Question

Nanniner Corp. paid $27,995 in dividends and $29,004 in interest over the past year. During the...

Nanniner Corp. paid $27,995 in dividends and $29,004 in interest over the past year. During the year, net working capital increased from $13,770 to $18,494. The company purchased $43,210 in fixed assets and had a depreciation expense of $17,300. During the year, the company issued $25,275 in new equity and paid off $21,385 in long-term debt. What was the company's cash flow from assets?

Multiple Choice

  • $53,109

  • $52,130

  • $53,506

  • $54,457

  • $46,489

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Red Barchetta Co. paid $27,635 in dividends and $28,500 in interest over the past year. During...
Red Barchetta Co. paid $27,635 in dividends and $28,500 in interest over the past year. During the year, net working capital increased from $13,578 to $18,294. The company purchased $42,330 in fixed assets and had a depreciation expense of $16,940. During the year, the company issued $25,075 in new equity and paid off $21,105 in long-term debt. What was the company's cash flow from assets?
Red Barchetta Co. paid $28,265 in dividends and $29,382 in interest over the past year. During...
Red Barchetta Co. paid $28,265 in dividends and $29,382 in interest over the past year. During the year, net working capital increased from $13,914 to $18,644. The company purchased $43,870 in fixed assets and had a depreciation expense of $17,570. During the year, the company issued $25,425 in new equity and paid off $21,595 in long-term debt. What was the company's cash flow from assets?
4. Holly Farms paid $38,600 in dividends and $24,615 in interest over the past year while...
4. Holly Farms paid $38,600 in dividends and $24,615 in interest over the past year while net working capital increased from $15,506 to $17,411. The company purchased $38,700 in net new fixed assets and had depreciation expenses of $14,784. During the year, the firm issued $20,000 in net new equity and paid off $23,800 in long-term debt. What is the amount of the cash flow from assets?
Grant Mine paid $27,500 in dividends and $28,311 in interest over the past year while net...
Grant Mine paid $27,500 in dividends and $28,311 in interest over the past year while net working capital increased from $13,506 to $18,219. The company purchased $42,000 in net new fixed assets and had depreciation expenses of $16,805. During the year, the firm issued $30,000 in net new equity and paid off $21,000 in long-term debt. What is the amount of the cash flow from assets? A. $21,811 B. $30,811 C. $36,189 D. $46,811 E. $51,
1)Nezid Corp. paid $216 in dividends and $638 in interest over the past year. The company...
1)Nezid Corp. paid $216 in dividends and $638 in interest over the past year. The company increased retained earnings by $534 and had accounts payable of $714. Sales for the year were $16,615 and depreciation was $760. The tax rate was 35 percent. What was the company's EBIT? 2)Nanina Corp. has current liabilities of $413,000, a quick ratio of 1.70, inventory turnover of 3.60, and a current ratio of 3.80. What is the cost of goods sold for the company?
National Importers had a beginning balance of net fixed assets of $100,000 and an ending balance...
National Importers had a beginning balance of net fixed assets of $100,000 and an ending balance of net fixed assets of $138,700. Depreciation expense for the year was $14,784. Net working capital increased during the year from $15,506 to $17,411. During the year, the firm issued $20,000 in net new equity and paid off $23,800 in long-term debt (this means long-term debt decreased). The firm paid $38,600 in dividends and $24,615 in interest over the past year. For the year,...
During the past year, ABC Inc. paid $36,800 in interest along with $2,000 in dividends. The...
During the past year, ABC Inc. paid $36,800 in interest along with $2,000 in dividends. The company issued $3,000 of stock and $16,000 of new debt. The company reduced the balance due on its old debt by $8,400. What is the amount of the cash flow to creditors? $15,800 $29,200 $35,200 $39,200 $18,200
During the year, the XYZ company paid 350,000 in interest. The company is in the 25%...
During the year, the XYZ company paid 350,000 in interest. The company is in the 25% tax bracket. It paid off $150,000 in notes payable and issued an additional $400,000 in long term debt. The firm paid 125,000 in dividends and bought back $100,000 in common stock. It also increased its short term investments by 60,000. Based on the information above, calculate the FCF for XYZ company
1)Dezin Manufacturing has sales of $299,160 and costs of $151,130. The company paid $23,430 in interest...
1)Dezin Manufacturing has sales of $299,160 and costs of $151,130. The company paid $23,430 in interest and $12,400 in dividends. It also increased retained earnings by $63,074 during the year. If the company's depreciation was $14,990, what was its average tax rate? 2)During 2019, Maverick Inc. had sales of $748,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $561,000, $98,000, and $132,000, respectively. In addition, the company had an interest expense of $103,000 and a tax...
Schwert Corp. shows the following information on its 2015 statement of comprehensive income: sales = $167,000;...
Schwert Corp. shows the following information on its 2015 statement of comprehensive income: sales = $167,000; costs = $91,000; other expenses = $5,400; depreciation expense = $8,000; interest expense = $11,000; taxes = $18,060; dividends = $9,500. In addition, you’re told that the firm issued $7,250 in new equity during 2015 and redeemed$7,100 in outstanding long-term debt. 1. What is the 2015 operating cash flow? 2. What is the 2015 cash flow to creditors? 3. What is the 2015 cash...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT