What is the cash flow from assets for given year

Assignment Help Finance Basics
Reference no: EM131928791

Question: Quarles Industries had the following operating results for 2015: sales = $30,540; cost of goods sold = $19,910; depreciation expense = $5,380; interest expense = $2,790; dividends paid = $1,600. At the beginning of the year, net fixed assets were $17,360, current assets were $5,890, and current liabilities were $3,400. At the end of the year, net fixed assets were $20,810, current assets were $7,750, and current liabilities were $4,010. The tax rate for 2015 was 35 percent.

a. What is net income for 2015? (Do not round intermediate calculations.)

b. What is the operating cash flow for 2015? (Do not round intermediate calculations.)

c. What is the cash flow from assets for 2015? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.)

d-1 If no new debt was issued during the year, what is the cash flow to creditors? (Do not round intermediate calculations.)

d-2 If no new debt was issued during the year, what is the cash flow to stockholders? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.)

Reference no: EM131928791

Questions Cloud

Weigh the benefits and associated costs of security : Generally, the greater the security, the greater the cost. Discuss how one should weigh the benefits and associated costs of security.
Balanced scorecard and communication plan - amazon : Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions
Create table resourcetypes : Create table "ResourceTypes" with the following fields (as always: keep the field names exactly as specified below and the data types
How much will you have at the end of two years : Let's say you find a super-secret-awesome bank account that offers 1000% interest. If you put your $2 into this account, how much will you have at the end.
What is the cash flow from assets for given year : Quarles Industries had the following operating results for 2015: sales = $30,540; cost of goods sold = $19,910; depreciation expense = $5,380;
Explain what makes a good business decision : What are the six steps managers should take to make the best decisions?What are some of the advantages and disadvantages of group decision making?
Calculate the bandwidth-delay product : Suppose two hosts, A and B, are separated by 40,000 kilometers and are connected by a direct link of R= 4Mbps.
Discuss the meanings of your findings in the given area : Discuss the meanings of your findings in this area. Was your hypothesis accepted or rejected, and how were you able to determine this?
Write a paper that compares and contrasts the cultures : Write a paper that compares and contrasts the cultures-Use three additional sources (not including GLOBE resources) to support your analysis of two cultures

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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