Evil Pop Co. began the year with net fixed assets of $17,303 and had $18,554 in the account at the end of the year. During the year, the company paid $4,222 in interest and expensed $3,715 in depreciation. The company purchased $8,390 in fixed assets during the year. How many fixed assets did the company sell during the year?

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ABC industries had the following operating results for last year: sales = $28,900; cost of goods sold = $24,600; depreciation expense = $1,700; interest expense = $1,400; dividends paid = $1,000. At the beginning of the year, net fixed assets were $14,300, current assets were $8,700, and current liabilities were $6,600. At the end of the year, net fixed assets were $23,900, current assets were $9,200, and current liabilities were $7,400. The tax rate for last year was 34 percent. Assume there is no short term investments and notes payable. What was the free cash flow for last year? $7584 $2610 O- $7584 - $2610

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Henryk Inc. just reported an Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) of $55,000, and they incurred $11,500 of Depreciation and Amortization expense. The company had an interest expense of $3,100 and its tax rate was 21%. How much Net Income did the company earn during the year?

Disturbed, Inc., had the following operating results for the past year: sales = $22,616; depreciation = $1,480; interest expense = $1,192; costs = $16,575. The tax rate for the year was 38 percent. What was the company's operating cash flow? $2,089 $3,369 $4,761 $7,321 $3,213

In its first year of operations, Martha Enterprises Corp. reported the following information: a. Income before income taxes was $640,000. b. The company acquired capital assets costing $2,400,000; depreciation was $160,000, and CCA was $120,000. c. The company recorded an expense of $155,000 for the one-year warranty on the company's products; cash disbursements amounted to $79,000. d. The company incurred development costs of $77,000 that met the criteria for capitalization for accounting purposes. Development work was still ongoing at year-end. These costs could be immediately deducted for tax purposes. e. The company made a political contribution of $30,000 and expensed this for accounting purposes. f. The income tax rate was 28% and the year 2 tax rate was enacted, at 30%. In the second year, the company reported the following: a. Earnings before income tax were $1,700,000. b. Depreciation was $160,000; CCA was $360,000. c. The estimated warranty costs were $250,000, while the cash…

Sectors, Inc., has an EBIT of $7,221,643 and interest expense of $611,800. Its depreciation for the year is $1,434,500. What is its cash coverage ratio?

Aneko Company reports the following: net sales of $18,000 for Year 2 and $17,100 for Year 1; end-of-year total assets of $18,200 for Year 2 and $16,800 for Year 1. Compute its total asset turnover for Year 2. Aneko’s competitor has a turnover of 2.0. Is Aneko performing better or worse than its competitor based on total asset turnover?

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?