Compute company net working capital

Assignment Help Finance Basics
Reference no: EM1355871

The Centennial Chemical Corp. announced that for the period ending March 31, 2008, it had earned income after taxes worth $5,330,275 on revenues of $13,144,680. The company's costs (excluding depreciation and amortization) amounted to 61 percent of sales, and it had interest expenses of $392,168. What is the firm's depreciation and amortization expense if its tax rate was 34 percent?

Income statement: Sosa Corporation recently reported an EBITDA of $31.3 million and $9.7 million of net income. The company has $6.8 million interest expense, and the corporate tax rate is 35 percent. What was the company's depreciation and amortization expense?

Working capital: Laurel Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, notes payable worth $1,151,663, and other current assets of $121,455. What is the company's net working capital?

 

Reference no: EM1355871

Questions Cloud

Illustrate what is your evaluation of her behavior : You are also aware that sometimes when you and the other project members are slaving away over the project, she is playing golf with senior managers. Illustrate what is your evaluation of her behavior.
What is the change in electricalpotential energy of system : If the car starts at height h= 3.00 R and the radius is R_1 = 24.0 m, compute the radial acceleration of the passengers while the car is at point C, which is at the end of a horizontal diameter.
Economics for the global manager : How does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns and the theory demonstrates how trade affects the distribution of income within trading partners. Explain.
Comparison of normal and abnormal behavior : Give a comparison of normal and abnormal behavior, drawing from your original definition of abnormal behavior, and the definitions put forth in the dictionary.
Compute company net working capital : The Centennial Chemical Corporation declared that for the period ending March 31, 2008, it had earned income after taxes worth $5,330,275 on revenues of $13,144,680.
Compute the opportunity costs for producing a single twinkie : Compute the opportunity costs for producing a single Twinkie and a single cupcake for Jasper and for Jasmine. Does either have an absolute advantage in the production of Twinkies.
Implementing a best buy in taiwan : In the government or politics and benefits to locating in the country
Criteria for diagnosis of autism : Please give an explanation of the difference between the criteria for diagnosis of Autism and the criteria for the diagnosis of Asperger's.
Write program using getline command : How would you write a program using the getline command, prompting the user to enter their first and then their last name. Also, using a float variable to enter their weight in lbs and height in inches.

Reviews

Write a Review

Finance Basics Questions & Answers

  Determining mortgage interest deduction

Sue owns a home in Arizona and in New York. She spends winters in Arizona and summers in New York. What are the limits, if any, on the deductibility of the mortgage interest?

  Return calculations and distributions

A particular stock had a return last year of 4%. However, you look at the stock price and notice that it actually did not change at all last year. How is this possible?

  Computation of various leverages

Computation of various leverages and If the firm wishes to lower its degree of combined leverage to 2.5 by reducing interest charges

  Find the purchased bond

An IBM bond pays 7 percent interest, and a Florida State bond pays 5%. If you are in a 40% tax bracket, which should you purchase?

  Expected impact from the transation cost

You work for ABC in finance department and own shares that are selling at $20 per share on the NYSE. There is a new stock offering that is going to be publicly declared.

  Detailed description of capital structure decisions

If the selling price per deck of cards will be the same under each method, at what level of output will the two methods produce the same net operating income (EBIT)?

  Draw a cash flow timeline

Amax Manufacturing Corporation collects $225,000 each day. The cash manager has just been told of a new collection system using lockboxes that could reduce collection float from seven days to six days by decreasing mail and processing float a total o..

  Determine percentage of the total payments

A house owner just obtained a thirty year amortized mortgage loan for $150,000 at a nominal annual rate of 6.5 percent, with monthly payments.

  Computing their statistical significance of stocks

Computing their statistical significance of stocks and Report the ticker symbol for your stock or fund

  Determination of apr and apy

A bank loan contract calls for an interest rate equal to prime rate plus 1%. If prime rate averages 9% and non-interest-earning compensating balances equal to 10 percent.

  Multiple choice problems on markets and capital gains

Marginal analysis states that financial decisions should be made and actions taken only when, and The agency problem may result from a manager's concerns about any of the following,

  Determining foreign exchange

Last year, the French marketing subsidiary of International Pharmaceuticals Corporation, (IPC) a New Jersey based drug manufacturer, earned 700,000 euros. This year, partly due to a weaker U.S. dollar, the French subsidiary will earn 900,000 euros..

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