Sydco is in the bowling ball industry and you are interviewing for a position as chief accountant in their Dallas office.In order to assure the management staff that you are qualified for the job, one of the tasks they have asked you to do is an evaluation of useful data into a form that can be used by all of management.You have been given the following information:
Sydo Summary
Gross Income$ 360Depreciation Expense$ 81 Tax Rate40% After Tax Cost of Capital9%Operating Income$ 30 Interest Expense$ 8 Current Assets$ 196 Net Plant and Equipment$ 126 Current Liabilities$ 87 What was net income for the period?
What was the companys net operating profit after tax?
What was the companys operating cash flows?
What was the companys net cash flow?
How would you assess the firm’s financial condition, assuming these numbers are accurate?
one month ago