Fiscal 2018 (Millions of $) Fiscal 2017 (Millions of $) $ value change % change Net...
|
Fiscal 2018 (Millions of $) |
Fiscal 2017 (Millions of $) |
$ value change |
% change |
|
|
Net Earnings |
$91,465 |
$279,058 |
($187,593) |
(67.2%) |
|
Cash flows from operating activities |
$758,580 |
$1,012,073 |
($253,493) |
(25.0%) |
What are the possible causes for the net earnings and cash flow from operating activities decreasing from fiscal 2017 to fiscal 2018?
Homework Answers
There are mainly two possible cause for decreasing net earning and cash flow from Operating Activities will be:-
- Decrease in Sales Revenue.
- Increase in operating Expenses
Add Answer to:
Fiscal 2018
(Millions of $)
Fiscal 2017
(Millions of $)
$ value change
% change
Net...
Fiscal 2018 (Millions of $) Fiscal 2017 (Millions of $) $ value change % change Net...
Fiscal 2018 (Millions of $) Fiscal 2017 (Millions of $) $ value change % change Net Earnings $91,465 $279,058 ($187,593) (67.2%) Cash flows from operating activities $758,580 $1,012,073 ($253,493) (25.0%) Would the investors be happy or unhappy with this change?
2018 2017 $ 316 $ 242 867791 GARNERS' PLATOON MENTAL HEALTH CARE, INC. Balance Sheet as...
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Ramakrishnan, Inc. reported 2018 net income of $15 million and depreciation of $2,650,000. The top part...
Ramakrishnan, Inc. reported 2018 net income of $15 million and depreciation of $2,650,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 Current assets: Cash and marketable Securities Current liabilities: Accounts receivable Accrued wages and taxes $ 10 $ 18 Inventory Accounts payable Notes payable Total Total $123 Calculate the 2018 net cash flow from operating activities for Romakuishnan, Inc. (Enter your answer in dollars not in millions.) Net...
(In millions) Year Ended December 31, 2018 2017 Cash flows from operating activities Net income $ ...
(In millions) Year Ended December 31, 2018 2017 Cash flows from operating activities Net income $ 22,112 $ 15,934 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 4,315 3,025 Share-based compensation 4,152 3,723 Deferred income taxes 286 (377) Other (64) 24 Changes in assets and liabilities: Accounts receivable (1,892) (1,609) Prepaid expenses and other current assets (690) (192) Other assets (159) 154 Accounts payable 221 43 Partners payable 157 95 Accrued expenses and...
Using the data in the attached spreadsheet what is the free cash flow for years 2017, 2018 and 20...
Using the data in the attached spreadsheet what is the free cash flow for years 2017, 2018 and 20192 a. 2017 2018 2019 $12,964,000 S11,538,000 $16,411,000 Total Cash Flow From Operating Activities 11,491,000.00 10,079,000.00 10,173,000.00 Total Cash Flows From Investing Activities Total Cash Flows From Financing Activitles Net interest paid Tax rate 1,473,000.00-1,459,000.00-6,238,000.00 $10,557,022 $9,264,438 $4,505,872 681,000.00 777,000.00 692,000.00 18% 21% 17% $9,195,022 $7,710438 $3.121,872 10 S9,478,978 5 7,975,562 3,364,128
Using the data in the attached spreadsheet what is the...
elected balance sheet and income statement information from Verizon Communications Inc. follows. $ millions 2018 2017...
elected balance sheet and income statement information from Verizon Communications Inc. follows. $ millions 2018 2017 Current assets $34,636 $29,315 Current liabilities 37,171 33,037 Total liabilities 382,308 384,038 Equity 53,616 44,687 Earnings before interest and taxes 22,278 26,877 Interest expense, gross 4,736 4,733 Net cash flow from operating activities 34,339 23,832 Compute the following ratios for Verizon for both 2018 and 2017. Note: Round amount to two decimal places (for example, enter 6.78 for 6.77555). Ratio 2018 2017 a. Current...
SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017...
SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017 2018 Current assets Current liabilities Accounts payable Cash $ 35,085 $ 38.480 $ 37,852 S 42,932 Accounts 18,151 28,396 Notes payable 19,708 16,725 receivable Inventory 3,820 42,912 Other 20,494 25,194 Total $ 57056 $ 109,788 Total $ 78,054 $ 84,851 Long-term debt $118,500 $181,793 Owners equity Common stock and paid-in surplus Accumulated retained $ 55,700 $55,700 269,812 308,127 earnings Fixed assets Net plant and...
AMCE reported the following results for the past two years. 2018 2017 Profit margin 7.0% 5.0%...
AMCE reported the following results for the past two years. 2018 2017 Profit margin 7.0% 5.0% Asset turnover 2.0 2.5 Net borrowing cost (NBC) 3.0% 3.3% Average net financial obligations (millions) $2,250 $1,000 Average common equity (millions) $4,500 $ 4,000 A. Calculate the return on net operating assets (RNOA) and show how much of its change from 2017 to 2018 is due to change in profit margin and the change in asset turnover. B. Explain how much of the change...
Ramakrishnan, Inc. reported 2018 net income of $20 million and depreciation of $3,550,000. Ramakrishnan, Inc.’s 2018...
Ramakrishnan, Inc. reported 2018 net income of $20 million and
depreciation of $3,550,000. Ramakrishnan, Inc.’s 2018 and 2017
balance sheets is listed below.
What is the 20108 net cash flow from operating activities?
Net cash value (in dollars not millions)?
2018 2017 2018 2017 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 25 100 170 $295 $ 28 94 148 $270 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 44 76 70 $190...
The chief accountant for Grandview Corporation provides you with the company’s 2018 statement of cash flows...
The chief accountant for Grandview Corporation provides you with the company’s 2018 statement of cash flows and income statement. The accountant has asked for your help with some missing figures in the company’s comparative balance sheets. These financial statements are shown next ($ in millions). GRANDVIEW CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018 Cash Flows from Operating Activities: Collections from customers $ 126 Payment to suppliers (43 ) Payment of general & administrative expenses (33...
2018 2017 $ 316 $ 242 867791 GARNERS' PLATOON MENTAL HEALTH CARE, INC. Balance Sheet as of December 31, 2018 and 2017 (In millions of dollars) 2018 2017 Liabilities and Equity Curront liabilities: $ 421 $ Accrued wagos and taxes 1.020 Accounts payablo 1.760 1.581 Notes payable $3.290 $ Total Long-term debt: $4,743 Stockholders' equity: Proforred stock (30 million shares) $4972 $ Common stock and paid-in surplus (200 million shares) 790 Rotained oarnings $5,864 $4,893 Total $0 $7,889 Total liabilities...
Ramakrishnan, Inc. reported 2018 net income of $15 million and depreciation of $2,650,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 Current assets: Cash and marketable Securities Current liabilities: Accounts receivable Accrued wages and taxes $ 10 $ 18 Inventory Accounts payable Notes payable Total Total $123 Calculate the 2018 net cash flow from operating activities for Romakuishnan, Inc. (Enter your answer in dollars not in millions.) Net...
Using the data in the attached spreadsheet what is the free cash flow for years 2017, 2018 and 20192 a. 2017 2018 2019 $12,964,000 S11,538,000 $16,411,000 Total Cash Flow From Operating Activities 11,491,000.00 10,079,000.00 10,173,000.00 Total Cash Flows From Investing Activities Total Cash Flows From Financing Activitles Net interest paid Tax rate 1,473,000.00-1,459,000.00-6,238,000.00 $10,557,022 $9,264,438 $4,505,872 681,000.00 777,000.00 692,000.00 18% 21% 17% $9,195,022 $7,710438 $3.121,872 10 S9,478,978 5 7,975,562 3,364,128
Using the data in the attached spreadsheet what is the...
SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017 2018 Current assets Current liabilities Accounts payable Cash $ 35,085 $ 38.480 $ 37,852 S 42,932 Accounts 18,151 28,396 Notes payable 19,708 16,725 receivable Inventory 3,820 42,912 Other 20,494 25,194 Total $ 57056 $ 109,788 Total $ 78,054 $ 84,851 Long-term debt $118,500 $181,793 Owners equity Common stock and paid-in surplus Accumulated retained $ 55,700 $55,700 269,812 308,127 earnings Fixed assets Net plant and...
Ramakrishnan, Inc. reported 2018 net income of $20 million and
depreciation of $3,550,000. Ramakrishnan, Inc.’s 2018 and 2017
balance sheets is listed below.
What is the 20108 net cash flow from operating activities?
Net cash value (in dollars not millions)?
2018 2017 2018 2017 Current assets: Cash and marketable securities Accounts receivable Inventory Total $ 25 100 170 $295 $ 28 94 148 $270 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 44 76 70 $190...
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