Can you solve these accounting question? In 2008, Upper Crust had cash flows frominvesting activities of -$285,000 and cashflows from financing activities of -$166,000.The balance in the firm's cash account was$83,000 at the beginning of 2008 and$121,000 at the end of the year.What was Upper Crust's cash flow fromoperations for 2008?

Step 1: Define Cash FlowsThe cash flows of a firm during a given year can be categorized into cash…

Answered: In 2008, Upper Crust had cash flows…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter5: Evaluating Operating And Financial Performance

Section: Chapter Questions

Problem 1aM

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In 2008, Upper Crust had cash flows from investing activities of $235,000 and cash flows from financing activities of ?$153,000. The balance in the firm's cash account was $93,000 at the beginning of 2008 and $108,000 at the end of the year. What was Upper Crust's cash flow from operations for 2008? A. $108,000 B. $15,000 C. $388,000 D. $403,000 Suppose you sell a fixed asset for $121,000 when its book value is $141,000. If your company's marginal tax rate is 39 percent, what will be the effect on the cash flows of this sale? Smith Insurance Agency started the year with a beginning capital balance of $30,000. During the year, Smith Insurance Agency earned $38,000 in Service Revenue and incurred $21,500 in various expenses. Smith withdrew $6,000 from the business. After the closing entries are recorded and posted, what will be the balance of Smith, Capital?
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In its fiscal 2010 balance sheet, Big Lots, Inc. reported cash and cash equivalents at the start of the year of $283,733 thousand. By the end of the year, cash and equivalents had decreased to $177,539 thousand. The Company's statement of cash flows reported from operating activities of $315,257 thousand, cash from financing activities of $(306,899) thousand. What amount did the company report for cash from investing activities? a) $8,358 thousand cash inflow b) $106,194 thousand cash outflow c) $114,552 thousand cash outflow d) $114,552 thousand cash inflow
Assume a firm generates $2,200 in slaes and has a $300 increase in accounts recieveables during an accoutning period. Based soley on this information, cash flow will increase by ? Please explain.
(Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $650,000, cash flow from financing activities of $90,000, depreciation expenses of $60,000, and cash flow from operating activities of $550,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: ($ million) 2011 Cash Flow from Operations $480 Capital Expenditures (CAPEX) $458 (Click on the icon in order to copy its contents into a spreadsheet.) Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results? 2012 $401 $446 2013 $468 $457
(Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $700,000, cash flow from financing activities of $60,000, depreciation expenses of $40,000, and cash flow from operating activities of $600,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: ($ million) 2011 Cash Flow from Operations $477 Capital Expenditures (CAPEX) $461 (Click on the icon in order to copy its contents into a spreadsheet.) Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results? a. What is Kabutell's quality of earnings ratio? % (Round to one decimal place.) 2012 $403 $447 C 2013 $471 $455
Hampton Industries had $50,000 in cash at year-end 2015 and $14,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $280,000. Cash flow from financing activities totaled +$210,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities? Enter cash outflows with a minus sign.$ If accruals increased by $45,000, receivables and inventories increased by $185,000, and depreciation and amortization totaled $61,000, what was the firm's net income?
ILoveFinance, Inc., provided the following financial information for the quarter ending September 30, 2006: Net income $241,463 Depreciation and amortization $133,414 Increase in receivables $102,709 Increase in accounts payables $62,411 Decrease in marketable securities $31,225 Increase in inventory $81,336 What is the cash flow from operating activities generated during this quarter by the firm? a. $253,243 b. -$308,458 c. $343,243 d. $374,468
Duning the year, Next Tec Corp. had the following cash flows receipt trom customers, $21,000, receipt from the bank for long term borrowing. $6,200, payment to supplers, $5,200, payment of dividends, $1700, payment to workers, $3.000, and payment for machenery $9,000. What amount would be reported for net financing cash flows in the statement of cash fows? Mutiple Choice S4500 $6 200 (19,000 SA000 20 s0 ype here to search Ps 40% S/1/20 K N Alt Ctri Home oOOo

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