Tater and Pepper Corp. reported free cash flows for 2021 of $51.1 million and investment in operating capital of $34.1 million. Tater and Pepper incurred $14.8 million in depreciation expense and paid $25.3 million in taxes on EBIT in 2021. Calculate Tater and Pepper's 2021 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million

The 2021 income statement for Duffy's Pest Control shows that depreciation expense was $203 million, EBIT was $516 million, and the tax rate was 35 percent. At the beginning of the year, the balance of gross fixed assets was $1,586 million and net operating working capital was $423 million. At the end of the year, gross fixed assets was $1,839 million. Duffy's free cash flow for the year was $429 million. Calculate the end-of-year balance for net operating working capital. (Enter your answer in millions of dollars rounded to 1 decimal place.) Net operating working capital million

An after-tax cash flow analysis produced the data below for the year 2013. Determine the after-tax cash flow for 2013? Before-Tax-and-Loan = $23,000 Loan Principal Payment = $3,203 Loan Interest Payment = $3,878 Depreciation Deduction = $12,490 Taxable Income = $6,633 Taxes Due = $1,658 [enter your answer as a whole number, with no dollar sign or comma] 17,465

During 2021, Cavite Coffee had profit of P8,200,000. Included on its income statement was depreciation expense of P460,000 and amortization expense of P60,000. DUring the year, Accounts Receivable increased by P680,000; Inventories decreased by P380,000; Prepaid Expenses decreased by P40,000; Accounts Payable increased by P1,000,000, and Accrued Liabilities decreased by P90,000. Required: Determine net cash flows from operating activities using the Indirect method.

CQ Photography reported net income of $103,000 for 2022. Included in the income statement were depreciation expense of $6,500, patent amortization expense of $3,800, and a gain on disposal of plant assets of $4,000. CQ's comparative balance sheets show the following balances. Accounts receivable Accounts payable 12/31/22 $19,200 Net Income 8,400 12/31/21 Cash Flows from Operating Activities Calculate net cash provided by operating activities for CQ Photography using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) $27,000 CQ Photography Statement of Cash Flows For the Year Ended December 31, 2022 Adjustments to reconcile net income to 6,500 Net Cash Provided by Operating Activities $ 103000

Hampton Industries had $68,000 in cash at year-end 2020 and $16,000 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 +$100,000. 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 $35,000, receivables and inventories increased by $195,000, and depreciation and amortization totaled $13,000, what was the firm's net income?

For 2020, Electro Tech Inc. has reported earnings before interest and taxes (ebit) of $6.5 million; capital expenditures of $1.2 million; and depreciation of $0.7 million.  Net working capital for 2020 is $1.0 million and for 2019 is $0.7 million.  The tax rate for Electro Tech is 35%. Calculate Electro Tech’s free cash flow

Suppose SAMI company had an additional $4 million depreciation expense in 2023. If SAMI's tax rate on pretax income is 35%, what would be the impact of this expense on SAMF's net income? OA. Decrease by $26 million OB. No change OC. Decrease by $1.4 million OD. Decrease by $4 million CHED

Please show work in Excel.

The 2021 Income statement for Egyptian Nolse Blasters shows that depreciation expense is $80 million, NOPAT is $239 million. At the end of the year, the balance of gross fixed assets was $650 million. The change in net operating working capital during the year was $70 million. Egyptian's free cash flow for the year was $180 million. Calculate the beginning-of-year balance for gross fixed assets. (Enter your answer in millions of dollars.) Gross fixed assets million