1. Marshmallow Inc. bought $ 7,1million in raw material paying 50%cash and the remaining due in 30days. Which alternative bestdescribes this transaction's impacton the balance sheet?An increase of $ 7,1 million ininventories, a decrease of 3,55million in cash, and a 3,55million increase in accountspayableAn increase of $ 7,1 million ininventories, a decrease of 3,55million in cash, and a 3,55million decrease in accountspayable○ An increase of $ 3,5 million ininventories and a decrease of3,55 million in cash1 point

The correct alternative that best describes this transaction's impact on the balance sheet is:An…

Answered: 1. Marshmallow Inc. bought $ 7,1…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

Find the operating cash flow for the year for Marathon and Sons if it had sales revenue o\f $80,200,000, cost of goods sold of $35,700,000, sales and administrative costs of $6,800,000, depreciation expense of $4,000,000, and a tax rate of 30%.
when answering the question please type out all of your work
Question :) Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $790 million and sales of $23,900 million in 2022. Its total assets were $14,500 million at the beginning of the year and $15,650 million at the end of the year. What is Staples, Inc.'s (a) asset turnover and (b) profit margin? (Round answers to 2 decimal places, e.g. 1.25.) (a) Asset turnorer enter-asset-turnever in timesTounded to 2 decimal places (b) Profit margin Enter profit margin in percentages rounded to 1 decimal place % times
Green Glory Corp., a garden supply wholesaler, reported cost of goods sold for the year of $80 million. Total assets increased by $55 million, including an increase of $5 million in inventory. Total liabilities increased by $45 million, including an increase of $2 million in accounts payable. Th e cash paid by the company to its suppliers is most likely closest to C . $83 million.
Consider a company with sales of $18,000.0 million, cost of goods sold of 42% of sales, other expenses including salaries (we usually call this SG&A for selling, general and administrative) of $1,750.0 million, depreciation of $2,250.0 million, and interest expense of $2,300 million. Tax rate=21%. Generate an income statement and show net income. What is the company’s operating cash flow? If there are 775.2 million shares outstanding, what is the EPS? If the company has a payout ratio of 20%, what is the dividends per share?
1. Ashwell Corp has $1,700,000 of sales, $250,000 of inventories, $175,000 of receivables, and $125,000 of payables. Its cost of goods sold is 70% of sales. What is Ashwell’s cash conversion cycle? 2. If current assets are $133,000 and current liabilities are $107,500, what is working capital?
= Manaia Manufacturing had the following operating results for 2022: sales $30,674; cost of goods sold $21,920; depreciation expense $3,582; interest expense $594; dividends paid $889. At the beginning of the year, net fixed assets were $20,336, current assets were $2,149, and current liabilities were $4,886. At the end of the year, net fixed assets were $23,227, current assets were $4,557, and current liabilities were $3,237. The tax rate for 2022 was 21 percent. a. What is net income for 2022? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. What is the operating cash flow for 2022? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c. What is the cash flow from assets for 2022? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. d. If no new debt was issued…
provide correct answer for A,B and C
Consider a company with earnings before interest and taxes (EBIT) of $450,000, tax rate of 16%, depreciation and amortization expenses of $60,000, capital expenditures of $80,000, acquisition expenses of $30,000 and change in working capital of $40,000. How much is its free cash flow during that period? Round to the nearest cent.
Penketh Ltd has operating profit for the year ended 30 June 2021 of £20,900, after charging depreciation of £2,500, exceptional expenses of £5,000 and making a profit on the disposal of a machine of £2,000. The balance sheet shows the following changes over the year: Trade receivables: increase by £2,500 Inventories: increase by £2,700Trade payables: decrease by £3,000 What is the net cash from operating activities? a) £25,900 b) £13,200 c) £28,400 d) £18,700
Antonio Company's net income and net sales are $50,000 and $800,000, respectively, and average total assets are $400,000. What is Antonio's return on assets?
Office Depot, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $738.7 million and sales of $50,000 million in 2020 Its total assets were $13,073.1 million at the beginning of the year and $13,717.3 million at the end of the year. What is Office Depot, Inc.’s (a) asset turnover and (b) profit margin? (Round to two decimals.) Provide a brief interpretation of your results.

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

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

SEE MORE TEXTBOOKS