7. A company pays $600,000 for 30% of the common stock of X, Inc. In the first year, X,
The net income was negative from 1989 to 1991. The net income is negative due to the depreciation costs. Operating
3. SciTronics had a total of $75000 of capital at year-end 2008 and earned, before
Debit Retained Earnings $96,000; credit Common Stock Dividend Distributable $80,000; credit Paid-In Capital in Excess of Par Value, Common Stock $16,000.
Our current total incurred is $3,000,000 & has been posted since 12/28/12; our paid to date is $2,181,420.88 with an outstanding loss reserve of $818,579.12. After booking the net payment of $454,463.08 our reserve will be $364,116.04.
Common Stock issued by Plyer in 2015 = $ 75,000 - $ 50,000 = $
$59k, compared to a budget of $83k. YTD non-operating revenue was $693k compared to a budget of $751k.
3. SciTronics had a total of $112, 000 (75,000+20,000+7,000+10,000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) 16,000 (26,000-10,000)
a) How many shares will the firm have to issue, assuming they issue the new shares at the current price per share?
Operating capital in the total amount of $40,000 which includes cash reserves of $27,000 and inventory for the first two months of operation.
The final section of the statement of cash flows is the financing section, which shows the dividends paid, the purchases of stock, the net borrowings, and other possible cash flows from financing activities. A positive trend for investors is the fact that dividends paid has increased (even though it is negative to the firm) as well as sale purchase of stock, from 2009 to 2011 and even increased quarterly in 2011. The net borrowings is off an on from 2009 to 2011 possibly because of certain funds needed in particular years. In 2009, it was $5,746,000,000 and in 2010, it was $190,000,000. It shot back up again in 2011, with $5,960,000,000.
year 1 net income would do). Then, its year 2 opening net assets are $276.36,
any costs for debt issuances or repurchases and is net of interest income on financial assets.
significant drop in the revenues for third quarter of 1999. Annual revenues for 1999 were US$ 150