What was the firms operating cash flow during 2014

Assignment Help Finance Basics
Reference no: EM13256805

The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, $141,000 in the common stock account and $2,660,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed long-term debt of $1,590,000, $151,000 in the common stock account and $2,960,000 in the additional paid-in surplus account. The 2014 income statement showed an interest expense of $94,500 and the company paid out $146,000 in cash dividends during 2014. The firm's net capital spending for 2014 was $970,000, and the firm reduced its net working capital investment by $126,000.

What was the firm's operating cash flow during 2014?

Reference no: EM13256805

Questions Cloud

Explain thermometer is position too high in the distillation : if the thermometer is position too high in the distillation adapter how would this affect your boiling point
Determine what is the period and frequency of x : Let x(t) = |cos120pit| a periodic signal. Plot x(t). What is the period and frequency of x(t). Expand x(t) in trigonometric Fourier series Hint: use the plot to find the Fourier coefficients.
Behavior metrics shows the number of sessions : Which of the following behavior metrics shows the number of sessions that included a view of a page? To Calculate ROI correctly, google analytics needs (select all that apply) Which two metrics below would be best KPIs for measuring the performance o..
Determine the initial speeds of both pucks : Two identical pucks are placed on a collision course on an air table as shown. After the collision puck A has a final velocity of 5 cm per second, Determine the initial speeds of both pucks
What was the firms operating cash flow during 2014 : The firm's net capital spending for 2014 was $970,000, and the firm reduced its net working capital investment by $126,000.
Create alarge nine-cell diagram to represent matrix for firm : Construct alarge nine-cell diagram that will represent your TOWS matrix for the firm. Label the cells appropriately and suggest 5-10 strategiesusing TOWS matrix.
Making entries in the books of the company : All the debentures were fully subscribed and allotted. Application and Allotment money were received on 8th and 12th July1990 respectively. You are required to make entries in thebooks of the company.
How business create value : You are considering opening a shop in a nearby mall that willsell specilaty T-shirts. T-shirts, containing designs and words selected by customers, will be produced for customers on order.
Where should you clamp the meter stick : you take a 100 g uniform meter stick and hang 200 g on the 10 cm mark, where should you clamp the meter stick so that it is in balanace

Reviews

Write a Review

Finance Basics Questions & Answers

  Important information of present value of growing perpetuity

What is present value of a growing perpetuity which makes payment of $100 in the first year, which thereafter grows at 3% per year? Has a discount rate of 7%

  What is the annaul cash flow

The investment will help generate additional revenue of $250,000.00 per year with a cost of $220,000.00 before depreciation. The company is in a 40% tax bracket. The cost for capital is 10%.

  Compute the cost of equity and the wacc

Compute the cost of equity and the WACC for the firm as is all equity and compute the cost of equity and the WACC for the firm, assuming it recapitalizes such that debt becomes 10% of the capital structure.

  Utilizes the payback method to evaluate investment proposal

Recycle Paper Company utilizes the payback method to evaluate investment proposals. It is presently considering two investment opportunities

  Computing price of at-the-money european put on futures

An at-the-money European call on the futures sells for= $5.50. Determine the price of at-the-money European put on the futures? Suppose both the call and put have the same maturity.

  Determine overall percentage decrease in total assets

The Following data was reported by Gap, Inc in its 2006 yearly report. Estimate the overall percentage decrease in total assets from 2002 to 2006.

  Calculating current price of bonds

Suppose you are planning the buy of a Treasury bond in the secondary market. Bonds with five years to maturity, paying a half-yearly coupon of 12% per year,

  Calculation of interest rate using effective interest rate

Calculation of interest rate using effective interest rate method

  Explain effect of dividend policy and size of capital budget

Explain Effect of Dividend policy and Size of capital budget on WACC and How might dividend policy affect the WACC

  Information about exchange rate calculations

On May 16, the exchange rate of a German mark was $.58. On May 20, the exchange rate is $.57. Which of the following statements is true?

  Calculate and clearly indicate the closing inventory value

Calculate and clearly indicate the closing inventory value as well as the gross profit made on sales at the end of the three month period for Make m Nice. Redraft the headings and format given below in order to correctly disclose your workings.

  Computing break even points

The Evergreen Fertilizer Company produces fertilizer. The corporation's fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.15.

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