The net income for this firm is $_______ .
If the company paid out $60,000 in cash dividends, the addition to retained earnings is $________.
Schwert Corp. shows the following information on its 2010 income statement: sales = $141,400; costs = $85,000; other expenses = $5,400; depreciation expense = $6,000; interest expense = $16,000; taxes = $8,120; dividends = $8,352. In addition, you're told that the firm issued $6,050 in new equity during 2010 and redeemed $6,100 in outstanding long-term debt. (Do not include the dollar signs ($). Negative amounts should be indicated by a minus sign.)
a. The 2010 operating cash flow is $ .
b. The 2010 cash flow to creditors is $ .
c. The 2010 cash flow to stockholders is $ .
d. If net fixed assets increased by $5,300 during the year, the addition to NWC is $
Given the following information for O’Hara Marine Co., calculate the depreciation expense: sales = $27,200; costs = $13,000; addition to retained earnings = $4,643; dividends paid = $516; interest expense = $1,300; tax rate = 33 percent. (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount. (e.g., 32))
The depreciation expense is $
This question was asked on Jan 27, 2013 and answered on Jan 27, 2013.
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