Reference no: EM132533413
Question - Prescott Football Manufacturing had the following operating results for 2019: sales = $29,924; cost of goods sold = $21,650; depreciation expense = $3,477; interest expense = $519; dividends paid = $829. At the beginning of the year, net fixed assets were $19,901, current assets were $3,469, and current liabilities were $3,221. At the end of the year, net fixed assets were $23,002, current assets were $4,392, and current liabilities were $2,997. The tax rate for 2019 was 21 percent.
Required -
a. What is net income for 2019?
b. What is the operating cash flow for 2019?
c. What is the cash flow from assets for 2019?
d. Assume no new debt was issued during the year. What is the cash flow to creditors for 2019?
e. Assume no new debt was issued during the year. What is the cash flow to stockholders for 2019?
|
What is the direct labor efficiency variance
: The job consisted of 6,400 units and was completed in 24,600 hours at a total labor cost of $312,900. What is the direct labor efficiency variance?
|
|
What will be the total expected unit cost for four aircrafts
: What will be the total expected unit cost for four aircrafts? Eagle Airplane Company has built a new model jet aircraft, which it intends to sell to high net
|
|
Record necessary journal entries applying the accrual basis
: During 2017 BEMP corporation sells for cash 1,300 computers at $5,500 per unit. Record necessary journal entries applying the accrual basis
|
|
What is big data analytics
: How does prescriptive analytics relate to descriptive and predictive analytics? What is Big Data analytics? How does it differ from regular analytics?
|
|
What is the cash flow to creditors
: Prescott Football Manufacturing had the following operating results for 2019: sales = $29,924; What is the cash flow to creditors
|
|
Computer and internet security policy
: Your job is to develop a computer and internet security policy for the organization
|
|
What the total labor cost for four units will be
: Assuming that the company uses the incremental learning curve method, the total labor cost for 4 units will be closest to
|
|
Information governance and records Functions
: Identify and complete the missing phrase to directly complete the granular definition?
|
|
What is the cost of goods sold on a fifo basis
: Bongo Bonanza, Assuming that a periodic inventory system is used, what is the cost of goods sold on a FIFO basis, and the Gross Profit?
|