Question
Use the following to answer questions 7-15: 1999 2000 Sales $2900 $3300 Cogs $2030 $2310 Interest $410 $420 Dividends $56 $79 Depreciation $290 $330 Cash
Use the following to answer questions 7-15:
1999 2000
Sales $2900 $3300
Cogs $2030 $2310
Interest $410 $420
Dividends $56 $79
Depreciation $290 $330
Cash $250 $150
Receiviables $242 $412
Current liabilities $900 $1100
Inventory $1015 $900
Long Term Debt $3200 $3100
Net Fixed Assets $6000 $5700
Tax Rate 34% 34%
7. What are earnings before interest and taxes for 2000?
A) $112
B) $158
C) $580
D) $660
E) $780
8. What is net income for 2000?
A) $112
B) $158
C) $580
D) $660
E) $780
9. What is operating cash flow for 2000?
A) $ 248
B) $ 662
C) $ 908
D) $1.072
E) $1,375
10. What is net working capital for 2000?
A) $ 362
B) $ 473
C) $ 519
D) $ 607
E) $1,060
11. What is cash flow to stockholders for 2000?
A) $ 79
B) $189
C) $445
D) $524
E) $603
12. What is cash flow to creditors for 2000?
A) $100
B) $320
C) $420
D) $520
E) $720
13. What is net capital spending for 2000?
A) -$ 10
B) $ 30
C) $300
D) $530
E) $630
14. What is the change in net working capital during 2000?
A) -$245
B) -$125
C) $362
D) $607
E) $904
15. What is cash flow from assets for 2000?
A) $ 428
B) $ 540
C) $ 633
D) $ 923
E) $1,123
I already have the answers, I just want the formulas and the explanations for these problems. Thank you
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started