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s goal in any way? If so, how? What are some of the regulations that pertain to boards of directors that were put in place to reduce agency conflicts?...

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What is Net working capital? What is the appropriate goal of financial managers? Can managers’ decisions affect this goal in any way? If so, how? What are some of the regulations that pertain to boards of directors that were put in place to reduce agency conflicts? Caustic Chemicals management identified the following cash flows as significant in their year end meeting with  analysts: During the year Caustic repaid existing debt of $252,656 and raised additional debt capital of $580,293. It  also repurchased stock in the open market for a total of $48,335. What is the net cash provided by financing  activities? Net cash provided by financing activities $ Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered  the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163,257,  common stock of $213,859, retained earnings of $512,159, inventory of $250,574, goodwill and other assets equal to  $78,656, net plant and equipment of $615,232, and short-term notes payable of $21,115. It also had accounts  receivable of $141,258 and other current assets of $11,223. How much long-term debt does Blackwell Automotive  have? Long-term debt $ For its most recent fiscal year, Carmichael Hobby Shop recorded EBITDA of $565,371.58, EBIT of $362,450.20, zero  interest expense, and cash flow to investors from operating activity of $321,753.00. Assuming there are no non-cash  revenues recorded on the income statement, what is the firm's net income after taxes?  (Round answer to 2 decimal  places, e.g. 15.25.) Net income $ The Centennial Chemical Corporation announced that, for the period ending March 31, 2011, it had earned income  after taxes worth $2,406,276.92 on revenues of $13,091,312. The company's costs (excluding depreciation and  amortization) amounted to 61 percent of sales, and it had interest expenses of $392,168. What is the firm's  depreciation and amortization expense if its tax rate is 34 percent?  (Round answer to 2 decimal places e.g. 15.25.  Enter negative amounts using either a negative sign preceding the number e.g. -45.25 or parentheses e.g.  (45.25).) Depreciation and amortization Analysts following the Tomkovick Golf Company were given the following balance sheet information for the years  ended June 30, 2011 and June 30, 2010: Assets 2011 2010 Cash and marketable securities $33,411  $16,566  Accounts receivable 259,938  318,768  Inventory 424,086  352,740  Other current assets 41,251  29,912  Total current assets $758,686  $717,986  Plant and equipment 1,941,026  1,609,898 
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Less: Accumulated depreciation (428,351) (206,678) Net plant and equipment $1,512,675  $1,403,220  Goodwill and other assets 382,145  412,565  Total assets $2,653,506  $2,533,771  Liabilities and Stockholders' Equity 2011 2010 Accounts payable and accruals $378,236  $332,004  Notes payable 14,487  7,862  Accrued income taxes 21,125  16,815  Total current liabilities $413,848  $356,681  Long-term debt 615,742  793,515  Total liabilities $1,029,590  $1,150,196  Preferred stock - - Common stock (10,000 shares) 10,000  10,000  Additional paid-in capital 975,465  975,465  Retained earnings 651,785  398,110  Less: Treasury stock (13,334) Total common equity $1,623,916  $1,383,575  Total liabilities and stockholders' equity $2,653,506  $2,533,771  In addition, it was reported that the company had a net income of $3,036,653 and that depreciation expenses were  equal to $221,673. Company paid dividends of 2,782,978. a.  Construct a cash flow statement for this firm. b.  Calculate the net cash provided by operating activities for the statement of cash flows. c.  What is the net cash used in investing activities? d.  Compute the net cash provided by financing activities. ( If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or  parentheses e.g. (45). ) Tomkovick Golf Company Year ended June 30, 2011 Operating Activities   Net income $ Additions (sources of cash)   Depreciation and amortization Increase in accounts payable Decrease in accounts receivable Increase in accrued income taxes Subtractions (uses of cash)   Increase in other current assets Increase in inventories Net cash  operating activities $ Long-Term Investing Activities  
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What is Net working capital?
What is the appropriate goal of financial managers? Can managers’ decisions affect this goal in any way? If so, how? What are some of the regulations that pertain to...

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