Business, 01.10.2019 03:10 myanniespencer39
Titan football manufacturing had the following operating results for 2016: sales = $19,800; cost of goods sold = $13,960; depreciation expense = $2,350; interest expense = $335; dividends paid = $570. at the beginning of the year, net fixed assets were $14,800, current assets were $2,960, and current liabilities were $2,050. at the end of the year, net fixed assets were $17,540, current assets were $3,320, and current liabilities were $2,140. the tax rate for 2016 was 40 percent. a. what is net income for 2016? (do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)b. what is the operating cash flow for 2016? (do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)c. what is the cash flow from assets for 2016? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)d. what is the cash flow to creditors for 2016? (do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)e. what is the cash flow to stockholders for 2016? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)
Answers: 1
Business, 21.06.2019 18:20
Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t
Answers: 1
Business, 22.06.2019 19:50
Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?
Answers: 2
Business, 22.06.2019 21:30
What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)
Answers: 1
Business, 23.06.2019 01:00
Corporation had a japanese yen receivable resulting from exports to japan and a brazilian real payable resulting from imports from brazil. gracie recorded foreign exchange gains related to both its yen receivable and real payable. did the foreign currencies increase or decrease in dollar value from the date of the transaction to the settlement date?
Answers: 2
Titan football manufacturing had the following operating results for 2016: sales = $19,800; cost o...
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