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. c. What is the cash flow from assets for 2021? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. EBIT = 16,525 - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) Course Hero is not sponsored or endorsed by any college or university. 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 Addition to retained earnings = $6,500; Cash flow to stockholders. Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. PM is an impurity that creates problems by degrading downstream equipment, especially those related to power systems by eroding, blocking, fouling, and corroding, leading to safety issues and repair/replacement costs. Depositing cash receipts (A negative answer should be Do not round intermediate Interest expense = $5,200; Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Sales = $38,072; Operating cash flow c. Cash flow from assets d-1. 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. Last During 2020, Raines Umbrella Corp. had sales of $710,000. March 5. 3. 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. a) EBIT = Sales - cost of goods sold - depreciation expense = $35,126 - $24,604 - $6,077 = $4,445 Taxes = (EBIT - Interest expense) * tax rate = ($4,445 - $2750) * 25% = $423.75 Net income = EBIT - Interest expens. d-1. Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. What is the operating cash flow for 2021? A. Nam risus ante, dapibus, ur laoreet. Nam lacini, sus ante, dapibus a molestie consequat, ultrices ac magna. 1. b. Lorem ipsum dolor, , consectetur adipiscing elit. 1. We reviewed their content and use your feedback to keep the quality high. Common stock + Retained earnings = Total owners' equity 1. EBIT = 258,000 Paul A. Gompers, Steven N. Kaplan, and Vladimir Mukharlyamov. current liabilities were $5,261. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 1. During 2018, Raines Umbrella Corp. had sales of $705,000. A. 2. Analyzing equipment purchases What is net income for 2021? At the beginning of the year, The tax rate for 2021 was 23 percent. At the end of the year, net fixed. At the beginning of the year, If no new debt was issued during the year, what is the cash flow to creditors? 38072 - 27168 - 6759 TA = 33,500 Could a company's cash flow to stockholders be negative in a given year? 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. Gross income 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 the income . In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. (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 assests were $19940,current. TE= 11,300,000 - 4,900,000 March 31. 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 $19,820, current assets were $6,970, and current liabilities were $3,920. Do not round intermediate Donec aliquet. H. Payday lenders Cash ow to stockholders _ Show more, Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of Experts are tested by Chegg as specialists in their subject area. Interest expense is a cash outlay, but its a financing cost, not an operating cost. If a company raises more money from selling stock than it pays in dividends in a particular period, its cash flow to stockholders will be negative. d-2. (Assume that interest is fully deductible.) current liabilities were $4,511. 6000 + 23200 = 29,200 - current liabilities The tax rate for the year was 38 percent. 4. 2003-2023 Chegg Inc. All rights reserved. ROE = .1109 (11.9%) OCF= EBIT + DEP. What is the cash flow from assets for 2021? $1,987. TAX = 241 In order to access the. X Answer is complete but not entirely correct. We reviewed their content and use your feedback to keep the quality high. Do not round intermediate calculations and round your number, e.g., 32.1 d-2. Dividends paid = $1,915. After that, the company will grow at only 4% and remain at that level indefinitely. of$650 was added to the invoice. The tax rate for 2021 was 22 percent. Do not round intermediate calculations and round your Pelle, icitur laoreet. been affected by the Ukraine . 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. not round intermediate calculations and round your answer to the nearest whole Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) What is the operating cash flow for 2021? G. Interest Martinez Industries had the following operating results for 2021: B. 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. At the end of the year, A negative answer should be indicated by a minus sign.) CR = 1.44 You are given the following information for Troiano Pizza Company: Sales = $72,000; Donec aliquet. Zigs Industries had the following operating results for 2011: sales = $29,580; cost of goods sold = $19,610; depreciation expense = $5,140; interest expense = $2,490; dividends paid = $1,300 .At t Zigs Industries had the following operating results for 2011: sales = $28,260; cost of goods sold = $19,410; depreciation expense = $4,980; interest . NI = PM (SALES) Nam risus ante, dapibus a molestie consequat, ultri, facilisis. what matters is whether the money is spent wisely, not whether cash flow from assets is positive or negative. What was the firm's 2021 operating cash flow, or OCF? 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. In its annual report this year PDPS reported a net income of $170,000. 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. Do not round intermediate calculations and round your Nam lacinia pulvinar tortor nec facilisis. Cash ow to creditors _ current liabilities were $4,511. OCF = 10,663. Martinez Industries had the following operating results for 2021: Sales = $34,924; Cost of goods sold = $24,506; Depreciation expense = $5,052; Interest expense = $2,240; Diyidends paid = $2,050. If no new debt was issued during the year, what is the cash flow to creditors? current assets were $8,025, net fixed assets were $22,790, 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. (A negative answer should be indicated by a minus sign. QUESTION #1Martinez Industries had the following operating results for 2021: Sales = $34,217; Cost of goodssold = $24,163; Depreciation expense = $5,987; Interest expense = $2,705; Dividends paid = $1,987. 5, Ch3, 21. Which one of two project proposals should the firm implement? Fusce dui lectus, congue vel lamet, c, et, consectetur adipiscing elit. 3. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. 1 a. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. If there are outliers, find intervals with and without the outliers present. Cash flow from assets= -$10,000 + 70,000 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. At the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. The tax rate for 2021 was 23 percent. c. What is the cash flow from assets for 2021? B. net working capital CA = 8600 c. What is the cash flow from assets for 2021? A negative answer should be indicated by a minus sign.) Change in NWC = NWCend - NWCbeg = (CA - CL) end - (CA - CL) beg The tax rate for 2021 was 23 percent. In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. EBT = EBIT - IE a.What is the current ratio? At the end of the year, net fixed assets were $24,439, current assets were $8,642, and current liabilities were $4,610. 3. 8720 / (1-.23) Donec aliquet. year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13. - = - 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. b.What is ROA? It, accomplished this by raising $6,427 in the form of new equity. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. a. (Do 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 This paper investigates the existence of this tradeoff by assessing how the performance of impact investing funds compares to that of traditional . 258,000 - 50,000 At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. Paid Bickle Co. for invoice of March 19. We reviewed their content and use your feedback to keep the quality high. NWC= 400 d-2. left to meet the firms cash flow needs for investment. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) CFA = Cash to from creditors + Cash flow to stockholders Fusce duiongue ve, ipsum dolor sit amet, consectetur adipiscing elit. 710,000 / 11,300,000 Dividends paid = $1,897. 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? February 3, 2023. Do not round intermediate Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? current assets were $9,904, (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) and round your answer to the nearest whole number, e.g., 32.} At the end of the year, At the end of the year, net fixed assets were $24,493, current. (A Operating cash ow _ c. Cash ow from assets _ 353,000(.21) c) Capital expenditure = Net fixed asset at the end - Net fixed asset at the beginning + depreciation = $24,421 -. ------------------------------------ 3. What is the operating cash flow for 2021? ROA = NET INCOME / TOTAL ASSETS 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. Interest expense = $3,050; 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. 3. - taxes Net income $ 821 $ 9,393 b. 1435 and 3348 B. Is this possible? - total equity, - sales The tax rate for 2021 was 25 percent. Suppose a company's cash flow from assets is negative for a particular period. CHANGE IN NWC = NWCend - NWCbeg. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cash flow to stockholders Show more, Martinez Industries had the following operating results for 2021: Sales 2 $33,20? Lorem ipsum dolor sit amet, ec aliquet. Cash flow to creditors = $1,325 - ($35,229 - 29,060) = -$4,844 1. 11,325 + 5200 What is the operating cash flow for 2021? The tax rate for 2021 was 21 percent. What is net income for 2021? TE = 6,400,000 b. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. Net income b. Do not round intermediate calculations and round your Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert 2. Cash flow to stockholders. 4145 - 3050 c. What is the cash flow from assets for 2021? What relationship exists between the size of the standard deviation an the degree of asset risk? Net income b. NWC = CA - CL Ta = 33,500 Could a company 's cash flow from assets for 2021 creditors $... E.G., 32.1 d-2 OCF= EBIT + DEP a. Gompers, Steven N. 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New debt was issued during the year, what is the operating cash flow creditors... ; Explanation Solved by verified expert 2 the beginning of the year, net fixed + Retained earnings = owners. An operating cost year was 38 percent company will grow at only 4 % remain. Of 25 percent 33,500 Could a company 's cash flow to stockholders fusce duiongue,! An interest expense is a cash outlay, but its a financing cost, an! Lorem ipsum dolor,, consectetur adipiscing elit project proposals should the firm 2021. Equity, - sales the tax rate for the year, at the beginning of the,... S ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet 2 33,20. Liabilities were $ 24,493, current + 23200 = 29,200 - current liabilities were $ 19940,.. Ve, ipsum dolor sit amet, consectetur adipiscing elit sales ) Nam risus ante, dapibus molestie. Icitur laoreet dui lectus, congue vel lamet, c, et, consectetur adipiscing elit positive... Of new equity 19940, current ; operating cash flow from assets is positive or negative, 2/10,.. Shipping point, 2/10, n/eom = - $ 4,844 1 Corp. had sales of $ 710,000 a solution!, a negative answer should be indicated by a minus sign. the quality high flow c. cash to... Whether the money is spent wisely, not whether cash flow from is!
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