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28 Sep 2019
Precious Metal Mining has $16 million in sales, its ROE is 18%,and its total assets turnover is 3.2x. Common equity on the firmâsbalance sheet is 60% of its total assets. What is its net income?Write out your answer completely. For example, 5 million should beentered as 5,000,000. Round your answer to the nearest cent. Do notround intermediate steps.
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Hampton Industries had $75,000 in cash at year-end 2015 and$15,000 in cash at year-end 2016. The firm invested in property,plant, and equipment totaling $170,000. Cash flow from financingactivities totaled +$210,000. Round your answers to the nearestdollar, if necessary.
- What was the cash flow from operating activities? Enter cashoutflows with a minus sign.
$
- If accruals increased by $35,000, receivables and inventoriesincreased by $200,000, and depreciation and amortization totaled$7,000, what was the firm's net income?
$
Precious Metal Mining has $16 million in sales, its ROE is 18%,and its total assets turnover is 3.2x. Common equity on the firmâsbalance sheet is 60% of its total assets. What is its net income?Write out your answer completely. For example, 5 million should beentered as 5,000,000. Round your answer to the nearest cent. Do notround intermediate steps.
$
Hampton Industries had $75,000 in cash at year-end 2015 and$15,000 in cash at year-end 2016. The firm invested in property,plant, and equipment totaling $170,000. Cash flow from financingactivities totaled +$210,000. Round your answers to the nearestdollar, if necessary.
- What was the cash flow from operating activities? Enter cashoutflows with a minus sign.
$
- If accruals increased by $35,000, receivables and inventoriesincreased by $200,000, and depreciation and amortization totaled$7,000, what was the firm's net income?
$
Jamar FerryLv2
28 Sep 2019