stcuk on 14,16,18,20 please show steps if possible!
L04 14. JA Calculating Cash Flows Weiland Co. shows the following information on its 2019 income statement: sales - $178,000, costs - 5103,600 other expenses $5.100: depreciation expense - $12,100 interest expense - $8.900, taxes - $12,705 dividends - $10,143. In addition, you're told that the firm issued $2.900 in new equity during 2019 and redeemed $6.000 in outstanding long term debt. a. What is the 2019 operating cash flow? b. What is the 2019 cash flow to creditors! c. What is the 2019 cash flow to stockholders? d. If net fixed assets increased by $23.140 during the year, what was the addition to NWC? LO2 15. Using Income Statements Given the following information for Ted's Dread Co. calculate the depreciation expense: sales - $68.500 costs - SS1,700; addition to retained earnings - $4.500 dividends paid - $2.420 interest expense - $2.130: tax rate - 21 percent. LOI 16. Preparing a Balance Sheet Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019. based on the following information cash - $207.000; patents and copyrights - 5871.000; accounts payable - $293.000 accounts receivable - $265.000 tangible net fixed assets - $5.270.000 inventory - 5579,000 notes payable - $20.000 accumulated retained earnings - $4.676.000 long term debt - $1,680,000, LOI 17 Residual Claims Tremonti, Inc., is obligated to pay its creditors $7.900 during the year What is the value of the shareholders' equity if assets equal $9.1009 b. What if assets equal $6.900 LO2 18 Net Income and OCE During the year. Belyk Paving Co. had sales of $2.275.000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1.285.000, $535,000, and $420,000, respectively. In addition, the company had an interest expense of $245.000 and a tax rate of 21 percent Ignore any tax loss carryforward provision and assume interest expense is fully deductible.) a. What is the company's net income? b. What is its operating cash flow? c. Explain your results in parts(a) and (b) LO) 19. Accounting Values versus Cash Flow In Problem 18. suppose Betyk Poving Co. paid out $170,000 in cash dividends. Is this possibleIf net capital spending was zero. no sew investments were made in net working capital, and no new stock was issued during the year, what do you know about the tem's long term debt account? 104 20 Calculating Cash Flows Prescott Football Manufacturing had the following operating results for 2019 sales - 529. cod of good - $31.63 depreciation expense - $3.470 interest expense - $514: dividends paid $825. At the beginning of the year, net fixed assets were $19.871. current assets 1557 am zarch BI DOLL LO2 19. LO 20 e. Explain your results in parts (a) and (b). Accounting Values versus Cash Flows In Problem 18. suppose Belyk Paving Co. paid out $370,000 in cash dividends. Is this possible? If net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year, what do you know about the firm's long term debit account? Caleulating Cash Flow Prescott Football Manufacturing had the following operating results for 2019: sales - $29.872, cost of goods sold - $21.612. depreciation expense - $3.470; interest expense - $514: dividends paid - $825. Al the beginning of the year, net fixed assets were $19.872, current assets were $1.557 and current liabilities were $3.110. At the end of the year net fixed assets were $22.987. current assets were 54,381, and current liabilities were $2.951. The tax rate for 2019 was 24 percent a. What is net income for 20192 5. What is the operating cash flow for 2019 c. What is the cash flow from assets for 2019? Is this possible? Explain d. If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to stockholders? Explain and interpret the positive and negative signs of your answers in parts (a) through (d) Calculating Cash Flows Consider the following abbreviated financial statements for Cabo Wabo. In Pro 10421 CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 ch DELL
