In a recent quarter, Alliance Atlantis Communications Inc. reported cash provided by operating activities of $45,600,000 and

Question:

In a recent quarter, Alliance Atlantis 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:

Related Book For book-img-for-question

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

See More Books

Question Posted: Sep 13, 2011 07:55 AM

See More Questions

Alliance Atlantis Communications Inc. reported cash provided by operating activities of $123,100,000 and revenues of $1,175,400,000 during 2006. Cash spent on plant asset additions during the year...
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...
A puck on a horizontal, frictionless surface is attached to a string that passes through a hole in the surface, as shown in FIGURE 11-52. As the puck rotates about the hole, the string is pulled...
The general addition rule for two events is presented in Formula 4.3 on page 175 and that for three events is displayed on page 177. Formula 4.3 If A and B are any two events, then P(A or B) = P(A) +...
Show all process and solve stepp by step thank youA company has 1 2 5 personal computers. The probability that any one of the computers breaks down on a given day is 0 . 0 2 5 . Find the probability...
Cloud Cover in San Francisco-Online The plots in Exercise 2.254 on cloud cover in San Francisco can be found online at weatherlines.zanarmstrong.com if you prefer Figure 2.99(a) or...
If Amy Phillips is single and in the 28 percent tax bracket, calculate the tax associated with each of the following transactions. (Use the IRS regulations for capital gains in effect in 2011.) a....
A set S R^n is convex if for all x, y S and t [0, 1], we have (1 t)x + t y S (in other words, if S contains the points x and y, it contains the entire line segment between them). (a) If W R^n is a...
Investor can make investments in 5 types of stocks. According to the available data (relating to the past), estimates of the mean values (mathematical expectations) and standard deviations of annual...
In a recent year, Cypress Semiconductor Corporation reported cash provided by operating activities of $155,793,000, cash used in investing of $207,826,000, and cash used in financing of $33,372,000....
The management of Radar 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...
Let v be the velocity vector of a steady fluid flow. Is the flow irrotational? Incompressible? Find the streamlines (the paths of the particles). v = [x, y, -z]
George Schneider founded Anheuser-Busch in St. Louis in 1852. In 1860, the brewery was sold to Eberhard Anheuser and several other investors, although Anheuser later bought out the others. Adolphus...
Find the critical values for the following standard normal distributions: (a) Two-tailed test for = .05 (b) One-tailed test for = .05 (c) Two-tailed test for = .01 (d) One-tailed test for = .01...
Michael looked over the new ideas his workers had submitted, feeling increasingly frustrated. As head of the research and development department, he knew innovation was the only thing that would save...
In 1994, recent Princeton graduate and Wall Street executive Jeff Bezos left his job, began working out of the garage of his rented home, and raised several million dollars of start-up capital to...
When Deborah Karish wakes up in the morning, she does not have to worry about a long commute to work. Her office is in her home. As an Amgen ( www.amgen.com ) pharmaceutical sales representative,...
German automobile manufacturer, Mercedes-Benz has repeatedly stated that it offers its customers a premium brand experience and doesnt just provide them with cars. Briefly explain what you can infer...
Why is it necessary to study the diffusion of molecules in biological systems?
Find the inverse of (x) = x 3 8 and determine its domain and range.
For the year ending December 31, 2014, Cobb Company accumulates the following data for the Plastics Division which it operates as an investment center: contribution margin $700,000 budget, $710,000...
For its three investment centers, Kaspar Company accumulates the followingdata: Sales Controllable margin Average operating assets $2,000,000 $4,000,000 4,000,000 2,000,000 8,000,000 1,300,000...
Data for the investment centers for Kaspar Company are given in BE10-9. The centers expect the following changes in the next year: (I) Increase sales 15%; (II) Decrease costs $400,000; (III) Decrease...
Having a bit of trouble completing part of the code for my guessing game in java. Basically, I need to add the part of the code that will allow the user to choose how many games they wish to play....
Find all the "daffodil numbers" between 100 and 999 and output them. "Daffodil number" refers to a three-digit number, and the cube of each digit is exactly equal to the number itself. For example,...
Complete the program so that each cell of array sum contains the sum of the corresponding cells of valA and valB: class Exercise3 { public static void main(String[] args) { int[] valA = {13, -22, 82,...

In a recent quarter, Alliance Atlantis Communications Inc. reported cash provided by operating activities of $45,600,000 and

Question:

Step by Step Answer:

Free cash flow Cas...View the full answer

Accounting Principles

Students also viewed these Accounting questions