Numerade

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Anand Jangid

Numerade educator

Suppose that a company 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, and assuming there were no changes in current assets or current liabilities, what is the operating cash flow, or OCF?

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Danielle Fairburn

Numerade educator

company has sales of €586.000, costs of €247.000, depreciation expense of €43.000, interest expense of €32.000, and a tax rate of 35 percent. • What is the net income for this firm? Suppose the firm paid out €73.000 in cash dividends. • What is the addition to retained earnings? Suppose the firm had 85.000 shares of common stock outstanding. • What is the earnings per share, or EPS, figure? • What is the dividends per share figure?

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Current assets Net fixed assets THE STATEMENT OF CASH FLOWS • Exercise 17: Considey, the following abbreviated financial statements for a Income Statement Assets Liabilities and Owners' Equity 2021 2022 2021 2022 € 653 € 107 Current liabilities € 261 € 293 € 2.691 € 3.240 Long-term debt € 1.422 € 1.512 Sales Costs Depreciation Interest paid € 8.280 € 3.861 € 738 € 211 a. What is owners' equity for 2021 and 2022? • b. What is the change in net working capital for 2022? c. In 2022, the company purchased €1.350 in new fixed assets. How much in fixed assets did the company sell? What is the cash flow from assets for the year? (The tax rate is 35 percent.) • d. During 2022, the company raised €270 in new long-term debt. How much long-term debt must the company have paid off during the year? What is the Cash flow to creditors

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Given the following information: Cash €40600; Accounts Receivable €159600; Inventory €158200: Prepaid Expenses €8400: Total fixed assets €735000; Total current liabilities €198800: Long-term debt €404600; Total shareholders equity €498400: Net sales €1029600; Cost of goods sold €615600; Gross Margin €414000; Net income €57600. Calculate: a) The inventory turnover; b) The debt ratio c) The return on equity.

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Danielle Fairburn

Numerade educator

NorBrig&Co, expect to pay a dividend of $1,75 per share in the next year. Investors require a 12% return. and dividends are expected to grow at 2,57% per year forever. Calculate current value of NorBrig &Co. stocks?

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Caroline Maroutian

Numerade educator

Within a manufacturing company's cost system select, from the following types of expenses, the one that is not a Production Cost is: a. Holiday pay of machine operatives. b. Cost of oils used to lubricate production machinery. c. Trade discount obtained from raw material suppliers. d. Salary of security guard in finished products warehouse. e. All presented costs are Production Costs. 2. If a company maintains their production with an increase in their productivity, their Labour Costs per unit will: a. Increase. b. Decrease. c. Maintain. d. None of the presented answers is correct. 3. Under Marginal Costing System, if total contribution is greater than the fixed costs: a. A profit is made. b. Neither a profit or loss is made. c. There will be a loss. d. None of the presented answers is correct

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INSTANT ANSWER

company has two production departments (Alfa & Beta) and two service departments (Canteen and Maintenance). Total allocated apportioned general overheads for each department are: Alfa 70.000.00 Beta 60.000.00 Canteen 24.000.00 Maintenance 12.000,00 Canteen and Maintenance perform services for both production departments and Canteen also provides services for Maintenance in the following proportions: Alfa Beta Canteen Maintenance % of Canteen to 20 55 - 25 % of Maintenance to 60 40 - - What would be the total overheads for production departments (Alfa and Beta) once the service department costs have been apportioned?

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budgeted and actual data for a company are as follows: Actual Budgeted 29.000 30.000 € 275.000,00 Direct Labour Hours € 270.000,00 38.000 Direct Wages 40.000 € 323.000,00 Machine Hours Direct Materials € 310.000,00 420.000 425.000 € 235.000,00 Units Produced Overheads € 240.000,00 The cost accountant of this company has decided that overheads should be absorbed on the basis of direct labour hours. What is the amount of under- or over-absorbed overheads for this company?

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company has recorded the following total costs during last five years Considering that if the company's productions exceed 50.000 units, there will be a step up in fixed costs of €4.000,00 for every 25.000 units above the 50.000 units. Using the High-Low Method, calculate the total cost that should be expected in 2024 if expected output is 77.000 units. Year Output Volume (units) Total Cost (€) 2019 60.000 € 139.000,00 2020 47.000 € 112.250,00 2021 74.000 € 163.500,00 2022 68.000 € 153.000,00 2023 81.000 € 179.750,00

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company uses an item of inventory as follows: Purchase price: € 1,00 per unit Annual demand: 300.000 units Ordering cost: € 300,00 Annual holding cost: 5,0% of purchase price Given that his supplier offered him a 1,0% discount for orders of 75.000 units or more, what should his order quantity be?

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Маруся Л.