essentials of

Question 10 10 pts During the most current year, XYZ Corp paid $62,250 in interest and $72,450 in dividends. In order to fund a large expansion, the company also raised $297,000 in new equity and borrowed $191,000 via the bond market, though a portion of the new borrowing was used to pay back $170,000 in bonds that were maturing this year. Calculate the Cash Flow to Shareholders. Hint: Cash flow to shareholders in this case is likely to be negative because of the large amount of new equity raised, ie a large amount of cash flowing from shareholders to the company. Note: You may enter you answer with or without a comma to separate thousands. If your answer is a negative number, enter a negative sign before the number. For example, if your calculated cash flow is $53,452 you may enter it as: 53,452 or 53452, if it is negative $53,452 you may enter it as: -53,452 or-53452 Question 8 10 pts Sample Income Statement Items Current Year Revenues $ 192,000 Cost of Sales 118,600 Selling, General, & Admin. Expenses 41,700 Depreciation 9,500 Interest Expense 1,300 Tax Expense Net Income ? ? The table above contains select income statement items for XYZ Corp for the current year. Based on the information above, and assuming a tax rate of 30%, calculate the Net Income for XYZ Corp for the current year. Note: Round your answer to the nearest dollar. For example, if your calculated Net Income is $6,784.826 enter it as 6,785 or 6785. Question 6 10 pts During the most recent quarter XYZ Corp had $2.0 million in revenues and $920,300 in expenses. The company also paid $184.060 in dividends to shareholders. Which of the following represents net income for the quarter? If the amount is in parentheses it represents a net loss for the quarter. $895,640 $1,815940 $1,079.700 $2.184.060