Question: With the information from Exercise 2, calculate the company's CCE ratio for 2012 and 2013. Assume that in 2011 the company's net working capital was$350,000.

With the information from Exercise 2, calculate the company's CCE ratio for 2012 and 2013. Assume that in 2011 the company's net working capital was$350,000.

2012 2013 Profit for the year Depreciation/amortization Trade receivables 176,000 55,000 360,000 450,000 400,000 2,200,000 225,000 70,000 385,000 490,000 440,000 2,500,000 Inventories Trade and other payables Revenue

Step by Step Solution

★★★★★

3.49 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Operating cash flows 2012 2013 Profit for the year 176... View full answer

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

357-B-F-F-M (5259).docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!

The management of Sun Company, a manufacturing company, has provided the following data for a month: Sales: $480,000 Variable Production Costs: $71,000 Fixed Production Costs: $99,000 Variable...

Calculate Paasche price indexes for 2012 and 2013 using the following data and 2005 as the baseyear. 2012 2013 2005 Price Price Quantity Price Quantity $28.11 13.25 2.35 Item $22.50 10.90 1.85 $27.80...

2. the company's CCE ratio for 2012 and 2013. Assume that company's net working capital was $350,000. 2012 Profit for the year Depreciation/amortization Trade receivables Inventories Trade and other...

In this case, you have to decide whether the shrimp processing plant is a project that represents a worthwhile addition to Harris Seafoods. At this point in the course, we haven't incorporated a...

2.1. HBHEnterprises is a large publicly listed company, specialised in manufacturing washing machines. The company is looking to set up a manufacturing plant to produce a new line of washing...

THE BIRDIE GOLF's and HYBRID GOLF MERGER ( 3000 points + a bonus 1000! I'm new, and need to figure out how to post more to total 4000 points. ) Birdie Golf, Inc., has been in merger talks with Hybrid...

1. Refer to file Chapter9.xls, tab Scenario. Under Scenario 1, what revenue growth would make the NPV equal to 0? 2. Opex Capital is a small investment advisory ?rm located in Portland, Oregon, that...

My question is in regards to how to calculate the ratios for Efficiency Ratios and Profitability Ratios. I only need the ratios for asset turnover, inventory turns, and payable turnover from...

Summarize the economic outlook for your industry. Look at recent market activity, recent indicators impacting your industry. Address recent change in stock prices. See the Analysis Tab of the FSAPfor...

Un-tethered helium balloons, floating in a car that has all the windows rolled up and outside air vents closed, move in the direction of the car's acceleration, but loose balloons filled with air...

Refer to the Billings Company information provided in Exercise 13-33. Also, assume that only 500 units of each product can be sold. Required: 1. What is the optimal mix of products? 2. What is the...

August. Upon opening the letter, Ace Ltds manager telephoned Brian and told him that the consignment of widgets had been sold and that further similar widgets were not available. Advise the parties...

Key Terms Define the following terms and use them in sen- tences related to the Internet and democracy: authoritarian, dissident, propaganda. Reviewing Main Ideas

Is preferred stock more like bonds or common stock? Explain.

What effect does the trend in stock prices (subsequent to issue) have on a firms ability to raise funds through (a) Convertibles and (b) Warrants?

Suppose today a mutual fund contains 2,000 shares of JPMorgan Chase, currently trading at $84.75, 1,000 shares of Walmart, currently trading at $83.10, and 2,500 shares of Pfizer, currently trading...

The Whistling Straits Corporation needs to raise $45 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed...

If $ 2500 is invested for eight years and interest is compounded continuously with a 7% rate, then the compound amount is