Business, 02.12.2020 17:10 vanessacox45

Tax rate 35% 2020 2019 Revenues $42,629 $37,911 Cost of goods sold 23,704 24,832 Interest 1,230 1,584 Dividends 1,200 600 Depreciation 2,609 2,814 Administrative expenses 7,040 6,820 Cash 3,671 2,969 Inventory 3,968 4,503 Accounts payable 2,325 3,760 Long-term debt 19,105 25,900 Accounts receivable 4,601 5,318 Common stock 22,600 19,800 Net fixed assets 41,260 42,110 (2) What is the Net Debt to Operating Cash Flow Ratio in 2020

Answers: 2

Show answers

Answers

Answer from: tbixler2021

The Net Debt to Operating Cash Flow Ratio in 2020 is:

2.26

Explanation:

a) Data and Calculations:

Tax rate 35%

2020 2019

Revenues $42,629 $37,911

Cost of goods sold 23,704 24,832

Interest 1,230 1,584

Dividends 1,200 600

Depreciation 2,609 2,814

Administrative expenses 7,040 6,820

Cash 3,671 2,969

Inventory 3,968 4,503

Accounts payable 2,325 3,760

Long-term debt 19,105 25,900

Accounts receivable 4,601 5,318

Common stock 22,600 19,800

Net fixed assets 41,260 42,110

Cash Flow from operations:

2020 2019

Revenues $42,629 $37,911

Cost of goods sold 23,704 24,832

Interest 1,230 1,584

Administrative expenses 7,040 6,820

Net cash flow $10,655

Working capital adjustment:

Inventory 535 (-3,968 + 4,503)

Accounts payable (1,435) (-2,325 + 3,760)

Accounts receivable 717 (-4,601 + 5,318)

Net cash from operations $10,472

Total debt:

Long-term debt = $19,105

Current debt = 4,601

Total debt = $23,706

Cash flow-to-debt ratio = Total debt/Net cash from operations

= $23,706/$10,472

= 2.26

b) The cash flow-to-debt ratio is the ratio of a company's cash flow from operations to its total debt, which shows how long (2.26 years) it takes the company to repay its debt if it devoted all of its cash flow to debt repayment.

Answer from: Quest

By doing scientific studies

Answer from: Quest

engine assembler, survey reasearcher, auditor

Another question on Business

Business, 22.06.2019 17:30

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding

Answers: 2

Answer

Business, 22.06.2019 17:50

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not

Answers: 1

Answer

Business, 22.06.2019 19:10

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.

Answers: 1

Answer

Business, 22.06.2019 19:20

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.

Answers: 2

Answer

You know the right answer?

Tax rate 35% 2020 2019 Revenues $42,629 $37,911 Cost of goods sold 23,704 24,832 Interest 1,230 1,58...

Questions