Please use the following information to answer the next
question.
For JJ Incorporated:
Cash Flows from...
Please use the following information to answer the next
question.
For JJ Incorporated:
Cash Flows from Assets
-------------------------------------------------------------- 100
dollars
EBIT (from 1999 INCOME STATEMENT)
----------------------------------------0 dollars
Depreciation Expense (from 1999 INCOME STATEMENT)
-------------------- 0 dollars
Taxes (from 1999 INCOME STATEMENT)
------------------------------------------- 0
Net Fixed Assets from BALANCE SHEET dated December 31, 1998-------
1400 dollars
Net Fixed Assets from BALANCE SHEET dated December 31, 1999-------
1300 dollars
Additions to (Changes in) NWC for 1999
------------------------------------------- 0 dollars
For CC Incorporated:...
2018
2017
Balance Sheet:
Current Assets
Current Liabilities
Net Fixed Assets
Long-Term Debt
Common Stock
Income...
2018
2017
Balance Sheet:
Current Assets
Current Liabilities
Net Fixed Assets
Long-Term Debt
Common Stock
Income Statement/Other:
Depreciation Expense
EBIT
Interest Expense
Taxes
Net Income
Dividends
$ 5,000
2,000
10,000
11,000
7,500
$ 1,000
4,000
2,000
500
1,500
600
$ 7,000
4,500
8,000
9,500
7,400
Calculate the
following Cash Flow from Assets
Questions:
1. Operating Cash
Flow
2. Net Capital
Spending
3. Changes in Net
Working Capital
4. Cash...
Balance Sheet
Current assets
Cash 910,000
Acc receivable not given
Inventories 1,050,000
Fixed assets 3,710,000
TOTAL...
Balance Sheet
Current assets
Cash 910,000
Acc receivable not given
Inventories 1,050,000
Fixed assets 3,710,000
TOTAL ASSETS 7,000,000
Current liabilities
Acc payable not given
Long-term debt 3,500,000
Common stock 560,000
Retained earnings 2,470,000
TOTAL LIAB and EQUITY 7,000,000
Income Statement
Sales 14,000,000
Operating expense 11,200,000
EBIT 2,800,000
Interest expense 490,000
EBT 2,310,000
Taxes 924,000
Net income 1,386,000
What is the firm's debt ratio?
A.56.71%
B.50.00%
C.43.29%
D.93.29%
E.92.00%
please help
1. Thomas Corp., has current assets of $8,500, net
fixed assets of $32,370, current liabilities of...
1. Thomas Corp., has current assets of $8,500, net
fixed assets of $32,370, current liabilities of $6,700, and
long-term debt of $15,200. What is the value of the shareholders’
equity account for this firm? How much is net working capital?
2. Freddie’s Fish Farm, Inc., has sales of $725,000,
costs of $317,300, depreciation expense of $48,000, interest
expense of 28,000, and a tax rate of 21 percent. What is
the net income for
this firm?
3. Deprez, Inc., has...
Pompeii, Inc., has sales of $46,200, costs of $23,100,
depreciation expense of $2,200, and interest expense...
Pompeii, Inc., has sales of $46,200, costs of $23,100,
depreciation expense of $2,200, and interest expense of $1,700. If
the tax rate is 22 percent, what is the operating cash flow, or
OCF?
Logano Driving School’s 2017 balance sheet showed net fixed
assets of $4 million, and the 2018 balance sheet showed net fixed
assets of $3.3 million. The company’s 2018 income statement showed
a depreciation expense of $319,000. What was net capital spending
for 2018?
Please refer to the following information to answer all of question
1:
Income statement (millions of...
Please refer to the following information to answer all of question
1:
Income statement (millions of dollars)
Net
sales
$
137,579
COGS
$
102,180
Other
Expenses
$
17,171
Depreciation
$
8,514
EBIT
$ 9,714
Interest
Expense
$ 255
Income
Before Tax
$ 9,459
Tax
Expense (35%)
$ 3,311
Net
income
$
6,148
Dividends
$ 2,500
Balance sheet (millions of dollars)
Cash
$
700
Accounts
Receivable
$
12,000
Inventories
$
7,500
Other
Assets
$
5,000
Property, Plant and Equipment, net
$110,000...
For JJ Incorporated:
Cash flows from assets = 300 dollars
EBIT (from 2019 INCOME
STATEMENT) = 300
dollars...
For JJ Incorporated:
Cash flows from assets = 300 dollars
EBIT (from 2019 INCOME
STATEMENT) = 300
dollars
depreciation expense (from 2019 INCOME STATEMENT
) = 40 dollars
taxes (from 2019 INCOME STATEMENT
) = 40
fixed assets from BALANCE SHEET dated December 31,
2018 = 1400
dollars
fixed assets from BALANCE SHEET dated December 31, 2019
= 1360 dollars
Additions to (Changes in) NWC for 2019
= 0 dollars
For CAR Incorporated:
Cash flows from assets = 300 dollars
EBIT (from 2019 INCOME
STATEMENT) = 100
dollars
depreciation expense (from 2019 INCOME STATEMENT
) = 20 dollars...
Balance Sheet
Current assets
Cash 1,100,000
Acc receivable not given
Inventories 1,390,000
Fixed assets 4,160,000
TOTAL...
Balance Sheet
Current assets
Cash 1,100,000
Acc receivable not given
Inventories 1,390,000
Fixed assets 4,160,000
TOTAL ASSETS 7,300,000
Current liabilities
Acc payable not given
Long-term debt 2,200,000
Common stock 800,000
Retained earnings 3,100,000
TOTAL LIAB and EQUITY 7,300,000
Income Statement
Sales 14,600,000
Operating expense 12,410,000
EBIT 2,190,000
Interest expense 242,000
EBT 1,948,000
Taxes 779,000
Net income 1,169,000
What is the firm's quick ratio?
What is the firm's quick ratio?
A.0.92
B.2.62
C.2.08
D.0.51
E.1.46
spreadsheet.
Income Statement ($ million)
Balance Sheet ($ million)
Net Sales
186.2186.2
Assets
Costs Except Depreciation...
spreadsheet.
Income Statement ($ million)
Balance Sheet ($ million)
Net Sales
186.2186.2
Assets
Costs Except Depreciation
negative 175.9−175.9
Cash
22.222.2
EBITDA
10.310.3
Accounts Receivable
17.917.9
Depreciation and Amortization
negative 1.3−1.3
Inventories
15.715.7
EBIT
99
Total Current Assets
55.855.8
Interest Income (expense)
negative 7.7−7.7
Net Property, Plant, and Equipment
112.6112.6
Pre-tax Income
1.31.3
Total Assets
168.4168.4
Taxes
(2626%)
negative 0.3−0.3
Net Income
1.01.0
Liabilities and Equity
Accounts Payable
33.533.5
Long-Term Debt
112.3112.3
Total Liabilities
145.8145.8
Total Stockholders' Equity
22.622.6
Total Liabilities...