Carlton West Oil Company, LLC had sales revenue of $500,000, operating expenses of $400,000, no interest expense, income taxes of $10,000, and $700,000 average operating assets in its latest operating year.  The owner estimates the company’s weighted average cost of capital at 12%.  a. What was the company’s asset utilization? b. What was the company’s return on assets? c. Did management create or destroy wealth (owners’ equity)?

Creative Sound Systems sold investments, land, and its own common stock for $36.0 million, $15.6 million, and $41.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.6 million, $25.6 million, and $12.6 million, respectively. What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from investing activities Net cash flows from investing activities 0.0

Use the following company information to calculate net cash provided or used by investing activities. (a) Long-term investments were sold for $51,000 cash, yielding a gain of $22,150. (b) Paid $72,000 cash for new machinery. (c) Sold land costing $34,000 for $40,000 cash, yielding a $6,000 gain. (d) Equipment with a book value of $195,000 and an original cost of $320,000 was sold at a loss of $27,000. Statement of Cash Flows (partial) Cash flows from investing activities

TJ Industries has revenue of $400,000 and expenses of $250,000. The depreciation cost is $80,000 and marginal tax rate is 35%. Calculate cash flow from operation. Group of answer choices a.$150,000 b.$45,500 c.$125, 500 d.$135,000

Hampton Industries had $44,000 in cash at year-end 2020 and $27,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $170,000 - the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$150,000. Round your answers to the nearest dollar, if necessary. a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. b. If accruals increased by $50,000, receivables and inventories increased by $125,000, and depreciation and amortization totaled $73,000, what was the firm's net income?

Connor Designs Company has net cash flows from operating activities of $425,000 and net cash flows used for investing activities of $65,000, of which 70% was used to purchase property, plant, and equipment. What is the free cash flow for Connor Designs? Free cash flow s

The following information is available for Felix Company: Net income $300 Decrease in plant and equip. $40 Depreciation expense $20 Increase in deferred tax asset $5 Gain on sale of assets $35 Decrease in long-term debt $50 Increase in inventories Decrease in accounts payable $15 $25 What is cash flow from operating activities for Felix Company? Select one O A. $240 O B. $70 O C. $320 O D. $250

Lovato Motors Inc. has cash flows from operating activities of $720,000. Cash flows used for investments in property, plant, and equipment totaled $440,000, of which 85% of this investment was used to replace existing capacity.Determine the free cash flow for Lovato Motors Inc.

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The Rogers Corporation has a gross profit of $704,000 and $343,000 in depreciation expense. The Evans Corporation also has $704,000 in gross profit, with $47,300 in depreciation expense. Selling and administrative expense is $191,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies Cash Flow Rogers= Cash Flow Evans= b. Calculate the difference in cash flow between the two firms