
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
expand_more
expand_more
format_list_bulleted
Question
During 2022, Marigold Corp. reported cash provided by operations of $619000, cash used in investing of $535000, and cash used in financing of $148000. In addition, cash spent on fixed assets during the period was $215000. Average current liabilities were $507000 and average total liabilities were $1338000. No dividends were paid. Based on this information, what was Marigold
$84000.
($112000).
$404000.
($471000).
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Similar questions
- Oriole Corporation had the following activities in 2020. 1. 2. 3. Sale of land $163,000 Purchase of inventory $878,000 Purchase of treasury stock $69,000 Net cash used Purchase of equipment $433,000 5. Issuance of common stock $340,000 6. Purchase of available-for-sale debt securities $60,000 Compute the amount Oriole should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) by investing activities 4. $ LAarrow_forwardIvanhoe Corporation reported EBITDA of $7,300,325 and net income of $3,328,700 for the fiscal year ended December 31, 2017. During the same period, the company had $1,155,372 in interest expense, $1,023,294 in depreciation and amortization expense, and an average corporate tax rate of 35 percent. What was the cash flow to investors from operating activity during 2017? (Round answer to 0 decimal places, eg. 5,275.)arrow_forward11. In 2020, Windsor Corporation reported a net loss of $69,800. Windsor’s only net income adjustments were depreciation expense $81,700, and increase in accounts receivable $8,900.Compute Windsor’s net cash provided (used) by operating activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by operating activities $arrow_forward
- During 2022, Sunland Company reported cash provided by operations of $762000, cash used in investing of $659000, and cash used in financing of $182000. In addition, cash spent on fixed assets during the period was $265000. Average current liabilities were $624000 and average total liabilities were $1647000. No dividends were paid. Based on this information, what was Sunland free cash flow? a. $497000. b. ($580000). c. $103000. d. ($138000).arrow_forwardAssets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders Equity Current liabilities: Accounts payable Interest payable PLASMA SCREENS CORPORATION Balance Sheets December 31, 2024 and 2023 Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retaibed earnings Total liabilities and stockholders' equity Additional information for 2024 1. Net Income is $71000 68 2024 $113,500 78,800 97,000 4,400 490,000 798,000 (430,000) $1,151,700 $101,000 6,300 8,400 105,000 710,000 221,000 $1,151,700 Next > 2023 $125,600 93,000 81,800 2,200 490,000 680,000 (272,000) $1,200,600 $86,800 12,600 5,200 210,000 710,000 176,000 $1,200,600arrow_forwardSuppose Gulf Shipping Company had the following results related to cash flows for 2019: Net Income of $5,300,000 Adjustments from Operating Activities of -$500,000 Net Cash Flow from Investing Activities of -$700,000 Net Cash Flow from Financing Activities of $3,200,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow? Note: Financial results are provided in dollars but the income statement units are thousands of dollars. Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).arrow_forward
- Please give answer the questionarrow_forward30.For 2020, the FNL Corporation reported $ 21,500 of Income on an Equity Method Investment. During the same year, FNL received $ 1,500 of dividends from this investment. Assuming that the company uses the indirect method to prepare the Statement of Cash Flows, what is the net effect of this investment when adjusting the Net Income to compute the Cash Provided by the Operating Activities? Select one: a It will increase by $ 1,500. b. It will decrease by $ 20,000. c. It will increase by $ 20,000. d. $ 0. It has no effect.arrow_forwardSuppose that during 2022, Cypress Semiconductor Corporation reported net cash provided by operating activities of $84,373,000, cash used in investing of $46,884,000, and cash used in financing of $7,812,000. In addition, cash spent for plant assets during the period was $28,094,000. No dividends were paid. Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g.(45).) Free cash flow $arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Essentials Of InvestmentsFinanceISBN:9781260013924Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.Publisher:Mcgraw-hill Education,
- Foundations Of FinanceFinanceISBN:9780134897264Author:KEOWN, Arthur J., Martin, John D., PETTY, J. WilliamPublisher:Pearson,Fundamentals of Financial Management (MindTap Cou...FinanceISBN:9781337395250Author:Eugene F. Brigham, Joel F. HoustonPublisher:Cengage LearningCorporate Finance (The Mcgraw-hill/Irwin Series i...FinanceISBN:9780077861759Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan ProfessorPublisher:McGraw-Hill Education

Essentials Of Investments
Finance
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Mcgraw-hill Education,



Foundations Of Finance
Finance
ISBN:9780134897264
Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:Pearson,

Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i...
Finance
ISBN:9780077861759
Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:McGraw-Hill Education