10. Use the following information for Chartwell Inc. assume the tax rate is 34%.20112012Sales$ 7,233$.$ 8,0851,0852,942Depreciation1,038COGS2,487Other expenses591515Interest485579Cash3,9724,0415,892Accounts receivable5,021Short-term notes payableLong-term debtNet fixed assets73271712,70015,43531,80533,291Accounts payable3,9844,025InventoryDividends8,9279,5558821,011For 2012, calculate the cash flow from assets, cash flow to creditors and cash flow to shareholders.Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.

Cash flow from assets- All recorded cash flow of the company that relate to assets. Cash flow from…

Answered: 10. Use the following information for…

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

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In 2017, revenue from corporate income taxes totaled approximately 9% 2% 25% 5% 17% of total revenue.
24. Following are a company's income statement at the end of the last year (year 0) and coming year (year 1). Each year, the company's accounts receivable need to be main- tained at 5% of sales. The company's inventory and accounts payable do not change. Capital expenditure in year 1 is $10,000. Year Sales Depreciation EBIT Taxes (a) What is the free cash flow in year 17 1 85,000 92,000 20,000 22,000 17,000 19,500 3,500 3,700 0 (b) The company's business is mature, so it is expected to generate the same amount of free cash flow every year forever. The firm-specific discount rate is 7%, and the risk-free rate is 2%. What is the enterprise value of the company? (c) The company has $150,000 in cash and $50,000 in debt. In addition, it has 7000 shares outstanding. What is the company's stock price per share?
Bhupatbhai
The following information is available for Tamarisk Corp. for the year ended December 31, 2022. Other revenues and gains $23,800 Other expenses and losses 4,000 Cost of goods sold 292,000 Sales discounts 4,600 Sales revenue 760,000 Operating expenses 221,000 Sales returns and allowances 10,800 Prepare a multiple-step income statement for Tamarisk Corp. The company has a tax rate of 25%.
Elgin Battery Manufacturers had sales of $840,000 in 2021 and their cost of goods sold is 562,800 Selling and administrative expenses were 75,600 Depreciation expense was $19,000 and interest expense for the year was $12,000. The firm's tax rate is 35 percent. What is the dollar amount of taxes paid in 2021? Multiple Choice $172.974 $59.710 $198,400 $63,910
Part B: Financial Planning - Pro Forma Statements 1. Using the financial statements for 2009 as your 'base', assume that Luxio's sales are 20% higher for 2010. Use this projection to prepare the pro forma statements following the requirements listed below. Assume the change in sales is permanent. 2. For the Income Statement: • Cost of Goods Sold rate is expected to remain constant; o 'Depreciation' and 'Interest paid' expenses are expected not to change; o The Tax rate is expected to decrease to 32%; and • Management is expected to increase the amount of dividends paid by 5% (therefore, the Dividend payout rate will increase by 5%). 3. For the Balance Sheet: o 'Current assets' change in direct proportion to sales; • 'Fixed assets' are being operated at 100% of capacity; • 'Accounts payable' changes in direct proportion to sales; o 'Notes payable' and 'Other' current liabilities do not change; • 'Common stock' remains unchanged; and • Use 'Long-term debt' as the plug variable. 4.…
Given the following information for the Green Company:Net sales (all on account) $5,200,000Interest expense 240,000Income tax expense 280,000Net income 420,000Income tax rate 40%Total assets: January 1, 2010 $1,800,000 December 31, 2010 2,400,000Stockholders' equity: January 1, 2010 1,500,000 December 31, 2010 1,600,000Current assets, December 31, 2010 700,000Quick assets, December 31, 2010 400,000Current liabilities, December 31, 2010 300,000Net accounts receivable: January 1, 2010 200,000 December 31, 2010 180,000 Green's accounts receivable turnover for 2010 was: Question 16 options: a) 2.2 times…
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5. Bruno Inc.'s Financial Statement for years 2014-2015. Compute for the Bruno Inc. Year 2015 Debt to Asset Ratio. (Answer Format: 12.23%, if computed answer is 12.343% answer should be 12.34%, if computed answer is 12.347% answer should be 12.35%)*

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