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

  Journalize the transactions

Journalize the transactions, including explanations.  (Note, enter all accounts in one box.  The dates have been included to help with formatting).

  In the accumulation phase of the investor life cycle

In the accumulation phase of the investor life cycle

  Calculate the required return on marys portfolio

calculate the required return on Mary's portfolio.

  Information cannot be neutral-it cannot therefore be

information cannot be neutral-it cannot therefore be reliable-if it is selected or presented for the purpose of

  If the fed decides to raise interest rates next year what

if the fed decides to raise interest rates next year what effect would rising rates have upon the following1 consumer

  Samuelsons has a debt-equity ratio of 43 percent sales of

samuelsons has a debt-equity ratio of 43 percent sales of 10000 net income of 1700 and total debt of 8700. what is the

  Compute interest amount

Data Back-Up Systems has obtained a $10,000, 90-day bank loan at an annual interest rate of 15 percent, payable at maturity. Suppose 365 day year.

  Problem regarding the total return-current yield

What are the total return, the current yield, and the capital gains yield for the discount bond in Question #1 at $887.00? At $1,134.20? (Assume the bond is held to maturity and the company does not default on the bond.)

  Compute the required rate of return

A firm will pay a $1.50 dividend at the end of year one (D1), has a stock price of $60 (P0), and a constant growth rate (g) of 8 percent. (a) Compute the required rate of return (Ke).

  Benefits of the planning stage for managers

Discuss one to two (1-2) benefits of the planning stage for managers. Next, describe your planning process at work or school. Your response should include how you know when you need to develop a plan, how long you take to plan for a project or wor..

  Foreign corporate tax rate

Assume England raised its corporate tax rate by 1 percentage point from 40% to 41%. How would this raise affect the economics of U.S.-U.K. foreign expansion project?

  A stock will have quarterly dividends of $0.78

A stock will have quarterly dividends of $0.78, $0.83, $0.76, $0.92, $0.98, $13, $36, $38 and then grow by 0.02 a year, compounded quarterly. If the required return is 0.07 per year compounded quarterly, what should the price be?

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