The cash flow effect of acadia restructuring

Assignment Help Financial Management

Reference no: EM132015395

1. Acadia, Inc. recorded restructuring charges of $235,542 thousand during fiscal 2017 related entirely to anticipated employee separation payments. Acadia, Inc. had never before incurred restructuring charges. At the end of the year, the company’s balance sheet included a restructuring accrual of $29,643 thousand. The cash flow effect of Acadia’s restructuring during fiscal 2017 was:

A. $205,899 thousand

B. $235,542 thousand

C. $265,185 thousand

D. $ 29,643 thousand

E. None of the above

2. CarMax Inc. reports sales of $15,875,118 thousand and cost of sales of $13,691,824 thousand for the year ended February 28, 2017.

The gross profit for the year is:

A. $2,183,294 thousand

B. $1,464,362 thousand

C. 86.2%

D. 13.8%

E. There is not enough information to determine gross profit.

Reference no: EM132015395

Questions Cloud

What is the stock exchange ratio : What is the stock exchange ratio if Firm A negotiates a merger with Firm B and if all the synergy gain goes to Firm B's shareholders?

What effect does this dividend have on retained earnings : DuBois, Inc. announces large stock dividend of 65% of the 4.96 million outstanding shares of common stock. What effect does dividend have on retained earnings?

The life insurance policy with the greatest potential : The life insurance policy with the greatest potential to accumulate savings is _____.

What is the intrinsic value of the preferred shares : What is the intrinsic value of the preferred shares?

The cash flow effect of acadia restructuring : The cash flow effect of Acadia’s restructuring during fiscal 2017 was:

Currently needs to retain all of its earnings : Computech Corporation is expanding rapidly and currently needs to retain all of its earnings. what is the value of the stock today?

Average real risk-free rate over time period : What was the average real risk premium? What was the average real risk-free rate over this time period?

Difference between residential-commercial-office space : Difference between residential, retail, commercial/office space, and industrial lease. How are the similar, which is preferable under which circumstances.

What does the market believe will be stock price : Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years?

User Account

All Pages