What is the ROE for 2021? 2020 2021 Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30%

What is the ROE for 2021? 2020 2021 Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30%

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 25P: LO.2 Oak Corporation has the following general business credit carryovers. If the general business...

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What is the AR period for 2021? 2020 2021       Sales $5,300 $5,900 Depreciation 750 850COGS 2400 2900Interest 180 196Cash 200 500Accts Receivables 200 400Notes Payable 800 550Long-term debt 1500 1950Net fixed assets 3000 3500Accounts Payable 250 400Inventory 700 900Dividend payout 30% 30%Tax rate 35% 30%
What is the cash flow from operating activities? 2020 2021                                            Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30%
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Use the below information to answer the following questions: 20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30% A. Create the Income Statements for 2020 and 2021 (including dividends paid and retained earnings).
Year Net sales Costs of goods Depreciation Taxes paid Cash 2019 2020 10000 11000 5000 6400 1000 500 1000 600 10800 10700 Accounts receivable Inventory 1200 1500 Current liabilities 6500 5000 Net fixed assets 8700 9900 Please calculate the free cash flow in 2020 (keep zero decimal places). 2400 2300
What interest was earned if P500 500 is invested at 10 1/2% from October 20, 2019 to March 20, 2020? A P22 042.85 B P522 396.88 C) P21 896.88 D) P479 520.96
Year Net sales Costs of goods Depreciation Taxes paid Cash Accounts receivable 2019 2020 10000 12100 5000 6700 1000 500 1000 600 10500 10700 1900 1900 Inventory 1300 1400 Current liabilities 7600 5900 Net fixed assets 6800 6900 Please calculate the free cash flow in 2020 (keep zero decimal places).
2021 2020 2019 2018 2017 Current Ratio 0.95 times 1.3 times 1.1 times 1.2 times 1.3 times Days in Accounts Receivable 50 days 45 days 40 days 35 days 30 days Days in Inventory 38 days 28 days 21 days 23 days 25 days Return on Equity 20% 15% 20% 19% 18% Debt to Total Assets 55% 45% 37% 35% 35% Profit $300,000 $250,000 $270,000 $240,000 $220,000 Discuss the trend in Profitability.
The following information was obtained from XYZ Corporation:2023EBIT $200,000Interest $50,000Depreciation $100,000Dividends $55,0002022 2023Long-term debt $600,000 $600,000Capital spending was $150,000 in 2023. The net new equity issuance was $50,000 in 2023. Theapplicable tax rate was 30% in year 2023.Calculate the change in net working capital for 2023. Show your calculation.
Reported Horiron Period S millions 2018 2019 2020 2021 2022 Terminal Period $14.768 $15454 $16591517,589 $18.644 2711 2880 9.462 10.028 10630 11268 11544 Sales S15017 NOPAT 3,053 3236 JA10 NCA 12.183 Answer the following requirements assuming a discount rate (WACC) of 735, a terminal period growth rate of 2% common shares outstanding of 328.1 miion, and net nonoperating obligations (NN0) of 16,204 million (al Estimate the value of a share of ITWS common stock using the discounted cash flow (DCF model as of December 31, 2018 Instructions: • Round all answers to the nearest whole number, except for discount factors, shares outstanding (do not roundi and stock price per share. Round discount factors to 5decimal.places • Round stock price per share to two decimalplaces Do not use negative signs with any of your answers Forecast Horizon 2021 Reported 2020 2022 Terminal Period (S milions) 2018 2019 increase in NOA FCFF INOPAT increase in NOA) Discount factor 1/ Present value of horuon FCFF…
2020 2019 Cash 35,000 32,000 Accounts receivable 33,000 30,000 Inventory 31,000 47,000 Property, plant and equipment 100,000 95,000 Unamortized bond discount 4,500 5,000 Cost of goods sold 250,000 380,000 Selling expenses 141,500 172,000 General and administrative expenses 137,000 151,300 Interest expense 4,300 2,600 Income tax expense 20,400 61,200 756,700 976,100 Allowance for doubtful accounts 1,300 1,100 Accumulated depreciation 16,500 15,000 Trade accounts payable 25,000 17,500 Income taxes payable 21,000 27,100 Deferred income taxes 5,300 4,600 8% callable bonds payable 45,000 20,000 Share capital 50,000 40,000 Share premium 9,100 7,500 Retained earnings 44,700 64,600 Sales 538,800 778,700 756,700 976,100 The entity purchased P5,000 in equipment during 2020. The entity allocated one-third of the…
LO.2 Oak Corporation has the following general business credit carryovers. If the general business credit generated by activities during 2019 equals 36,000 and the total credit allowed during the current year is 60,000 (based on tax liability), what amounts of the current general business credit and carryovers are utilized against the 2019 income tax liability? What is the amount of unused credit carried forward to 2020?