MS In Accounting & Finance
Colorado State University-Global Campus
Page 4 out of 498 results
Sort by
-
Complete Assignment Jordan Fundamentals of Corporate Finance (22).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $5.49
- + learn more
Calculating Additions to NWC [LO4] The 2008 balance sheet of Saddle
Creek, Inc., showed current assets of $2,100 and current liabilities of $1,380.
The 2009 balance sheet showed current assets of $2,250 and current
liabilities of $1,710. What was the company’s 2009 change in net working
capital, or NWC?
-
Complete Assignment Jordan Fundamentals of Corporate Finance (20).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $5.49
- + learn more
Calculating OCF [LO4] So Long, Inc., has sales of $27,500, costs of $13,280,
depreciation expense of $2,300, and interest expense of $1,105. If the tax rate is
35 percent, what is the operating cash fl ow, or OCF?
-
Complete Assignment Jordan Fundamentals of Corporate Finance (23).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Cash Flow to Creditors [LO4] The 2008 balance sheet of Maria’s Tennis
Shop, Inc., showed long-term debt of $2.6 million, and the 2009 balance sheet
showed long-term debt of $2.9 million. The 2009 income statement showed
an interest expense of $170,000. What was the fi rm’s cash fl ow to creditors
during 2009?
-
Complete Assignment Jordan Fundamentals of Corporate Finance (24).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Cash Flow to Stockholders [LO4] The 2008 balance sheet of Maria’s Tennis
Shop, Inc., showed $740,000 in the common stock account and $5.2 million in the
additional paid-in surplus account. The 2009 balance sheet showed $815,000 and
$5.5 million in the same two accounts, respectively. If the company paid out
$490,000 in cash dividends during 2009, what was the cash fl ow to stockholders for
the year?
-
Complete Assignment Jordan Fundamentals of Corporate Finance (25).doc
- Answers • 3 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Calculating Total Cash Flows [LO4] Given the information for Maria’s Tennis
Shop, Inc., in Problems 11 and 12, suppose you also know that the fi rm’s net
capital spending for 2009 was $940,000, and that the fi rm reduced its net working
capital investment by $85,000. What was the fi rm’s 2009 operating cash fl ow, or
OCF?
Fear of missing out? Then don’t!
-
Complete Assignment Jordan Fundamentals of Corporate Finance (30).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Marginal versus Average Tax Rates [LO3] (Refer to Table 2.3 .) Corporation
Growth has $88,000 in taxable income, and Corporation Income has $8,800,000 in
taxable income.
 a. What is the tax bill for each fi rm?
 b. Suppose both fi rms have identifi ed a new project that will increase taxable
income by $10,000. How much in additional taxes will each fi rm pay? Why is
this amount the same?
-
Complete Assignment Jordan Fundamentals of Corporate Finance (31).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Net Income and OCF [LO2] During 2009, Raines Umbrella Corp. had sales of
$730,000. Cost of goods sold, administrative and selling expenses, and depreciation
expenses were $580,000, $105,000, and $135,000, respectively. In addition, the
company had an interest expense of $75,000 and a tax rate of 35 percent. (Ignore
any tax loss carryback or carryforward provisions.)
 a. What is Raines’s net income for 2009?
 b. What is its operating cash fl ow?
 c. Explain your results in ( a ) and ( b ).
-
Complete Assignment Jordan Fundamentals of Corporate Finance (32).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Accounting Values versus Cash Flows [LO4] In Problem 19, suppose Raines
Umbrella Corp. paid out $25,000 in cash dividends. Is this possible? If spending on
net fi xed assets and net working capital was zero, and if no new stock was issued
during the year, what do you know about the fi rm’s long-term debt account?
-
Complete Assignment Jordan Fundamentals of Corporate Finance (33).doc
- Answers • 3 pages • 2020
-
Available in package deal
-
- $10.49
- + learn more
Calculating Cash Flows [LO2] Dahlia Industries had the following operating
results for 2009: sales $22,800; cost of goods sold $16,050; depreciation
expense $4,050; interest expense $1,830; dividends paid $1,300. At the
beginning 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 tax
rate for 2009 was 34 perce...
-
Complete Assignment Jordan Fundamentals of Corporate Finance (35).doc
- Answers • 2 pages • 2020
-
Available in package deal
-
- $7.49
- + learn more
Net Fixed Assets and Depreciation [LO4] On the balance sheet, the net fi xed
assets (NFA) account is equal to the gross fi xed assets (FA) account (which records
the acquisition cost of fi xed assets) minus the accumulated depreciation (AD)
account (which records the total depreciation taken by the fi rm against its fi xed
assets). Using the fact that NFA FA AD, show that the expression given in the
chapter for net capital spending, NFA end NFA beg D (where D is the depreciation
expense du...
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia