Find the amount of the cash flow to creditors

Assignment Help Finance Basics
Reference no: EM131975338

Question: A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the firm paid out $31,600 to pay off existing debt it then later borrowed $42,000. What is the amount of the cash flow to creditors? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131975338

Questions Cloud

What portion of the firm is debt financed : A firm has issued $20 million in long-term bonds that now have 10 years remaining until maturity. The bonds carry an 8% annual coupon and are selling.
Price of nasonex in dollars in the united states : According to PPP what should be the price of Nasonex in Dollars in the United States?
How many times did the merchandise inventory turn over : Assuming that the merchandise inventory buildup was relatively constant, how many times did the merchandise inventory turn over during 2019?
Calculate the value of the preferred stock : A firm has an issue of preferred stock outstanding that has a stated annual dividend of $4. The required return on the preferred stock has been estimated.
Find the amount of the cash flow to creditors : A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the firm paid out $31,600.
Determining the college savings plan : Armin's wonderful parents established a college savings plan for him when he was born. They deposited $63 into the account on the last day of each month.
Determine should the firm accept the project : A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 -$ 159,000 1 57,000 2 82,000 3 66,000. If the required return is 15 percent.
Determine the number of planes : Question: Given the following forecasted data, determine the number of planes that the company must produce in order to break even
What was the cost of goods manufactured during the year : What was the cost of goods manufactured during the year? What was the cost of goods sold during the year?

Reviews

Write a Review

Finance Basics Questions & Answers

  How much of american century total taxes can be reduced

How much of American Century's total taxes can be reduced by the tax loss carryforward? Keep in mind its tax rate is 30 percent as shown above.

  Discuss focus of investment decision and financing decision

Discuss and explain the focus of the investment decision, financing decision, and working capital and short-term operating decisions and how these decisions are interrelated with each other.

  The campbell company is considering adding a robotic paint

the campbell company is considering adding a robotic paint sprayer to its production line. the sprayers base price is

  What is managerial accounting

What is managerial accounting?- What are the three broad objectives of managerial accounting?- Who are the users of managerial accounting information?

  What is the firm weighted average cost of capital

Assume GSC has a before-tax cost of debt of 5%, cost of preferred stock of 6.2%, and a cost of equity of 10.5%. GSC has a marginal tax rate of 35%.

  International financial markets-term project assignment

You are employed by a relatively small company and although your boss asked you to pick two US MNCs and two foreign stocks, he has already become concerned about international investments.

  Million of retained earnings on its december

New Hampshire Services reported $ 6.6 million of retained earnings on its December 31, 2007 balance sheet.

  Determine the margin of error

Determine the margin of error (in hours) for the 90% confidence interval for this sample

  Discuss the pros and cons associated with debt

Discuss the pros and cons associated with debt financing when compared to equity financing. use examples specific to the health care industry to support your response.

  Describe a scenario under which this might occur

Where does the money from profits go in such a case?

  Determining the investment project

Consider an investment project in which you invest $1000 today in order to receive $350 at the end of each of the next 5 years. If the cost of capital is 9%

  Explain why the notes to a firmrsquos financial statements

explain why the notes to a firmrsquos financial statements are an integral part of the company.nbsp what kind of

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