What was the companys operating cash flows

Assignment Help Accounting Basics
Reference no: EM131298103

Sydco is in the bowling ball industry and you are interviewing for a position as chief accountant in their Dallas office. In order to assure the management staff that you are qualified for the job, one of the tasks they have asked you to do is an evaluation of useful data into a form that can be used by all of management. You have been given the following information:

Sydo Summary

Gross Income

 $  360

Depreciation Expense

 $  81

Tax Rate

 40%

After Tax Cost of Capital

 9%

Operating Income

 $  30

Interest Expense

 $  8

Current Assets

 $  196

Net Plant and Equipment

 $  126

Current Liabilities

 $  87

   


What was net income for the period?

- What was the companys net operating profit after tax?

- What was the companys operating cash flows?

- What was the companys net cash flow?

- How would you assess the firm's financial condition, assuming these numbers are accurate? one month ago

Reference no: EM131298103

Questions Cloud

Explain how the pricing of your product will be determined : Describe in detail how the product you plan to produce is different from those offered by competitors. Identify any advantages of your product over those of the competition.
Formal report on reduction of business : have 1,750 to 2,450 word research driven long, formal report on reduction of business costs due in 5 days. It must include a list of illustrations, an abstract, introduction, discussion, conclusion, glossary, and references, and I honestly don't ..
How business will distribute the product to customers : Can the unique features of your product be protected from competitors? Describe how your business will distribute the product to customers?
What are the cultural nonverbal cues that you notice : What are the cultural nonverbal cues that you notice? Describe five different nonverbal codes that you see, and then explain the function of each and what you assume each means.
What was the companys operating cash flows : What was the companys net operating profit after tax and what was the companys operating cash flows?
Describe how your business will promote its product : Describe how your business will promote its product. Will it use media to advertise? If so, how?- Estimate the amount of money that will be allocated for promotion during the first year?
What is function of this rite within the particular society : What is the function of this rite within the particular society? How do American rites of passage, such as those you have experienced personally, differ from other rites of passage (see section 6.4, Puberty Rituals)?
Miscommunications that turn out to be very problematic : Describe a time when something you said was misinterpreted by the receiver in a way that had some very negative effects. In retrospect, was there something that you could or should have been done differently? Why do we sometimes run into these mis..
Construct len''s total variable cost and total cost schedules : Len's body board factory pays $60 a day for equipment and $200 a day to each student it hires. Table 1 sets out Len's total product schedule.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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