Reference no: EM131817213
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,470,000, $154,000 in the common stock account, and $2,790,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed long-term debt of $1,720,000, $164,000 in the common stock account, and $3,090,000 in the additional paid-in surplus account. The 2016 income statement showed an interest expense of $101,000 and the company paid out $159,000 in cash dividends during 2016. The firm’s net capital spending for 2016 was $1,100,000, and the firm reduced its net working capital investment by $139,000.
What was the firm's 2016 operating cash flow, or OCF? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
|
Convert revenues into operating cash flow
: Which of the following measures refers to a firm’s ability to convert revenues into operating cash flow?
|
|
What is the required change in inventory to hit this target
: What is the required change in inventory to hit this target?.How much has accumulated assuming he has earned 10.5% compounded annually on his investment?
|
|
What is the effective annual rate on this loan
: What is the effective annual rate on this loan?
|
|
What was the cash flow to stockholders for the year
: What was the cash flow to stockholders for the year?
|
|
Balance sheet of schism-firm operating cash flow
: balance sheet of Schism, Inc., showed long-term debt of $1,470,000, $154,000 in the common stock account, and $2,790,000 in additional paid-in surplus account.
|
|
Calculate the yield to maturity on the bonds
: Calculate the yield to maturity on the following bonds. A 9 percent coupon (paid semiannually) bond, with a $1,000 face val 15 years remaining to maturity.
|
|
System of two linear equations in two variables
: Formulate the situation as a system of two linear equations in two variables.
|
|
What was the firm cash flow to creditors
: The December 31, 2015, balance sheet of Schism, What was the firm's cash flow to creditors during 2016?
|
|
Calculate the financial ratios for inventory turnover sales
: Calculate the financial ratios for inventory turnover sales/inventories, days sales outstanding receivables/ annual sales, and total assets turnover sales.
|