Fitz Company reports the following information. Selected Annual Income Statement Data Selected Year-End Balance Sheet Data

Net income $412,000 Accounts receivable decrease $33,400
Depreciation expense 50,000 Inventory decrease 47,500
Amortization expense 7,300 Prepaid expenses increase 6,200
Gain on sale of plant assets 7,400 Accounts payable decrease 10,900
Salaries payable increase 1,300

Required:
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31.

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. b. the federal reserve bank acts as an insurance company that pays customers if their bank fails. c. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. d. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. 2b2t

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

What has caroline's payment history been like? support your answer with two examples