Given the information for Maria’s Tennis Shop, Inc., in Problems 11 and 12, suppose you also know that the firm’s net capital spending for 2011 was $1,300,000 and that the firm reduced its net working capital investment by $55,000. What was the firm’s 2011 operating cash flow, or OCF?
Answer to relevant QuestionsJetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $235,000; costs = $141,000; other expenses = $7,900; depreciation expense =17,300; interest expense = $12,900; taxes = $19,565; ...During 2010, Raines Umbrella Corp. had sales of $850,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $110,000, and $140,000, respectively. In addition, the company had ...Why is the DuPont identity a valuable tool for analyzing the performance of a firm? Discuss the types of information it reveals compared to ROE considered by itself.If Roten Rooters, Inc., has an equity multiplier of 1.45, total asset turnover of 1.80, and a profit margin of 5.5 percent, what is its ROE?Y3K, Inc., has sales of $6,189, total assets of $2,805, and a debt–equity ratio of 1.40. If its return on equity is 13 percent, what is its net income?
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