Homework Answers
free cash flow for the firm = EBIT*(1-tax rate) + Depreciation - net change in working capital - capital expenditure
net change in working capital = working capital 2018 - working capital 2017
working capital = current assets - current liabilities
net change in working capital = ($11,415 - $8,722) for 2018 - ($10,000 - $8,000) for 2017 = $2,693 - $2,000 = $693
Capital expenditure = Net PPE 2018 + Depreciation 2018 - Net PPE 2017
Capital expenditure = $31,000 + $550 - $30,000 = $1,550
free cash flow for the firm in 2018 = $4,950*(1-0.40) + $550 - $693 - $1,550 = $4,950*0.60 + $550 - $693 - $1,550 = $2,970 + $550 - $693 - $1,550 = $1,277
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Consider recent financials for Ellie's Essentials LLC: Balance Sheet 2018 2017 Current Assets $11,415.00 S10,000.00 S31,000.00...
The following balance sheet (BS) and income statement (IS) are available for Little Bit Inc. Prepare...
The following balance sheet (BS) and income statement (IS) are
available for Little Bit Inc. Prepare a statement of cash flows
(CF) for 2018:
Balance Sheet Cash Accounts Receivable (net) Inventory Prepaid Expenses Total Current Assets Plant and Equipment Less accumulated depreciation Plant and Equipment (net) Long-Term Investments Total Assets Accounts Payable Accrued Liabilities Total Current Liabilities Long-Term Debt Deferred Taxes Total Liabilities Common Stock ($1 par) and additional paid-in Retained earnings Total Liabilities and Equity December 31, 2018 2017...
Problem 6 (16 Marks) Consider the following financial statements for Yahi Inc. Balance Sheet 2017 2018...
Problem 6 (16 Marks) Consider the following financial statements for Yahi Inc. Balance Sheet 2017 2018 Assets Current assets $6,500 $5,000 Cash $31,500 $42,000 30,000 Accounts receivable 40,000 Inventory $75,000 $80,000 Total Fixed assets $393,750 Net plant and equipment 375,000 Total assets $450,000 $473,750 Liabilities and Owners Equity Current liabilities Accounts payable $50,000 $53,750 Notes payable 25,000 $26,250 $80,000 Total $75,000 Long-term debt Owners' equity $85,000 $89,250 Common stock Accumulated retained carnings $63,000 $60,000 230,000 241,500 Total $290,000 $304,500 Total...
Please construct a statement of cash flows for the mosr recent fiscal year (2017-2018) Balance Sheet ASSEETS Cash a...
Please construct a statement of cash flows for the mosr recent
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Balance Sheet ASSEETS Cash and marketable securities 2018 2014 ,425 90,078 309,099 28,826 250,00012,000 415,000 250,000 00,00077,653 595,948 Accounts receivable 270,00020,000 20,000 640,000$200,000100,000500,0005668,50 $995,948 Current Assets $591,099 Land, building and equipment 25,000 50,000 -150,000 350,000$300,000 Net fixed assets $225,000 $791,099 Total assets 968,503 2018 IABILITIES AND EOUITIES 2015 Shon-term bank loans 0,000 145,000 16,795 9.99850 11.626 10,506 5,000 65,000 3,100 175,00098,000$167329 271,000 467,000 Current liabilities $173.296...
The following balance sheet (BS) and income statement (IS) are
available for Little Bit Inc. Prepare a statement of cash flows
(CF) for 2018:
Balance Sheet Cash Accounts Receivable (net) Inventory Prepaid Expenses Total Current Assets Plant and Equipment Less accumulated depreciation Plant and Equipment (net) Long-Term Investments Total Assets Accounts Payable Accrued Liabilities Total Current Liabilities Long-Term Debt Deferred Taxes Total Liabilities Common Stock ($1 par) and additional paid-in Retained earnings Total Liabilities and Equity December 31, 2018 2017...
Problem 6 (16 Marks) Consider the following financial statements for Yahi Inc. Balance Sheet 2017 2018 Assets Current assets $6,500 $5,000 Cash $31,500 $42,000 30,000 Accounts receivable 40,000 Inventory $75,000 $80,000 Total Fixed assets $393,750 Net plant and equipment 375,000 Total assets $450,000 $473,750 Liabilities and Owners Equity Current liabilities Accounts payable $50,000 $53,750 Notes payable 25,000 $26,250 $80,000 Total $75,000 Long-term debt Owners' equity $85,000 $89,250 Common stock Accumulated retained carnings $63,000 $60,000 230,000 241,500 Total $290,000 $304,500 Total...
Please construct a statement of cash flows for the mosr recent
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Balance Sheet ASSEETS Cash and marketable securities 2018 2014 ,425 90,078 309,099 28,826 250,00012,000 415,000 250,000 00,00077,653 595,948 Accounts receivable 270,00020,000 20,000 640,000$200,000100,000500,0005668,50 $995,948 Current Assets $591,099 Land, building and equipment 25,000 50,000 -150,000 350,000$300,000 Net fixed assets $225,000 $791,099 Total assets 968,503 2018 IABILITIES AND EOUITIES 2015 Shon-term bank loans 0,000 145,000 16,795 9.99850 11.626 10,506 5,000 65,000 3,100 175,00098,000$167329 271,000 467,000 Current liabilities $173.296...
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