What is the cash flow to the creditors

Assignment Help Financial Management
Reference no: EM131960310

What is the cash flow to the creditors for 2015? Lowell, Inc. 2015 Income Statement Net sales 17,340 Cost of goods sold 8,200 Selling, general, and administrative expenses 2,200 Depreciation 1,700 Earnings before interest and taxes 5,240 Interest 700 Pretax income 4,540 Taxes 515 Net income 4,025 Lowell, Inc. 2014 and 2015 Balance Sheets 2014 2015 2014 2015 Cash 350 370 Accounts payable 6,225 6,184 Accounts receivable 3,140 3,450 Accrued expenses 1,880 1,625 Inventory 5,210 5,340 Total 8,105 7,809 Total 8,700 9,160 Long-term debt 17,951 20,091 Net fixed assets 32,600 34,700 Owners' equity 15,244 15,960 Total assets 41,300 43,860 Total liabilities and equity 41,300 43,860 -$1,440 -$1,650 -$1,780 $1,650 $2,020

Reference no: EM131960310

Questions Cloud

What is sustainable growth rate : A firm has a return on equity of 16 percent, a return on assets of 11 percent, and a 40 percent dividend payout ratio. What is the sustainable growth rate?
How does dichotic listening work : Imagine that you are at an office party, a holiday party, or a gathering of friends at the home of a neighbor and you are engaged in a discussion with a friend.
What is price-earnings ratio and earnings per share : The firm has net income of $110,000 and a total asset turnover of 1.4. What is the price-earnings ratio? What are the earnings per share?
Calculate the net present value of replacing the tractor : A farm owner is considering replacing his obsolete tractor with one of two new state-of-the-tractors. Calculate the Net Present Value of replacing the tractor
What is the cash flow to the creditors : What is the cash flow to the creditors for 2015? Lowell, Inc. 2015 Income Statement Net sales 17,340 Cost of goods sold 8,200 Selling,
How errors handled during transmission of segmented packets : How are errors handled during transmission of segmented packets? What is the difference between a TCP segment and an IP packet?
Make sure there is no duplicate information : For each book in the catalog, display its title, publisher, ISBN, release date, number of pages, and whether it's carried in any library ("Yes" or "No").
Develop a variance analysis including a budget variance : Develop a variance analysis including a budget variance performance report and appropriate variances for materials and labor
Replace the exception with the character : Although it's useful to print the exception for debugging, when you're trying to smoothly handle a condition that you don't consider erroneous

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate each project npv using the firm cost of capital

Calculate each project's NPV using the firm's cost of capital (discount rate) of 8 %. If you apply the NPV criterion, which investment will you choose? Why?

  Calculate haslams liabilities-to-assets ratio

Relationships for the Haslam Corporation. Calculate Haslam's profit margin. Calculate Haslam's liabilities-to-assets ratio.

  What was smither''s total asset turnover ratio

The R.M Smithers Corporation earned an operating profit margin of 11.2 percent based on sales of 10.5 millionand total assets of 4.8 million last year. What was Smither's total asset turnover ratio. What was Smithers' operating return last year?

  How much will you have in the account

How much is a guaranteed promise of $15,600 to be received in 11 years worth today if interest is 11%? If you deposit $240.78 in an account that pays 3% and leave it there for 11 years, how much will you have in the account? How much will $183 grow i..

  Predicted by duration rule and duration-with-convexity rule

A 30-year maturity bond making annual coupon payments with a coupon rate of 14.0% has duration of 10.04 years and convexity of 147.1. The bond currently sells at a yield to maturity of 10%. ind the price of the bond if its yield to maturity falls to ..

  Pretax return-different dividend policies

The Gecko Company and the Gordon Company are two firms whose business risk is the same but that have different dividend policies.

  Discuss how bond options can be used for hedging strategies

Provide three examples of financial futures and describe how investors would use these contracts. Discuss how bond options can be used for hedging strategies.

  What is the annual real pre-tax net returns in third year

Mr. Agirich of Aggie Farms is thinking about investing in a center pivot irrigation system to irrigate 100 acres of land. The irrigation system costs $70,000. Mr. Agirich expects that the irrigation system will increase yield and thus operating recei..

  Cost of common equity-future earnings and dividends

The future earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow 6% per year. Carpetto's common stock currently sells for $23.50 per share; Using the DCF approach, what is its cost of common equity? If you hav..

  What must the coupon rate be on merton bonds

Merton Enterprises has bonds on the market making annual payments, with 16 years to maturity, and selling for $957. At this price, the bonds yield 9 percent. Required: What must the coupon rate be on Merton’s bonds?

  Percentage change in price of bond sam

Both Bond Sam and Bond Dave have 8 percent coupons, make semi annual payments, and are priced at par value. Bond Sam has four years to maturity, whereas Bond Dave has 17 years to maturity. If interest rates suddenly rise by 2 percent, what is the per..

  Conduct a brief analysis on a merger and aquisition

Conduct a brief analysis on a Merger and Aquisition.

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