Question: 1 . During the year 2 0 2 1 , Yung.com had sales of $ 1 0 0 0 , costs of goods sold of

1. During the year 2021, Yung.com had sales of $1000, costs of goods sold of $400, depreciation of $100, and interest paid of $150. If the tax rate is 34% and all taxes are paid currently, what is net income?
2. Refer to Problem 1. Assume Yung.com has 100 shares of common stock outstanding at the end of 2021. Total dividends paid were $120. Compute earnings per share (EPS) and dividends per share.
3. Based on the information in Problem 1, what is Yung.coms operating cash flow for 2021?
4. Based on the balance sheets for Yung.com, what was net working capital for 2020? For 2021? What must changes in net working capital have been?
5. What was Yung.coms free cash flow to the firm in 2021?
6. What was Yung.coms total cash flow to long-term creditors in 2021?
7. What was Yung.coms cash flow to shareholders in 2021?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Toyland wishes to produce quarterly financial statements, but it takes a physical count of Inventory only at year-end. The following historical data were taken from the Year 1 and Year 2 accounting...

Q:

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If...

Q:

Problem 14A-7 Prepare and Interpret a Statement of Cash Flows (LO14-1, LO14-4] Joyner Company's income statement for Year 2 follows: Joyner Company's Income Statement Sales Cost of goods sold Gross...

Q:

Continue to evaluate the company you had selected in Module 02. As part of your plan, use the spreadsheet provided below. The spreadsheet includes two tabs - one for the Analytical Ratios and another...

Q:

Blooming Flower Company was started in Year 1 when it acquired $60,000 cash from the issue of common stock. The following data summarize the companys first three years operating activities. Assume...

Q:

following selected financial information from Hansen's, LLC. Compute the company's times interest earned for Year 2. Year 2 Year 1 Net sales Cost of goods sold $478,500 $426,250 276,300 250,120...

Q:

Refer to the following selected financial information from Hansen's, LLC. Compute the company's debt-to-equity ratio for Year 2 Year 2 Year 1 Net sales Cost of goods sold $426,250 250,120 Interest...

Q:

Refer to the following selected financial information from Shakley's Incorporated. Compute the company's times interest earned for Year 2. Year 2 Year 1 Net sales Cost of goods sold Interest expense...

Q:

Refer to the following selected financial Information from Shakley's Incorporated. Compute the company's times Interest earned for Year 2. Year 2 Year 1 Net sales Cost of goods sold Interest expense...

Q:

Refer to the following selected financial information from Shakley's Incorporated. Compute the company's times interest earned for Year 2 Year 2 Year 1 Net sales Cost of goods sold Interest expense...

Q:

Using L yy" - xy" find the Noether symmetries and corresponding gauge terms. 13

Q:

Estimates of the numbers of militants who died from 74 drone strikes in Pakistan in 2012 and 2013 are described by the dotplots in Fig. 59. The numbers of militants who died for certain and the most...

Q:

Please walk me through how to solve, What to look for on the the tables etc. I feel slow with no guidance. Valentina is single and claims no dependents. Assume that Valentina has only one job or that...

Q:

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".