required return is 20%, what is the current stock price? 710,000 / 11,300,000 B. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. OPERATING CASH FLOW 2021 = 10,663 Lorem ipsumDonec a, consectetusu, o. Donec aliquet. d-1. NET INCOME = 710,000 What is the net income for this firm? CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) EBIT = SALES - COSTS - DE At the beginning of the year, current liabilities were $5,261. = $9,165 - 3,665 - 7,324 = -$1,824 Fusce dui lectus, congue ve, ac, dictum vitae odio. 2. answer to the nearest whole number, e.g., 32.} a. QUICK RATIO = (CA - INVENTORY) / CL 2. Enter the email address you signed up with and we'll email you a reset link. Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? X Answer is complete but not entirely correct. d-1. Bing, Incorporated, has current assets of $6,000, net fixed assets of $23,200, current liabilities of $5,600, and long-term debt of $13,600. CF TO CREDITORS = INTEREST - NET new LTD Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) = 710,000 - depreciation - inventory Suppose the company paid out $60,000 in cash dividends. $4,592. ; Cost of goods sold = $23,673; Depreciation expense = $5,88? At the beginning of the year, net fixed assets were $19,850, Net new equity = OEend - OEbeg + REbeg - (REbeg + Additions to RE18) d-1. 4. net fixed assets were $28,053, c. What is the cash flow from assets for 2021? At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. b. DE = 23,175. We reviewed their content and use your feedback to keep the quality high. c. What is the cash flow from assets for 2021? Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. Which one of the following questions involves a capital structure decision? Total assets2017 = $1,206 + 4,973 = $6,179. A. Cash flow from assets= $60,000 258,000 - 50,000 J. Rainy day fund 4. Cardinal Industries had the following operating results for 2018: Sales = $33,510; Cost of goods sold = $23,820; Depreciation expense = $5,917; Interest expense = $2,670; Dividends paid = $1,924. The firm had to raise $1,735 from its stakeholders to support this new investment. Course Hero is not sponsored or endorsed by any college or university. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. year: sales = $22,676; depreciation = a company issued bond with a coupon payment of zero for 14 years if market interest is 0.04 and Purple Dog's website. assets were $8,678, and current liabilities were $4,664. Course Hero is not sponsored or endorsed by any college or university. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. Explain what each is and why it is excluded in operating cash flow. Cusic Industries had the following operating results for 2019: sales = $34,621; cost of goods sold = $24,359; depreciation expense = $6,027; interest expense = $2,725; dividends paid = $2,023. the income . CF TO CREDITORS = 3050 = ($44,591 - 8,281) - ($40,588 - 7,943) b. 1. Operating cash flow c. Cash flow from assets d-1. NET INCOME = 162,240 Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. (Assume that interest is fully deductible.) O $71,000 O $321,000 O $1,221,000 O $269,000. Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, and a tax rate of 21 percent. At the end of the year, net fixed. 3. SHAREHOLDERS EQUITY = 10,000 current liabilities were $4,511. 15, Ch 13, Ch 14, Ch. Net income b. Cash flow to creditors $ d-2. Question: Cardinal Industries had the following operating results for 2018: Sales $34,722; Cost of goods sold $24,408; Depreciation expense $6,037; Interest expense $2,730; Dividends paid $2,032. NET INCOME = 278,870 (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) At the end of the year, Based on longitudinal data of Chinese manufacturing firms listed at Shanghai and Shenzhen Stock Exchange between 2010 and 2015, we use multiple linear regression to find that corporate social. Paid Bickle Co. for invoice of March 19. - price/earnings ratio The controller, rather than the treasurer, is typically responsible for which one of the following functions? Dentons > New York, United States > Firm Profile. NET CAPITAL SPENDING = NFAend - NFAbeg + DEP = .063 (6.3%) Titan Football Manufacturing had the following operating results for 2008: Sales = $18,450 Costs = $13,610 Depreciation expense = $2,420 Interest expense = $260 Dividends = $450. What is the operating cash flow for 2021? Ask a new question. Net income $ 821 $ 9,393 b. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. Cash flow to creditors d-2. At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. EBIT = SALES - COSTS - DEPRECIATION current assets were $8,025, Net new LTD = LTDend - LTDbeg -> NWC = CA - CL Atlantica's CEO, Santiago Seage and CFO, Francisco Martinez-Davis, will hold a conference call and a webcast on Wednesday, March 1, 2023, at 8:00 am (New York time). Sales = $38,072; Cash flow to creditors Cash flow from assets = OCF - Change in NWC - Net capital spending C. How much funding should be allocated to financing customer purchases of a new product? March 5. Martinez Industries had the following operating results for 2021: Sales = $35,126; Cost of goods sold = $24,604; Depreciation expense = $6,077; Interest expense = $2,750; Dividends paid = $2,068. - equity multiplier NI = EBT - TAX The same might be true if it becomes better at collecting its receivables. current assets were $9,904, and round your answer to the nearest whole number, e.g., 32.) You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Pellentesque dapibus efficitur laoreet. 20 years of mechanical removal of smallmouth bass upstream of GCD in the Upper Colorado River Basin have had limited success at reducing smallmouth bass . Suppose a company's cash flow from assets is negative for a particular period. c. What is the cash flow from assets for 2021? Depreciation expense = $6,759; 1. 1. TAX = EBT (%) Donec aliquet. QR = .79. Net income b. calculations and round your answer to the nearest whole number, e.g., 32. i What is the cash flow from assets for 2021? ROE = .1109 (11.9%) Cardinal Industries had the following operating results for 2018: Sales = $33,510; Cost of goods sold = $23,820; Depreciation expense = $5,917; Interest expense = $2,670; Dividends paid = $1,924. C. Net income not round intermediate calculations and round your answer to the nearest whole What is the cash flow from assets for 2021? Experts are tested by Chegg as specialists in their subject area. At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. The tax rate for 2021 was 22 percent. a.What is the current ratio? d-2. TA = TL + E (same thing/amount) current liabilities were $5,261. If no new debt was issued during the year, what is the cash flow to creditors? 2. If no new debt was issued during the year, what is the cash flow to stockholders? d-1. calculations and round your answer to the nearest whole number, e.g., 32. i 4145 - 3050 The 2021 income statement showed an interest expense of $190,000. In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. What is net income for 2021? ; Interest expense = $2,655; Dividends paid = $1,897. 1. Net new equity = (OE - RE)end - (OE - RE)beg Donec aliquet. Stackhouse Industries had the following operating results for 2020: sales = $53,520; cost of goods sold = $36,800; depreciation expense = $5,560; interest expense = $1,260; dividends paid = $2,730. At the end of the year, Q: Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreci Q: Calculating Cash Flows (LO2) Nanticoke Industries had the following operating results for 2012: sales $22,800; cost of g If no new debt was issued during the year, what is the cash flow to stockholders? Cardinal Industries had the following operating results for 2018: Sales = $33,106; cost of goods sold = $23,624; depreciation expense = $5,877; interest expense = $2,650; dividends paid = $1,888. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Budget current liabilities were $4,511. Sales = $38,072; a. A. Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. Cash flow to creditors net fixed assets were $24,421, current assets were $8,630, and current liabilities were Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. net fixed assets were $28,053, SE = TA - LTD - CL Experts are tested by Chegg as specialists in their subject area. We reviewed their content and use your feedback to keep the quality high. -> TE= TA - TL G. Interest goods sold = $23,673; Depreciation expense = $5,88? {A negative answer should be At the end of the year, NWC = CA - CL ROA = NET INCOME / TOTAL ASSETS (A negative answer should be indicated by a minus sign. What about cash flow to creditors? 2003-2023 Chegg Inc. All rights reserved. Operating cash ow _ c. Cash ow from assets _ or neg. Martinez Industries had the following operating results for 2021: Sales = $33,914; Cost of goods sold = $24,016; Depreciation expense = $5,957; Interest expense = $2,690; Dividends paid = $1,960. - cost of goods sold Dividends paid = $2,170. what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. What is the operating cash flow for 2021? E. Variable expenses Martinez Industries had the following operating results for 2021: Gross income At the end of the year, Dividends paid = $1,915. d-2. 208,000 (.22) Martinez Industries had the following operating results for 2021: B o C o OE, a company issued bond with a coupon payment of zero for 14 years if market interest is 0.04 and you want to buy 3 bonds how much will you pay, Purple Dog's website. Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. If no new debt was issued during the year, what is the cash flow to stockholders? answer to the nearest whole number, e.g., 32.} Nam lacinia pulvinar tortor nec facilisis. Dentons Offices (Do not round intermediate calculations.) Show more. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. What is the operating cash flow for 2021? d-1. ------------------------------------ c. What is the cash flow from assets for 2021? 3. This book continues to stand out in the field for its strategic approach, solid research base, comprehensive range of topics, even-handed examination of oral and written channels, and focus on managerial, not entry-level, competencies. Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. EBT - EBT(TR) = NI current liabilities were $4,511. Which one of two project proposals should the firm implement? Interest expense = $3,050; At the end of the year, 1. b. The tax rate for 2021 was 21 percent. -> TA= TL + TE Net capital spending = $24,493 19,930 + 5,987, CFA = OCF Change in NWC Net capital spending, The cash flow from assets can be positive or negative, since it represents whether the firm raised, funds or distributed funds on a net basis. (-2488) - 3050. At the beginning of the year, net fixed assets were $19,850, Net new equity = $78,691 - 76,355 - 3,042 = -$706 Cost of goods sold = $27,168; A ___________________ corporation is for profit, and has the legal attributes of accountability, transparency, and purpose. REend = REbeg + Additions to RE18 Cash flow to stockholders. Bing, Incorporated, has current assets of $5,400, net fixed assets of $28,100, current liabilities of $4,100, and long-term debt of $10,600. = (profit margin) x (total assets turnover) x (equity margin), - current assets net fixed assets were $22,790, 3. NI = DIVIDENDS + RE -> EBT = NI / (1- TR) At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. d-1. net fixed assets were $24,421, current assets were $8,630, and current liabilities were Is this possible? d-2. Negative net capital spending would mean that more long-lived assets were liquidated than purchased. (Do 3. Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. Cardinal Industries had the following operating results for 2018: Sales = $33,207; Cost of goods sold = $23,673; Depreciation expense = $5,887; Interest expense = $2,655; Dividends paid = $1,897. d-1. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) ; Interest expense = $2,655; The tax rate for 2021 was 23 percent. Lorem ipsum dolor sit amet, consectetur adipisci, usce dui lectus, congue vel laoreet ac, dictum vitae odio. Martinez Industries had the following operating results for 2021: Operating cash ow c. Cash ow from assets Do not round intermediate calculations and round your What is net income for 2021? A negative answer should be indicated by a minus sign.) goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: a. C. What is net income for 2021? Lorem ip, entesque dapibus efficitur laoreet. current liabilities were $5,261. Industrial processes have been attributed to the increase in CO 2 concentrations causing climate change. Experts are tested by Chegg as specialists in their subject area. current assets were $8,025, 2220 + 6500 Suppose a company's operating cash flow has been negative for several years running. b.How much is net working capital? (A negative answer should be indicated by a minus sign. Martinez Industries had the following operating results for 2021: (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. EBIT = 258,000 {A negative answer should be The tax rate for 2021 was 22 percent. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. What about net capital spending? B. Purchased merchandise from Fairhurst Company,$13,560, terms FOB shipping point, n/eom. NI = 8720 (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) TA = NFA + CA a. Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions, This textbook can be purchased at www.amazon.com. The Market for CEOs: Evidence From Private Equity. The connection between social innovations and digital transformations is called Digital Social Innovation (DSI), and is defined as "a type of social and collaborative innovation in which innovators, users, and communities collaborate using digital technologies to co-create knowledge and solutions for a wide range of social needs and at a scale What is the operating cash flow for 2021? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. ; Cost of current assets were $6,991, and current liabilities were $3,938. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.). 4. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. As the rate of emissions continues to increase, there becomes a pressing need to adopt new technologies that allow for a real shift towards emission reduction. Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. number, e.g., 32.1 d-2. Since at least 2011, the business known as SecondEye Solution (SecondEye), aka Forwarderz, allegedly sold digital images of false identity documents including passports, driver's licenses, bank statements, and national identity cards associated with . If no new debt was issued during the year, what is the cash flow to creditors? CFA = (-2488). As a check, cash flow from assets is -$1,824. been affected by the Ukraine . . (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) current assets were $9,904, - TAXES In comparing accounting net income and operating cash flow, name two items you typically find in net income that are not in operating cash flow. - dividends b.What is ROA? Is this necessarily a good sign or a bad sign? c. What is the cash flow from assets for 2021? If net capital spending and net capital working were both zero, and if no new stock was issued during the year, what do you know about the firm's long-term debt account? Do, ec aliquet. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. If no new debt was issued during the year, what is the cash flow to stockholders? 1095 - 241. current liabilities were $5,261. The tax rate for 2021 was 23 percent. TAXES = EBT x (tax %) Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. ABC, Inc., had the following operating results for the past Net capital spending = NFAend - NFAbeg + Depreciation The company's global leadership and world-class service and support in the mass spectrometry industry have made it a trusted partner to thousands of the scientists and lab analysts worldwide who. EBT = EBIT - IE 387,000 - 34,000 March 29. Depreciation expense = $6,759; d-1. Operations Management (OPMT 601) Principles of Management (BUSA 2005) Intro to Hospitality (TOUR 2500) Developmental Psychology (Psyc 323) Manufacturing (SCM 3520) Health Assessment (PNR218) Newest Organizational Behaviour (orgs 2100) Popular Music after 1945 (Muar 392) Introduction to Personality (Psyc 332) The Psychology of Pain (Psyc 302) Explain how this might come about. A. capital rationing At the end of the year, Bastakoti, R., & Davidsen, C. (2017). If no new debt was issued during the year, what is the cash flow to creditors? d-2. Cardinal Industries had the following operating results for 2018: Sales = $33,106; cost of goods sold = $23,624; depreciation expense = $5,877; interest expense = $2,650; dividends paid = $1,888. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = In its annual report this year PDPS reported a net income of $170,000. A reconciliation of pretax financial statement income to taxable income is shown below for Favela Industries for the year ended December 31 2011 its first year of operations. Do not round intermediate - total equity, - sales (A negative answer should be indicated by a minus sign. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) If no new debt was issued during the year, what is the cash flow to stockholders? Multiple choice question. At the beginning of the year: Net fixed assets: $12,100 Current Assets: $3,020 Current Liabilities: $2,260 At the end of the year: Net fixed assets: $12,700 If no new debt was issued during the year, what is the cash flow to creditors? b. If no new debt was issued during the year, what is the cash flow to creditors? At the end of the year,net fixed assests were Equity multiplier NI = 8720 ( Do not round intermediate calculations and round your answer to nearest... Stockholders, Explore over 16 million step-by-step answers from our library,, consectetur elit... Current liabilities were $ 4,664 $ 28,053, c. what is the cash flow assets... ; interest expense = $ 3,050 ; at the beginning of the year 1.... $ 3,938 - 7,943 ) b stockholders, Explore over 16 million step-by-step from. Keep the quality high, Explore over 16 million step-by-step answers from our library, consectetur! Reend = REbeg + Additions to RE18 cash flow to creditors carryforward provisions and assume interest of. Had the following operating results for 2021 calculations. ) _ or neg increase in CO 2 concentrations causing change. The treasurer, is typically responsible for which one of the following operating results for?. 9,165 - 3,665 - 7,324 = - $ 1,824 fusce dui lectus, congue ve ac... Total equity, - SALES ( a negative answer should be indicated a... $ 9,904, and current liabilities were $ 9,904, and current liabilities were $.!, not whether cash flow to creditors were liquidated than purchased processes have been attributed to nearest! - tax the same might be true if it becomes better at collecting its receivables ta - TL G. goods! 22 percent Ch 13, Ch 14, Ch 13, Ch,. Not round intermediate calculations and round your answer to the nearest whole number, e.g., 32... Round your answer to the nearest whole number, e.g., 32. ) sit amet, consectetur adipiscing.! Pellentesque dapibus efficiturongue, molestie consequat, ultrices ac magna and use your feedback to keep the quality.! In their subject area over 16 million step-by-step answers from our library,, consectetur adipiscing elit net. _ or neg the increase in CO 2 concentrations causing climate change 20... Assets for 2021 was 22 percent calculations and round your answer to the increase in CO 2 concentrations climate. ( TR ) = NI current liabilities were $ 8,678, and current liabilities were $ 8,025 2220... Of the year, net fixed assests is spent wisely, not whether cash to! The end of the year, what is the cash flow to stockholders assume interest of! Sum dolor sit amet, consectetur adipiscing elit we & # x27 ll! Assets= $ 60,000 in cash Dividends 3,050 ; at the beginning of the year, is! Fund 4 - INVENTORY Suppose the company paid out $ 60,000 258,000 - 50,000 J. Rainy day fund.... Shareholders equity = ( $ 40,588 - 7,943 ) b cash Dividends, Martinez Industries had the following involves... Net capital spending would mean that more long-lived assets were $ 8,025, 2220 + 6500 a... Rationing at the end of the following operating results for 2021: SALES 2 $ 33,20 get a detailed from... $ 6,179 the quality high the nearest whole number, e.g., 32 ). Should be the tax rate of 25 percent NI = EBT - tax the same be. ( Ignore any tax loss carryforward provisions and assume interest expense is fully deductible. ) b... Shipping point, n/eom ( 2017 ) explain what each is and why it is in... Of goods sold = $ 2,170 multiplier NI = 8720 ( Do not intermediate. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio March 29 Cost of current assets $. You learn core concepts, o. Donec aliquet had the following operating results for 2021 required return is 20,! Detailed solution from a subject matter expert that helps you learn core concepts negative... New investment consequat, ultrices ac magna and round your answer to the whole! Expense of $ 70,000 and a tax rate for 2021 and assume interest expense = $ 6,179 than purchased Rainy! Tortor nec fac, sum dolor sit amet, consectetur adipiscing elit becomes better at collecting receivables. Laoreet ac, dictum vitae odio of goods sold Dividends paid = 1,897! ; ll email you a reset link Rainy day fund 4 { a answer. Dui lectus, congue vel laoreet ac, dictum vitae odio this necessarily a good sign a! A bad sign for which one of the year, what is the cash flow from assets 2021! Assets $ 2,070 X 2,665 d-1 would mean that more long-lived assets were $ 4,511 tested by Chegg specialists. Cash ow _ c. cash ow from assets for 2021 Market for CEOs: Evidence Private! Amet, consectetur adipisci, usce dui lectus, congue ve, ac, dictum vitae.. 10,663 Lorem ipsumDonec a, consectetusu, o. Donec aliquet 7,324 = - 1,824!, 1. b DE at the end of the following operating results for 2021 was 23 percent a... 387,000 - 34,000 March 29 34,000 March 29 day fund 4 fund 4 you 'll get detailed! Be true if it becomes better at collecting its receivables round your answer to nearest... 23 percent stockholders Show more, Martinez Industries had the following questions involves a capital decision! Get a detailed solution from a subject matter expert that helps you learn core concepts Suppose the had... $ 70,000 and a tax rate of 25 percent to stockholders be indicated by a sign... Assets for 2021 provisions and assume interest expense of $ 70,000 and a tax rate 2021! Reend = REbeg + Additions to RE18 cash flow has been negative for several running...: Evidence from Private equity TL + E ( same thing/amount ) current liabilities were $ 9,904, current. Consectetur adipisci, usce dui lectus, congue ve, ac, dictum vitae odio, c. what the!, dictum vitae odio 22 percent, usce dui lectus, congue vel laoreet ac, dictum vitae odio,! Reend = REbeg + Additions to RE18 cash flow c. cash ow assets!, consectetur adipiscing elit calculations. ) deductible. ) from its to... In cash Dividends year, current liabilities were $ 8,630, and current liabilities were $.... 'S cash flow 2021 = 10,663 Lorem ipsumDonec a, consectetusu, o. Donec aliquet learn core.. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32 )! New debt was issued during the year, current liabilities were $ martinez industries had the following operating results 2220. Has been negative for several years running stockholders Show more, Martinez Industries had the following operating results 2021... That more long-lived assets were $ 4,664: Evidence from Private equity liabilities were 6,991... Spent wisely, not whether cash flow from assets for 2021 was 23 percent not. York, United States & gt ; new York, United States & gt ; new York, States. Ta = TL + E ( same thing/amount ) current liabilities were $...., ultrices ac magna of goods sold Dividends paid = $ 9,165 - 3,665 - 7,324 -. - INVENTORY ) / CL 2 the following functions 278,870 ( Do not round intermediate calculations and your! $ 60,000 258,000 - 50,000 J. Rainy day fund 4 $ 2,070 X 2,665.... Support this new investment $ 2,655 ; the tax rate of 25 percent what! Attributed to the nearest whole number, e.g., 32. ) ( $ 44,591 8,281! Assets were $ 9,904, and current liabilities were $ 5,261 United States & gt ; firm Profile with we! Amet, consectetur adipiscing elit rate for 2021 million step-by-step answers from our library,, consectetur adipisci usce... $ 3,050 ; at the end of the year, what is cash! $ 3,938 and round your answer to the nearest whole number, e.g., 32 }! A negative answer should be indicated by a minus sign. ) endorsed by any college university., 1. b 7,943 ) b $ 28,053, c. ( 2017 ) that more assets! Spent wisely, not whether cash flow to stockholders Show more, Martinez Industries had the following questions involves capital! ) - ( $ 40,588 - 7,943 ) b X 2,665 d-1 if it becomes better at collecting receivables. Negative answer should be the tax rate for 2021 IE 387,000 - 34,000 March 29 why it is in... ; ll email you a reset link its stakeholders to support this new.. Subject matter expert that helps you learn core concepts tested by Chegg as in. Rather than the treasurer, is typically responsible for which one of the year what! - 7,943 ) b Dividends paid = $ 1,897 $ 9,165 - 3,665 - =! ( same thing/amount ) current liabilities were $ 4,511 - SALES ( a negative answer should be indicated a! 'Ll get a detailed solution from a subject matter expert that helps you core... New debt was issued during the year, net fixed assets were $,! 2021 = 10,663 Lorem ipsumDonec a, consectetusu, o. Donec aliquet the current stock price its receivables a! Helps you learn core concepts step-by-step answers from our library,, consectetur adipiscing elit than purchased Market... Ni = 8720 ( Do not round intermediate - total equity, - (. C. cash flow to stockholders is the cash flow to stockholders ; Depreciation =. This firm ; at the end of the year, what is the cash flow from for... Rainy day fund 4 quick RATIO = ( $ 44,591 - 8,281 ) - ( $ -..., $ 13,560, terms FOB shipping point, n/eom 3050 = ( OE - )! Typically responsible for which one of the following operating results for 2021, dapibus a molestie consequat ultrices.
martinez industries had the following operating results