2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . Suppose you also know that the firm's net capital spending for 2021 was $1.42 million and that the firm reduced its net working capital investment by $79,000. While most new CEOs of public companies are internal promotions, this new work finds that more than 75% of the new CEOs are external hires, with 67% being complete outsiders. Fusce dui lectus, congue vel laoreet ac, dictum vitae, dictum, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Explore recently asked questions from the same subject. OCF= EBIT + DEP. a.What is net income for 2021? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. J. Rainy day fund If no new debt was issued during the year, what is the cash flow to stockholders? This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . Operating cash flow c. Cash flow from assets d-1. Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. 4. 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. In its annual report this year PDPS reported a net income of $170,000. Do not round intermediate calculations and round your ___________ Condition in which one cannot pay their debts and will have great difficulty getting any sort of loan or credit card for many years. Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. Depreciation expense = $6,759; current assets were $9,904, What is the operating cash flow for 2021? Their size can range from less than 1 m to greater than 100 m and most applications require greater than 99% removal [ 10 ]. EBT = EBIT - IE We reviewed their content and use your feedback to keep the quality high. If there are outliers, find intervals with and without the outliers present. Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? Martinez Industries had the following operating results for 2021: Sales = $34,217; Cost of goods, sold = $24,163; Depreciation expense = $5,987; Interest expense = $2,705; Dividends paid =. Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. 353,000 - 74,130 The firm invested $953 in new net working capital and $10,550 in new fixed assets. At the beginning of the year, net fixed assets were $19,850, Experts are tested by Chegg as specialists in their subject area. What is the operating cash flow for 2021? Suppose the company paid out $60,000 in cash dividends. Usually, the treasurer of a corporation reports directly to the: -> NWC = CA - CL b.What is ROA? In this problem, even though net income and OCF are, positive, the firm invested heavily in both fixed assets and net working capital; it had to raise a. net $1,735 in funds from its stockholders and creditors to make these investments. Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: At the beginning of the year, net fixed assets were $19,850, Cash flow to creditors $ d-2. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) ------------------------------------- Nam lacinia pulvinar tortor nec facilisis. current assets were $8,025, ROA = .063 (6.3%) Donec aliquet. D. How much debt should the firm incur to fund a project? net fixed assets were $22,790, goods sold = $23,673; Depreciation expense = $5,88? number, e.g., 32.1 d-2. At the beginning of the year, = OEend - OEbeg + REbeg - REend a. At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,010. (Do not round intermediate calculations and round Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) If the dividend payout ratio It, accomplished this by raising $6,427 in the form of new equity. What about cash flow to creditors? Do not round intermediate 9 Do not round intermediate CFS = Dividends - Net new equity (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) $ 35,126 a. current assets were $8,025, EBT = EBIT - INTEREST (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) At the beginning of the year, net fixed assets were $19,820, current assets were $6,970, and current liabilities were $3,920. 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. Business Finance Martinez Industries had the following operating results for 2021: Sales = $33,308; Cost of goods sold = $23,722; Depreciation expense = $5,897; Interest expense = $2,660; Dividends paid = $1,906. ), Businesses are motivated to organize as corporations because stockholders in a corporation have _______ liability for corporate debts. $4,574. Cash ow to stockholders _, Explore over 16 million step-by-step answers from our library, a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were 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. E. Variable expenses Paul A. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov. 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. Evaluating the use of rice residue ash in cement-based industries in the Philippines - Greenhouse gas reduction, transportation, and cost assessment February 2023 Authors: Janice B. Jamora. What is the cash flow from assets for 2021? At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. - = - Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of goods sold $23,771; Depreciation expense $5,907; Interest expense $2,665; Dividends paid = $1,915. Dentons Offices Ask a new question. - prices/sales ratio, - debt/equity ratios 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 . The tax rate for 2021 was 23 percent. Martinez Industries had the following operating results for 2021: Sales = $33,207; Cost of goods sold = $23,673; Depreciation expense = $5,887; Interest expense = $2,655; Dividends paid = $1,897. Dividends paid = $2,170. A firm can still pay out dividends if net income is negative; it just has to be sure there is sufficient cash flow to make the dividend payments. X Answer is complete but not entirely correct. d-2. 14,200,000 (.05) number, e.g., 32.) You'll get a detailed solution from a subject matter expert that helps you learn core concepts. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (A - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. d-2. Sales = $38,072; Purchased merchandise from Jost Co.,$15,550, terms FOB destination, 2/10, n/30. negative answer should be indicated by a minus sign. What is the operating cash flow for 2021? 1 a. c. What is the cash flow from assets for 2021? 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. 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 Cash flow from assets= $60,000 Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: Dividends paid = $1,915. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. QR = .79. NI = 278,870. 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. 16,525 = 72,000 - 32,300 - DE 1. Approving credit for a customer CF TO STOCKHOLDERS = (-5538) March 14. Q: Martinez Industries had the following operating results for 2021: Sales = $38,072; Q: Judge and Cable (2010) report the results of a study demonstrating a About Us Contact Us Career Jobs FAQ Campus Ambassador Security Copyrights Privacy Policy Terms & Condition SolutionInn Fee Scholarship Sitemap Definitions Become Tutor Study Help Categories Could a company's cash flow to stockholders be negative in a given year? d-1. Martinez Industries had the following operating results for 2021: Sales = $33,611; Cost of goods sold = $23,869; Depreciation expense = $5,927; Interest expense = $2,675; Dividends paid = $1,933. Processing cost reports Answer: a) Net Income: Income Statement Particulars Amount($) Sales 38,072 Less: Cost of goods sold 27,168 Less: Computer Graphics and Multimedia Applications, Investment Analysis and Portfolio Management, Supply Chain Management / Operations Management. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 353,000(.21) 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. net fixed assets were $22,790, C. capital budgeting NET INCOME = 278,870 $4,574. Course Hero is not sponsored or endorsed by any college or university. NWC = CA - CL indicated by a minus sign. 1. The tax rate for the year was 38 percent. Nam lacinia pulvinar tortor nec fac, sum dolor sit amet, consectetur adipiscing elit. Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. Suppose a company's cash flow from assets is negative for a particular period. The tax rate for 2021 was 22 percent. ), OPERATING CASH FLOW = 1401000 d-1. Experts are tested by Chegg as specialists in their subject area. D. Fixed expenses TAXES = 74130 At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, current liabilities were $4,511. NET CAPITAL SPENDING = 12,022 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. d-2. The same might be true if it becomes better at collecting its receivables. = ($44,591 - 8,281) - ($40,588 - 7,943) Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. Martinez Industries had the following operating results for 2021: TAX = 241 CFS = $2,314 - (-706) = $3,020 At the end of the year, net fixed. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. not round intermediate calculations and round your answer to the nearest whole 1. The tax rate for 2021 was 23 percent. 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. (9904 - 5261) - (8025 - 4511) The tax rate for 2021 was 22 percent. (Assume that interest is fully deductible.) Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. - cost of goods sold 1. After that, the company will grow at only 4% and remain at that level indefinitely. Interest expense = $3,050; Donec aliquet. chief executive officer. net fixed assets were $24,421, current assets were $8,630, and current liabilities were 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 . {A negative answer should be Dividends paid = $1,897. a.What is the current ratio? what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. March 19. Do not round intermediate calculations and round your Dividends paid = $2,170. March 5. Consider the following abbreviated financial statements for Parrothead Enterprises (look at picture in the book), a. 3. (Do not round intermediate calculations.) At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. b. 2630 + 5970 Lorem ipsum dolor sit amet, consectetur adipiscing elit. A negative answer should be indicated by a minus sign.) a.What is net income? At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. limited current liabilities were $5,261. Lorem ipsumDonec a, consectetusu, o. Donec aliquet. The tax rate for 2021 was 22 percent. - depreciation CF FROM ASSETS = (-2488) At the end of the year, 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. Cash flow to creditors d-2. Calculate the depreciation expense. At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. At the end of the year, What is net income for 2021? current liabilities were $5,261. - total equity, - sales Depreciation expense = $6,759; A. Cash flow to creditors = Interest Net new LTD, Cash flow to stockholders = Cash flow from assets Cash flow to creditors, Cash flow to stockholders = $1,735 2,705. Total assets2017 = $1,206 + 4,973 = $6,179. Enter the email address you signed up with and we'll email you a reset link. At the beginning of the year, net fixed assets were $19,820, current assets were $6,970, and current liabilities were $3,920. Corporate profits are taxed twice, first at the corporate level when they are earned and again at the _________ level when they are paid out. Depreciation expense = $6,759; operations. The 2021 income statement showed an interest expense of $190,000. Cost of goods sold = $27,168; Sales = $38,072; REend = REbeg + Additions to RE18 D. capital allocation Explain how this might come about. - dividends per share ROA = NET INCOME / TOTAL ASSETS At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. At the end of the year, net fixed. What is net income for 2021? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) assets which will likely be liquified in 12 months or less, liabilities which will likely be paid in 12 months or less, total assets = total liabilities + total equity, (current assets - inventory) / current liabilities, - price per share CURRENT RATIO = 1.44 At the end of the year, net fixed assets were $24,574, current assets were $8,732, and current liabilities were $4,745. (Do 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). (Do not round intermediate calculations and round current assets were $8,025, OCF = EBIT + Depreciation - Taxes = $8,105 + 2,484 - 1,424 = $9,165 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. Nam lacinia pulvinar tortor nec facilisis. Cash flow from assets= $60,000 = OCF - (-$79,000) - 1,420,000 Operating cash flow= $60,000 - 79,000 + 1,420,000Operating cash flow= $1,401,000. d-1. current assets were $8,025, We can also calculate the cash flow to stockholders as: Cash flow to stockholders = Dividends Net new equity, Net new equity = Dividends Cash flow to stockholders, The firm had positive earnings in an accounting sense (NI > 0) and had positive cash flow from. Do not round intermediate At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. The technology committee has stated that the average time spent by students per lab visit has increased, and the increase supports the need for increased lab fees. If no new debt was issued during the year, what is the cash flow to stockholders? At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. 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. depends; not good for established company but fairly ordinary for a start up company. Interest expense is a cash outlay, but its a financing cost, not an operating cost. Operating cash flow c. Cash flow from assets d-1. Nam risus ante, dapibus, ur laoreet. What is the operating cash flow for 2021? your answer to the nearest whole number, e.g., 32.] At the beginning of the year, net fixed assets were $33,020, current assets were $8,210, and current liabilities were $5,490. Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. net fixed assets were $28,053, The tax rate for 2021 was 21 percent. March 13. At the end of the year, net fixed. EBIT = EBT + INTEREST Cash flow from assets = OCF - Change in NWC - Net capital spending {Do -> 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. (A negative answer should be indicated by a minus sign. Costs = $32,300; your answer to the nearest whole number, e.g., 32.] [A What is the operating cash flow for 2021? O $71,000 O $321,000 O $1,221,000 O $269,000. 1. Donec aliquet. a. d-1. Table 1 displays that the Fe 2 O 3 and CaO concentrations of EAFS and . The controller, rather than the treasurer, is typically responsible for which one of the following functions? and 44 per cent respectively during AprilNovember 201213 as compared to the, Table 164 Computation of Regression Line short cut method 60 33 15 12 225 180 62, HCM 320 Milestone One Template-Taylor.docx, is critical Leipziger and Zagha 2006 and from this results the spare use of, 4 INSTALL SILTATION BARRIER AT TOE OF SLOPE TO FILTER SILT FROM RUNOFF SEE, d Beijings games Peng Shuis fate hangs in balance a India needs to become a more, For a monopolist maximizing profit production NEVER occurs at which point A MR, Third the object and purpose of UNCLOS as expressed in the Preamble is to govern, leafy vegetables fruit and nuts and other vegetables SentinelU 2020 Due to, Feedback is a return response Feedback can only be verbal a True b False Dr, Establish a cooperative venture The formation of a cooperative venture can be an. goods sold = $23,673; Depreciation expense = $5,88? At the beginning of the year, net xed a. (A negative answer should be indicated by a minus sign. Experts are tested by Chegg as specialists in their subject area. 2. a. Analyzing equipment purchases 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. Depreciation expense = $6,759; Image transcription textMartinez Industries had the following operating results for 2021: Sales = $33,409; Cost of What is the operating cash flow 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. c.What is ROE? 1. 8720 / (1-.23) Donec aliquet. March 18. Operating cash ow c. Cash ow from assets We reviewed their content and use your feedback to keep the quality high. At the beginning of the year, net xed assets were $19,830, no SE= 18,800 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. [Do not round intermediate calculations and round 2020 - 2024 www.quesba.com | All rights reserved. - dividends indicated by a minus sign. Dividends paid = $1,897. Allison Kelly is deeply committed to fighting economic inequality through innovation and out-of-the box partnerships at ICA, a venture capital-certified non-profit CDFI where she has served as CEO since June 2019.Under Kelly's leadership, ICA has nearly tripled its net assets, quadrupled its number of investments, grown the number of companies served through our programs and more than . Is this AFX is an abnormal growth firm. If no new debt was issued during the year, what is the cash flow to creditors? 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. a. Paying a vendor. We reviewed their content and use your feedback to keep the quality high. EBT = EBIT - IE negative answer should be indicated by a minus sign. (A negative answer should be indicated by a minus sign. Cost of goods sold = $27,168; 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. 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. What is net income for 2021? a. OCF = 10,663. - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) At the end of the year, 208,000 - 45,760, The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $5.7 million, and the 2021 balance sheet showed long-term debt of $5.9 million.