Reference no: EM132678834
Brooks Power provided the following information:
Depreciation expense$ 30,000
Funds borrowed from the bank
200,000
Dividends paid to shareholders100,000
Proceeds from sale of building450,000
Purchase of inventories600,000
Purchase of equipment150,000
Problem 1: How much is the net cash from (for) investing activities?
Select one:
a. $400,000
b. $300,000
c. ($200,000)
d. $330,000
Pella Windows provided the following income statement information:
Sales$3,100,000
Cost of goods sold 1,650,000
Restructuring charges 320,000
Depreciation 48,000
Interest expense 21,500
Other operating expenses 980,000
Income before taxes 80,500
Income taxes expense 28,175
Net income$ 52,325
Problem 2: How much is the company's EBITDA?
Select one:
a. $150,000
b. $ 80,500
c. $470,000
d. $ 11,000