User Account

All Pages

Problem regarding the worth of fixed assets

Assignment Help Business Management
Reference no: EM131064344

Kurt's Kite Company, Inc. had Net Income of $640,000 last year.  They have interest expense of $76,000 and a tax rate of 35%.  The firm did not have any deprecation during the year.  If the firm bought $129,000 worth of fixed assets and did not sell any.  The firm has CFFA of $570,385.  If their current NWC is $78,000, how much was last year NWC?

  • A.$32,889
  • B.$45,615
  • C.$61,385
  • D.$41,892

Reference no: EM131064344

Questions Cloud

Design a managed care system for georgia child-safe program : You are a consultant with Standard Managed Care, Inc., which contracts with public entities to teach them how to deliver public services (publicly funded programs) using managed care techniques. The State of Georgia has contracted with Standard to..
Define financial management : 1. Define Financial Management. 2. State the primary objective of Financial management.
Why is multiculturalism controversial issue for some people : Describe the meaning of multiculturalism in your own words. Is the United States of America a multicultural country? Why or why not?
The credit manager assesses the probability : The credit manager of a company knows from past experience that if the company accepts a 'good risk' applicant for a £60 000 mortgage the profit will be £15 000. If it accepts a 'bad risk' applicant it will lose £6000.
Problem regarding the worth of fixed assets : Kurt's Kite Company, Inc. had Net Income of $640,000 last year.  They have interest expense of $76,000 and a tax rate of 35%.  The firm did not have any deprecation during the year.  If the firm bought $129,000 worth of fixed assets and did not se..
Discuss the major thrust behind reinvention of government : Discuss the major thrust behind reinvention of government
What happens to the premium on the put : A European put option is "in the money". The price of the underlying security now rises. What happens to the premium on the put?
Identical periods and probabilities of success : You are considering putting money into one of two investments A and B. The net profits for identical periods and probabilities of success for investments A and B are given in the following table:
Should the stock sell for today : Analysts believe that Zeta Corporation's dividend will grow by 20% next year, and then settle into a constant growth regime at 5% per year into the future. If investors assign a required rate of return of 12% to Zeta's stock, what should the stock..

Reviews

Write a Review

Business Management Questions & Answers

  Evaluate revenue maximizing price

Show what price do you recommend that GM charge for its Tahoe if its desire is to maximize sales and draw a graph that illustrates your recommendation.

  Create a table where at least three organizational pressures

Create a table where at least three (3) organizational pressures and at least three (3) environmental pressures in the organization are illustrated and rank those pressures according to their influence.

  Describe the health care system and the role of marketing

Describe the health care system and the role of marketing

  Conduct research on popular simulation modeling

Use the internet to conduct research on popular simulation modeling software applications. Find two applications to compare by examining the costs, features, and training requirements.

  Find the profitability

Profitability will also be increased by cost reductions accomplished through supplier partnering programs. New customers will be acquired through social network marketing and word of mouth.

  Analyze the limitations on the use of contract options

Analyze the limitations on the use of contract options. Determine the advantages and disadvantages for a 10-year contract option versus a two-year contract.

  Principals of management

decisions today likely to be programmed or non-programmed? Explain your answer with appropriate examples.

  Organisational structure and culture

Understand the relationship between organisational structure and culture

  What is the content adjacency problem

What is the content adjacency problem? Search for examples of firms that have experienced embarrassment due to content adjacency

  Explain what is the maximum price the acquirer

Explain What is the maximum price the acquirer should be willing to pay and Does it appear that an acquisition is feasible and Why or why not?

  Prepare a policy concerning affirmative action

Prepare a Policy concerning Affirmative Action and keeping in mind that you will have to make your policy agreeable to some degree to all factions.

  The benefit of providing the financial information

The benefit of providing the financial information should also be weighed against the cost of providing it.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd