Smashed Pumpkins Company paid $208 in dividends and $631 in…

Smashed Pumpkins Company paid $208 in dividends and $631 in interest over the past year. The company increased retained earnings by $528 and had accounts payable of $702. Sales for the year were $16,580 and depreciation was $756. The tax rate was 21 percent. What was the company’s EBIT?

The winner of the first annual Tom Morris Golf Invitational…

The winner of the first annual Tom Morris Golf Invitational won $110 in the competition which was held in 1900. In 2015, the winner received $1,470,000. If the winner’s purse continues to increase at the same interest rate, how much will the winner receive in 2051? (Assume annual compounding.)

Red Barchetta Company paid $28,400 in dividends and $29,571…

Red Barchetta Company paid $28,400 in dividends and $29,571 in interest over the past year. During the year, net working capital increased from $13,986 to $18,719. The company purchased $44,200 in fixed assets and had a depreciation expense of $17,705. During the year, the company issued $25,500 in new equity and paid off $21,700 in long-term debt. What was the company’s cash flow from assets?

During the past year, a company had cash flow to creditors,…

During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $29,348, $65,239, and $26,720, respectively. The net working capital at the beginning of the year was $11,395 and it was $13,000 at the end of the year. What was the company’s cash flow to stockholders during the year?

The winner of the first annual Tom Morris Golf Invitational…

The winner of the first annual Tom Morris Golf Invitational won $110 in the competition which was held in 1900. In 2015, the winner received $1,470,000. If the winner’s purse continues to increase at the same interest rate, how much will the winner receive in 2051? (Assume annual compounding.)