Reference no: EM13971136
Zigs Industries had the following operating results for 2011: sales = $31,140; cost of goods sold = $20,160; depreciation expense = $5,580; interest expense = $3,090; dividends paid = $1,850. At the beginning of the year, net fixed assets were $17,180, current assets were $5,940, and current liabilities were $3,525. At the end of the year, net fixed assets were $21,060, current assets were $7,634, and current liabilities were $4,080. The tax rate for 2011 was 30 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?
d-1 If no new debt was issued during the year, what is the cash flow to creditors?
d-2 If no new debt was issued during the year, what is the cash flow to stockholders?
|
Describe five steps of the systems development life cycle
: Describe briefly the five steps of the systems development life cycle. Summarize the six steps of the preliminary investigation and the project triangle.
|
|
Both bonds make annual payments
: Bond P is a premium bond with a 8 percent coupon. Bond D is a 3 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 5 percent, and have eight years to maturity. What is the current yield for bond P and ..
|
|
Calculate the value of your companys stock
: Discuss Home Depot, Inc stock choice; include stock’s economic, industry, and company analysis; include some ideas about how you can calculate the value of your company’s stock,
|
|
Does this policy appear to be appropriate
: Janes's Auto World has a policy of placing an order for 27 of the most popular model whenever inventory reaches 20. Lead time on delivery is two weeks, and 25 automobiles are currently on hand. Simulate 15 weeks's worth of sales using the followin..
|
|
What is the cash flow to stockholders-operating cash flow
: Zigs Industries had the following operating results for 2011: sales = $31,140; cost of goods sold = $20,160; depreciation expense = $5,580; interest expense = $3,090; dividends paid = $1,850. At the beginning of the year, net fixed assets were $17,18..
|
|
Computer to function properly
: The guidance system of a ship is controlled by a computer that has three major modules. In order for the computer to function properly, all three modules must function. Two of the modules have reliabilities of .97, and the other has a reliability ..
|
|
Develop a plan to address the situation
: Analyze how this scenario affects the organization - identify why this division may have occurred. Examine two explicitly different scenarios that may have led to this condition.
|
|
About the stock split
: A stock split
|
|
According to tax effect theory-investors prefer dividends
: According to the tax effect theory, investors prefer dividends and, as a result, the higher the payout ratio, the higher the value of the firm. According to the dividend preference (bird-in-the-hand) theory, investors prefer cash to paper (stock), so..
|