What was the firm operating cash flow

Assignment Help Financial Management
Reference no: EM131575651

The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,420,000, $144,000 in the common stock account and $2,690,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed long-term debt of $1,620,000, $154,000 in the common stock account and $2,990,000 in the additional paid-in surplus account. The 2014 income statement showed an interest expense of $96,000 and the company paid out $149,000 in cash dividends during 2014. The firm’s net capital spending for 2010 was $1,000,000, and the firm reduced its net working capital investment by $129,000.

What was the firm’s operating cash flow during 2014?

Reference no: EM131575651

Questions Cloud

Company is expected to maintain constant : The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. If the stock sells for $40 a share,
Other investments of equal risk-what is its present value : If other investments of equal risk earn 10% annually, what is its present value?
Compute road-master inc free cash flow : Compute “Road-Master Inc.”’s free cash flow for 2016, and its Return On Invested Capital (ROIC) for the years 2015, and 2016.
Find the disposal tax effect for the asset : Find the disposal tax effect for the asset if sold after 5 years for the following prices:
What was the firm operating cash flow : What was the firm’s operating cash flow during 2014?
Determine the internal rate of return on the project : Determine the internal rate of return on the following project.
Minimum price that six-month american call option : What is the minimum price that a six-month American call option with a striking price of $0.6800 should sell for in a rational market?
Should green gadgets cut its dividend : What is the investor's required rate of return for Green Gadgets' stock ( )% Should Green Gadgets cut its dividend?
Calculating eac-financial analyst for dossman metal? works : Calculating EAC-Barry Boswell is a financial analyst for Dossman Metal? Works, Which of the alternatives do you think Barry should? select? Why?

Reviews

Write a Review

Financial Management Questions & Answers

  Why would carson use the given approach

Carson Ltd uses sensitivity analysis that allows for alternative exchange rate scenarios. Why would Carson use this approach rather than using the pegged exchange rate as its exchange rate forecast in every year?

  What is the difference in value of the bond

Shelly Inc. bonds have a coupon rate of 10%. The bonds mature in 10 years. Their par value is $1,000 if your required rate of return is 12%. What is the difference in value of the bond if its coupon is paid semiannually compared to annually?

  Working capital will revert back to normal at end of project

Your firm is contemplating the purchase of a new $663,000 computer-based order entry system. The system will be depreciated straight-line to zero over its six-year life. It will be worth $52,000 at the end of that time. Working capital will revert ba..

  Cause dividends per share to fluctuate the most

Which of the following dividend policies will cause dividends per share to fluctuate the most?

  Management is evaluating two mutually exclusive projects

Jekyll & Hyde Corp. management is evaluating two mutually exclusive projects. Calculate NPV and IRR of two projects.

  Calculate at what price the bonds are issued

Assuming the market rate of interest is 6%, calculate at what price the bonds are issued.

  What should be the average beta of the new stocks

What should be the average beta of the new stocks added to the portfolio?

  The cost of equity be if the debt-equity ratio were zero

Crosby Industries has a debt-equity ratio of 1.2. Its WACC is 13 percent, and its cost of debt is 4 percent. There is no corporate tax. What is Crosby’s cost of equity capital? What would the cost of equity be if the debt-equity ratio were 2? What wo..

  What is the effective annual return

Maybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,400 monthly. What is the effective annual return?

  Thinking and techniques may benefit a hospital

Explain FIVE different ways in which operations management thinking and techniques may benefit a hospital.

  What is your corporation tax liability

What is your corporation's tax liability if it has the following cash flows, assuming a marginal tax rate of 40% on all income?

  What is the value of ten percent annual coupon

What is the value of a 10 percent annual coupon, $1,000 par value bond with 20 years to maturity if the required rate of return on the bond is 12 percent?

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