Analyze company cash flows East Coast Yachts has a strong operating cash flow highlighted by strong earnings before interest and taxes of $88‚416‚000. With the addition of $20‚160‚000 in depreciation and subtraction of $30‚921‚000 in taxes‚ they managed an operating cash flow of $77‚654‚400. East Coast Yachts appears to be in or approaching a growth mode with their capital spending on fixed assets increasing by $60‚000‚000 during the fiscal year. However‚ they made the wise move of reducing
Premium Generally Accepted Accounting Principles Financial ratios Financial ratio
CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: | Income statement | | | 2008 | | 2009 | | Sales | $247‚259 | | $301‚392 | | Cost of goods sold | 126‚038 | | 159‚143 | | Selling & administrative | 24‚787 | | 32‚352 | | Depreciation | 35‚581 | | 40‚217 | | EBIT | $60‚853 | | $69‚680 | | Interest | 7‚735 | | 8‚866 | |
Premium Generally Accepted Accounting Principles Balance sheet Inventory
Jose Antonio Hilado Problem-Solution Essay ENGLCOM C36B Prison Colonies as Solution for Prison Overpopulation Prison Overpopulation remains to be an unresolved problem that the Philippines is facing and which has been facing since 2000. Yet we have never heard about it being solved. The news or the media in general do not usually
Premium Prison
Super Six” focussed our research on the problem of ethics and actuarial science. As Sholom Feldblum states “The actuary has a dual role: an objective professional providing guidance on insurance issues and a business manager promoting the goals of an insurance company” (Sholom Feldblum‚ pg.1). The purpose of our research was to determine the most common ethical problems an actuary faces‚ and the most appropriate methods to solve these problems. Solutions were necessary so that our stakeholders
Free Insurance Actuarial science
Solutions to LP Practice Problems[1] 1. Furnco manufactures desks and chairs. Each desk uses 4 units of wood‚ and each chair uses 3 units of wood. A desk contributes $40 to profit‚ and a chair contributes $25. Marketing restrictions require that the number of chairs produced be at least twice the number of desks produced. There are 20 units of wood available. Using the graph below‚ determine a production plan that maximizes Furnco’s profit. a) Draw isoprofit lines where the total profit equals
Premium Petroleum Investment Rate of return
Problem/Solution Essay College Writing II Parent/Teenager Relationships: How Can We Improve Them? If you were asked to rate your relationship with your teenager from 1 to 10 what would your answer be? Can you give it a 10/10 with confidence and without any doubt? A lot of times we hear parents say that their teenagers are rebellious and refuse to listen to them‚ while teenagers complain that their parents don’t understand them and are total “control freaks.” As time goes by and generations change
Premium Adolescence Mother Puberty
Meaning: Cash flow statement is a statement which reflects sources and uses of cash whereas fund flow statement is a statement that reflects changes in the working capital or fund. Scope: The scope of cash flow is limited and it is based on the narrow concept of fund. i.e. cash alone whereas funds flow statement is a broader term and it is a wider concept of fund. Component: Under cash flow statement‚ cash is an important factor and it is the part of working capital whereas funds flow statement
Premium
points) * From the statement of AirThread case‚ we know that American Cable Communication want to raise capital by Leveraged Buyout (LBO) approach. This means ACC will finance money though equity and debt to buy AirThread and pay the debt by the cash flows or assets of AirThread. * In another word‚ it’s a highly levered transaction using a fixed WACC discount rate; however the leverage is changing in fact. * If we want to use WACC method‚ one assumption must be met: this program will not
Premium Net present value Rate of return Investment
Capital Budgeting Methods and Cash Flow Estimation Tasty Foods Corporation (Part A) November 5‚ 2012 Executive Summary: Tasty Foods has seen phenomenal growth throughout its lifetime in large part due to a continuous development of innovative new products. Although prosperous for Tasty Foods from its birth‚ this is a business initiative that in the past years‚ Tasty Foods has not maintained. Consumers are shifting towards a more health conscious lifestyle and until now Tasty Foods has not presented
Premium Net present value Costs Internal rate of return
were used? SOLUTION (a) (1) 2010 July 1 Cash 3‚501‚514 Discount on Bonds Payable 498‚486 Bonds Payable 4‚000‚000 (2) Dec. 31 Bond Interest Expense ($3‚501‚514 X 5%) 175‚076 Discount on Bonds Payable 15‚076 Bond Interest Payable ($4‚000‚000 X 4%) 160‚000 (3) 2011 July 1 Bond Interest Expense [($3‚501‚514 + $15‚076) X 5%] 175‚830 Discount on Bonds Payable 15‚830 Cash 160‚000
Premium 1920 1983 Generally Accepted Accounting Principles