What was the addition to nwc

Assignment Help Finance Basics
Reference no: EM13303258

Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $215,000; costs = $98,000; other expenses = $6,600; depreciation expense = $9,000; interest expense = $12,800; taxes = $31,010; dividends = $9,800. In addition, you're told that the firm issued $7,500 in new equity during 2009 and redeemed $9,100 in outstanding long-term debt. If the net fixed assets increased by $26,000 during the year, what was the addition to NWC?

Reference no: EM13303258

Questions Cloud

How far must the lens be from the photocells : A certain digital camera having a lens with focal length 7.5 cm focuses on an object 1.80m tall that is 4.35m fromt he lens. How far must the lens be from the photocells
Calculate the angle a between the vectors a and c : If A cross product B = the vector C, calculate the angle "a" between the vectors A and C and between the angle "b" between the vectors B and C.
Assumption of planning : Which of the following is NOT an assumption of planning? Which component of the program theory includes the causal theory, intervention theory, and impact theory?
Describe will water level rise-fall or stay the same : bathtub full of water with small tub floating in it with baby and rock in it. the baby throws rock into tub. will water level rise, fall, or stay the same
What was the addition to nwc : If the net fixed assets increased by $26,000 during the year, what was the addition to NWC?
Evaluate the success of her secretarial service business : Ellen Watson is having difficulty evaluating the success of her secretarial service business because she does not separate her business assets from personal assets.
Design horizontal curve with degree central angle for lanes : Design a horizontal curve with a 40-degree central angle (delta=40) for a two-lane road with 11-ft lanes. The design speed is 70 mi/h and superelevation is limited to 0.06ft/ft. Give radius, degree of curvature, and length of curve
How much can she spend each year after she retires : Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year.
Should the firm purchase the new stock : Should the firm purchase the new stock? At what expected rate of return should McAlhany be indifferent to purchasing the stock?

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the amount of taxes the firm paid

Daniel's Fine Foods has revenue of $1,200,000. The firm has profit margins of 12%. Use the information below to build a complete income statement in proper form.

  Develop johnston market value based capital structure

Develop Johnston's market value based capital structure, and calculate its WACC. Assume equity capital comes from retained earnings, and the marginal tax rate is 40%.

  Lessor entries-sales-type lease wadkins company

The lease is for an 8 -year period and requires equal annual payments of $38,514 at the beginning of each year. The first payment is received on January 1, 2012. Wadkins had purchased the machine during 2011 for $170,000. Compute the amount of th..

  Discuss each of the factors that impact market segmentation

In your own words, discuss each of the factors that impact market segmentation in global capital markets.

  Determine the abnormal rate of return

Determine the abnormal rate of return for Stock A during period t using only the aggregate market return and ignore differential systematic risk.

  Information about corporate restructuring

Consider what happens to the stakeholders, company image, price per share, market share, company assets, industry position, goodwill, and service capability. Once the failure of an M&A occurs, what happens to assets of both companies?

  What is the best estimate of tapleys simple interest rate

Assuming that interest rates in the general economy are expected to re main at their current level, what is the best estimate of Tapley's simple interest rate onnew bonds?

  What might the monetary authorities do to a currency

The maintenance of money's value is said to depend on the monetary authorities. what might the monetary authorities do to a currency that would cause its value to drop?

  Calculate the equivalent annual costs for selling

Calculate the equivalent annual costs for selling the new machine and for selling the old machine. Assume inflation is 0%.

  What will be the flotation-adjusted cost of equity

Assume Brown-Murphies faces a flotation cost of 10 percent on new equity issues.

  What is crosbys cost of equity capital

Crosby Industries has a debt-equity ratio of 1.5. Its WACC is 10 percent, and its cost of debt is 7 percent. There is no corporate tax.

  Determine operating breakeven point

A Company has fixed operating expenses of $25,000, a per unit sales price of $5, and a variable cost per unit of $3. What is its operating breakeven point if it desires net operating income of $10,000, not $0?

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