Determine the increase or decrease in cash for rinky supply

Assignment Help Finance Basics
Reference no: EM13295135

Determine the increase or decrease in cash for Rinky Supply Company for last year, given the following information. (Assume no other changes occurred during the past year.)

Decrease in marketable securities = $25
Increase in accounts receivables = $50
Increase in notes payable = $30
Decrease in accounts payable = $20
Increase in accrued wages and taxes = $15
Increase in inventories = $35
Retained earnings = $ 5

a. -$50
b. +$40
c. -$30
d. +$20
e. -$10

 

Reference no: EM13295135

Questions Cloud

Determine the final speed of the orange disk : Two shuffleboard disks of equal mass, one orange and the other green, are involved in a perfectly elastic glancing collision. Determine the final speed of the orange disk
Explain zincblende structure of zns has the relatively large : The zincblende structure of ZnS has the relatively large sulfide ion arranged at the lattice points of a face-centered cubic structure. The edge length of cubic unit cell is 540.9 pm. Determine the density of zincblende.
Which form of informational market efficiency states : Which form of informational market efficiency states that the market price of an asset contains all of the pertinent information regarding the value of that security?
How much energy is supplied by the battery during ignition : A 12 V car battery delivers 150 A of current during startup. If it takes one second to start the car, how much energy is supplied by the battery during ignition
Determine the increase or decrease in cash for rinky supply : Determine the increase or decrease in cash for Rinky Supply Company for last year, given the following information. (Assume no other changes occurred during the past year.)
What is the current density in this strip : A strip of copper 20 mm wide and 550 µm thick is placed in a uniform magnetic field B of magnitude 0.55 T, with B perpendicular to the strip. What is the current density in this strip
Determine what is the current through each headlamps : Two identical automobile headlamps are connected across a 12v battery. if the total current from the battery is measured to be 6.5 A, what is the current through each headlamps
Do equity shareholders appear to have gained or lost : Do equity shareholders appear to have gained or lost as a result of the recap in this revised scenario?
What focal length should the eyepiece have : You desire to observe details of the Statue of Freedom, the sculpture by Thomas Crawford that is the crowning feature of the dome of the United States Capitol in Washington D.C. what focal length should the eyepiece have

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Unemployment rate been affected over past two years

How has unemployment rate been affected over past two years by Fed's policy of quantitative easing.

  Calculating present values of cash flows

You can purchase property today for $3.3 million and sell it in 5 years for $4.3 million. (You earn no rental income on the property.)

  Calculate and graph the net profit margin

For your stock companies HSBC Holding,PLC, calculate and graph the net profit margin, total asset turnover, and return on assets for each of the past three years.

  Make a pro forma income statement

To purchase a new home you take out a 25 year mortgage for $300,000. What will your monthly interest rate payments be if the interest rate on your mortgage is 8%

  Add value to shareholders of corporations

Rumors about potential mergers are often a hot topic in the business press. One rumor being floated around recently is a potential merger between mobile phone giants T-Mobile and Sprint.

  Find the amortization amount

Company purchase a window franchise from on January 2, 2010 for $100,000. A research company estimated that the remaining useful life of the franchise was fifty years.

  What is the appropriate cost of common equity

Sonderson Corporation is undertaking a capital budgeting analysis. The firm's beta is 1.5. The rate on six-month T-bills is 5%, and the return on the S&P 500 index is 12%. What is the appropriate cost of common equity in determining the firm's cos..

  Differences between equity funding and debt funding

Write down the some of the differences between equity funding and debt funding.

  Which one of the following will increase net working capital

Which one of the following will increase net working capital? Assume the current ratio is greater than 1.0.

  Will an exclusion result in partial recovery

Will an exclusion result in partial recovery? Illustrate your answer to the previous two questions with examples from the HO.

  Income statement including gross margin & sales general

The CEO of Smartphone Apps, LLC is making a loan application. Using the data below (only), make an Income Statement. Within this Income statement, include totals for Gross Margin,

  What is the projected net present value of this project

The after-tax cost of debt is 4.8 percent, the cost of equity is 12.7 percent, and the tax rate is 35 percent. What is the projected net present value of this project?

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