What is the cash flow from assets for 2011

Reference no: EM13293676

Zigs Industries had the following operating results for 2011: sales = $27,360; cost of goods sold = $19,260; depreciation expense = $4,860; interest expense = $2,190; dividends paid = $1,560. At the beginning of the year, net fixed assets were $16,380, current assets were $5,760, and current liabilities were $3,240. At the end of the year, net fixed assets were $20,160, current assets were $7,116, and current liabilities were $3,780. The tax rate for 2011 was 34 percent.

a. What is net income for 2011?

b. What is the operating cash flow for 2011?

c. What is the cash flow from assets for 2011? (Negative amount should be indicated by a minus sign.)

d1. If no new debt was issued during the year, what is the cash flow to creditors?

d2. If no new debt was issued during the year, what is the cash flow to stockholders? (Negative amount should be indicated by a minus sign.)

Reference no: EM13293676

Questions Cloud

How much will the company earnings per share be diluted : Based on that information, what long-run growth rate can the firm be expected to maintain? (Hint: g = Retention rate x ROE.)

Determine the pendulums length : A pendulum makes 24 oscillations in 39s. The period is 1.6 s 1. Find the pendulum's length

Determine shunt resistance needed to convert ammeter : Determine the shunt resistance needed to convert a galvanometer to an ammeter with a full scale reading of 10A if the scale requires 2.5mAto cause full deflection with a coil resistance of 10Ω.

Determine the maximum inductance of the tank circuit : A tank circuit in a radio transmitter is a series RCL circuit connected to an antenna. determine the maximum inductance of the tank circuit

What is the cash flow from assets for 2011 : What is the cash flow from assets for 2011? (Negative amount should be indicated by a minus sign.)

Hoe to produce a logic diagram for the design : A circuit is needed to divide a 10 Hz signal down to 1 Hz using only a 7493 4-bit counter. Produce a logic diagram for the design.

Determine the bodys capacitive reactance : In one measurement of the body's bioelectric impedance, values of Z = 5.62 x 102 and = -9.14° are obtained for the total impedance, Determine the bodys capacitive reactance

Determine whether there are electronic privacy laws : Determine whether there are "electronic privacy laws" that can prevent others frmo having access to "private information" as well as how effective they are.

What dividend did the stock pay : A financial advisor claims that a particular stock earned a totalreturn of 10 percent last year. During the year the stock pricerose from $30-$32.50. What dividend did the stock pay?

User Account

All Pages