Willison Aircraft Corp shows the following information on its 2020 income statement. Sales Costs $196,000 $104,000 $6,800 Other Expenses Depreciation Expenses $9,100 Interest Expenses Taxes $14,800 $21,455 $10,400 Dividends In addition, you are told that that the firm has issued $5,700 in new equity during 2020 and redeemed $7,300 in outstanding long-term debt. What is the 2020 operating cash flow of the company?

Willison Aircraft Corp shows the following information on its 2020 income statement. Sales Costs $196,000 $104,000 $6,800 Other Expenses Depreciation Expenses $9,100 Interest Expenses Taxes $14,800 $21,455 $10,400 Dividends In addition, you are told that that the firm has issued $5,700 in new equity during 2020 and redeemed $7,300 in outstanding long-term debt. What is the 2020 operating cash flow of the company?

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter16: Financial Planning And Forecasting

Section: Chapter Questions

Problem 8P: LONG-TERM FINANCING NEEDED At year-end 2019, total assets for Arrington Inc. were 1.8 million and...

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LONG-TERM FINANCING NEEDED At year-end 2019, total assets for Arrington Inc. were 1.8 million and accounts payable were 450,000. Sales, which in 2019 were 3.0 million, are expected to increase by 25% in 2020. Total assets and accounts payable are proportional to sales, and that relationship will be maintained; that is, they will grow at the same rate as sales. Arrington typically uses no current liabilities other than accounts payable. Common stock amounted to 500,000 in 2019, and retained earnings were 475,000. Arrington plans to sell new common stock in the amount of 130,000. The firms profit margin on sates is 5%; 35% of earnings will be retained. a. What were Arringtons total liabilities in 2019? b. How much new long-term debt financing will be needed in 2020? (Hint: AFN - New stock = New long-term debt.)
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Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%
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Nightwish Corporation shows the following information on its 2021 income statement: Sales $336,000; Costs = $20,600; Interest expense = $14,200; Taxes = $21,275; Dividends = $21,450. In addition, you're told that the firm issued $7,100 in new equity during 2021 and redeemed $5,400 in outstanding long-term debt. $194,700; Other expenses = $9,800; Depreciation expense = %3D a. What is the 2021 operating cash flow? (Do not round intermediate calculations.) b. What is the 2021 cash flow to creditors? (Do not round intermediate calculations.) c. What is the 2021 cash flow to stockholders? (Do not round intermediate calculations.) d. If net fixed assets increased by $53,200 during the year, what was the addition to NWC? (Do not round intermediate calculations.) a. Operating cash flow b. Cash flow to creditors c. Cash flow to stockholders d. Addition to NWC
Landvision Inc. had net income in 2020 for $120,000. Here are some of the extra financial ratios from the annual report Profit margin 20%, Return on Assets 35%, Debt to Asset Ratio30% Please calculate the ROE ratio O A. 70% B. 60% O C. 50% O D. 25%
The 2022 balance sheet of Fast Auto Manufacturers, showed $1.4 million in long-term debt, $470,000 in the common stock account, and $4.15 million in the additional paid-in surplus account. The 2023 balance sheet showed $3.15 million, $755,000, and $6.2 million in the same three accounts, respectively. The 2023 income statement showed an interest expense of $280,000. The company paid out $500,000 in cash dividends during 2023. If the firm's net capital spending for 2023 was $330,000, and the firm reduced its net working capital investment by $265,000, what was the firm's 2023 operating cash flow, or OCF? O $-3,240,000 O $-4,130,000 O $4,530,000 $-3,400,000 O $5,155,000
JP Inc. had the following information expressed in millions of $: 2019 2020 Net Fixed Assets 2,000 2,500 After Tax Operating Income 700 925 Net Income 600 825 b. The growth rate of GDP is estimated to be on average 2.5 % in the next few years. JP inc has a capital structure of 40% Debt and 60% Common Stock (Equity). Cost of debt prior to taxes is estimated to be 5% and cost of equity is estimated to 13%. Tax rate is estimated to be 35%. Based on this information and your solution in 18.a estimate the intrinsic value for this firm.
A company has the following items for the fiscal year 2020: Revenue = 10 million EBIT = 4 million Net income = 2 million Total Equity = 15 million Total Assets = 30 million Calculate the company’s net profit margin, asset turnover, equity multiplier and ROE
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Schwert Corp. shows the following information on its 2019 income statement: sales = $246,000; costs = $135,000; other expenses = $7,100; depreciation expense = $19,100; interest expense = $10,000; taxes = $18,876; dividends = $9,800. In addition, you’re told that the firm issued $7,900 in new equity during 2019 and redeemed $6,800 in outstanding long-term debt. Net capital spending is X. There is no change in net working capital. What is X?