Reference no: EM131840225
PROBLEM 1 - XYZ Corporation's balance sheet and income statement appear below:
Comparative Balance Sheet Ending Beginning Balance
Balance
Assets:
Cash and cash equivalents $34 $27
Accounts receivable 52 61
Inventory 41 40
Property, plant and equipment 531 460
Less accumulated depreciation 330 291
Total assets $328 $297
Liabilities and stockholders' equity:
Accounts payable $98 $109
Bonds payable 65 60
Common stock 71 70
Retained Earnings 94 58
Total liabilities and stockholders' equity $328 $297
Income Statement
Sales $515
Cost of goods sold 312
Gross margin 203
Selling and administrative expense 134
Net operating income 69
Income taxes 21
Net income $48
Prepare a statement of cash flows using the indirect method.
Cash dividends were $12.
PROBLEM 2 - XYZ Corporation's net cash provided by operating activities was $80,000; its net income was $55,000; its capital expenditures were $72,000; and its cash dividends were $14,000.
Required: Determine the company's free cash flow.
|
What is the average monthly return
: The past five monthly returns for PG Company are 4.35 percent, -.25 percent, 5.75 percent, 7.89 percent, and 5.44 percent. What is the average monthly return?
|
|
Identify critical components of quantitative research method
: Identify critical components of quantitative research methods. Define theory and the elements of theory and its impact on research design.
|
|
What is melanie economic profit per month
: Her equipment is very specialized and has no other uses. What is Melanie's economic profit per month?
|
|
Calculate best-case and worst-case NPV figures
: We are evaluating a project that costs $650,000, has a five-year life, and has no salvage value. Calculate the best-case and worst-case NPV figures.
|
|
Determine the company free cash flow
: XYZ Corporation's net cash provided by operating activities was $80,000; its net income was $55,000; Determine the company's free cash flow
|
|
Describe accountability and the creative curriculum
: What was the earliest American approach to early education curriculum? What is the history and philosophy of that approach?
|
|
The dividend will be expected to grow at some constant rate
: the dividend will be expected to grow at some constant rate of G percent thereafter
|
|
Derrick decides to go to europe
: Derrick decides to go to Europe, rather than take a summer job. Which of the following would be considered an implicit cost of this decision?
|
|
Identify a specific health or health care delivery issue
: Identify a specific health or health care delivery information management issue, other than patient electronic health record.
|