Please provide correct answer general Accounting Hampton Industries had $37,000 in cash at year-end 2018 and $15,000 incash at year-end 2019. The firm invested in property, plant, and equipmenttotaling $200,000 -- the majority having a useful life greater than 20 yearsand falling under the alternative depreciation system. Cash flow fromfinancing activities totaled +$110,000.a. What was the cash flow from operating activities? Cash outflow, if any,should be indicated by a minus sign.b. If accruals increased by $50,000, receivables and inventories increasedby $130,000, and depreciation and amortization totaled $31,000, what wasthe firm's net income?

Step 1: Define Cash Flow StatementThe cash flow statement is drafted to analyze the inflows and…

Answered: Hampton Industries had $37,000 in cash…

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 12P

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Estimate the average total estimated useful life of depreciable property, plant, and equipment. Starbucks reports 580.6 million of depreciation and amortization in the statement of cash flows, of which 4.5 million relates to amortization of limited-life intangible assets. Does the estimate reconcile with stated accounting policy on useful lives for property, plant, and equipment? Explain.
Hampton Industries had $68,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $170,000 - the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$100,000. Round your answers to the nearest dollar, if necessary. a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. b. If accruals increased by $35,000, receivables and inventories increased by $195,000, and depreciation and amortization totaled $13,000, what was the firm's net income?
Hampton Industries had $46,000 in cash at at year-end 2020 and $11,000 in cash year-end 2021. The firm invested in property, plant, and equipment totaling $290,000 the majority having a useful life greater than 20 years and fulling under the alternative depreciation System. Cash flow from financing operating activities. tatuled + $160,000. Round your answers to the nearest dollar, if necessary. a) What was the cash flow operating activities? Cash over flow, if any, should be indicated by a minus sign $ b) If accruals increased by $50,000, receivables and inventores increased by $85,000, and depreciation and amortization totaled $19,000, what was the firm's net income?
Hampton Industries had $39,000 in cash at year end 2020 and $11,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $210,000-the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$120,000. What was the cash flow from operating activities? If accruals increased by $15,000, receivables and inventories increased by $50,000, and depreciation and amortization totaled $25,000, what was the firm's net income?
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Company Express S. A. asks you to construct cash flows for following three (3) investment projects, containing following information:PROJECT 1a. Sales (in ThCh$):- Year 1: 90,000- Year 2: 55,000- Year 3: 75,000- Year 4: 190,000b. Cost of sales is estimated at 53% of sales.c. Depreciation for year is ThCh$ 15,000 per period (period 1 to 3). In year 4 there is a sale of machinery that results in a gain on sale of non-current assets of ThCh$ 9,800. Total depreciation for year 4 is ThCh$ 12,500.d. Administrative expenses are equivalent to 17% of sales.e. In period 0 there is an investment of ThCh$ 58,000.f. There is credit financing of ThCh$ 32,000 which is amortized in equal parts of ThCh$ 8,000 per period with a financial expense of ThCh$ 3,700 per period.g. There is an investment in working capital of ThCh$ 24,000 in period 0, which is recovered in period 4.h. In period 4 there is an investment in land of ThCh$ 40,000.i. Income tax rate is 17%. Calculate: cash flow per period. Please…
Subject: accounting
Reno Company's net income of $30,000 includes a charge for depreciation expense of $20,000. Its estimated net annual cash flow would be OA) $10,000 B) $12,500 OC) $25,000 D) $50,000 E) none of the above
The Crystal Company uses straight-line depreciation and is considering a capital expenditure for which the following relevant cash flow data have been estimated: Estimated useful life: 3 years Initial investment: $400,000 Savings year 1: $160,000 Savings year 2: $150,000 Savings year 3: $90,000 Residual value after 3 yrs $30,000 The accounting rate of return is closest to 37.50%. 15.00%. 0.53%. 2.50%.
am.107.
Additional information: • Depreciation expense is $ 13,300. • Dividends declared and paid in cash of $ 20,000. • In 2020, the equipment will sell for $ 9,700 in cash (the amount sold equipment equals the book value of the equipment). QUESTIONS a. Prepare a 2020 cash flow statement for trading company "MARS" with using the indirect method b. Based on the answer in point a, calculate free cash flow trading company "MARS". Provide an interpretation of the cash flow calculation results.
During 2019, Raines Umbrella Corp. had sales of $740,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $550,000, $90,000, and $95,000, respectively. In addition, the company had an interest expense of $94,000 and a tax rate of 21 percent. (Assume that interest is fully deductible). What is operating cash flow from the firm (OCF)? Please show inputs of numbers, answer and Formula

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