Corine’s Candies Inc. paid dividends of $1.2 million during 2012. However, the company needed extra cash to open new stores, so it issued $1.3 million in new stock. What was Corine’s cash flow from financing in 2012?
Answer to relevant QuestionsThe balance sheet for a small corporation shows total assets of $425,600, common equity of $125,000, and retained earnings of $85,000. Calculate the total liabilities.1. Which of the following is the working capital ratio?a. 24.5 percentb. 18.5 percentc. 20.4 percentd. 15.5 percent2. Which of the following is invested capital?a. $5,600,000b. $2,890,000c. $4,800,000d. $4,890,0003. A ...Finns’ Fridges is a company created by twin brothers David and Douglas Finn, who rented small refrigerators to other students in their college dormitory. Use the following statements to answer the questions about Finns’ ...For GG. Co., calculate the degree of total leverage (DTL) and break-even point of sales at which the firm covers all its operating and fixed costs, given the following information: sales are $5,050,000; variable cost is ...Determine valuation ratios including book value per share, dividend yield, and dividend payout for year2.
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