Firm A has compiled the following information: Sales Interest paid long-term debt Common stock Depreciation Accounts receivable Other costs Inventory Accounts payable Cost of goods sold Cash Taxes Net fixed assets Retained earnings 2009 $427,400 19.800 260.000 150.000 24,600 38.200 58,400 58.800 36.800 274.200 41.500 11.400 336.900 28.600 2010 $511.500 21.600 295.000 160.000 23.500 34.900 61.100 56.800 32.900 289 300 36.700 39 400 392 200 32.700 What is the Net capital spending (Investment in fixed assets) in 2010? Answer: arm A has compiled the following information: Sales Interest paid Long-term debt Common stock Depreciation Accounts receivable Other costs Inventory Accounts payable Cost of goods sold Cash Taxes Net fixed assets Retained earnings 2009 $427,400 19,800 260,000 150,000 24,600 38.200 58,400 58.800 36,800 274.200 41.500 11,400 336.900 28.600 2010 $511,500 21,600 295,000 160,000 23,500 34,900 61,100 56,800 32,900 289,300 36.700 39,400 392.200 32,700 What is the Operating Cash Flow in 2010? (Answer in numbers only, e.g. 100000, no dollar sign required.) Answer: Sales Interest paid Long-term debt Common stock Depreciation Accounts receivable Other costs Inventory Accounts payable Cost of goods sold Cash Taxes Net fixed assets Retained earnings 2009 $427,400 19,800 260,000 150,000 24,600 38.200 58.400 58.800 36.800 274,200 41.500 11.400 336.900 28.600 2010 $511.500 21.600 295,000 160,000 23.500 34,900 61.100 56.800 32.900 289,300 36,700 39,400 392.200 32,700 What is the Change in Working Capital in 2010? (Answers in number only, e.g. 100000, negative value possible, e.g. -100000) Answer: Firm A has compiled the following information: Sales Interest paid Long-term debt Common stock Depreciation Accounts receivable Other costs Inventory Accounts payable Cost of goods sold Cash Taxes Net fixed assets Retained earnings 2009 $427,400 19,800 260.000 150,000 24,600 38.200 58.400 58.800 36.800 274 200 41.500 11.400 336.900 28.600 2010 $511.500 21,600 295,000 160,000 23,500 34,900 61,100 56.800 32.900 289,300 36,700 39,400 392.200 32.700 What is the Free Cash Flow in 2010? (Answers in number only, e.g. 100000, negative value possible, e.g. -100000) Answer: Justin is planning on retirement investment, if invested at 6 percent per year (6%p.a. is APR, interest compounded monthly), he wish to have $3,500 of monthly income for 30 years. To date, he has saved $100,000, but he still has 20 years until he retires. He would need to have in 20 years time to yield the $3,500 monthly payments for an additional 30 years. Calculate how much shall be accumulated at the time of retirement to meet his needs. (Provide your answer up to 2 decimal places, give your answer in a positive number) Answer: Justin is planning on retirement investment, if invested at 6 percent per year (6%p.a. is APR, interest compounded monthly), he wish to have $3,500 of monthly income for 30 years. To date, he has saved $100,000, but he still has 20 years until he retires. How much money does he need to contribute per month to reach his goal? (Give your answer in 2 decimal places, provide your answer as a positive number.)