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I need the following 10 questions answered within the next hour and 45 minutes. 1. Penguin Pucks, Inc., has current assets of $5,000, net fixed

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I need the following 10 questions answered within the next hour and 45 minutes.

image text in transcribed 1. Penguin Pucks, Inc., has current assets of $5,000, net fixed assets of $23,000, current liabilities of $3,500, and long-term debt of $7,900. What is the value of the shareholders' equity account for this firm? How much is net working capital? 2. Billy's Exterminators, Inc., has sales of $646,000, costs of $286,000, depreciation expense of $38,000, interest expense of $29,000, and a tax rate of 35 percent. What is the net income for this firm? 3. Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $8 million. The machinery can be sold to the Romulans today for $7.4 million. Klingon's current balance sheet shows net fixed assets of $6 million, current liabilities of $790,000, and net working capital of $246,000. If all the current assets were liquidated today, the company would receive $1.13 million cash. What is the book value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.) What is the market value? 4. Chevelle, Inc., has sales of $45,500, costs of $20,200, depreciation expense of $2,000, and interest expense of $1,200. If the tax rate is 35 percent, what is the operating cash flow, or OCF? 5. Earnhardt Driving School's 2010 balance sheet showed net fixed assets of $3.8 million, and the 2011 balance sheet showed net fixed assets of $4.1 million. The company's 2011 income statement showed a depreciation expense of $415,000. What was net capital spending for 2011? (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.) 6. The 2010 balance sheet of Greystone, Inc., showed current assets of $2,930 and current liabilities of $1,390. The 2011 balance sheet showed current assets of $2,945 and current liabilities of $1,635. What was the company's 2011 change in net working capital, or NWC? (Negative amount should be indicated by a minus sign.) 7. The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $3.5 million, and the 2011 balance sheet showed long-term debt of $3.7 million. The 2011 income statement showed an interest expense of $115,000. What was the firm's cash flow to creditors during 2011? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, i.e. 1,234,567. 8. The 2010 balance sheet of Maria's Tennis Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additional paid-in surplus account. The 2011 balance sheet showed $570,000 and $2.5 million in the same two accounts, respectively. If the company paid out $320,000 in cash dividends during 2011, what was the cash flow to stockholders for the year? (Enter your answer in dollars, not millions of dollars, i.e. 1,234,56) 9. The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.1 million, and the 2011 balance sheet showed long-term debt of $6.30 million. The 2011 income statement showed an interest expense of $210,000. During 2011, Maria's Tennis Shop, Inc. realized the following: Cash flow to creditors $ 10,000 Cash flow to stockholders $ 65,000 Suppose you also know that the firm's net capital spending for 2011 was $1,460,000, and that the firm reduced its net working capital investment by $87,000. What was the firm's 2011 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.)

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