What is addition to retained earnings

Assignment Help Financial Management
Reference no: EM132031836

1. Papa Roach Exterminators, Inc., has sales of $734,000, costs of $375,000, depreciation expense of $56,000, interest expense of $28,000, and a tax rate of 35 percent. If the firm paid out $77,000 in cash dividends. What is the addition to retained earnings?

2. Papa Roach Exterminators, Inc., has sales of $624,000, costs of $395,000, depreciation expense of $56,000, interest expense of $25,000, and a tax rate of 35 percent. What is the net income for firm?

3. Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $3.6 million, and the 2009 balance sheet showed net fixed assets of $6.2 million. The company's 2009 income statement showed a depreciation expense of $925,000. What was net capital spending for 2009?

Reference no: EM132031836

Questions Cloud

What was company change in net working capital or NWC : The 2009 balance sheet showed current assets of $1,620 and current liabilities of $1,020. What was the company's 2009 change in net working capital, or NWC?
Identify main effects and interactions for factorial design : Identify the independent variable(s), dependent variable, and any possible extraneous variable. Identify main effects and interactions for the factorial design.
Repayment into the income statement and cash flow statement : Calculate the effects of borrowing and include the debt interest paid and the principal repayment into the income statement and cash flow statement.
Evaluate the credibility of the character portraying : Evaluate the credibility of the character portraying the psychology professional (job title, credentials, level of experience, etc.).
What is addition to retained earnings : Papa Roach Exterminators, Inc., has sales of $734,000, What is the addition to retained earnings?
What will your total homemade dividend be in two years : Suppose you want only $2,700 total in dividends the first year. What will your total homemade dividend be in two years?
Explain factors for determining the client stage of change : The stages of change model suggests that clients who are in the process of changing addictive behavior move through successive stages.
The current market interest rate on similar bonds : If the bonds are non-callable, what is the price of the bonds today, taking into account only the current market interest rate on similar bonds?
Current value of the firm assuming the current dividend : What is the current value of the firm assuming the current dividend has not yet been paid? Calculate the current value of the firm.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd