Smashed Pumpkins Company paid $88 in dividends and $526 in i…

Smashed Pumpkins Company paid $88 in dividends and $526 in interest over the past year. The company increased retained earnings by $438 and had accounts payable of $522. Sales for the year were $16,055 and depreciation was $696. The tax rate was 21 percent. What was the company’s EBIT?

Use the following information to answer this question: Winds…

Use the following information to answer this question: Windswept, Incorporated2024 Income Statement($ in millions)Net sales$ 10,050Cost of goods sold7,950Depreciation370Earnings before interest and taxes$ 1,730Interest paid100Taxable income$ 1,630Taxes342Net income$ 1,288 Windswept, Incorporated2023 and 2024 Balance Sheets($ in millions) 20232024 20232024Cash$ 280$ 300Accounts payable$ 1,570$ 1,852Accounts received1,1101,010Long-term debt1,0701,258Inventory1,7801,660Common stock3,3603,030Total$ 3,170$ 2,970Retained earnings650900Net fixed assets3,4804,070 Total assets$ 6,650$ 7,040Total liabilities & equity$ 6,650$ 7,040 Windswept, Incorporated, has 550 million shares of stock outstanding. Its price-earnings ratio for 2024 is 12. What is the market price per share of stock?

Smashed Pumpkins Company paid $112 in dividends and $547 in…

Smashed Pumpkins Company paid $112 in dividends and $547 in interest over the past year. The company increased retained earnings by $456 and had accounts payable of $558. Sales for the year were $16,160 and depreciation was $708. The tax rate was 21 percent. What was the company’s EBIT?

Red Barchetta Company paid $27,590 in dividends and $28,437…

Red Barchetta Company paid $27,590 in dividends and $28,437 in interest over the past year. During the year, net working capital increased from $13,554 to $18,269. The company purchased $42,220 in fixed assets and had a depreciation expense of $16,895. During the year, the company issued $25,050 in new equity and paid off $21,070 in long-term debt. What was the company’s cash flow from assets?

You have a credit card with a balance of $15,100 and an APR…

You have a credit card with a balance of $15,100 and an APR of 18.5 percent compounded monthly. You have been making payments of $285 per month, but you have received a substantial raise and will increase your monthly payments to $360 per month. How many months quicker will you be able to pay off the account?

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

During the past year, a company had cash flow to stockholders, an operating cash flow, and net capital spending of $14,576, $33,318, and $13,040, respectively. The net working capital at the beginning of the year was $5,604 and it was $6,380 at the end of the year. What was the company’s cash flow to creditors during the year?