The 2014 balance sheet of Jordan's Golf Shop, Inc., showed long- term debt of $6.3 million, and the 2015 balance sheet showed long-term debt of $6.7 million. The 2015 income statement showed an interest expense of $175,000. What was the firm's cash flow to creditors during 2015?
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- How much long-term debt did the firm have?Ivanhoe 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.)What is the 2017 profit margin on this accounting question?
- The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $5.2 million, and the 2018 balance sheet showed long-term debt of $5.4 million. The 2018 income statement showed an interest expense of $165,000. During 2018, the company had a cash flow to stockholders for the year was $70,000. Suppose you also know that the firm’s net capital spending for 2018 was $1,370,000, and that the firm reduced its net working capital investment by $69,000. What was the firm’s 2018 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)Herbert Company reported the following information for 2013: Repaid long-term debt $75,000 Paid interest on note payable 1,570 Issued common stock 30,000 Paid dividends 18,000 Based on this information, what is the cash flow from financing activities?The 2017 balance sheet of Kerber’s Tennis Shop, Incorporated, showed $2.4 million in long-term debt, $720,000 in the common stock account, and $6.05 million in the additional paid-in surplus account. The 2018 balance sheet showed $4.1 million, $895,000, and $8.3 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $190,000. The company paid out $600,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $860,000, and the firm reduced its net working capital investment by $115,000, what was the firm's 2018 operating cash flow, or OCF?
- The 2017 balance sheet of Kerber's Tennis Shop, Incorporated, showed $3.05 million in long-term debt, $790,000 in the common stock account, and $6.05 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.8 million, $905,000, and $8.45 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $300,000. The company paid out $660,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $790,000, and the firm reduced its net working capital investment by $165,000, what was the firm's 2018 operating cash flow, or OCF? Multiple Choice O O $-2,305,000 $-3,000,000 $2,635,000 $-1,680,000 $-4,250,000Carla Vista Hog Products Corp. provided the following financial information for the quarter ending June 30, 2017: Net income: $ 182,725 Depreciation and amortization: $ 68,641 Increase in receivables: $62,154 Increase in inventory: $ 54,827 Increase in accounts payable: $37,655 Decrease in other current assets: $27,450 What is this firm's cash flow from operating activities during this quarter? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Carla Vista Hog Products Corp.Statement of Cash Flows (Partial) (?) Operating Activities: $ Additions (sources of cash) Subtractions (uses of cash) Net cash operating activities $Cash flow identity. Use the data from the following financial statements in the popup window, . The company paid interest expense of $17,100 for 2017 and had an overall tax rate of 40% for 2017. Verify the cash flow identity: cash flow from assets = cash flow to creditors + cash flow to owners The cash flow from assets is $ 24,380. (Round to the nearest dollar.) The cash flow to creditors is $ 45000. (Round to the nearest dollar.) The cash flow to owners is $ (Round to the nearest dollar.)
- The 2017 balance sheet of Kerber's Tennis Shop , Incorporated, showed $2.4 million long-term debt, $760,000 in the common stock account, and $5.95 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.95 million $985,000, and $8.05 million in the same three accounts , respectively . The 2018 income statement showed an interest expense of $ 310,000 . The company paid out $590,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $690,000 , and the firm reduced its net working capital Investment by $185,000 , what was the firm's 2018 operating cash flow , or OCF ? Typed solutionCrane Hog Products Corp. provided the following financial information for the quarter ending June 30, 2017: Net income: $ 183,375 Depreciation and amortization: $ 61,786 Increase in receivables: $62,154 Increase in inventory: $ 50,650 Increase in accounts payable: $37,655 Decrease in other current assets: $27,450 What is this firm's cash flow from operating activities during this quarter? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Crane Hog Products Corp.Statement of Cash Flows (Partial) Operating Activities: $ Additions (sources of cash) Subtractions (uses of cash) Net cash operating activities $All sales were on account. Net cash provided by operating activities for 2017 was $234,000. Capital expenditures were $136,000, and cash dividends were $61,000.Compute the following ratios for 2017. (a) Earnings per share $ (b) Return on common stockholders’ equity % (c) Return on assets % (d) Current ratio :1 (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times (j) Asset turnover times (k) Debt to assets ratio % (l) Free cash flow
