In a recent quarter, Huntsinger Communications Inc. reported cash provided by operating activities of $45,600,000 and revenues
Question:
In a recent quarter, Huntsinger Communications Inc. reported cash provided by operating activities of $45,600,000 and revenues of $264,800,000. Cash spent on plant asset additions during the quarter was $1,600,000. Calculate free cash flow.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
Operating activities 45600000 Cash spent ...View the full answer
Answered By
Akash Goel
I am in the teaching field since 2008 when i was enrolled myself in chartered accountants course
Since then i have an experience of teaching of class XI, XII, BCOM, MCOM, MBA, CA CPT.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Lott Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
Fort Corporation reported cash provided by operating activities of $405,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
Jain Corporation reported cash provided by operating activities of $300,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
Determine which of the fundamental laws of algebra is demonstrated. 8(3 2) = 8(3) 8(2)
-
Monster Beverage Corporation develops, markets, and sells energy and other alternative beverage brands. Brown-Forman Corporation manufactures and sells a wide variety of spirit and wine beverages,...
-
Study the problem of solid-vapor equilibrium (Section 4.4) by setting up the grand partition function of the system.
-
ABC News reports that 58% of U.S. drivers admit to speeding. Suppose that a new satellite technology can instantly measure the speed of any vehicle on a U.S. road and determine whether the vehicle is...
-
Consider the following data for Tripp Manufacturing: 1. Compute the price, quantity, and flexible-budget variances for direct materials and direct labor. Use U or F to indicate whether the variances...
-
Consider a semiannual 3.5% coupon bond with a $1,000 face value that has 4 years to maturity. (a) Calculate the market price of this bond using a yield to maturity (YTM) of 3.6%. Is this bond a...
-
1: How would you describe the managerial philosophy of Wal-Mart? What principles are involved? What are the overriding aims, values, and goals of Wal-Mart? 2: Evaluate the management philosophy of...
-
Morino Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
The management of Gladow Inc. is trying to decide whether it can increase its dividend. During the current year it reported net income of $875,000. It had cash provided by operating activities of...
-
Select one of the following companies (or any company of your choosing) and use the Internet to explore the companys most recent annual report. American Airlines (www.americanair.com) Intel...
-
Show that, for irrotational axisymmetric flows in cylindrical coordinates, the streamfunction satisfies the following equation: \[\frac{\partial^{2} \psi}{\partial r^{2}}-\frac{1}{r}...
-
Explain why the sample variance formula is \[\sum_{i=1}^{N} \frac{\left(y_{i}-\bar{y} ight)^{2}}{N-1}\] instead of \[\sum_{i=1}^{N} \frac{\left(y_{i}-\bar{y} ight)^{2}}{N}\]
-
Things looked good for Mylan NV, a leading generic pharmaceutical drug maker, midday on November 13, 2015, as the early results of the firms campaign to acquire Perrigo appeared promising. The votes...
-
What are the benefits of implementing programs to address cultural competence within a health care organization? What are the costs of not implementing such programs?
-
What are the ethical issues in developing a questionnaire?
-
In framing the audit programmes of specialised enterprises, what additional factors are required to be considered by the auditor?
-
Quality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2012 is: Joint cost of production in July 2012 was $50. A...
-
Solve the exponential equations in Problems 3744. Show the approximation you obtain with your calculator without rounding. a. 105-3x = 0.041 b. 102x-1515 =
-
SEK Printing provides printing services to many different corporate clients. Although SEK bids most jobs, some jobs, particularly new ones, are negotiated on a cost-plus basis. Cost-plus means that...
-
Many of you will work for a small business. As noted in the All About You feature in this chapter, some of you will even own your own business. In order to operate a small business you will need a...
-
Many of you will work for a small business. As noted in the All About You feature in this chapter, some of you will even own your own business. In order to operate a small business you will need a...
-
QS) Simon and Sandra Soh are no different from many young families who are concerned with their finances. In their fact-finding form, they have emphasised the two most important financial goals to...
-
Write down everything you have eaten over a 48 hour time period. Follow the chart below. Date: Times: Breakfast Lunch Dinner Snacks Date: Times: Breakfast Lunch Dinner Snacks
-
Drawing on the knowledge gained in your EVA course, employ relative valuation methods to value any ONE of the given stocks using the data provided in the Assignment Data file. Assume 5% as the...
Study smarter with the SolutionInn App