What is the cash flow from assets

Assignment Help Finance Basics

Reference no: EM131794412

Question: Precision Manufacturing had the following operating results for 2014: sales = $38,900; cost of goods sold = $24,600; depreciation expense = $1,700; interest expense = $1,400; dividends paid = $1,000. At the beginning of the year, net fixed assets were $14,300, current assets were $8,700, and current liabilities were $6,600. At the end of the year, net fixed assets were $13,900, current assets were $9,200, and current liabilities were $7,400. The tax rate for 2014 was 34 percent. What is the cash flow from assets for 2014?

Reference no: EM131794412

Questions Cloud

Discuss what is dollar value of the tax shield on that debt : What is the dollar value of the tax shield on that debt for the current year

How much stress is induced in the film due to the cooling : How much stress is induced in the film due to the cooling of the wafer from 800°C to 25°C? Is the stress tensile or compressive?

What is the utilization of your employee : What is the utilization of your employee. As a casual observer, how many people would you expect to see in the camera department (not counting your employee?

At what sales volume would the two stores have equal profits : Store B has fixed costs of $200,000 per month and a variable cost ratio of 30%. At what sales volume would the two stores have equal profits

What is the cash flow from assets : Precision Manufacturing had the following operating results for 2014: sales = $38,900; cost of goods sold = $24,600; depreciation expense = $1,700.

Will atoms move from a concave region to a convex region : Explain both in terms of the force equations for reflow as well as in terms of the atomistic picture.

What does the term noncontrolling interest mean : What does the term noncontrolling interest mean? Where should the noncontrolling interests claims be reported in a consolidated set of financial statements

How many returns does this liberty tax office : How many returns does this Liberty Tax office need to have to break even

What ethical challenges can a company face : How does the concept of limited liability impact business decisions - What ethical challenges can a company face while issuing stock other than cash

User Account

All Pages