The 2013 income statement of Southern Products, Inc., showed $2.3 million EBIT, $340,000 depreciation, $800,000 interest expenses, and its tax rate is 34%. If the firm's net capital spending for 2013 was $620,000, and the firm increased its net working capital investment by $70,000, find the firm's 2013 cash flow from assets (CFFA). Do not include the $ sign or comma, and round it to a whole dollar, e.g., 2345 (for $2,345).
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- Home Depot reports net operating profit after tax (NOPAT) of $7,507 million in 2016. Its net operating assets at the beginning of 2016 are $24,685 million and are $25,415 million at the end of 2016. What are Home Depot's free cash flows to the firm (FCFF) for 2016?In 2016, the Allen Corporation had sales of $61 million, total assets of $43 million, and total liabilities of $15 million. The interest rate on the company's debt is 5.8 percent, and its tax rate is 35 percent. The operating profit margin is 14 percent. a. Compute the firm's 2016 net operating income and net income. b. Calculate the firm's operating return on assets and return on equity. (Hint: You can assume that interest must be paid on all of the firm's liabilities.)Cash flow from assets. Use the data from the following financial statements in tthe popup window, The company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts operating cash flow, capital spending, and change in net working capital The operating cash flow is $ (Round to the nearest dollar) O Data Table - X Partial income Statement Year Ending 2017 Sales revenue $350,000 Cost of goods sold $140,000 Foxed costs $43,000 Sellng general, and administratve expenses $28.000 Depreciation $46,000
- On BeDeM Inc.'s 2023 income statement, you observe that: Sales $212,000 Cost of Sales = $50,000 Depreciation and Amortization . Other Income $0 = $42,000 From BeDeM Inc.'s 2023 statement of cash flows, you observe that the firm distributed $39,000 as dividends to its stockholders, which was 75% of its net income in 2023. Given that the firm's operating expenses were $51,000 in 2023, and earnings are taxed at 21%. (a) Calculate the firm's EBITDA in 2023. (b) Find the firm's EBITDA/Interest Coverage ratio in 2023.The Clifford Corporation's 2023 income statement shows the following: Sales Costs $ 300,000 $ 173,000 Other expenses $ 10,400 Depreciation expense $ 29,000 Interest expense $ 13,555 $ 76,000 $ 9,000 Taxes Dividends 2013 New equity Net new long-term debt Change in fixed assets $ 15,700 - $ 16,300 $ 27,000 a. Calculate the operating cash flow for the firm. b. Calculate the cash flow to creditors. c. Calculate the cash flow to stockholders. d. If the net fixed assets increased by $27,000 during the year, what was the change in Net Working Capital NWC?For 2018, gourmet kitchen products reported $22 million of sales & $19 million of operating costs (including depreciation). The compnay had $15 million of total invested capital. Its after tax cost of capital is 8% h its federal-plus- state income tax rate was 34%. What was the firm's economic value added (EVA) thay is how much value did management add to stockholders wealth during 2018?
- Cash flow from assets. Use the data from the following financial statements in the popup window, The company paid interest expense of $19,000 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ (Round to the nearest dollar.) Data table Sales revenue $349,800 Cost of goods sold $142,000 Fixed costs $42,900 Selling, general, and administrative expenses Depreciation $28,100 $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS Cash Accounts receivable Inventories LIABILITIES $16,100 Notes payable $13,800 $27,800 Accounts payable $19,100 $47,900 Long-term debt $189,800 Fixed assets $368,100 OWNERS' EQUITY Accumulated depreciation $142,100 Retained earnings Intangible assets $82,000 Common stock $131,800 (Click on the following icon in…In 2016, the Allen Corporation had sales of $60 million, total assets of $47 million, and total liabilities of $22 million. The interest rate on the company's debt is 5.6%, and its tax rate is 35%. The operating profit margin is 12%. Compute the firm's 2016 net operating income and net income. Calculate the firm's operating return on assets and return on equity. (Hint: You can assume that interest must be paid on all of the firm's liabilities.)You are considering an investment in National Corporation and want to evaluate the firm's free cash flow. From the income statement, you see that National Corporation's earned an EBIT of P62,000,000, paid taxes of P17,000,000, and its depreciation expense was P5,000,000. Fixed assets increased by P32,000,000 from 2015 to 2016. The firm's current assets increased by P20,000,000 and spontaneous current liabilities increased by P12,000,000. The National Corporation's operating cash flow for 2016 is * Format: 11,111,111
- In 2017, Eraser Corp had Revenue of $200 million, Cost of Goods Sold of $100 million (this includes Depreciation of $50 million), Sales General and Admin Expenses of $50 million, and faced a tax rate of 21%. Assume that no money was spent on Capital Expenditures or on additional Net Working Capital. According to our recipe, what should be the after-tax cash flow generated by Eraser Corp in 2017 (in millions)?For 2018, Gourmet Kitchen Products reported $22 million of sales and $19 millionof operating costs (including depreciation). The company has $15 million of total investedcapital. Its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was36%. What was the firm’s economic value added (EVA), that is, how much value did managementadd to stockholders’ wealth during 2018?For 2018, Gourmet Kitchen Products reported $22.5 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of total invested capital. Its after-tax cost of capital is 10% and its federal-plus-state income tax rate was 35%. What was the firm's economic value added (EVA), that is, how much value did management add to stockholders' wealth during 2018? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.