2. Waitrose has sales of £820,000 and costs of £600,000. Interest expense is £36,000 and depreciation is £54,000. The tax rate is 21 percent. What is the net income? a. £102,6704 b. £102,700 с. £115,000- £189,250 d. 3. At the beginning of the year, a firm had total assets of £52,700, fixed assets of £33,200, and current liabilities of £13,280. At the end of the year, the current assets are £15,000, the fixed assets are £34,100, and the current liabilities are £14,210. What is the change in net working capital for the year? а. -£18,2604 b. -£5,4304 с. £9,110- d. £12,450

2. Waitrose has sales of £820,000 and costs of £600,000. Interest expense is £36,000 and depreciation is £54,000. The tax rate is 21 percent. What is the net income? a. £102,6704 b. £102,700 с. £115,000- £189,250 d. 3. At the beginning of the year, a firm had total assets of £52,700, fixed assets of £33,200, and current liabilities of £13,280. At the end of the year, the current assets are £15,000, the fixed assets are £34,100, and the current liabilities are £14,210. What is the change in net working capital for the year? а. -£18,2604 b. -£5,4304 с. £9,110- d. £12,450

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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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.
Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,118,000 in invested assets, sales of $1,204,000, income from operations amounting to $232,000, and a desired minimum return of 13%. Round your answer to two decimal places. The investment turnover for Mason Corporation is Oa. 0.86 Ob. 1.62 Oc. 1.08 Od. 1.29 Previous Next 7:34 PM CP 12/13/2020 DELL
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This year, Stang Fabrications Inc. has EBIT of $9,080,000, depreciation expenses of $800,000, capital expenditures of $1,000,000, and has increased its net working capital by $450,000. If its tax rate is 25%, what is its free cash flow? The company's free cash flow is $ (Round to two decimal places.)
Pancake House had sales of $1.5 million with depreciation of $350,000 and other operating costs that ran 40% of sales. They paid $180,000 in dividends with a tax rate of 35% and interest expense of $280,000. What was their Operating Cash Flow? A. $805,500 B. $455,500 C. $1,195,500 D. $625,500
Alpha Ltd has a gross profit margin of 40%. At the start and end of the year, stock was valued at £17,000 and £20,000. During the year Alpha Ltd made cash purchases of £15,000 and credit purchases of £50,000. What was the value of sales for the year? a) £62,000 b) £103,333 c) £99,200 d) £161,200
Mason Corporation had $1,096,000 in invested assets, sales of $1,217,000, operating income amounting to $231,000, and a desired minimum return on investment of 13%. The profit margin (rounded to one decimal place) for Mason Corporation is
Ehrlich & Czarnecki Consulting, Inc. recently reported the following information: Net income = $800,000 Sales = $4,200,000 Total Assets = $9.5 million Tax rate = 40% Interest expense = 20,000 Accounts Payable = 36,000 Notes Payable = 300,000 Accruals = 50,000 After-tax cost of capital = 11% What is the company’s EVA? $-296,358 $-223,540 $-452,391 $-488,029 None of the above is within $100 of the correct answer.
Local Co. has sales of $10.4 million and cost of sales of $6.3 million. Its selling, general and administrative expenses are $490,000 and its research and development is $1.2 million. It has annual depreciation charges of $1.2 million and a tax rate of 28%. a. What is Local's gross margin? b. What is Local's operating margin? c. What is Local's net profit margin? a. What is Local's gross margin? Local's gross margin is%. (Round to two decimal places.)

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