HW1.docx - Question 1 0.86 out of 0.86 points Use the...

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Question 1 0.86 out of 0.86 points Use the following information for this and the next three questions. SMJ Inc. had the following information on last year’s financial statements. Sales $ 178,000 Costs 82,500 Other expenses 7,500 Depreciation expense 14,700 Interest expense 8,400 Taxes 21,400 Dividends 12,460 2002 New equity $ 5,400 Net new long-term debt (2,400) Increase in net fixed assets 17,800 What was the operating cash flow for SMJ? Selected Answer: C. 66,6 00 Question 2 0.86 out of 0.86 points What was the cash flow to creditors for SMJ? Selected Answer: A. 10,8 00 Question 3 0.86 out of 0.86 points What was the cash flow to stockholders of SMJ? Selected Answer: D. 7,06 0 Question 4 0.86 out of 0.86 points What was the change in net working capital for SMJ? Selected Answer: F. 16,2 40 Question 5 0.86 out of 0.86 points
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Use the following information for this and the next four questions. You are given the following for TG Inc. for the last year: Sales $26,500 Cost of goods sold 18,850 Depreciation expense 2,900 Interest expense 400 Selling, general, and administrative expense 250 Dividends paid 16,000 New debt issued 500 Beginning Net fixed assets $12,400 Beginning Current assets 2,600 Beginning Current liabilities 2,250 Ending Net fixed assets $15,250 Ending Current assets 3,890 Ending Current liabilities 2,650 Tax rate 40% What was its last year’s net income? Selected Answer: A. 2,46 0 Question 6 0.86 out of 0.86 points What was the TG Inc.’s operating cash flow last year? Selected Answer: B. 5,76 0 Question 7 0.86 out of 0.86 points What was the TG Inc.’s cash flow from assets last year?
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  • Fall '15
  • Yash R. Puri
  • Balance Sheet, Interest, Financial Ratio, Generally Accepted Accounting Principles, Hanna Inc.

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