2017 2018 Sales $ 785 COGS 460 Interest 35 Dividends 17 Depreciation 210 Cash 70 75...

	2017	2018
Sales		$ 785
COGS		460
Interest		35
Dividends		17
Depreciation		210
Cash	70	75
Accounts receivables	563	502
Accounts Payable	390	405
Inventory	662	640
Long-term debt	340	410
Net fixed assets	1,680	1,413
Common stock	700	235
Tax rate	35%	35%

Calculate the EBIT

Calculate the net income

Calculate the cash flow from operation

-226
194
238
360

Calculate the cash flow from investment

Calculate the cash flow from financing

518
-412
378
-552

Solutions

Expert Solution

ALL CALCULATIONS ARE PROVIDED. HAPPY TO HELP YOU. THANK YOU

jeff jeffy answered 9 months ago

Next > < Previous

Related Solutions

2017 2018 Sales $ 2,900 3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation...

2017 2018 Sales $ 2,900 3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation 290 330 Cash 250 150 Receivables 242 412 Current liabilities 900 1,100 Inventory 1,015 900 Long-term debt 3,200 3,100 Net fixed assets 6,000 5,700 Retained earnings 1,050 ? Tax rate 34% 34% Given the above information, what is the operating cash flow and retained earnings balance for 2018?

2017 2018 Sales $2,900 $3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation 290...

2017 2018 Sales $2,900 $3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation 290 330 Cash 250 150 Receivables 242 412 Current liabilities 900 1,100 Inventory 1,015 900 Long-term debt 3,200 3,100 Net fixed assets 6,000 5,700 Tax rate 34% 34% What is cash flow to stockholders for 2018? A. $79 B. $189 C. $445 D. $524 E. $603 Why is the answer E? please explain.

sales revenue 300,000 COGS 180,000 Selling and Admin 30,000 Interest rev 6,000 Dividends declared and paid...

sales revenue 300,000 COGS 180,000 Selling and Admin 30,000 Interest rev 6,000 Dividends declared and paid 9,000 Loss from discontinued 15,000 Dividend rev 8,000 Interest ex 8,000 What is the net amount of non-operating revenue and expenses? -81,000 -6,000 -(9,000) -(3,000)

2018 2017 Sales revenue 9,245,000 Interest revenue 850,000 Royalties revenue 1,450,000 Dividend revenue 150,000 Depreciation-building 147,500...

2018 2017 Sales revenue 9,245,000 Interest revenue 850,000 Royalties revenue 1,450,000 Dividend revenue 150,000 Depreciation-building 147,500 Depreciation-plant 262,500 Depreciation-equipment 75,000 Research and development expenditure 1,650,000 Cost of goods sold 4,005,000 Warranty expense 195,000 Wages and salaries expense 3,475,000 Long service leave expense 235,000 Interest expense 305,000 Rates and taxes on property 145,500 Doubtful debts expense 142,500 Accounts receivable 675,000 375,000 Estimated uncollectible debts 182,000 95,000 Interest receivable 300,000 275,000 Royalties receivable 920,000 745,000 Land (at cost) 2,500,000 2,500,000 Buildings 3,200,000...

2017 2018 Sales $ 2,050 $ 2,200 Depreciation 295 295 Cost of goods sold 705 801...

2017 2018 Sales $ 2,050 $ 2,200 Depreciation 295 295 Cost of goods sold 705 801 Other expenses 170 140 Interest 137 158 Cash 1,075 1,099 Accounts receivable 1,423 1,603 Short-term notes payable 208 195 Long-term debt 3,600 4,200 Net fixed assets 9,015 9,230 Accounts payable 1,129 1,095 Inventory 2,530 2,600 Dividends 250 ? Common Shares 1,000 Tax rate 40% 40% 2017 2018 Sales $ 2,050 $ 2,200 Depreciation 295 295 Cost of goods sold 705 801 Other expenses 170...

Salim, a self-employed plumber, received the following income in 2017/2018: Building society interest £ 4,200 Dividends...

Salim, a self-employed plumber, received the following income in 2017/2018: Building society interest £ 4,200 Dividends from a UK company £ 3,800 Trading Income £ 80,000 He paid allowable interest of £3,000 on 15 August 2017/2018. The following tax rates are applicable during the fiscal year. BAND CATEGORY TAX RATE OTHER INCOME Basic rate 0 - £37,400 20% Higher rate 37401-150,000 40% SAVING INCOME Starting rate 0 - £2,440 10% Basic rate 2441-37400 20% Higher rate 37401-150,000 40% DIVIDEND...

2017 2018 Accounts payable 800 740 Accounts receivable, net 1,850 2,150 Accruals 70 160 Cash ???...

2017 2018 Accounts payable 800 740 Accounts receivable, net 1,850 2,150 Accruals 70 160 Cash ??? ??? Capital surplus 1,250 1,360 Common stock 1,020 1,210 Cost of goods sold 7,340 7,580 Depreciation expense 1,610 1,720 Interest expense 220 190 Inventory (end of year) 5,360 5,240 Long-term debt 6,310 6,450 Net fixed assets 8,240 9,120 Net sales 12,850 13,950 Notes payable 840 750 Operating expenses (excluding depreciation) 2,240 2,430 Retained earnings 8,300 8,460 Taxes 340 450 This company’s operating profit margin...

XYZ Inc., has sales of $800,000, costs of $375,000, depreciation expense of $85,000, interest expense of $50,000, and a tax rate of 35%.

XYZ Inc., has sales of $800,000, costs of $375,000, depreciation expense of $85,000, interest expense of $50,000, and a tax rate of 35%. What is the net income of this firm? (10 Points)The income statement for the company is(Use Excel and Excel Formulas to answer)

Sales=35,420; Cost of good sold=25,260; Depreciation expense=6,000; Interest expense=2,715;Dividends paid=2,000. At the beginning of the year,...

Sales=35,420; Cost of good sold=25,260; Depreciation expense=6,000; Interest expense=2,715;Dividends paid=2,000. At the beginning of the year, net fixed assets were 19,950, current assets were 7,065, and current liabilities were 3,938. At the end of the year, net fixed assets were 24,500, current assets were 8,690, and current liabilities were 4,680. The tax rate was 22 percent. 1. What was the operating cash flow? 2. What was the net capital spending? 3. What was the cash flow from assets? 4. If...

sales=$10,980 cost of goods sold=$8,100 depreciation expense=$1,440 interest expense=$180 dividends paid=$270 Tax rate for the year...

sales=$10,980 cost of goods sold=$8,100 depreciation expense=$1,440 interest expense=$180 dividends paid=$270 Tax rate for the year was 35% what is the operating cash flow for the year

Subjects