Need answer the question The Lakeside Inn had operating cash flow of $48,450. Depreciation was$6,700 and interest paid was $2,480. A net total of $2,620 was paid onlong-term debt. The firm spent $24,000 on fixed assets and decreasednetworking capital by $1,330. What was the amount of the cash flow tostockholders?A) $5,100B) $7,830C) $18,020D) $19,998E) $20,680

The problem requires the determination of the cash flow to stockholders. Cash flow to stockholders…

Answered: The Lakeside Inn had operating cash…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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The Muzn Co. had operating cash flow of OMR 53.750. Depreciation was OMR 5,600 and interest paid was OMR 2,580. A net total of OMR 2,890 was paid on long-term debt. The firm spent OMR 26,000 on fixed assets and decreased net working capital by OMR 1,870. What is the amount of the cash flow to stockholders? O a. OMR 35,090 O b. OMR 24,150 O c. OMR 29.930 d. OMR 25,570 e. OMR 20,410
The Scene Shop had operating cash flow of $48,450. Depreciation was $6,700 and interest paid was $2,480. A net total of $2,620 was paid on long-term debt. The firm spent $24,000 on fixed assets and decreased net working capital by $1,330. What was the amount of the cash flow to stockholders?
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Muffin's Masonry, Inc.'s, balance sheet lists net fixed assets as $24 million. The fixed assets could currently be sold for $39 million. Muffin's current balance sheet shows current liabilities of $10.5 million and net working capital of $9.5 million. If all the current accounts were liquidated today, the company would receive $7.75 million cash after paying the $10.5 million in current liabilities. What is the book value of Muffin's Masonry's assets today and the market value of these assets? (Enter your answer in millions of dollars rounded to 2 decimal places.) Current assets Fixed assets Total BOOK VALUE MARKET VALUE (in millions of dollars)
Muffin’s Masonry, Inc.’s, balance sheet lists net fixed assets as $26 million. The fixed assets could currently be sold for $43 million. Muffin’s current balance sheet shows current liabilities of $11.5 million and net working capital of $10.5 million. If all the current accounts were liquidated today, the company would receive $7.85 million cash after paying the $11.5 million in current liabilities. What is the book value of Muffin’s Masonry’s assets today and the market value of these assets? (Enter your answer in millions of dollars rounded to 2 decimal places.) BOOK VALUE MARKET VALUE (in millions of dollars) Current assets Fixed assets Total
Disturbed, Incorporated, had the following operating results for the past year: sales = $22,642; depreciation = $1,450; interest expense = $1,168; costs = $16,560. The tax rate for the year was 21 percent. What was the company's operating cash flow? Multiple Choice $2,737 ○ $7,468 о $3,464 ○ $3,303 ○ $5,355
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Thompson's Jet Skis has an operating cash flow of $11,618. Depreciation is $2,345 and interest paid is $395. A net total of $485 was paid on long-term debt. The firm spent $6,180 on fixed assets and decreased net working capital by $420. What is the cash flow of the firm?
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Nighthawk Steel, a manufacturer of specialized tools, has $5,220,000 in assets. Temporary current assets Permanent current assets Capital assets Total assets $1,240,000 1,740,000 2,240,000 $5,220,000 Short-term rates are 4 percent. Long-term rates are 6.5 percent. (Note that long-term rates imply a return to any equity). Ear before interest and taxes are $1,080,000. The tax rate is 25 percent. Assume the term structure of interest rates becomes imm with short-term rates going to 9 percent and long-term rates 4.5 percentage points lower than short-term rates. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short-term financing, earnings be after taxes? Eor an example of perfectly hedged plans see Figure 6-8. Earning after taxes $
Nighthawk Steel, a manufacturer of specialized tools, has $5,220,000 in assets. Temporary current assets Permanent current assets Capital assets Total assets $1,240,000 1,740,000 2,240,000 $5,220,000 Short-term rates are 4 percent. Long-term rates are 6.5 percent. (Note that long-term rates imply a return to any equity). Ear before interest and taxes are $1,080,000. The tax rate is 25 percent. Assume the term structure of interest rates becomes im with short-term rates going to 9 percent and long-term rates 4.5 percentage points lower than short-term rates. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short-term financing earnings be after taxes? For an example of perfectly hedged plans, see Figure 6-8. Earning after taxes $

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