What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.? see attach

5.Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $2.40 million and depreciation of $264,000. The top part Ann's Flowers, Inc.'s 2007 and 2008 balance sheets is listed below (in millions of dollars). Current assets: Cash and marketable securities Accounts receivable Inventory Total 2007 $4.40 4.70 7.40 $16.50 2008 $2.70 6.40 5.70 $14.80 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 2007 $1.14 3.14 12.22 $16.50 2008 $1.14 4.70 8.96 $14.80 What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.? $2,400,000 -$1,700,000 $4,224,000 $1,824,000 6. Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.15 million and investment in operating capital of $2.15 million. Catering listed $0.94 million in depreciation expense and $2.15 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT? $13.39 million $10.3 million $11.51 million $7.21 million 7.Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of 1.50 times at the end of 2008. If the firm's total assets at year-end were $50.9 million, how much of their assets are financed with equity? $20.36 m $33.93 m $30.54 m $76.35 m 8. Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $56 million, total debt = $26 million, debt ratio = 44%, ROE = 12.6%. Using this information, what is PJ's ROA? (Do not round intermediate steps.) 4.38% 11.44% 12.60% 7.06% 9.Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $11.5 million, current ratio = 2.00 times, inventory turnover ratio = 12.5 times, average collection period = 25 days, and sales = $117 million. What is the value of their cash and marketable securities? (Consider a 365 days a year.) $5,626,301 $15,233,699 $9,360,000 $23,000,000 10.Moving Cash Flows What is the value in year 17 of a $2,500 cash flow made in year 7 when the interest rates are 5.7 percent? $3,925.00 $4,352.01 $3,685.23 $6,415.27 11.Moving Cash Flows What is the value in year 14 of a $900 cash flow made in year 5 when the interest rates are 9 percent? $1,629.00 $3,007.55 $269.32 $1,954.70 12. Interest-on-Interest Consider a $1,500 deposit earning 4 percent interest per year for 7 years. How much total interest is earned on the original deposit (excluding interest earned on interest)? $466.19 $46.19 $42.00 $420.00 13.Future Value Given a 8.00 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $2,900, $3,100, $3,400, and $3,400. rev: 09_21_2012 $16,727.35 $14,548.43 $15,900.85 $16,150.41 14. Present Value What is the present value of a $2,600 deposit in year 2 and another $3,100 deposit at the end of year 6 if interest rates are 7 percent? $4,336.60 $4,427.89 $3,306.00 $3,798.15 15.Future Value Compute the future value in year 7 of a $260 deposit in year 1 and another $60 deposit at the end of year 4 using a 11% interest rate. $546.60 $664.37 $568.37 $511.40 16.Forecasting Interest Rates On May 23, 20XX, the existing or current (spot) one-year, two-year, threeyear, and four-year zero-coupon Treasury security rates were as follows: 1R1 = 5.35%, 1R2 = 5.85%, 1R3 = 6.35%, 1 R4 = 6.55% Using the unbiased expectations theory, what is the one-year forward rate on zero-coupon Treasury bonds for year four as of May 23, 20XX 22.34% 6.025% 6.55% 7.15% 17.Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 4.0 percent for an investor in the 33 percent marginal tax bracket? (Round your answer to 2 decimal places.) 1.32% 12.12% 5.97% 4.00% 18.Call Premium A 6.00 percent corporate coupon bond is callable in four years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond? $1,000.00 $60.00 $1,060.00 $240.00 19.TIPS Capital Return Consider a 2.75% TIPS with an issue CPI reference of 185.30. At the beginning of this year, the CPI was 197.60 and was at 202.70 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.) $12.30 $5.10 $27.52 $17.40 20.Buying Stock with a Market Order You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.17 and $96.24, respectively. You place a market buy-order for 100 shares that executes at these quoted prices. How much money did it cost to buy these shares? $9,624 $9,617 $7 $19,241 21. Selling Stock with Commissions At your full-service brokerage firm, it costs $125 per stock trade. How much money do you receive after selling 100 shares of Time Warner, Inc. (TMX), which trades at $22.77? $2,277.00 $2,402.00 $2,152.00 $2,746.25 22.Portfolio Return At the beginning of the month, you owned $7,000 of Company G, $9,500 of Company S, and $4,000 of Company N. The monthly returns for Company G, Company S, and Company N were 8.75 percent, -1.65 percent, and -.08 percent. What is your portfolio return? rev: 09_28_2016_QC_CS-63599 7.02% 2.20% 3.49% 3.00% 23. Portfolio Return At the beginning of the month, you owned $12,000 of Company G, $11,900 of Company S, and $18,800 of Company N. The monthly returns for Company G, Company S, and Company N were 11.2 percent, -1.44 percent, and 9.4 percent. What is your portfolio return? (Round intermediate calculations to 2 decimal places.) 19.15% 7.34% 6.87% 6.38% 24.Portfolio Beta You own $19,000 of City Steel stock that has a beta of 3.29. You also own $37,000 of Rent-N-Co (beta = 1.74) and $20,400 of Lincoln Corporation (beta = -.86). What is the beta of your portfolio? 4.17 4.92 1.43 1.00 25.Under/Over Valued Stock A manager believes his firm will earn a 12.25 percent return next year. His firm has a beta of 1.45, the expected return on the market is 9.5 percent, and the risk-free rate is 4.5 percent. Compute the return the firm should earn given its level of risk and determine whether the manager is saying the firm is under-valued or over-valued. 18.275%, over-valued 11.75%, over-valued 11.75%, under-valued 18.275%, under-valued