Business, 27.05.2020 15:57 jeieiejej

Goandwin, Inc. 2017 Income Statement Net sales $11,418 Cost of goods sold 6,320 Selling, general, and administrative expenses 2,419 Depreciation 967 Earnings before interest and taxes $1,712 Interest 230 Taxable Income $1,482 Taxes 519 Net Income $ 963 Goandwin, Inc. 2016 and 2017 Balance Sheets 2016 2017 2016 2017 Cash $ 298 $ 306 Accounts payable $6,219 $6,184 A/R 3,006 3,422 Accrued expenses 1,880 1,625 Inventory 5,210 5,650 Total C. L. $8,099 $7,809 Total C. A. $8,514 $9,378 Long-term debt $17,951 $21,991 Net Fixed Common Stock ($1.00 par) $1,435 $1,555 Assets $32,780 $36,400 Capital Surplus $7,529 $7,740 Retained Earnings $6,280 $6,683 Total Assets $41,294 $45,778 Total Liab. & Equity $41,294 $45,778 What is the cash flow of the firm (or cash flow from assets), for 2017? Group of answer choices $1,273 -$1,273 -$3,581 $3,414

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 16:10

Which one of the following is most apt to align management's priorities with shareholders' interests? compensating managers with shares of stock that must be held for a minimum of three years holding corporate and shareholder meetings at high-end resort-type locations preferred by managers increasing the number of paid holidays that long-term employees are entitled to receive allowing employees to retire early with full retirement benefits paying a special management bonus on every fifth year of employment

Answers: 1

Answer

Business, 22.06.2019 00:40

Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?

Answers: 3

Answer

Business, 22.06.2019 13:20

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?

Answers: 3

Answer

Business, 22.06.2019 15:20

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is

Answers: 2

Answer

You know the right answer?

Goandwin, Inc. 2017 Income Statement Net sales $11,418 Cost of goods sold 6,320 Selling, general, an...

Questions