Cash flow from operating activities last year

Assignment Help Finance Basics
Reference no: EM131069098

The Ragin Cajun had an operating income (EBIT) of $260,000 last year. The firm had $18,000 in depreciation expenses, $15,000 in interest expenses, and $60,000 in selling, general, and administrative expenses. If the Cajun has a marginal tax rate of 40 percent, what was its cash flow from operating activities last year.

Reference no: EM131069098

Questions Cloud

Determining the bond yield to maturity : A ten-year zero semi-annual coupon bond with a face value of $1,000 is currently quoted at 48.72. Assume the bond's Yield to Maturity (YTM) remains unchanged throughout the bond's term to maturity. What should the bond be sold for three years from..
Compute the future worth of this quarterly deposit series : A series of equal quarterly deposits of $1,000 extends over a period of three years. It is desired to compute the future worth of this quarterly deposit series at 12% compounded monthly
Holding period return of the bond : Assuming that the coupon is paid annually, what is the holding period return of the bond?
Describe and analyze two ethical theories : a.Describe and analyze two ethical theories that might explain the challenges faced by financial or marketing (choose one) professionals in a global commercial organization whose business is in luxury goods.
Cash flow from operating activities last year : The firm had $18,000 in depreciation expenses, $15,000 in interest expenses, and $60,000 in selling, general, and administrative expenses. If the Cajun has a marginal tax rate of 40 percent, what was its cash flow from operating activities last ye..
How to minimize the transition : One of the most difficult problems facing management is that of how to minimize the transition time between changeover from a purely traditional organizational form to a project organizational form
The company is expected to maintain constant : Universal Exports is expected to pay the following dividends over the next four years: $7, $5, $3, and $1. Afterwards the company is expected to maintain a constant 5 percent growth rate in dividends. If the required return is 16 percent, what is the..
Historical stock price data : Pick three stocks of your choice (Select stocks listed in the USA exchange traded market), preferably from different industry groups. Go to the recommended websites orany other website that offers historical stock price data or to published inform..
What is the company pretax cost of debt : Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 10 years to maturity that is quoted at 105 percent of face value. The issue makes semiannual payments and has an embedded cost of 10 percent annually. W..

Reviews

Write a Review

 

Finance Basics Questions & Answers

  What would happen to the price of the bonds over time

Suppose Hillard Manufacturing sold an issue of bonds with a 10-year maturity, a $1,000 par value, a 10 percent coupon rate, and semiannual interest payments.

  Current price of klein stock

The last dividend paid by Klien Company was $1.00. Klein's growth rate is expected to be a stable 4%. Find out the current price of Klein's common stock?

  Determine the investment

Ace purchases 40% of Baskett Corporation on January 1 for $500,000. Although not used, this acquisition gave Ace the ability to apply significant influence to the operating and financing policies of Baskett.

  An eternal patent swap contract states that the patentee

an eternal patent swap contract states that the patentee will pay the patenter 1.5 million next year. the contract

  What is the cash ratio

Your firm has cash of $1,600, accounts receivable of $2,500, inventory of $1,900, and net working capital of $500.

  Differences between secured and unsecured creditors

Determine the principal differences between Secured Creditors, Unsecured Creditors, Preferred Stockholders and Common Stockholders? During a partial or complete liquidation, what is the priority of asset distribution?

  What would be the total annual cash inflows associated with

pisa pizza parlor is investigating the purchase of a new 45000 delivery truck that would contain specially designed

  If the quoted rate apr is 675 percent and the compounding

cyclone rentals borrowed 15550 from a bank for three years. if the quoted rate apr is 6.75 percent and the compounding

  Calculate the time-weighted geometric average return

Calculate the time-weighted geometric average return on this portfolio and calculate the time-weighted arithmetic average return on this portfolio and calculate the dollar-weighted average return on this portfolio

  What is the best estimate of the current stock price

Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return is 12%. What is the best estimate of the current stock price?

  What will happen to the value of the mexican peso

If Mexicans go on a spending spree and buy twice as much french perfume, japanese tvs, english sweaters, swiss watches, and italian wine, what will happen to the value of the mexican peso?

  Write an explanation to liz discussing the debt structure

Write an explanation to Liz discussing the debt structure of Target and why Tom thinks Target is risky. Be sure to explain clearly what information appears on financial statements

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd