Answered: The Scene Shop had operating cash flow… | bartleby

FINANCIAL ACCOUNTING

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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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Ch2-Q20. Accounting Values versus Cash Flows. In Problem 19, suppose Belyk Paving Co. paid out $420,000 in cash dividends. Is this possible? If net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year, what do you know about the firm's long-term debt account?
Sydney’s Shrimpboat's net capital spending was $350,000 this year. The firm also reduced its NWC by $250,000. Their interest expense was $75,000 and the firm net redeemed $20,000 in long term debt. The company does not pay a dividend and did not issue any stock, but did repurchase $50,000 of common stock. What was the firm’s OCF for the year? a. $ 95,000 b. $245,000 c. $275,000 d. $100,000 e. $145,000
Last year Roussakis Company's operations provided a negative net cash flow, yet the cash shown on its balance sheet increased. What action could explain the increase in cash, assuming the company's financial statements were prepared under IFRS? a. The company repurchased some of its common stock. O b. The company retired a large amount of its long-term debt. O c. The company sold some of its fixed assets. O d. The company had high depreciation expenses.
A business has: Net sales of $6,404,300; Cost of goods sold of $4,720,870; Accounts receivable of $685,000. What is the impact on cash flow of 5-day increase in accounts receivable days? O A decrease in cash flow by approximately $64,669. A decrease in cash flow by approximately $87,730. O An increase in cash flow by approximately $87,730.
(Related to Checkpoint 4.3) (Profitability analysis) Last year the P. M. Postem Corporation had sales of $405,000, with a cost of goods sold of $112,000. The firm's operating expenses were $125,000, and its increase in retained earnings was $76,440. There are currently 21,000 shares of common stock outstanding, the firm pays a $1.56 dividend per share, and the firm has no interest-bearing debt. a. Assuming the firm's earnings are taxed at 35 percent, construct the firm's income statement. b. Compute the firm's operating profit margin. a. Assuming the firm's earnings are taxed at 35%, construct the firm's income statement. Complete the income statement below: (Round to the nearest dollar.) Income Statement Revenues Cost of Goods Sold Gross Profit Operating Expenses Net Operating Income Interest Expense Earnings before Taxes Income Taxes Net Income GA SA ...
Vikrambhai
During the year, D-Bat increased it accounts receivable by $150, decreased its STNP by $185 and decreased its accounts payable by $80, paid dividends of $50, increased its LTD by $100, decreased its inventory by $50 and issued $25 of common stock. What is the cash flow from financing activities?
The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 13,800 Proceeds from the sale of common stock 5,000 Purchases of fixed assets 27,500 Purchases of inventories 2,600 Payment of dividends 13,800 Determine the total cash flows spent on fixed assets and NWC, and determine the cash flows to investors of the firm. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)
Zam Corp has a book value of equity of $17,010. Long-term debt is $8,400. Net working capital, other than cash is $2,150. Fixed assets are $22,430 and current liabilities are $2,260. How much cash does the company have? What are current assets?
Jennifer’s Jet Skis has operating cash flow of $1,090. Depreciation is $225 and interest paid is $175. A net total of $345 was paid on long-term debt. The firm spent $900 on fixed assets and increased net working capital by $190. What is the amount of the cash flow to stockholders?

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