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Can anyone help on these finance questions? I have no clue what I\'m even doing

ID: 2762460 • Letter: C

Question

Can anyone help on these finance questions? I have no clue what I'm even doing =(.

Question 3: All of the fill in the blank are numerical values, except for the last paragraph. The answer choices for blank 1 is (incorrect & correct) and for blank 2 they are (all but one & all).

Question 4: The first fill in the blank question has the options (one balance sheet, two income statements & two balance sheets) for both blanks. The two outlined boxes both have the options (a financing cash flow, an investing cash flow & an operating cash flow).

Question 5

Question 7

Questions 8: All of the fill in the blanks are numerical values in the sentences that starts with Volition. Nothing need to be filled in on actual balance sheet itself!

Question 9: Fill in the blank the answer choices for question 1 blank 1 are (low & high), for question 1 blanks 2&3, the choices are (intelligames inc & braingames inc). For question 2 blank 1, the options are (higher & lower) and for question 2 blank 2, they are (greater & lower). Finally question 3 blank 1 is a numerical value and question 3 blank 2 are options (lower & higher).

Question 10: The Fill in the blank answer options are (high & low).

Question 11: In the "Ratio/Value" box, there are 3 missing values on the years 2 side and 2 missing values on the year 1 side that need to be solved for.

Explanation / Answer

Cold Goose Metal Works Inc. Income Statement YEAR 2 FORCASTED Net Sales $25,000,000 $31,250,000 Less: Operating Cost (except depreciation and amorization) $20,000,000 $25,000,000 Less: Depreciation and amortization expenses $1,000,000 $1,000,000 Operating income (EBIT) $4,000,000 $5,250,000 Less: Interest expense $400,000 $787,500 Pre-tax income (EBT) $3,600,000 $4,462,500 Less: taxes (40%) $1,440,000 $1,785,000 Earnings after tax $2,160,000 $2,677,500 Less: preferred stock dividends $150,000 $150,000 Earings available to common shareholders: $2,010,000 $2,527,500 Less: Common stock dividends: $540,000 $669,375 Contribution to retained earnings $1,470,000 $1,858,125 1. In year 2, if cold goose has 10,000 shares of preferred stock issues and outstanding, then each preferred share should expect to recieve _____ in annual dividends $150,000/10000 $15 Year1 Year 2 2. If cold goose has 200,000 shares of common stock issued and outstanding, then the firm's earnings per share is expected to change from ____ in Year 1 to ____ in Year 2. Year 1 = 540,000/200,000: Year 2 = $669,375/200,000 $2.7 $3.35 3. Cold goose's before interest, taxes, depreciation, and amortization value changed from ____ in Year 1 to ______ in Year 2 Net sales - operating Expenses $5,000,000 $6,250,000 4. If is correct to say that cold goose's net inflows and outflows of cash and the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, 1,470,000 and 1,858,125, respectively. This is because all of the items in the income statement involves payments and receipts of cash. Correct all

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