Mickler Industries had the following operating results for the current year: Net sales = $65,000; Cost of goods sold = $20,500; Selling and administrative expenses = $10,000; Depreciation expense = $2,500; Interest expense = $2,000; Dividends paid = $500. What is net income if the tax rate is 50 percent?

A firm has $450 in inventory, $700 in plant and equipment, $250 in accounts receivable, $50 in accounts payable, and $100 in cash. What is the amount of the total current assets?

At the beginning of the year, a firm has current assets of $525 and current liabilities of $350. At the end of the year, the current assets are $500 and the current liabilities are $400. What is the change in net working capital?

A firm has a return on equity (ROE) of 15 percent. The debt-to-equity ratio is 50 percent. The total asset turnover is 1.25 and the net profit margin is 5 percent. If the firm's total equity is $3,200, what is the amount of the net income?

Suppose an executive has been granted 1,000 stock options (the right to buy at the strike price) with a strike price equal to the current stock price of $3.00 per share.What is the manager's payoff if these options are exercisedwhen the stock price is $3.75 per share?

Your firm has total sales of $1,200. Total costs are $710 and depreciation is $140. Interest expense is $100. The tax rate is 30%. What is the cash flow from operating activity (CFOA)?