er Edition Prsentation Aller Outils Fentre Aide 1 David CARDOSO FIN310 a Essentials-of-Corporate-Finance.pdf (page 84 sur 683) e/agrandir Partager Essentials-of-Corporate-Finance.pdf (page 84 sur Surbrillance Pivoter Annote Strawberry Corp. as of December 31, 2016, based on the following information: cash $197,000; patents and copyrights $863,000 payable $288,000: accounts receivable $265,000; tangible net fixed assets $5,150.000; inventory $563,000; notes payable $194,000: accumulated retained earnings = $4,586,000; long-term debt = $1,590,000. 683) accounts LO117. Residual Claims. Chevelle, Inc, is obligated to pay its creditors $8,400 during the year a. What is the value of the shareholders' equity if assets equal $9. 300? b. What if assets equal $6,900? LO 3 18. Marginal versus Average Tax Rates. (Refer to Table 2.3.) Corporation Growth has $76,500 in taxable income, and Corporation Income has $7,650,000 in taxable income a. What is the tax bill for each firm? b. Suppose both firms have identified a new project that will increase taxable income by $10,000. How much in additional taxes will each firm pay? Why is this amount the same? During the year, Belyk Paving Co. had sales of $2,350,000. Cost of goods sold, administrative and selling expenses, ancd depreciation expense were $1,295,000, $530,000, and $420,000, respectively. In addition, the company had an interest expense of $245,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.) a. What is the company's net income? 19. Net Income and OCF. LO 2 b. What is its operating cash flow? c. Explain your results in parts (a) and (b) Paving Co. paid out $395,000 in cash dividends. Is this possible? If net anital spending was zero, no new investments were made in net working In Problem 19, suppose Belyk 20. Accounting Values versus Cash Flows. LO 2 s issued during the year, what do you know