Illustrate what was barbell net cash flow

Assignment Help Financial Accounting
Reference no: EM13141017

1. Barbell Corporation’s income statement reports that the company’s “bottom line” was $180,000 in 2010. The statement also shows that the company has depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. What was Barbell’s net cash flow?

2. At the end of the year, CWP’s balance sheet showed that total assets were $500,000. At the same time, its return on assets (ROA) was 6 percent and its return on equity (ROE) was 8 percent. Compute CWP’s (a) net income for the year and (b) amount of common equity on the balance sheet. CWP has no preferred stock.

Reference no: EM13141017

Questions Cloud

Describe and discuss : Describe and discuss how the redesigned network needs to operate, the possible network design solutions and why the new design is more suitable for the introduction of mobile devices.
Amount of vacation to be accrued : Mark typically works 40 hours/week at $15/hour regular pay and receives four weeks of vacation. This week he worked 50 hours as his employer asked him to work Saturday to take care of the Christmas backlog. Determine the following: 1. The amount o..
Which financial statement does the input come from : Name one and explain how it is computed? Which financial statement(s) does input come from? Most importantly, what does it tell you about the financial performance or health?
Illustrate what was barbell net cash flow : The statement also shows that the company has depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. Illustrate what was Barbell’s net cash flow?
Apply some of the concepts : You are expected to apply some of the concepts/ models or theories used in the course as well as secondary research (eg. periodicals, trade publications, newspapers etc).
Income statement effects of the transacton : (a) Journalize the transactions. (b) Indicate the income statement effects of the transacton.
How much heat is released : How much heat is released when 105 g of steam at 100 Co is cooled to ice at -15Co? the enthalpy of vaporization of water is 40.67 KJ/mol, the enthalpy of fusion for water is 6.01KJ/mol,
Create an income statement using full costing : The following information relates to Vice Versa Ventures for calendar year 20XX, the company’s first year of operations: Create an income statement using full costing.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is balance of the factory overhead account on july

Prepare the journal entries to record (1) the application of factory overhead to production during July and (2) the jobs completed during July. What is balance of the factory overhead account on July 31?

  Evaluate the standard price per gallon

Evaluate the standard price per gallon and An unfavorable labor quantity variance is usually not related to material price variance, but it could be if the company purchases poor quality material.

  Determine the amount of sales revenue the company

Complete the sales budget by filling in the missing amounts and determine the amount of sales revenue the company will report on its pro forma income statement for the first quarter?

  Elucidate proactive application of cost measurement

Variance between budget projections and budget performance is inevitable. Elucidate whether or not a proactive application of cost measurement and corrective actions are a realistic approach to minimize variance.

  What has been the advantage of financing with debt as oppose

In capital budgeting (in recent years), what has been the advantage of financing with debt as opposed to equity?

  Determine the working capital for the current period

Determine the working capital for the current period? What has caused this ratio to change over the last few years?

  Examine the operations of each company

Examine the operations of each company.  How is the company doing in this present economic environment?  Is the world economy affecting the company?  How?

  Explain how would this amount be reported in the company

Without regard to your answer in (2) above, assume manufacturing overhead was underapplied in December. Explain how would this amount be reported in the company's financial statements at December 31?

  Explain to wendy at least key controls she must establish

Explain to Wendy at least 4 key controls she must establish to protect herself against fraud. You should state specific internal control principles and relate your answer to her hair salon business.

  Illustrate what kinds of checks and balances could you put

Illustrate what kinds of checks and balances could you put into place to insure ethical behavior and accountability for both yourself and your employees?

  Calculate the amount of the note payable at december

Calculate the amount of the note payable at December 31, 2009 that would be classified as a long-term liability. Do not use decimals in your answer.

  Journal entries for traded

Journal entries for traded two business autos- Goochland purchased on account $950,000 Merchandise Inventory to be held for resale.  All purchases are recorded net of the 2% discount.

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