What was the firms operating cash flow during 2014

Assignment Help Finance Basics
Reference no: EM13256805

The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, $141,000 in the common stock account and $2,660,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed long-term debt of $1,590,000, $151,000 in the common stock account and $2,960,000 in the additional paid-in surplus account. The 2014 income statement showed an interest expense of $94,500 and the company paid out $146,000 in cash dividends during 2014. The firm's net capital spending for 2014 was $970,000, and the firm reduced its net working capital investment by $126,000.

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

Reference no: EM13256805

Questions Cloud

Explain thermometer is position too high in the distillation : if the thermometer is position too high in the distillation adapter how would this affect your boiling point
Determine what is the period and frequency of x : Let x(t) = |cos120pit| a periodic signal. Plot x(t). What is the period and frequency of x(t). Expand x(t) in trigonometric Fourier series Hint: use the plot to find the Fourier coefficients.
Behavior metrics shows the number of sessions : Which of the following behavior metrics shows the number of sessions that included a view of a page? To Calculate ROI correctly, google analytics needs (select all that apply) Which two metrics below would be best KPIs for measuring the performance o..
Determine the initial speeds of both pucks : Two identical pucks are placed on a collision course on an air table as shown. After the collision puck A has a final velocity of 5 cm per second, Determine the initial speeds of both pucks
What was the firms operating cash flow during 2014 : The firm's net capital spending for 2014 was $970,000, and the firm reduced its net working capital investment by $126,000.
Create alarge nine-cell diagram to represent matrix for firm : Construct alarge nine-cell diagram that will represent your TOWS matrix for the firm. Label the cells appropriately and suggest 5-10 strategiesusing TOWS matrix.
Making entries in the books of the company : All the debentures were fully subscribed and allotted. Application and Allotment money were received on 8th and 12th July1990 respectively. You are required to make entries in thebooks of the company.
How business create value : You are considering opening a shop in a nearby mall that willsell specilaty T-shirts. T-shirts, containing designs and words selected by customers, will be produced for customers on order.
Where should you clamp the meter stick : you take a 100 g uniform meter stick and hang 200 g on the 10 cm mark, where should you clamp the meter stick so that it is in balanace

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the unit product cost

HJ Turner Company produces a single product. Information concerning the company's operations last year appear given below:

  Annuity payments from insurance policy

Sarah is age 73 and has a great deal of difficulty living independently, as she suffers from severe arthritis.How much income must Sarah report if she elects the annuity? How much income would Sarah have to report if her nursing home bills amounted..

  Computing the stock price

The growth rate for McDonalds is expected to be 10 percent for one year. After that, the dividend rate is expected to grow at a rate of 6 percent indefinitely.

  What is the return on stockholder''s equity?

Jerry Rice Stores has $4,000,000 in yearly sales. THe firm earns 3.5% on each dollar of sales and turns over its assets 2.5 times per year. It has $100,000 in current liabilities and $300,000 in long-term liabilities.

  Global investment banking process

How the global investment banking process has assisted the organization in how they do business overseas.

  Measure, model, and forecast the volatility of bond returns

Measure, model, and forecast the volatility of bond returns in Canada, Determine the optimal hedge ratio for a spot position in cattle or oil markets

  Explain what is the cost of financing and wacc

Explain What is the cost of financing and WACC and what is the after-tax cost of debt financing

  Explaining parent-subsidiary relationship between companies

Parent-Subsidiary relationship between companies develops when one company owns greater than 50% of another company voting stock.

  Investment and portfolio analysis assignment

Investment and Portfolio Analysis Assignments

  Find the false statement

Robin began taking required minimum distributions from her profit sharing plan in 2010. In 2013 Find the false statement.

  Free cash flow method of business valuation focus

Multiple choice questions on Cash flow method and sources of external capital and What does the free cash flow method of business valuation focus on?

  Discuss the primary purpose of an organization

Discuss and explain the differences in functions between the Accounting Department of a firm, its Finance Department and its outside accounting firm.

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