What is the cash flow to creditors for 2010 A 170 B 35 C 135 D 170 E 205 Cash

What is the cash flow to creditors for 2010 a 170 b

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78. What is the cash flow to creditors for 2010? A. -$170B.-$35C. $135D. $170E. $205Cash flow to creditors = $35 - ($410 - $340) = -$35Difficulty level: MediumTopic: Cash Flow To Creditorsdownload full file at
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download full file at 79. What is the cash flow to stockholders for 2010? Cash flow to stockholders = $447 - (-$35) = $482 (See problems 76 and 78); or, Cash flow to stockholders = $17 - ($235 - $700) = $482Topic: Cash Flow To Stockholders80. What is the taxable income for 2010? Net income = $160 + $360 = $520; Taxable income = $520 (1 - .35) = $800Difficulty level: MediumTopic: Taxable Incomedownload full file at
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download full file at 81. What is the operating cash flow for 2010? Earnings before interest and taxes = $800 + $215 = $1,015 (See problem 80); Operating cash flow = $1,015 + $375 - ($800 - $520) = $1,110 (See problem 80)Difficulty level: MediumTopic: Operating Cash Flow82. What are the sales for 2010? A. $4,225B. $4,385C.$4,600D. $4,815E. $5,000Sales = $1,015 + $375 + $3,210 = $4,600 (see problem 81)Difficulty level: MediumTopic: Sales83. Calculate net income based on the following information: sales are $300; cost of goods sold is $190, depreciation expense is $45, interest paid is $20, and the tax rate is 34%. ((Sales-COGS)-Depreciation-Interest)-Taxes = Net Income (($300-$190)-$45-$20)-$15.30=$29.70Difficulty level: MediumTopic: Net Incomedownload full file at
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download full file at 84. What is the taxable income for 2010? Net income = $180 + $300 = $480; Taxable income = $480 (1 - .30) = $685.71Difficulty level: MediumTopic: Taxable Income85. What is the operating cash flow for 2010? Earnings before interest and taxes = $685.71 + $300 = $985.71 (See problem 84); Operating cash flow = $985.71 + $450 - ($685.71 - $480) = $1,230 (See problem 84)Difficulty level: MediumTopic: Operating Cash Flowdownload full file at
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download full file at 86. What are the sales for 2010? A. $4,000.00B. $4,385.50C. $5,435.71D. $5,525.50E.$5,680.00Sales = $1,230 + $450 + $4,000 = $5,680 (see problem 85)Difficulty level: MediumTopic: Sales87. Calculate net income based on the following information: sales are $300; cost of goods sold is $150, depreciation expense is $60, interest paid is $30, and the tax rate is 40%. ((Sales-COGS)-Depreciation-Interest)-Taxes = Net Income (($300-$150)-$60-$30)-$24=$36.00Difficulty level: MediumTopic: Net IncomeEssay Questions88. What is a liquid asset and why is it necessary for a firm to maintain a reasonable level of liquid assets?
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89. Why is interest expense excluded from the operating cash flow calculation?
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