Increased current assets net of noninterest

Assignment Help Financial Management

Reference no: EM131130814

Below is a recent income statement for Gatlin Camera:

Net sales: $8,000

Cost of sales (including depreciation of $800): $4,700

Gross profit: $3,300

Selling and admin. expenses (including interest expense of $570): $1,500

Income before tax: $1,800

Tax: $612

Income after tax: $1,188

Calculate Gatlin's free cash flow in this year assuming it spent $510 on new capital equipment and increased current assets net of noninterest-bearing current liabilities $340.

Please provide calculation details

Reference no: EM131130814

Questions Cloud

What you know about opportunity costs : Given what you know about opportunity costs, how would interest paid on checking affect the demand for money?

Explain the job analysis process and method you used : Write about the strengths, challenges, and limitations or barriers of the process and what could be done differently. Discuss any legal issues you had to consider. Explain how conducting a job analysis could improve or benefit this position.

How and why the uss deficit have an effect on tax payers : Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt have an effect on the following: Tax payers Future Social Security and Medicare users Write a 350- to 1,050-word paper that details your team's findings.

Briefly explain why you characterize it : Briefly explain why you characterize it as such. Share a story that illustrates the ways in which your intellectual virtue or vice influenced a decision you made, with positive or negative consequences.

Increased current assets net of noninterest : Below is a recent income statement for Gatlin Camera: Calculate Gatlin's free cash flow in this year assuming it spent $510 on new capital equipment and increased current assets net of noninterest-bearing current liabilities $340.

Is it the glitz and glitter that can make a difference : Now think about those marketers whose product performance is rated less than their major competitors. What do they need to do to get their product in the hands of the target customer? Is it the glitz and glitter that can make a difference?

Capital asset pricing model to find the required return : For each of the cases shown in the following table, use the capital asset pricing model to find the required return.

Describe the person background psychological perspective : Select a man or woman who made significant contributions to this era of early psychology (circa 1840-1940). Write a 700- to 1,050-word paper in which you describe the person's background, psychological perspective, and the contribution he or she m..

How does american culture define beauty for men and women : How does American Culture define "beauty" for men and women? What are some typical "beauty" ideas about men and women within your community? What is considered not beautiful within your cultural community? Where do these ideas originate?

User Account

All Pages