Ewha Corp has a total debt ratio of 0.8. a. What is its debt-equity ratio? b. What is its equity multiplier?

6. Ewha Corp has sales of $4,860, total assets of $2,880, and a debt-equity ratio of 1.40. If its return on equity is 20 percent, what is its net income?

7. Ewha Corp has a long-term debt ratio of 0.6 and a current ratio of 1.25. Current liabilities are $ 2,300, sales are $4,040, profit margin is 15 percent, and ROE is 20 percent. What is the amount of the firm’s net fixed assets?

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Ewha Corp had the following operating results for 2023; sales = $25,000; cost of goods sold = $17,050; depreciation expense = $4,050; interest expense = $1,830; dividends paid = $1,300. At the beginning of the year, net fixed assets were $13,650, current assets were $4,800, and current liabilities were $2,700. At the end of the year, net fixed assets were $16,800, current assets were $5,930, and current liabilities were $3,150. The tax rate for 2023 was 30 percent. b. a. What is Ewha Corp's net income for 2023? What is its operating cash flow for 2023? What is its cash flow from assets for 2023? c. d. If no new debt was issued during the year, what is the cash flow to creditors? e. If no new debt was issued during the year, what is the cash flow to stockholders? Ewha Corp had the following operating results for 2023; sales = $25,000; cost of goods sold = $17,050; depreciation expense = $4,050; interest expense = $1,830; dividends paid = $1,300. At the beginning of the year, net fixed assets were $13,650, current assets were $4,800, and current liabilities were $2,700. At the end of the year, net fixed assets were $16,800, current assets were $5,930, and current liabilities were $3,150. The tax rate for 2023 was 30 percent. b. a. What is Ewha Corp's net income for 2023? What is its operating cash flow for 2023? What is its cash flow from assets for 2023? c. d. If no new debt was issued during the year, what is the cash flow to creditors? e. If no new debt was issued during the year, what is the cash flow to stockholders?

Answer rating: 100% (QA)

a To calculate the net income for 2023 we need to subtract the cost of goods sold depreciation expense interest expense and dividends paid from the sales revenue and then apply the tax rate Net income ... View the full answer