Ak Kramer Inc.'s income statement shows sales of $1,000, cost of goods sold of $400,pre-interest operating expense of $300, and interest expense of $100. What is Kramer's interest coverage ratio ? Your answer An analyst gathered the following information from a company's 2010 financial statements (in $ millions): In 2010, the company declared and paid cash dividends of $10 million and recorded depreciation expense in the amount of $25 million. The company considers dividends paid a financing activity. What was the company's 2010 cash flow from operations (in $ millions) ? Captionless Image Your answer During 2009, URBAN Company sold 10 acres of prime commercial zoned land to a builder for $5,000,000. The builder gave URBAN a $1,000,000 down payment and will pay the remaining balance of $4,000,000 to URBAN in 2010. URBAN purchased the land in 2002 for $2,000,000. Using the installment method, how much profit will URBAN report for 2009?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Ak
Kramer Inc.s income statement
shows sales of $1,000, cost of
goods sold of $400,pre-interest
operating expense of $300, and
interest expense of $100. What is
Kramer's interest coverage ratio ?
Your answer
An analyst gathered the following
information from a company's
2010 financial statements (in $
millions): In 2010, the company
declared and paid cash dividends
of $10 million and recorded
depreciation expense in the
amount of $25 million. The
company considers dividends paid
a financing activity. What was the
company's 2010 cash flow from
operations (in $ millions) ?
Captionless Image
Your answer
During 2009, URBAN Company
sold 10 acres of prime commercial
zoned land to a builder for
$5,000,000. The builder gave
URBAN a $1,000,000 down
payment and will pay the remaining
balance of $4,000,000 to URBAN in
2010. URBAN purchased the land
in 2002 for $2,000,000. Using the
installment method, how much
profit will URBAN report for 2009?
Aa
Transcribed Image Text:Ak Kramer Inc.s income statement shows sales of $1,000, cost of goods sold of $400,pre-interest operating expense of $300, and interest expense of $100. What is Kramer's interest coverage ratio ? Your answer An analyst gathered the following information from a company's 2010 financial statements (in $ millions): In 2010, the company declared and paid cash dividends of $10 million and recorded depreciation expense in the amount of $25 million. The company considers dividends paid a financing activity. What was the company's 2010 cash flow from operations (in $ millions) ? Captionless Image Your answer During 2009, URBAN Company sold 10 acres of prime commercial zoned land to a builder for $5,000,000. The builder gave URBAN a $1,000,000 down payment and will pay the remaining balance of $4,000,000 to URBAN in 2010. URBAN purchased the land in 2002 for $2,000,000. Using the installment method, how much profit will URBAN report for 2009? Aa
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