A firm has fixed assets at the end of 2022 of $40,000. At the beginning of 2022, it's fixed assets were $35,000. During the year, the firm recorded $3000 in depreciation. How much was recorded for the firm's CAPEX? Hint #1: CAPEX = end FA - beg FA + dep Hint #2: Be careful with beginning and ending :)

A firm has fixed assets at the end of 2022 of $40,000. At the beginning of 2022, it's fixed assets were $35,000. During the year, the firm recorded $3000 in depreciation. How much was recorded for the firm's CAPEX? Hint #1: CAPEX = end FA - beg FA + dep Hint #2: Be careful with beginning and ending :)

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

A summary of B's capital account for the year ended December 31, 2022 is as follows: Balance, Jan. 1, 2022 Additional investment, May 1 Withdrawal, Sept 2 Balance, Dec. 31, 2022 Compute for the weighted average capital. 1,200,000 230,000 (100,000) 1,330,000
a) Calculate the free cash flow generated by a firm which has earnings before interest and taxes of £30m, has depreciated its fixed assets by £1m, has invested £10m in new fixed assets and £5m in working capital during 2019 when it paid corporate tax at 20%. Explain what you have assumed about the firm’s asset base. (b) During 2019 the firm in (a) generated revenue of £60m, its cost of goods sold was £20m and its selling, general and administrative costs were £10m. You anticipate that over the next five years revenue will grow at 5% each year, the cost of goods sold will continue to be a fixed percentage of revenue, but due to managerial efficiencies administrative costs will not change. All forms of investment, together with depreciation will have a consistent relationship with revenue. At the end of this five-year period you believe that free cash flow will grow at 2% each year. What is the company worth at the end of 2019, assuming that its weighted average cost of capital is 5%?
4. What total amount of expenses should be reported in the income statement for the 2nd quarter of 2022? * 4. Orange Enterprises had the following transactions: • On December 28, 2021, paid property taxes for the next calendar year of P 500,000. • Loss from typhoon on February 14, 2022 amounting to P600,000. • On May 1, 2022, advertising costs were incurred at P300,000. Sold a machinery with carrying amount of P400,000. The company incurred a loss of P50,000 on its sale on July 1, 2022. A. 475,000 B. 350,000 C. 425,000 D. 675,000 E. None of them
A firm has fixed assets at the end of 2022 of $40,000. At the beginning of 2022, it's fixed assets were $35,000. During the year, the firm recorded $2000 in depreciation. How much was recorded for the firm's CAPEX? Hint #1: CAPEX = end FA - beg FA + dep Hint #2: Be careful with beginning and ending
Please explain proper steps by Step and Do Not Give Solution In Image Format ? And Fast Answering Please ?
answer must be in table format and written format or i will give you down vote
Industrial Industries' 2023 balance sheet shows current assets of $1,400 and current liabilities of $1,200. Their 2022 balance sheet shows current assets of $1,575 and current liabilities of $1,250. What was the firm's investment in net working capital for 2023? Question 5 options: ($63) ($175) ($125) $63 $188
Can you walk me through this problem?
Kenya Kwanza ltd wants to determine its liquidity position in 5 years from closure of business in year 2023. The financial position as at December 2023 was: Balance sheet as at 31 December, 2023 Fixed assets: Ksh. '000' Ksh. '000' Freehold premises 1,680,000 Leasehold premises 1,200,000 Plant and equipment 1,120,000 Motor vehicles 600,000 4,600,000 Current assets: Stocks 2,120,000 Debtors 880,000 Bank balance 240,000 3,240,000 7,840,000 Capital & liabilities: Creditors 1,440,000 Accrued expenses 1,120,000 Ordinary share capital 4,000,000 Reserves 380,000 15% loan 900,000 7,840,000 7,840,000 Additional information: 1. The loan will mature before the end of the 5 year period and will be duly settled. 2. Sales for year 2023 amounted to ksh 16,000m and are expected to grow by 8% per year in each of the five years from 2024 to 2028. 3. Dividend payout ratio of 40% is to be maintained. 4. Profit after tax is to be maintained at 14% of sales 5. Except for the ordinary share capital and…
Monique's Moving Van 4U, Incorporated had free cash flow during 2022 of $1 million, EBIT of $30 million, tax expense of $8 million, and depreciation of $4 million. • ● e Beginning of the year gross fixed assets were $30 million and end of the year gross fixed assets were $40 million. Beginning of the year current assets were $110 million and end of the year current assets were $130 million. Beginning of the year current liabilities were $85 million. • Accrued wages and taxes at the end of the year were $20 million and Notes Payable at the end of the year were $35 million. Using the above information, what was Monique's Accounts Payable ending balance in 2022? O $5 million O $15 million O $35 million O $45 million

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

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

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