Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help with question 10-15 Question 10 1 pts Which of the following statements is incorrect? All the answers are correct except one. Net

I need help with question 10-15 image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Question 10 1 pts Which of the following statements is incorrect? All the answers are correct except one. Net working capital - Total current assets - Total current liabilities. The straight-line depreciation results in higher depreciation expenses to the balance sheet, which results in lower EBT and lower tax payments. The statement of cash flows shows the company's cash inflows (receipts) and cash outflows (payments and investments) for a period of time. Long-term liabilities include bonds, bank term loans, mortgages, and other types of liabilities, such as pension obligations and deferred compensation Question 11 1 pts Which of the following statements is incorrect? All the answers are correct except one. The liquidity of an asset is defined by how quickly it can be converted into cash without loss of value. The straight-line depreciation results in lower depreciation expenses to the income statement, which results in higher EBT and higher tax payments. Common stock owners have the right to receive cash dividends. O Net working capital - Total assets - Total liabilities. D Question 12 1 pts Texus Corporation had current assets of $101,100 and current liabilities of $86,213 at the beginning of the year. And, as of the end of that year, the current assets are $98,900 and the current liabilities are $106,809. The depreciation expense for 2006 is $11,200 and the interest paid is $4,600. What is the amount of the cash flow to Net Working Capital CFNWC? O $6,978 O $6.978 0-$14,887 O $7.909 O $22,796 Question 13 ' 1 pts Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $335,485, accounts payables worth $1,159,357, inventory of $1,651,599, accounts receivables of $1,488,121, short-term notes payable worth $313,663, and other current assets of $121,427. What is the company's net working capital? $1,673,421 $2,123,612 O none of the answers is correct $3,596,632 $1,801.784 Create New Custo a 990 Question 14 1 pts Caterpillar Corporation paid $23,000 in dividends and $39,700 in interest over the past year. Sales totaled $178,900 with costs of $99,300. The depreciation expense was $13,200. The applicable tax rate is 35 percent. What is the amount of Cash Flow from Operating Activities, CFOA? $61,655 O $68,345 $70,255 O $47.255 O $30,555 Question 15 1 pts Longerton Corporation has net sales of $982,500 and costs of $789,100. The depreciation expense is $124,700 and the interest paid is $23,100. What is the amount of the firm's CFOA if the tax rate is 34 percent? O $177,896 O $53,196 O $154,796 $30,096 $200.996

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Finance questions

Question

What is meant by formal organisation ?

Answered: 1 week ago

Question

What is meant by staff authority ?

Answered: 1 week ago

Question

Discuss the various types of policies ?

Answered: 1 week ago

Question

Briefly explain the various types of leadership ?

Answered: 1 week ago