Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Salza Technology Corporation increased its salesfrom $375,000 in 2012 to $450,000 in 2013 as shown in the firm ’ s income statements presented below.LeAnn Sands, chief executive officer and founder of the firm, expressed concern that the cash accountand the firm ’ s marketable securities declined substantially between 2012 and 2013. Salza ’ s complete bal-ance sheets are also shown. Ms. Sands is seeking your assistance in the preparation of a statement of cash flows for Salza Technology. A. Prepare a statement of cash flows for 2013 for Salza Technology Corporation. B. Provide a brief description of what happened in terms of cash flows (both inflows and outflows) forSalza between 2012 and 2013. Salza Technology Corporation Annual Income Statements (in $ Thousands) 2012 2013 Net sales $375 $450 Less: Cost of goods sold -225 -270 Gross Profit 150 180 Less: Operating Expenses -46 -46 Less: Depreciation -25 -30 Less: Interest -4 -4 Income Before Taxes 75 100 Less: Income taxes -20 -30 Net Income $55 $70 Cash Dividends $17 $20 Balance Sheets as of December 31 (IN $ Thousands) 2012 2013 Cash $39 $16 Accounts Rece 50 80 Inventories 151 204 Total current assets 240 300 Gross fixed assets 200 290 Less accumulated depreciation -95 -125 Net Fixed Assets 105 165 Total Assets $345 $465 Accounts payable $30 $45 Bank Loan 20 27 Accured Liabilities 10 23 Total Current Liabilities 60 95 Long-Term Debt 15 15 Common Stock 85 120 Retained Earnings 185 235 Total Liabilities & Equity $345 $465
Salza Technology Corporation How much is Operating cash flow?
Duane MIller wants to know his affordable home purchase price. What is Duane's affordable home purchase price?
The exchange rate between the US dollar and the Swiss Franc is SF1.3=$1, and the exchange rate betweent he dollar and the British pound is BP1=$1.40. What is the cross rate between francs and pounds.
Ghost Rider Corporation has bonds on the market with 10 years to maturity, a YTM of 7.5 percent, and a current price of $938. What must the coupon rate be on the company's bonds?
For the bond problem, assume interest payments are on an annual basis. Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 9 percent annual interest. The current yield to maturity on such bonds in the market is 12 percent. Compute t..
What effective annual rate of return (EAR) would Rayne need to earn if she deposits $1,000 per month into an account beginig one month from today in order to have a total of $ 1,000,000 in 30 years ?
A preferred stock from Hecla Mining Co. (HLPRB) pays $3.80 in annual dividends. what is the fair present value of the stock?
A bank has a profit margin of 5 percent, an asset utilization ratio of 11 percent, an equity multiplier of 12, and a retention ratio of 60 percent. What is this bank's ICGR? Which one of the following correctly applies to the average accounting rate ..
Calculate the cost of (a) internal common equity and (b) external common equity.
when assessing the riskiness of a stock that is considered to be included in a well diversified portfolio.
The cost of the project is $1,200,000, which will be an immediate expense. The project is expected to produce cash flows in year 3 (end of Year) of $400,000 and this cash flow will grow at 15% for the following 5 years. At the end of the 6th year a c..
Compare the Whistleblower Protection Act of 1989 and Sarbanes-Oxley Act of 2002. Construct immunized portfolios appropriate for different investor categories.
Float is defined as the difference between the balance shown on the books and the balance in the Bank account
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd