The 2017 balance sheet of kerber's tennis shop, inc. showed long term debt of $5.8 million, and the 2018 balance sheet showed long term debt of $6.2 million. the 2018 income statement showed an interest expense of $205,000. during 2018, the company had a cash flow to creditors of $0 and the cash flow to stockholders for the year was $85,000. suppose you also know that the firms net capital spending for 2018 was $1,445,000, ad that the firm reduced its net working capital investment by $85,000what was the firms 2018 operating cash flow, or ocf?
Answers: 3
Business, 22.06.2019 13:20
Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?
Answers: 2
Business, 23.06.2019 07:50
Acountry has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods has just begun. also, the goods demanded relate to equipment and supplies to support manufacturing. in which stage of rostow’s five-stage model of economic growth does the country fit?
Answers: 1
Business, 23.06.2019 15:00
Jenny​ walters, who owns a real estate​ agency, bought an old house to use as her business office. she found that the ceiling was poorly insulated and that the heat loss could be cut significantly if six inches of foam insulation were installed. she estimated that with the​ insulation, she could cut the heating bill by​ $80 per month and the​ air-conditioning cost by​ $70 per month. assuming that the summer season is three months​ (june, july, and​ august) of the year and that the winter season is another three months​ (december, january, and​ february) of the​ year, how much can jenny spend on insulation if she expects to keep the property for five​ years? assume that neither heating nor​ air-conditioning would be required during the fall and spring seasons. if she decides to install the​ insulation, it will be done at the beginning of may.​ jenny's interest rate is​ 6% compounded monthly.
Answers: 3
The 2017 balance sheet of kerber's tennis shop, inc. showed long term debt of $5.8 million, and the...
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