Its expenses included depreciation

Assignment Help Financial Accounting
Reference no: EM13942326

Ship-to-Shore had earnings after tax (EAT) of $320,000 last year. Its expenses included depreciation of $52,000, interest of $40,000. It purchased new equipment for $28,000.The company also sold stock for $36,000. What is Ship-to-Shore's net cash flow for last year?

a.

$380,000

c.

$315,000

b.

$425,000

d.

$395,000

 

Reference no: EM13942326

Questions Cloud

Work for organization operating in built environment sector : You work for an organization operating in the built environment sector. Senior management have tasked you with producing a new performance and reward management scheme to successfully embed sustainability into the culture of the organization.
Find vector sum of forces vctor : find vector sum of forces vctor A and vector B.Magnitude of A=130N and is along vector OA where A is(3,-4,12) and magnitude of vector B is 200N and is along vector PQ where P is (-2,4,7) and Q is (-2,8,10)find vector sum of forces vctor A and vect..
Business report based on what ethical consumerism means : Business Report. An analytical Business report based on what ethical consumerism means for business, choose one company evidencing how they operate ehhically.
How might analogies and metaphors aid in communication : What techniques might enable the delivery of technical information to a nontechnical audience? Within these techniques, how might analogies and metaphors aid in communication. Find an example using an analogy or a metaphor to distill the details o..
Its expenses included depreciation : Ship-to-Shore had earnings after tax (EAT) of $320,000 last year. Its expenses included depreciation of $52,000, interest of $40,000. It purchased new equipment for $28,000.
What is the net rate of radiation exchange : What is the net rate of radiation exchange between the spheres - What is the net rate of radiation exchange between the surfaces if they are diffuse and gray.
What the code does logically in the program : Compile and run the program. There are ten lines of code marked (1)..(10) that you must explain after analyzing the code, running the program, and examining the output.
Modification to administrative system through consultation : Promote Products and Services to International Markets Identify requirements of or modification to administrative system through consultation with system users and other stakeholders in accordance with organizational and budgetarty requirements.
Problem regarding the corporate social responsibility : The videos in this module clearly suggest that corporate social responsibility (CSR) is "the role the company plays in supporting society" and "many companies are trying to find ways to make money, while doing something positive for society." The ..

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Which areas require further analysis and investigation

Analysis of financial statement using horizontal analysis - Prepare the 2006 common-size income statement and compare it to the 2005 statement. Which areas require further analysis and investigation?

  Prepare the budgets for the fiscal year ending december

Prepare the following budgets for the fiscal year ending December 31, 2006 using the provided spreadsheets. Note: it is required to use the provided worksheets using Excel formulas.

  Separate but parallel taxation system

As a separate but parallel taxation system AMT presents a second set of issues and challenges. Discussing the topic and exchanging ideas of how to address potential conflicts will better prepare you to advise clients.

  Produces a single product had a net operating income

A company that produces a single product had a net operating income of $75,000 using variable costing and a net operating income of $95,000 using absorption costing. Total fixed manufacturing overhead was $50,000 and production was 10,000 units both ..

  Journalize the transactions

Maui Outfitters Corporation manufactures and distributes leisure clothing. Selected transactions completed by Maui Outfitters during the current fiscal year are as follows.

  Describe the specific objectives of financial reporting

Describe the specific objectives of financial reporting and explain the relationship between the objectives of financial reporting.

  Decision to eliminate an unprofitable segment

Which of the following is irrelevant to the decision to eliminate an unprofitable segment?

  Discuss four benefits of international standardisation

In light of the above, list and briefly discuss four benefits of international standardisation of accounting standards.

  Post-balance-sheet events

At December 31, 2014, Coburn Corp. has assets of $10,000,000, liabilities of $6,000,000, common stock of $2,000,000 (representing $2,000,000 shares of $1 par common stock), and retained earnings of $2,000,000. On January 8, 2015, one of the three maj..

  Yuli copters is in business of manufacturing and designing

yuli copters is in business of manufacturing and designing helicopters for commercial military and pleasure use. they

  Entitys culture generally indicates a low fraud potential

Which of the following items related to an entity's culture generally indicates a low fraud potential?

  Determine dollar amount of dividends declared by company

No other changes to stockholders’ equity occurred during the year. Determine dollar amount of dividends declared by the company during the year.

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