Cashflow statement | Business & Finance homework help

1. Little books inc. recently reported $3 million of net income. Its EBIT was $6 million,  and its tax rate was 40%. What was its interest expense? [Hint; write out the headings for an income statement, and fill in the known values then divide $3 million of net income by (1-T) = 0.6 to find the pretax income. The difference between EBIt and taxable income must be interest expense, use this same procedure to complete similar problems. [

2. Pearson brothers recently reported EBITDA of $7.5 million and net income of $1.8 million it had $ 2.0 million on interest expense and its corporate tax rate was 40%. what was its charge for depreciation and amortization?

3. W.C. Cycling had $55,000 in cash at year end 2014 and $25,000 in cash at year end 2015 the firm invested in property, plants and equipments, totaling 250,000 cashflow. Cashflow from financing activities totaled +$170,000

a. What was the cashflow from operating activities 

b. If accruals increased by $25,000, receivables and inventories increased by $100,000 and depreciation and amortization totaled $10,000,  what was the firms net income.

4- included in the attachement

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency