Question
I don't need any work for these questions! I just need the last answer please! ================================================= 1) A firm has common stock of $125, paid-in
I don't need any work for these questions! I just need the last answer please!
=================================================
1) A firm has common stock of $125, paid-in surplus of $250, total liabilities of $380, current assets of $420, and fixed assets of $620. What is the amount of the shareholders' equity?
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2) Jake owns The Corner Market which he is trying to sell so that he can retire and travel. The Corner Market owns the building in which it is located. This building was built at a cost of $1,200,000 and is currently appraised at $1,470,000. The counters and fixtures originally cost $673,000 and are currently valued at $444,000. The inventory is valued on the balance sheet at $348,000 and has a retail market value equal to 1.2 times its cost. Jake expects the store to collect 95 percent of the $179,200 in accounts receivable. The firm has $10,700 in cash and has total debt of $1,430,000. What is the market value of this firm?
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3) The tax rates are as shown.
Taxable Income | Tax Rate |
$0 - 50,000 | 15% |
50,001 - 75,000 | 25% |
75,001 - 100,000 | 34% |
100,001 - 335,000 | 39% |
What is the average tax rate for a firm with taxable income of $132,649?
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4) The tax rates are as shown.
Taxable Income | Tax Rate |
$0 - 50,000 | 15% |
50,001 - 75,000 | 25% |
75,001 - 100,000 | 34% |
100,001 - 335,000 | 39% |
Nevada Mining currently has taxable income of $80,900. How much additional tax will the firm owe if taxable income increases by $22,200?
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5) Crandall Oil has total sales of $1,300 and costs of $745. Depreciation is $153 and the tax rate is 34 percent. The firm does not have any interest expense. What is the operating cash flow?
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6) At the beginning of the year, a firm has current assets of $386 and current liabilities of $252. At the end of the year, the current assets were $411 and the current liabilities were $292. What is the change in net working capital?
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7) At the beginning of the year, the long-term debt of a firm was $290 and total debt was $330. At the end of the year, long-term debt was $240 and total debt was $340. The interest paid was $33. What is the amount of the cash flow to creditors?
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8) The Daily News had net income of $372 of which 44 percent was distributed to the shareholders as dividends. During the year, the company sold $80 worth of common stock. What is the cash flow to stockholders?
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9) Which one of the following will increase the cash flow from assets, all else equal?
a)decrease in cash flow to stockholders | |
b) | decrease in operating cash flow |
c) | increase in the change in net working capital |
d) | decrease in cash flow to creditors |
e) | decrease in net capital spending |
Thank you so much :) ..
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