Provide Required answer Bedrock Gravel Corp. shows the following information on its 2007 income statement: sales$162,000; costs = $93,000; other expenses = $5,100: depreciation expense = $8,400;interest expense = $16,500; taxes = $14,820; dividends $9,400. In addition, you're toldthat the firm issued $7,350 in new equity during 2007 and redeemed $6,400 in outstandinglong-term debt.a. What is the 2007 operating cash flow?b. What is the 2007 cash flow to creditors?c. What is the 2007 cash flow to stockholders?d. If net fixed assets increased by $12,000 during the year, what was the addition toNWC?

Certainly! Let's break down each part of the question and the corresponding calculations:a.…

Answered: Bedrock Gravel Corp. shows the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Weiland Co. shows the following information on its 2014 income statement: sales $167,000; costs = $88,600; other expenses $4,900; depreciation expense = $11,600; interest expense = $8,700; taxes $18,620; dividends $9,700. In addition, you're told that the firm issued $2,900 in new equity during 2014, and redeemed $4,000 in outstanding long-term debt. (Enter your answer as directed, but do not round intermediate calculations.) Required: a) What is the operating cash flow during 2014? Operating cash flow b) What is the cash flow to creditors during 2014? Cash flow to creditors c) What is the cash flow to stockholders during 2014? Cash flow to stockholders d) Assuming net fixed assets increased by $23,140 during the year, what was the addition to NWC? Addition to net working capital не
Need Answer
Square Hammer Corporation shows the following information on its 2018 income statement: Sales = $196,000; Costs = $84,000; Other expenses = $5,100; Depreciation expense = $9,000; Interest expense = $13,300; Taxes = $29,610; Dividends = $10,300. In addition, you're told that the firm issued $7,100 in new equity during 2018 and redeemed $8,700 in outstanding long-term debt. a. What is the 2018 operating cash flow? Operating cash flow b. What is the 2018 cash flow to creditors? Cash flow to creditors
Terry's Markets has sales of $684,000, costs of $437,000, interest paid of $13,800, total assets of $712,000, and depreciation of $109,400. The tax rate is 21 percent and the equity multiplier is 1.6. Please use the Dupont Identity to compute the return on equity.
Home Depot entered fiscal 2017 with a total capitalization of $21,904 million. In 2017, debt investors received interest income of $877 million. Net income to shareholders was $8,654 million. (Assume a tax rate of 21%.) Calculate the economic value added assuming its cost of capital is 10%. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)
Ak Kramer Inc.s income statement shows sales of $1,000, cost of goods sold of $400,pre-interest operating expense of $300, and interest expense of $100. What is Kramer's interest coverage ratio ? Your answer An analyst gathered the following information from a company's 2010 financial statements (in $ millions): In 2010, the company declared and paid cash dividends of $10 million and recorded depreciation expense in the amount of $25 million. The company considers dividends paid a financing activity. What was the company's 2010 cash flow from operations (in $ millions) ? Captionless Image Your answer During 2009, URBAN Company sold 10 acres of prime commercial zoned land to a builder for $5,000,000. The builder gave URBAN a $1,000,000 down payment and will pay the remaining balance of $4,000,000 to URBAN in 2010. URBAN purchased the land in 2002 for $2,000,000. Using the installment method, how much profit will URBAN report for 2009? Aa
he Alabaster Corp. reported Net sales of 6.7 million,operating costs of 4.3 million, and depreciation of $480,000 in2009. Their interest charges were $325,000. They had cash, accountsreceivable and inventories of $1.8 million, $5.6 million and $4.2million, respectively, at the end of 2009. At the end of 2008,those three accounts were $1.9 million, $4.5 million, and $3.4million respectively. Accounts payable and accruals were $3.0million and $1.4 million, respectively, at the end of 2009, whileat the end of 2008 they were $2.9 million and $1.3 million,respectively. Net plant and equipment was $12.8 million at the endof 2009 and $12.2 million at the end of 2008. Calculate Alabaster’sNet Income, Free Cash Flow and Return on Invested Capital for 2009.Assume a flat tax rate of 40%. How is the Free Cash Flowinterpreted? In other words, what does it measure?
Nightwish Corporation shows the following information on its 2021 income statement: Sales $336,000; Costs = $20,600; Interest expense = $14,200; Taxes = $21,275; Dividends = $21,450. In addition, you're told that the firm issued $7,100 in new equity during 2021 and redeemed $5,400 in outstanding long-term debt. $194,700; Other expenses = $9,800; Depreciation expense = %3D a. What is the 2021 operating cash flow? (Do not round intermediate calculations.) b. What is the 2021 cash flow to creditors? (Do not round intermediate calculations.) c. What is the 2021 cash flow to stockholders? (Do not round intermediate calculations.) d. If net fixed assets increased by $53,200 during the year, what was the addition to NWC? (Do not round intermediate calculations.) a. Operating cash flow b. Cash flow to creditors c. Cash flow to stockholders d. Addition to NWC
ACME Corp’s balance sheet reported that it had $650,000 in liabilities and $275,000 in equity. On the income statement the company had revenues of $867,030 and expenses (excluding depreciation) of $356,240. Depreciation was $103,456 and interest expense of $52,423. Assuming a 40% tax rate, what was the company's return on assets?
Tibbs Inc. had the following data for the year ending 12/31/12: Net income = $400; Net operating profit after taxes (NOPAT) = $450; Total assets = $2,600; Short-term investments = $200; Stockholders' equity = $1,600; Total debt = $1,000; and Total operating capital = $2,200. What was its return on invested capital (ROIC)? Group of answer choices 14.32% 22.50% 16.36% 20.45% 18.41%
Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit after taxes (NOPAT) = $380; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)? Select the correct answer. a. 16.92% b. 16.52% c. 17.12% d. 16.72% e. 16.32%
Baby Camels Inc. had the following data for the year ending 12/31/12: Net income = $1,500; EBIT $3,225; Tax Rate = 45%; Total assets = $4,900; Short-term investments = $600; = Stockholders' equity = $2,000; Total debt = $1,900; and Total operating capital = $4,475. What was its return on invested capital (ROIC)? O 30.61% 33.52% 39.64% 65.82% ○ 72.07%

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS