The following shows excerpts from financial information relating to Aspen Company and Bergamot Company. Compute the following
Question:
The following shows excerpts from financial information relating to Aspen Company and Bergamot Company.
Compute the following for both companies. Compare your results.
A. Free cash flow
B. Cash flows to sales ratio
C. Cash flows to assets ratio
Transcribed Image Text:
Net Cash Flows from Operating Activities Total Assets Net Income Sales Revenue Capital Expenditures Dividend Payments Aspen $320,000 450,400 300,000 463,500 120,750 25,000 Bergamot $486,900 625,000 550,200 875,000 250,000 65,700
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
A Aspen Bergamot Cash Flows from Operating Activities 320000 486900 Cash paid for Capital ...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
The following shows excerpts from financial information relating to Stanwell Company and Thodes Company. Compute the following for both companies. Compare your results. A. Free cash flow B. Cash...
-
The following shows excerpts from Camole Companys statement of cash flows and other financial records. Compute the following for the company: A. Free cash flow B. Cash flows to sales ratio C. Cash...
-
Excerpts from Smart Pro Inc.'s statement of cash flows appear as follows: Requirement As the chief executive officer of Smart Pro Inc., your duty is to write the management letter to your...
-
STEELCO manufactures two types of steel (steel 1 and steel 2) at two locations (plant 1 and plant 2). Three resources are needed to manufacture a ton of steel: iron, coal, and blast furnace time. The...
-
There is no (computer) IS in this game. If your team had some money to spend on an IS, what would you buy? In Chapter 5, we discussed five ways an IS can improve a process. For the IS you purchase,...
-
A wire having a linear mass density of 1.00 g/cm is placed on a horizontal surface that has a coefficient of kinetic friction of 0.200. The wire carries a current of 1.50 A toward the east and slides...
-
Tourism Use a time series chart to display the data shown in the table. The data represent the percentages of Egypts gross domestic product (GDP) that come from the travel and tourism sector....
-
Hallihan Company completed the following selected transactions during June 2010: June 1. Established a petty cash fund of $500. 12. The cash sales for the day, according to the cash register records,...
-
1. Identify a specific business that uses Artificial Intelligence and Robotics. 2. Why did you select this organization for your research project? 3. Identify three major issues for the use of...
-
2020 2021 2020 2021 Cash 1800 N/P 2700 Marketable securities 2600 A/P 1800 A/R 2200 Accrued Expenses 1600 Inventory 4000 Unearned Revenue 1200 Prepaid Expenses Total Short Term Llabilities 1900 7300...
-
Which of the following would trigger a subtraction in the indirect operating section? A. Gain on sale of investments B. Depreciation expense C. Decrease in accounts receivable D. Decrease in bonds...
-
Provide the missing piece of information for the following statement of cash flows puzzle. Cash flows from operating activities Cash flows from investing activities Cash flows from financing...
-
A 0.500 m solution of MgCl2 has a freezing point of 2.60C. What is the true van't Hoff factor of this ionic compound? Why is it less than the ideal value?
-
At the end of 2017 fiscal year, L&Z Co. has the following information: Balance Sheets Current Assets Accounts receivable, net of allowance of $1,076$16,194 a)During 2018, the company wrote off $200...
-
a) The magnetic field of a proton is like that of a circular current loop 0.650 10-15 m in radius carrying 1.05 104 A. What is the magnetic field at the center of such a loop? b) An MRI is...
-
Suppose Rick is looking for a new assistant for his upcoming adventure to harvest Mega Seeds. Rick estimates that he can earn $4,000 if he goes alone or $8,000 if he hires Morty. If Morty doesn't...
-
1. Ms. Gomez, a Sales Associate of Toda Cars offers you a Toda Wigogo 2021 1.01 A/T car loan sample computation: Selling Price Downpayment LOAN AMOUNT MONTHLY AMORTIZATION 1 YEAR 2 YEARS 3 YEARS 4...
-
Aspen Company's non-callable bonds currently sell for $905. They have a 15-year maturity, an annual coupon of $70, and a par value of $1,000. What is their yield to maturity? Your answer should be...
-
Which of the example DFSs discussed in this chapter would handle a large, multi client database application most efficiently? Explain your answer.
-
The Higher the time period of the financial security the higher the. ............... risk. O a. Maturity O b. Default and Maturity Oc. Default O d. Liquidity
-
Are creativity and innovation really important to all types of businesses? Is it important to evaluate a creative idea before it becomes an innovation?
-
What is the role of intuition in decision making? Should managers use more objective or subjective intuition techniques when making decisions?
-
When Target deactivated their website, what type of decision did they make? Explain?
-
Question: Read the document on this link: https://pui2022q4.tiiny.site/ 1. You form part of a company in South Africa and you have to continuously do business locally and internationally on the...
-
Banjo Education Corp. issued a 4%, $80,000 bond that pays interest semiannually each June 30 and December 31. The date of issuance was January 1, 2020. The bonds mature after four years. The market...
-
A projectile if fired from 19.6m above the ground with an initial speed of 55.6m/s at an angle of 41.2 degrees above the horizontal. a) Determine the time necessary for the projectile to reach its...
Study smarter with the SolutionInn App