Net fixed assets" 403,000 Land 49,440 49,600 Total assets 618,000 620,000 30,900 24,800 Notes payable Accounts payable 74,160 62,000 Accruals 18,540 24,800 Current portion of LT Debt 80,340 86,800 Total current liabilities 203,940 198,400 Long-term debt 191,580 192,200 Common stock 18,540 24,800 Capital surplus 74,160 80,600 Retained earnings 129,780 124,000 Total liabilities and equity 618,000 620,000 Additional Data from Company Income Statement(s): Sales in Year 2 1,240,000 Net income in Year 2 24,800 Depreciation expense in Year 1 111,240 Depreciation expense in Year 2 117,800 * No long-term assets were sold in either Year 1 or Year 2 37. What did LukaDonc, Incorporated report as Net Cash Flow from Operating Activities for Year 2? 38. What did LukaDonc, Incorporated report as Net Cash Flow from Investing Activities for Year 2? 39. What did LukaDonc, Incorporated report as Net Cash Flow from Financing Activities for Year 2? 401,7

Net fixed assets" 403,000 Land 49,440 49,600 Total assets 618,000 620,000 30,900 24,800 Notes payable Accounts payable 74,160 62,000 Accruals 18,540 24,800 Current portion of LT Debt 80,340 86,800 Total current liabilities 203,940 198,400 Long-term debt 191,580 192,200 Common stock 18,540 24,800 Capital surplus 74,160 80,600 Retained earnings 129,780 124,000 Total liabilities and equity 618,000 620,000 Additional Data from Company Income Statement(s): Sales in Year 2 1,240,000 Net income in Year 2 24,800 Depreciation expense in Year 1 111,240 Depreciation expense in Year 2 117,800 * No long-term assets were sold in either Year 1 or Year 2 37. What did LukaDonc, Incorporated report as Net Cash Flow from Operating Activities for Year 2? 38. What did LukaDonc, Incorporated report as Net Cash Flow from Investing Activities for Year 2? 39. What did LukaDonc, Incorporated report as Net Cash Flow from Financing Activities for Year 2? 401,7

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 Retained earnings, January 1 $3,704,000 $3,264,000 Net income $ 600,000 $ 550,000 Dividends: On preferred stock (10,000) (10,000) On common stock (100,000) (100,000) Increase in retained earnings $ 490,000 $ 440,000 Retained earnings, December 31 $4,194,000 $3,704,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Υ1 Sales $ 10,850,000 $10,000,000 Cost of goods sold (6,000,000) (5,450,000) $ 4,850,000 $ (2,170,000) Gross profit $ 4,550,000 Selling expenses $ (2,000,000) Administrative expenses (1,627,500) (1,500,000) Total operating expenses $(3,797,500) $ (3,500,000) Operating income $ 1,052,500 $ 1,050,000 Other revenue and expense:…
($ thousands) Present value at 19% Net cash flow Net present value 0 1 4 -13,700 -1,594 -13,700 -1,339 3,541 (sum of PVs). Period 2 3 6 3,057 6,433 10,644 10,095 5,867 2,159 3,817 5,308 4,230 2,066 5 7 3,379 1,000 Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a 19% nominal rate and 11% expected inflation. NPV should be unchanged at +3,541, or $3,541,000. Note: Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest whole number. Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Real Net Cash Flows NPV
Baghiben
Question 10 of 25 Based on the following data, what is the amount of working capital? Accounts payable Accounts receivable Cash Intangible assets Inventory Long-term investments Long-term liabilities Short-term investments Notes payable (short-term) Property, plant, and equipment Prepaid insurance $404240 O $411680 > O $458800 $79360 141360 86800 124000 171120 198400 248000 99200 69440 1661600 2480
Net Present Value Method, Present Value Index, and Analysis First United Bank Inc. is evaluating three capital investment projects using the net present value method. Relevant data related to the projects are summarized as follows: BranchOfficeExpansion ComputerSystemUpgrade ATMKioskExpansion Amount to be invested $863,421 $519,486 $311,214 Annual net cash flows: Year 1 358,000 243,000 165,000 Year 2 333,000 219,000 114,000 Year 3 304,000 194,000 83,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required: 1. Assuming that the desired rate of return is 6%,…
Subject: accounting
what was the net capital spending in 2021 and 2022 please avoid solutions image based thnx