What was your free cash flow year

Assignment Help Finance Basics
Reference no: EM132355770

Our revenues were $3 million this year. You paid out $500,000 in salaries and your only other cash outflow was the purchase of a piece of construction equipment for $1 million that is to be depreciated to a zero-salvage value on a straight-line basis over the next 10 years. If your tax rate is 21%, what was your free cash flow this year?

Reference no: EM132355770

Questions Cloud

Write a function collinear that takes a list of pairs : Write a function collinear () that takes a list of pairs (tuples) as an argument, where each pair again represents a point on a plane.
What is the tax on al home : The home of Al Gard is assessed at $70,000. The tax rate is 6.15 mills. What is the tax on Al's home? (Round your final answer to the nearest cent.)
What is joe monthly payment : Joe Levi bought a home in Arlington, Texas, for $132,000. He put down 30% and obtained a mortgage for 30 years at 5%.
What is the real risk-free rate : 5-year Treasury bonds yield 5%. The inflation premium (IP) is 1.9%, and the maturity risk premium (MRP) on 5-year bonds is 0.4%. What is the real risk-free rate
What was your free cash flow year : If your tax rate is 21%, what was your free cash flow this year?
What is the sopt interest rate for the five-year maturity : Suppose the market price for a eight-year pure discount bond with a face value of $1,000 is $500. What is the sopt interest rate for the five-year maturity
What is the annual operating cash flow : The annual depreciation is $4,650 and the tax rate is 40 percent. What is the annual operating cash flow?
Print a calendar that suits his needs : Observe that the week starts on Monday. An adventurous CompSci student believes that it is better mental chunking to have his week start on Thursday.
Write a program to solve a simple payroll calculation : Write a program to solve a simple payroll calculation. Find the amount of pay given, hours worked, and hourly rate. Display hourly rate, hours worked, and pay.

Reviews

Write a Review

Finance Basics Questions & Answers

  Inflation rate will be over the next year

Bill Bernanke thinks the total real return on this investment will be only 5.5 percent. What does Bill believe the inflation rate will be over the next year?

  Calculate the profit or loss on the stock index

Say two months later the portfolio is valued at 25,500,000 and the S&P is at 2500. Calculate the profit/loss on the stock index futures position

  Doug heffernan is considering purchasing a bond

If the YTM on this bond is 7.50 percent, how much should Doug pay for this bond if she purchases the bond today?

  Find the price of the put option

Take the volatility of the return on SPX to be 15% and the risk-free rate to be 6%. Find the price of the this put option.

  On which stocks should you put a sell order in

You know that there are informed traders in the stock market, but you are uninformed. Describe an investment strategy that guarantees that you will not lose money to the informed traders and explain why it works.

  Determine the net cost of the call premium

Buchanan Corporation is refunding $12 million worth of 10% debt. The corporation's tax rate is 35%. The call premium is 9 percent.

  Dick and jane and their dog spot have just purchased a

dick and jane and their dog spot have just purchased a house and are calculating how much money they will need when the

  What is the payback period for project

What is the payback period for each project? Which project would you accept based on the payback period and why? What is the discounted payback for each period? Which project would you accept based on the discounted payback criterion and why?

  Manager of a large organization

As the manager of a large organization, discuss your major functions in detail.

  Determine the monthly compounding

If you bought a $1,000 face value CD that matured in nine months, and which was advertised as paying 9% annual interest, compounded monthly, how much would you receive when you cashed in your CD at maturity?

  Explain what is continuous improvement

Explain what is continuous improvement and how to apply it to resource efficiency?

  Why did accumulated depreciation increase during 2008

Johnson & Johnson uses the straight-line method of depreciation. If the company used an accelerated method, what effect would that decision have on the balance sheet?

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