22. Calculating Cash Flows [LO4] Consider the following abbreviated financialstatements for Parrothead Enterprises:PARROTHEAD ENTERPRISES2008 and 2009 Partial Balance SheetsPARROTHEAD ENTERPRISES2009 Income StatementAssetsLiabilities and Owners' EquitySales$8,2802008200920082009Costs3,861Current assets$ 653 $ 707 Current liabilities $ 261$ 293Depreciation738Net fixed assets2,6913,240 Long-term debt1,4221,512Interest paid211a. What is owners' equity for 2008 and 2009?b. What is the change in net working capital for 2009?c. In 2009, Parrothead Enterprises purchased $1,350 in new fixed assets. Howmuch in fixed assets did Parrothead Enterprises sell? What is the cash flow fromassets for the year? (The tax rate is 35 percent.)

22. Calculating Cash Flows [LO4] Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2008 and 2009 Partial Balance Sheets PARROTHEAD ENTERPRISES 2009 Income Statement Assets Liabilities and Owners' Equity Sales $8,280 2008 2009 2008 2009 Costs 3,861 $ 653 $ 707 Current liabilities $ 261 3,240 Long-term debt Current assets $ 293 Depreciation 738 Net fixed assets 2,691 1,422 1,512 Interest paid 211 a. What is owners' equity for 2008 and 2009? b. What is the change in net working capital for 2009? c. In 2009, Parrothead Enterprises purchased $1,350 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? What is the cash flow from assets for the year? (The tax rate is 35 percent.)

22. Calculating Cash Flows [LO4] Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2008 and 2009 Partial Balance Sheets PARROTHEAD ENTERPRISES 2009 Income Statement Assets Liabilities and Owners' Equity Sales $8,280 2008 2009 2008 2009 Costs 3,861 $ 653 $ 707 Current liabilities $ 261 3,240 Long-term debt Current assets $ 293 Depreciation 738 Net fixed assets 2,691 1,422 1,512 Interest paid 211 a. What is owners' equity for 2008 and 2009? b. What is the change in net working capital for 2009? c. In 2009, Parrothead Enterprises purchased $1,350 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? What is the cash flow from assets for the year? (The tax rate is 35 percent.)

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

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Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Тахes 3000 7000 Increase in Accounts receivable Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method. 22
Statement of Cash FlowPresented below are the financial statements for the Amphlett Corporation, as of year-end 2012 and 2013. AMPHLETT CORPORATIONConsolidated Balance Sheets As of Year-End ($ thousands) 2013 2012 Assets Current Cash $18,000 $108,000 Marketable securities 240,000 - Accounts receivable (net) 708,000 528,000 Inventory 720,000 738,000 Total current assets 1,686,000 1,374,000 Noncurrent Long-term investments 372,000 468,000 Property & equipment 2,160,000 1,320,000 Less: Accumulated depreciation (600,000) (600,000) Property & equipment (net) 1,560,000 720,000 Intangibles (net) 114,000 126,000 Total noncurrent assets 2,046,000 1,314,000 Total assets $3,732,000 $2,688,000 Liabilities & Shareholders' Equity Accounts payable $1,080,000 $1,020,000 Short-term bank debt 228,000 - Total liabilities 1,308,000 1,020,000…
10. Umlauf Corporation had $237,190 of net operating cash inflows, total cash inflows of $866,010 and average total assets of $4,865,225. Its cash flow on total assets was: O A. 4.9% В. 17.8% ОС. 20.5% OD. 48.8% O E. 95.1%
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Find all of these from photo: A) operating cash flow B) net capital spending C) net change in working capital D) net cash flow from asset E) cash flow from creditors
Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $1.80 million and depreciation of $258,000. The top part Ann's Flowers, Inc.'s 2007 and 2008 balance sheets is listed below (in millions of dollars). Current assets: 2007 2008 Cash and marketable securities $3.80 $2.40 Accounts receivable 4.40 5.80 6.80 5.40 Inventory Total Multiple Choice What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.? O $3,378,000 $1,800,000 -$1,400,000 Current liabilities: 2007 2008 Accrued wages and taxes $1.08 $1.08 Accounts payable 3.08 4.40 Notes payable 10.84 8.12 $15.00 $13.60 $1,578,000 $15.00 $13.60 Total
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M6
Below is the income statement data of SwiftTech Inc.: Sales $1,800 decrease in inventory $120 Depreciation $200 Increase in accounts receivable $60 increase in accounts payable $90 After tax profit margin 20% Loss on sale of equipment $40 Based on the above information, what is the Cash flow from operations for SwiftTech Inc.?
4

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