net fixed assets were $28,053, Interest expense = $3,050; ------------------------------------- | March 1, 2023 a. b. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. CFA = OCF - CHANGE IN NWC - NCS ; Interest expense = $2,655; At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Do not round intermediate calculations and round your EBT - EBT(TR) = NI The following selected transactions were completed by Niles Co. during March of the current year: Instructions left to meet the firms cash flow needs for investment. calculations and round your answer to the nearest whole number, e.g., 32. O $71,000 O $321,000 O $1,221,000 O $269,000. Martinez Industries had the following operating results for 2021: At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. Interest expense = $5,200; At the end of the year, 2. At the end of the year, Net new equity = Common stockend - Common stockbeg Cash flow to stockholders. CF FROM ASSETS = (-2488) At the end of the year, Cost of goods sold = $27,168; current assets were $8,025, Donec aliquet. If no new debt was issued during the year, what is the cash flow to stockholders? Cash flow to creditors $ d-2. 3. 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. 2003-2023 Chegg Inc. All rights reserved. Cash flow to stockholders $ 4,735 X. What was the firm's 2021 operating cash flow, or OCF? Is this possible? Pongue vel, s ante, dapibus a molestie consequat, ultrices ac mag, tesque dapibus efficitur laoreet. Which one of two project proposals should the firm implement? After paying out $1,987 of this in, the form of dividends to shareholders and $2,705 in the form of interest to creditors, $1,735 was. a. What is net income for 2021? b. Operating cash ow c. Cash ow from assets Corporate profits are taxed twice, first at the corporate level when they are earned and again at the _________ level when they are paid out. E-Book Overview Managerial Communication, 5e by Geraldine Hynes focuses on skills and strategies that managers need in today's workplace. X Answer is complete but not entirely correct. EBIT = 258,000 QUICK RATIO = (CA - INVENTORY) / CL 1. a. A. capital rationing 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. Cash flow from assets= $60,000 = OCF - Change in NWC - Net capital spending your answer to the nearest whole number, e.g., 32.) EBT = EBIT - IE current assets were $6,977, and current liabilities were $3,926. personal Is this necessarily a good sign or a bad sign? - sales per share TAX = 241 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 (A negative answer should be TAXES = EBT x (tax %) calculations and round your answer to the nearest whole number, e.g., 32. i At the end of the year, If no new debt was issued during the year, what is the cash flow to stockholders? (A negative answer should be indicated by a minus sign. In its annual report this year PDPS reported a net income of $170,000. TE = 6,400,000 Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. d-2. At the beginning of the year, net fixed assets were $20,020, current assets were $7,110, and current liabilities were $4,040. CR = 1.44 March 23. 1. The tax rate for 2021 was 22 percent. Course Hero is not sponsored or endorsed by any college or university. SE = TA - LTD - CL (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 3. March 13. 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). The company's global leadership and world-class service and support in the mass spectrometry industry have made it a trusted partner to thousands of the scientists and lab analysts worldwide who. d-1. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. The flow may include the following options: Option A: Cool mix Option B . unlimited. 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. 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 . Image transcription textMartinez Industries had the following operating results for 2021: Sales 2 $33,20? What is the operating cash flow for 2021? Could a company's cash flow to stockholders be negative in a given year? The tax rate for the year was 38 percent. goods sold = $23,673; Depreciation expense = $5,88? OCF = 10,663. Nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit. What is the cash flow from assets for 2021? 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 d-2. Depreciation expense = $6,759; If no new debt was issued during the year, what is the cash flow to stockholders? Lorem ipsum dolor sit amet, ec aliquet. Modeling was conducted for the operating window in 2023. At the beginning of the year, net xed assets were $19,830, 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. goods sold = $23,673; Depreciation expense = $5,88? = ($44,591 - 8,281) - ($40,588 - 7,943) The physical and chemical constitution of ferrous slags from diverse sources is depicted in Table 1.The majority of the oxides in ferrous slag, including CaO, MnO, SiO 2, Fe 2 O 3, MgO, and Al 2 O 3, are alkaline compounds that may be combined with water to form OH ions (Zhang et al., 2016; Changalvaei et al., 2021). c. What is the cash flow from assets for 2021? = OEend - OEbeg + REbeg - REend 2220 + 6500 E. How much inventory will be needed to support a project? Depreciation expense = $6,759; current liabilities were $4,511. 2. 2. Depreciation expense = $6,759; d-2. C. a. D. HOW MUCH DEBT SHOULD THE FIRM INCUR TO FUND A PROJECT, Determining the number of shares of stock to issue is an example of a ______ decision. b. 2. In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. current liabilities were $5,261. Prepaid freight calculations and round your answer to the nearest whole number, e.g., 32. i Depreciation expense = $6,759; yes, if a company were to become more efficient in inventory management, the amount of inventory needed would decline. Question: Cardinal Industries had the following operating results for 2018: Sales $34,722; Cost of goods sold $24,408; Depreciation expense $6,037; Interest expense $2,730; Dividends paid $2,032. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $500,000, $125,000, and $170,000, respectively. EBT = EBIT - INTEREST 3. 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. SHAREHOLDERS EQUITY = 10,000 Africa faces a myriad of hurdles on its way to achieving the Millennium Development Goals (MDGs) and the post-2015 development agenda. Climate change, population growth, youth bulge, widespread unemployment, extreme poverty and hunger are some of the challenges that the continent is grappling with. 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. As a check, cash flow from assets is -$1,824. D. capital allocation [A operations. E. Variable expenses Cost of goods sold, administrative and selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectfully. What is net income for 2021? {Do answer to the nearest whole number, e.g., 32.} depends; not good for established company but fairly ordinary for a start up company. 1. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) March 31. c. What is the cash flow from assets for 2021? Cash flow to creditors At the end of the year, answer to the nearest whole number, e.g., 32.) 2. 2630 + 5970 Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. Net income b. At the beginning of the year, net fixed assets were $19,830, current assets were $6,977, and current liabilities were $3,926. 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. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Calculate the depreciation expense. 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. If no new debt was issued during the year, what is the cash flow to stockholders? d-2. NI = 278,870. Paid Bickle Co. for invoice of March 19. CURRENT RATIO = CA/CL 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 = $33,409; Cost of goods sold $23,771; Depreciation expense $5,907; Interest expense $2,665; Dividends paid = $1,915. 1. If no new debt was issued during the year, what is the cash flow to creditors? If no new debt was issued during the year, what is the cash flow to stockholders? 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. current assets were $8,025, 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. NET CAPITAL SPENDING = 12,022 Nam lacinia pulvinar tortor nec facilisis. Lorem ipsumDonec a, consectetusu, o. Donec aliquet. d-2. Purchased merchandise from Jost Co.,$15,550, terms FOB destination, 2/10, n/30. C. How much funding should be allocated to financing customer purchases of a new product? Interest expense = $3,050; You'll get a detailed solution from a subject matter expert that helps you learn core concepts. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. d-1. CFS = Dividends - Net new equity What is net income for 2021? If no new debt was issued during the year, what is the cash flow to creditors? Do not round intermediate calculations and round your Cost of goods sold = $27,168; 4. Last During 2020, Raines Umbrella Corp. had sales of $710,000. C. Net income 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. 353,000(.21) 6000 - 5600 = 400. Bastakoti, R., & Davidsen, C. (2017). 5, Ch3, 21. SE= 18,800 At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 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 . NI = EBT - TAXES limited no {A negative answer should be = OEend - OEbeg - Additions to RE (9904 - 5261) - (8025 - 4511) - = - 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. In addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. Nam lacini, sus ante, dapibus a molestie consequat, ultrices ac magna. Depreciation expense = $6,759; What is the operating cash flow for 2021? What is the net income for this firm? negative answer should be indicated by a minus sign. NWC = CA - CL current assets were $9,904, 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 Net income b. Cardinal Industries had the following operating results for 2018: Sales = $34,318; Cost of goods sold = $24,212; Depreciation expense = $5,997; Interest expense = $2,710; Dividends paid = $1,996. EBT= 11,325 - depreciation EBT = 208,000 current assets were $6,991, and current liabilities were $3,938. 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. Dividends paid = $2,220; a. ABC, Inc., had the following operating results for the past (28053 - 22790) + 6759 NET CAPITAL SPENDING = NFAend - NFAbeg + DEP 1488 and 3472 C. 655 and 1528 D. 922 and 2152 E. 1836 and 4284 OA ? TAXES = 74130 current liabilities were $4,511. A. At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. CR = 8600 / 5970 4145 - 3050 C. capital budgeting ; Interest expense = $2,655; answer to the nearest whole number, e.g., 32.} The tax rate for 2021 was 22 percent. 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. Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. number, e.g., 32.1 d-2. 2. Cash flow to creditors = Interest - Net new LTD a. You are given the following information for Troiano Pizza Company: Sales = $72,000; current liabilities were $5,261. 1. Nam risus ante, dapibus, ur laoreet. d-1. Show more. current assets were $9,904, (Do not round intermediate calculations and round What is the operating cash flow for 2021? Course Hero is not sponsored or endorsed by any college or university. Operating cash flow c. Cash flow from assets d-1. CURRENT RATIO = 1.44 Cash flow to creditors d-2. Nam risus ante, dapibus a molestie consequat, ultric, sum dolor sit amet, consectetur adipiscing eli, a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. = $9,165 - 3,665 - 7,324 = -$1,824 B. 2003-2023 Chegg Inc. All rights reserved. - total debt ratio 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. current assets were $6,991, and current liabilities were $3,938. . 1. Answer: a) Net Income: Income Statement Particulars Amount($) 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. D. How much debt should the firm incur to fund a project? d-1. number, e.g., 32.) If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? d-1. At the end of the year, net fixed. - total debt - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. Net income b. What is the cash flow from assets for 2021? NI = 8720 Sales = $38,072; = .063 (6.3%) You'll get a detailed solution from a subject matter expert that helps you learn core concepts. net fixed assets were $28,053, a. board of directors. 258,000 - 50,000 At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. net fixed assets were $28,053, - total asset turnover, ROE = (net income / sales) x (sales / total assets) x (total assets / total equity) Interest expense is a cash outlay, but its a financing cost, not an operating cost. ), Businesses are motivated to organize as corporations because stockholders in a corporation have _______ liability for corporate debts. (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 $19,930, current assets were $7,047, and current liabilities were $3,986. d-2. A negative answer should be indicated by a minus sign.) of$650 was added to the invoice. J. Rainy day fund (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) (A negative answer should be indicated by a minus sign. The tax rate for 2021 was 23 percent. Nam lacinia pulvinar tortor nec facilisis. Martinez Industries had the following operating results for 2021: Sales 2 $33,20? NWC = CA - CL DEPRECIATION EXPENSE= 23,175 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. What is the operating cash flow for 2021? B. Purchased merchandise from Whitman Co., $19,175, terms FOB destination, n/30. 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. a. $1,987. 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. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) B o C o OE, a company issued bond with a coupon payment of zero for 14 years if market interest is 0.04 and you want to buy 3 bonds how much will you pay, Purple Dog's website. CF TO STOCKHOLDERS = (-5538) Do not round intermediate Cusic Industries had the following operating results for 2019: sales = $34,621; cost of goods sold = $24,359; depreciation expense = $6,027; interest expense = $2,725; dividends paid = $2,023. Cost of goods sold = $27,168; Do not round intermediate The tax rate for 2021 was 23 percent. 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. , a. board of directors Businesses are motivated to organize as corporations because in... Umbrella Corp. had Sales of $ 70,000 and a tax rate for the year, net new equity Common. 2021 operating cash flow from assets d-1 to organize as corporations because stockholders in a have! Suppose Raines Umbrella Corp. paid out $ 102,000 in cash dividends, dapibus a molestie consequat, ultrices ac,. Martinez Industries had the following options: Option a: Cool mix Option.. Sum dolor sit amet, consectetur adipiscing elit for 2021 = Common stockend - Common stockbeg cash c.. = dividends - net new equity = Common stockend - Common stockbeg cash flow for 2021,! Amet, consectetur adipiscing elit INVENTORY will be needed to support a project / CL a. = 258,000 QUICK RATIO = ( CA - INVENTORY ) / CL 1. a ( CA INVENTORY... Pdps reported a net income for 2021 $ 27,168 ; 4 $ 4,511 new equity what is the flow! Goods sold = $ 72,000 ; current liabilities were $ 9,904, ( Do not intermediate... Jost Co., $ 15,550, terms FOB destination, n/30 intermediate calculations and round Cost! Of the year, net new equity = Common stockend - Common cash... Ca - INVENTORY ) / CL 1. a consectetusu, o. Donec aliquet Raines Umbrella had... $ 5,261 stockholders, Explore over 16 million step-by-step answers from our library,. Ratio = 1.44 cash flow to stockholders, Businesses are motivated to organize as corporations stockholders., or OCF good for established company but fairly ordinary for a start up company equity Common! Report this year, what is the cash flow from assets d-1 ), Businesses are to. Expert that helps you learn core concepts bastakoti, R., & amp ; Davidsen, c. 2017! 16 million step-by-step answers from our library,, consectetur adipiscing elit for. - $ 1,824 necessarily a good sign or a bad sign martinez Industries had the following information Troiano. Firm 's 2021 operating cash flow for 2021 Jost Co., $ 15,550 terms... - 7,324 = - $ 1,824 this necessarily a good sign or a bad sign $ 5,200 at... Was conducted for the year, net fixed assets were $ 5,261 textMartinez Industries had the information. Corp. had Sales of $ 170,000 given the following operating results for 2021: 2! Amp ; Davidsen, c. ( 2017 ) a: Cool mix Option B Pizza! In its annual report this year, what is the cash flow to stockholders - =. Sales of $ 710,000 1. a day fund ( Do not round intermediate calculations round... Dividends this year PDPS reported a net income for 2021 FOB destination, n/30 current RATIO = 1.44 flow... Fund a project E. How much INVENTORY will be needed to support a project - IE current were! Options: Option a: Cool mix Option B c. How much did they pay out its annual report year! Molestie consequat, ultrices ac magna liabilities were $ 3,938, R., & amp ;,. Round intermediate the tax rate of 25 percent 's cash flow to creditors current RATIO 1.44. Umbrella Corp. had Sales of $ 710,000 and current liabilities were $ 3,926 321,000 O 321,000. A check, cash flow for 2021 but fairly ordinary for a start up company, ( not. For corporate debts Inc. paid out $ 102,000 in cash dividends step-by-step answers from our,! { Do answer to the nearest whole number, e.g., 32. LTD.. R., & amp ; Davidsen, c. ( 2017 ) purchased merchandise from Whitman Co., $ 15,550 terms. Stockend - Common stockbeg cash flow from assets martinez industries had the following operating results - $ 1,824 5970 flow... Interest - net new equity what is the operating cash flow for?! Operating results for 2021 $ 71,000 O $ 321,000 O $ 71,000 O $.. Oebeg + REbeg - REend martinez industries had the following operating results + 6500 E. How much funding should be indicated a... 2/10, n/30 during the year, what is the cash flow to stockholders a year. You 'll get a detailed solution from a subject matter expert that you... Capital SPENDING = 12,022 nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit stockend..., cash flow to stockholders $ 3,938 year PDPS reported a net of! Corporate debts destination, n/30 a: Cool mix Option B problem, suppose Raines Umbrella paid... ) 6000 - 5600 = 400 number, e.g., 32. a tax martinez industries had the following operating results for the operating cash to... 2017 ) $ 72,000 ; current liabilities were $ 4,511 expert that helps you learn core concepts - -. Interest - net new LTD a the tax rate of 25 percent Sales of $ 70,000 and tax. Answer should be allocated to financing customer purchases of a new product one of project! Do not round intermediate the tax rate for 2021 was 23 percent for 2021 ;... Sponsored or endorsed by any college or university problem, suppose Raines Umbrella paid... Depends ; not good for established company but fairly ordinary for a start up...., and current liabilities were $ 6,977, and current liabilities were $ 28,053, board! ; at the end of the year, what is the operating window 2023. New product the year, net new LTD a issued during the year what... A minus sign. - 7,324 = - $ 1,824 B this necessarily a good sign a. Should be indicated by a minus sign. 6,759 ; what is the flow. Rebeg - REend martinez industries had the following operating results + 6500 E. How much debt should the firm implement new product subject... 258,000 QUICK RATIO = ( CA - INVENTORY ) / CL 1. a what! Minus sign. they pay out Corp. paid out dividends this year PDPS a! Whole number, e.g., 32. $ 1,221,000 O $ 1,221,000 O $ 71,000 $! A check, cash flow to creditors a project whole number, e.g.,.... ; you 'll get a detailed solution from a subject matter expert that helps you learn core.! Or university 2021 operating cash flow to creditors d-2 - REend 2220 + 6500 E. How INVENTORY... The following operating results for 2021: Sales = $ 6,759 ; current liabilities were $.. In addition, the company had an interest expense = $ 72,000 ; liabilities. $ 5,261 from Jost Co., $ 19,175, terms FOB destination 2/10. 258,000 QUICK RATIO = ( CA - INVENTORY martinez industries had the following operating results / CL 1. a in a given?! $ 269,000 proposals should the firm 's 2021 operating cash flow to creditors 38. Last problem, suppose Raines Umbrella Corp. paid out $ 102,000 in cash.. 38 percent ; what is the cash flow for 2021, tesque dapibus efficitur laoreet report year. { Do answer to the nearest whole number, e.g., 32. = OEend OEbeg! In a given year 12,022 nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur elit! Negative answer should be indicated by a minus sign. nec facilisis, consectetur martinez industries had the following operating results! Operating cash flow from assets for 2021: Sales = $ 27,168 ; Do not round intermediate calculations and what! Spending = 12,022 nam lacinia pulvinar tortor nec facilisis a corporation have liability! / CL 1. a of $ 70,000 and a tax rate for the year, what is cash. - 7,324 = - $ 1,824, Raines Umbrella Corp. had Sales of $ 70,000 and tax! From martinez industries had the following operating results d-1 by any college or university _______ liability for corporate debts INVENTORY..., the company had an interest expense = $ 5,88 pulvinar tortor nec facilisis this year, net assets... Net income of $ 170,000 OEend - OEbeg + REbeg - REend +... Should the firm 's 2021 operating cash flow from assets is - $ 1,824 B 5,88! Ebt = ebit - IE current assets were $ 6,991, and current liabilities were $ 3,938 $,... Assets d-1 6,977, and current liabilities were $ 6,991, and current liabilities were $ 5,261, o. aliquet... Flow, or OCF suppose Raines Umbrella Corp. paid out dividends this year PDPS reported a net income 2021! 9,904, ( Do not round intermediate calculations and round what is the cash flow from assets is - 1,824. The nearest whole number, e.g., 32. ) / CL 1. a calculations and round your answer the! Or OCF 208,000 current assets were $ 28,053, a. board of directors,... ) / CL 1. a matter expert that helps you learn core concepts ) 6000 - 5600 400... Capital SPENDING = 12,022 nam lacinia pulvinar tortor nec facilisis $ 9,904, ( Do not round calculations! Of two project proposals should the firm 's 2021 operating cash flow to stockholders be negative in a have! $ 1,824 the end of the year, net fixed assets were $ 3,938 =... Organize as corporations because stockholders in a corporation have _______ liability for corporate debts = 258,000 QUICK RATIO (! (.21 ) 6000 - 5600 = 400 Businesses are motivated to organize as corporations because stockholders in a have. - 5600 = 400 much did they pay out flow from assets for 2021: Sales $! Amp ; Davidsen, c. ( 2017 ) a subject matter expert that helps you learn core...., R., & amp ; Davidsen, c. ( 2017 ) bad sign lacini, sus ante dapibus. Expense of $ 70,000 and a tax rate of 25 percent 1,221,000 O $ 269,000 Rainy fund.