2011 $4,878 Cost of goods sold Interest 238 Dividends 420 789 Depreciation Change in retained earnings 631 Tax rate 34% What is the operating cash flow for 2011?
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What is the operating cash flow for 2011?
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- Cost of goods sold $ 4878 Interest 238 Dividends 420 Depreciation. 789 Change in retained earnings 631 Tax Rate 34%What is the operating cash flow for 2011?2013 2014 Sales$4,500 $4,775 Depreciation7501050COGS24222430Interest180215Cash200400Accts Receivables200300Notes Payable100150Long-term debt29561850Net fixed assets80009200Accounts Payable50100Inventory18001600Dividends225275Tax rate35%35% 1. What is the cash flow from operating activities? 2. What is the cash flow from financing activities? What is the days sales in accounts receivable or the AR period?The cost of goods sold during the year was $341600. Inventory decreased by $11200 during the year and accounts payable decreased by $13400 during the year. Using the direct method of reporting cash flows from operating activities, cash payments for inventory total $355000. $343800. $366200. $317000.
- Calculating Cash Flows [LO2] Dahlia Industries had the following operatingresults for 2009: sales $22,800; cost of goods sold $16,050; depreciationexpense $4,050; interest expense $1,830; dividends paid $1,300. At thebeginning of the year, net fi xed assets were $13,650, current assets were $4,800,and current liabilities were $2,700. At the end of the year, net fi xed assets were$16,800, current assets were $5,930, and current liabilities were $3,150. The taxrate for 2009 was 34 percent.a. What is net income for 2009?b. What is the operating cash fl ow for 2009?c. What is the cash fl ow from assets for 2009? Is this possible? Explain.d. If no new debt was issued during the year, what is the cash fl ow to creditors?What is the cash fl ow to stockholders? Explain and interpret the positive andnegative signs of your answers in ( a ) through ( d ).The cost of goods sold during the year was $281200. Inventory increased by $9000 during the year and accounts payable decreased by $14100 during the year. Using the direct method of reporting cash flows from operating activities, cash payments for inventory total?If the Merchandise inventory account balance on 12/31/19 was 40000 and its account balance on 12/31/20 was 55000, then the effect on cash flows showas which of the following A) Increase by 15000 b) Increase by 40000 C) decrease by 15000 D) decrease by 40000
- Forecast the Statement of Cash FlowsFollowing are the income statements and balance sheets of Best Buy Co., Inc. Income Statement,Fiscal Years Ended ($ millions) 2012Estimated Feb. 26,2011 Revenue $52,534 $50,272 Cost of goods sold 39,295 37,611 Restructuring charges - cost of goods sold -- 24 Gross profit 13,239 12,637 Selling, general and administrative expenses 10,769 10,325 Restructuring charges -- 198 Goodwill and tradename impairment -- -- Operating income 2,470 2,114 Other income (expenses) Investment income and other 51 51 Interest expense (87) (87) Earnings before income tax expense and equity in income of affiliates 2,434 2,078 Income tax expense 837 714 Equity in income of affiliates 2 2 Net earnings including noncontrolling interests 1,599 1,366 Net earnings attributable to noncontrolling interests (120) (89) Net earnings attributable to Best Buy Co., Inc. $1,479 $1,277 Balance Sheet($ millions) 2012Estimated Feb. 26,2011…Solve for fy22 sales and depreciation a on the 2022 income statement. remember to reference the growth rate provided by Paul.of 0.141 FY21 FY22 Sales $24884886 Blank Cost of Goods Sold $19659044 Other Expenses $2735335 Depreciation $995395 Blank Taxable Income $1493092 Taxes (21%) $313549 Net Income $1179543 Dividends $500,000 Add. to Retained Earnings $679543Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) 32000 Interest expense 8000 Taxes 3000 Increase in Accounts receivable 7000 Decrease in inventory 4000 Increase in Accounts payable 5000 Decrease in other payables 3500 Increase in interest payable 2000 Decrease in tax payable 1000 Prepare operating cash flows using direct method.
- Sohar Co. had the following information in 2020: Sales 180000 COGS 80000 ast ... Operating expenses (including depreciation) Depreciation expense Interest expense ber... 32000 4200 en... 9000 ... ... Taxes 4000 Increase in Accounts receivable 7000 [p Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 4500 2300 2000 Prepare operating cash flows using direct method.2019: Profit Margin – Profit $1435 / Net Sales $38,464 = 0.037:1 OR 3.7% Working Capital – Current Assets $3406 - Current Liabilities $4291 = -885 Current Ratio – Current Assets $3406 / Current Liabilities $4291 = 0.79:1 OR $0.79 Current Cash Debt Coverage – Net Cash Provided by Operation Activities $2275 / Average Current Liabilities $8781.50 = 0.26:1 OR 0.26 Average Current Liabilities Calculation: 4291 + 8981 / 2 = 8781.50 Debt to Total Assets Ratio – Total Liabilities 4291 + 2129 = 6420 / Total Assets 3406 + 6371 = 9777 = 0.66:1 OR 0.66 Cash Debt Coverage – Net Cash Provided by Operation Activities $2275 / Average Total Liabilities 11,067.25 = 0.21:1 OR 0.21 Average Total Liabilities Calculation: 6420 + 9295 / 2 = 11,067.25 Return on Assets – Profit 1435 / Average Total Assets 11,160.50 = 0.128:1 OR 12.8% Average Total Assets Calculation: 9777 + 12544 / 2 = 11,160.50 2020: Profit Margin – Profit $978 / Net Sales $37,784 = 0.025:1 OR 2.5% Working Capital – Current Assets $3779 -…Current Assets Cash A/R Inventory Total Net Plant & Equip Total Assets Tomson Corporation 2013 and 2014 Statement of Financial Position Assets 2013 $ 8,436 21,530 38.760 $ 68,726 $ 226.706 $295,432 2014 $ 10,157 23,406 42.650 $ 76,213 Current Liabilities A/P Notes Payable Total 1. The current ratio for each year 2. The quick ratio for each year Long-term Debt Owner's Equity Common Stock & Paid-in Surplus Retained Earnings $248,306 Total Total Liabilities & $324,519 Owners Equity Liabilities 3. The cash ratio for each year 4. The NWC to total assets ratio for each year 2013 5. The debt-equity ratio and the equity multiplier for each year 6. The total debt ratio and the long-term debt ratio for each year Round all answers to 2 decimal places. $ 43,050 18.384 $61.434 $ 25.000 $ 40,000 168.998 $ 208,998 $ 295,432 2014 1. Prepare: The 2014 combined common-size, common-base year statement of financial position for Tomson. Round your intermediate calculations to 2 decimal places…