What is the change in cash for a firm with the following. $10,000 cash flow from

Question

What is the change in cash for a firm with the following. $10,000 cash flow from operations, $1,600 cash used for new investment, a reduction in the level of debt of $2,000, $1,000 in cash dividends, and $200 in depreciation expense? What is the ROA of a firm with $150,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9%? Last year's asset turnover ratio was 2.0. Sales have increased by 25% and average total assets have increased by 10% since that time. What is the current asset turnover ratio?

Explanation / Answer

Cash flow from operating activities 10000 Cash flow from investing activities -1600 Cash flow from financing activities -3000 5400 Hence, correct option is (D)

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.