What is simcos cash flow from operations

Assignment Help Finance Basics
Reference no: EM133002985

Simco has annual sales of $190,000 with associated costs of $120,000 during 2020. The project increased net working capital $70,000 and fixed assets by $200,000 during the year. The project has a 5 year life. The company uses straight line depreciation to a zero book value over the life of the project. Tax rate is 35 percent. What is simcos cash flow from operations?

Reference no: EM133002985

Questions Cloud

Identify some strategic management accounting problems : Identify some strategic management accounting problems/issues (either past or current) in any organization of your choice operating in Ghana
How does the financial planning industry in australia : How does the Financial Planning Industry in Australia meet and not meet these criteria
What is the target cost at a market price : If Cullumber Designs wants to preserve the existing gross margin percentage, what is the target cost at a market price of $204?
How much will suraya be expected to pay annually : Suraya wants to buy a property for $600,000 and wants 80 percent loan, lender (I&M Bank) indicates that a fully amortizing loan can be obtained for 15 years at
What is simcos cash flow from operations : Simco has annual sales of $190,000 with associated costs of $120,000 during 2020. The project increased net working capital $70,000 and fixed assets by $200,000
What do think might be the reason for the unprofitable : What do you think might be the reason for the unprofitable operations in recent years? What might be done to improve the situation for the coming year?
What is the monthly payment : What is the monthly payment on an $500,000, 6.0% interest-only mortgage?
How many cookbooks must be sold to generate : Blossom Dish Printery publishes the best-selling, If the company's tax rate is 20%, how many cookbooks must be sold to generate $ 170,000 in net income?
Adverse effects on the district provision : Please describe how you would manage a district budget deficit if you were tasked by your Board of Education with developing an Action Plan that would effective

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the approximate break-even level

If the plant lasts for 3 years and the cost of capital is 12%, what is the approximate break-even level (accounting) of the annual sales?

  Determine the net present value of the laser

Determine the net present value of the laser if the intial investment increases to $250,000?

  Direct manufacturing labor and engineering labor

What is the discriminator between Direct Manufacturing Labor and Engineering Labor in the following example?

  Determine the alternative treatment of prepaid expenses

Understanding the alternative treatment of prepaid expenses At the beginning of the year, office supplies of $800 were on hand.

  Below each entry write a brief explanation of the

below each entry write a brief explanation of the transaction that might appear in the general journal.a

  What is the default risk premium on the corporate bonds

what is the default risk premium on the corporate bonds? Round your answer to two decimal places.

  Calculate vintage return on equity

The total assets to equity ratio for the firm is 2.2. Calculate Vintage's return on equity.

  What is the implied risk-free rate of interest

Assuming no arbitrage is possible, what is the implied risk-free rate of interest?

  What is the correct price for the coupon bond

What is the correct price for the coupon bond at time zero (immediately)?

  What is the after-tax cost of preferred stock

What is the after-tax cost of preferred stock if the firm's tax rate is 36%? (Round your answer to 2 decimal places.)

  Find the most exchange rate quotes

1. Where would you look find the most exchange rate quotes?

  Global interaction of interest rates

Why might you expect interest rate movements of various indus- trialized countries to be more highly correlated in recent years than in earlier years?

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