Homework Answers
| EBIT*(1-tax rate) + Depreciation = 7,481,048 | |||
| Capex = Current year Net PP&E - Previous year Net PP&E + D&A | |||
| Capex = 327,103 | |||
| Current year | Previous year | ||
| Current Assets | 228414460 | 222367920 | |
| Less : Current Liabilities | 20426482 | 21527131 | |
| NWC | 207987978 | 200840789 | |
| Change in NWC = Current year NWC - Previous year NWC | |||
| Change in NWC = 207987978 - 200840789 | |||
| Change in NWC = 7147189 | |||
| Free cash flow from assets = EBIT*(1-tax rate) + Depreciation - Capex - Change in working capital | |||
| CFFA = 7481048 - 327103-7147189 | |||
| CFFA = 6756 | |||
| CF to creditors = Interest paid - net new borrowings | |||
| CF to creditors = 4132 | |||
| CF to stockholders = Dividend paid - net new equity raised | |||
| CF to stockholders = 2624 | |||
| Cash flow from assets = Cash flow to debtholder + Cash flow to stockholder | |||
| Cash flow from assets = 4132+2624 | |||
| Cash flow from assets = 6756 | |||
Add Answer to:
NCS = 1,548,264 - 1,314,239 + 93,078 = 327,105 c) Changes in NWC (B/S) = ending...
OCF=operating cash flow NCS-net capital spending NWC= net working capital CFS=cash flow to shareholders CFC=cash flow...
OCF=operating cash flow
NCS-net capital spending
NWC= net working capital
CFS=cash flow to shareholders
CFC=cash flow to creditors
FCF=free cash flow
1. A firm has the financial information shown below. The average tax rate is 30%. The plowback ratio is 50%. Calculate OCF, NCS, change in NWC, CFS, CFC, and FCF. Income Statement 2019 Revenues $20,000 Cost of Goods Sold $10.000 Other operating expenses $1,000 Depreciation expense $3.000 EBIT $6,000 Interest Expense $3,200 Taxable income $2.800 Taxes $840 Net income...
please show work for last question, addition to NWC nework set Square Hammer Corp. shows the...
please show work for last question, addition to
NWC
nework set Square Hammer Corp. shows the following information on its 2018 income statement Sales = $251,000: Costs $156,000: Other expenses = $7900: Depreciation expense $18,400: Interest expense = $14.400; Taxes S19.005. Dividends S11.500. In addition, you're told that the firm issued $5,900 in new equity during 2018 and redeemed $4,400 in outstanding long-term debt a. What is the 2018 operating cash flow? (Do not round intermediate calculations.) b. What is...
this question was not fully answered change in NWC: Fixed Asset Sold: Cash Flow from Asset: Debt Retired: Cash f...
this question was not fully answered
change in NWC:
Fixed Asset Sold:
Cash Flow from Asset:
Debt Retired:
Cash flow to Creditors:
HW 2 Saved Consider the following abbreviated financial statements for Parrothead Enterprises PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Assets 2017 $1.266 $1,387 5,043 Liabilities and Owners' Equity 2018 2017 2018 $ 552 $ 601 2,738 Current assets Net fixed assets Current liabilities oints 6,098 Long-term debt 2,915 eBook PARROTHEAD ENTERPRISES 2018 Income Statement $15,778 7,225 1,423...
Ulǐ https://newconnect.mheducation.com/flow tml 2 Assignment Square Hammer Corp. shows the following information on its 2018 income...
Ulǐ https://newconnect.mheducation.com/flow tml 2 Assignment Square Hammer Corp. shows the following information on its 2018 income statement Sales $227,000; costs $129,000; Other expenses $7,900; Depreciation expense $14,200: Interest expense $13,700; Taxes $21,770; Dividends $10,500. In addition, you're told that the firm issued $5,200 in new equity during 2018 and redeemed $3,700 in outstanding long-term debt a. What is the 2018 operating cash flow? (Do not round intermediate calculations.) b. What is the 2018 cash flow to creditors? (Do not round...
Digital Bhd Balance Sheet as o' 31 D,cember 2017 2018 milion) nillion) million Cash 300 Fixed ass...
How to do question (b)?
Digital Bhd Balance Sheet as o' 31 D,cember 2017 2018 milion) nillion) million Cash 300 Fixed assets Fixed assets at cost 1.566 (610 2,373 2,718 Acoumulated depreciation Total Assets 6)1.135 1.250 2,055 2.635 Current liabilties Accounts payable Other aceruas Long-term Liablities 10% Debentures de 2000 Total Liabilities 81 20 30 1,000 1,764 701 1,361 Shareholders Equity Common stock, RM 1 par, 100.000,000 shares issued and outstand 100 105 2,535 100 105 344 1,250 Share Premium...
Name Student Number In Class Exercise Tuesday, January 29, 2019 Calculate Net New Borrowing using the...
Name Student Number In Class Exercise Tuesday, January 29, 2019 Calculate Net New Borrowing using the following information: Dividends Paid Net New Equity Issued Operating Cash Flow 53,000 29,000 117.000 Net Capital Spending Change in NWC Interest Paid 22.000 21,000 60,000 Name Student Number In Class Exercise Tuesday, January 29, 2019 Calculate Net New Borrowing using the following information: Dividends Paid Net New Equity Issued Operating Cash Flow 53,000 29,000 117,000 Net Capital Spending Change in NWC Interest Paid 22.000...
he sum of NWC and the market value or IRe aS Calculating Total Cash Flows [LO4]...
he sum of NWC and the market value or IRe aS Calculating Total Cash Flows [LO4] Volbeat Corp. shows the following informa- $148,000; other ex- 14. tion on its 2015 income state ment: sales-$267,000; costs $17,600; interest expense $12,400; taxes $8.200; depreciation expense $32.620; dividends $15,500. In addition, you're told that the firm issued $6,400 in new equity during 2015 and redeemed $4,900 in outstanding long-term debt. a. What is the 2015 operating cash flow? I. What is the 2015...
statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31,...
statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2041, is as follows: Dec. 31, Dec. 31, 2011 Assets 2012 Cash $145 Accounts receivable (net) Inventories Land Equipment Accumulated depreciation equipment (18) Total Assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid in capital: Excess of issue price over par- common stock Retained earnings Total liabilities and stockholders equity Total liabilities and stockholders' equity...
2016 2017 2016 2017 Current assets $ 934 $ 984 Current liabilities $ 375 $ 398...
2016 2017 2016 2017 Current assets $ 934 $ 984 Current liabilities $ 375 $ 398 Net fixed assets 3,897 4,576 Long-term debt 2,021 2,167 WESTON ENTERPRISES 2017 Income Statement Sales $ 11,770 Costs 5,710 Depreciation 1,060 Interest paid 180 a. What was owners' equity for 2016 and 2017? (Do not round intermediate calculations.) Owners' equity 2016 $ Owners' equity 2017 $ b. What was the change in net working capital for 2017? (Do not round intermediate calculations.) Change in...
At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $10,200...
At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $10,200 and liabilities of $5,400. During the year, liabilities decreased by $1,100. Net income for the year was $2,350, and net assets at the end of the year were $5,150. There were no changes in paid-in capital during the year. Required Calculate the dividends, if any, declared during the year. (Negative amounts should be indicated by a minus sign.) Stockholders' Equity Assets Liabilities PIC RE...
OCF=operating cash flow
NCS-net capital spending
NWC= net working capital
CFS=cash flow to shareholders
CFC=cash flow to creditors
FCF=free cash flow
1. A firm has the financial information shown below. The average tax rate is 30%. The plowback ratio is 50%. Calculate OCF, NCS, change in NWC, CFS, CFC, and FCF. Income Statement 2019 Revenues $20,000 Cost of Goods Sold $10.000 Other operating expenses $1,000 Depreciation expense $3.000 EBIT $6,000 Interest Expense $3,200 Taxable income $2.800 Taxes $840 Net income...
please show work for last question, addition to
NWC
nework set Square Hammer Corp. shows the following information on its 2018 income statement Sales = $251,000: Costs $156,000: Other expenses = $7900: Depreciation expense $18,400: Interest expense = $14.400; Taxes S19.005. Dividends S11.500. In addition, you're told that the firm issued $5,900 in new equity during 2018 and redeemed $4,400 in outstanding long-term debt a. What is the 2018 operating cash flow? (Do not round intermediate calculations.) b. What is...
this question was not fully answered
change in NWC:
Fixed Asset Sold:
Cash Flow from Asset:
Debt Retired:
Cash flow to Creditors:
HW 2 Saved Consider the following abbreviated financial statements for Parrothead Enterprises PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Assets 2017 $1.266 $1,387 5,043 Liabilities and Owners' Equity 2018 2017 2018 $ 552 $ 601 2,738 Current assets Net fixed assets Current liabilities oints 6,098 Long-term debt 2,915 eBook PARROTHEAD ENTERPRISES 2018 Income Statement $15,778 7,225 1,423...
Ulǐ https://newconnect.mheducation.com/flow tml 2 Assignment Square Hammer Corp. shows the following information on its 2018 income statement Sales $227,000; costs $129,000; Other expenses $7,900; Depreciation expense $14,200: Interest expense $13,700; Taxes $21,770; Dividends $10,500. In addition, you're told that the firm issued $5,200 in new equity during 2018 and redeemed $3,700 in outstanding long-term debt a. What is the 2018 operating cash flow? (Do not round intermediate calculations.) b. What is the 2018 cash flow to creditors? (Do not round...
How to do question (b)?
Digital Bhd Balance Sheet as o' 31 D,cember 2017 2018 milion) nillion) million Cash 300 Fixed assets Fixed assets at cost 1.566 (610 2,373 2,718 Acoumulated depreciation Total Assets 6)1.135 1.250 2,055 2.635 Current liabilties Accounts payable Other aceruas Long-term Liablities 10% Debentures de 2000 Total Liabilities 81 20 30 1,000 1,764 701 1,361 Shareholders Equity Common stock, RM 1 par, 100.000,000 shares issued and outstand 100 105 2,535 100 105 344 1,250 Share Premium...
Name Student Number In Class Exercise Tuesday, January 29, 2019 Calculate Net New Borrowing using the following information: Dividends Paid Net New Equity Issued Operating Cash Flow 53,000 29,000 117.000 Net Capital Spending Change in NWC Interest Paid 22.000 21,000 60,000 Name Student Number In Class Exercise Tuesday, January 29, 2019 Calculate Net New Borrowing using the following information: Dividends Paid Net New Equity Issued Operating Cash Flow 53,000 29,000 117,000 Net Capital Spending Change in NWC Interest Paid 22.000...
he sum of NWC and the market value or IRe aS Calculating Total Cash Flows [LO4] Volbeat Corp. shows the following informa- $148,000; other ex- 14. tion on its 2015 income state ment: sales-$267,000; costs $17,600; interest expense $12,400; taxes $8.200; depreciation expense $32.620; dividends $15,500. In addition, you're told that the firm issued $6,400 in new equity during 2015 and redeemed $4,900 in outstanding long-term debt. a. What is the 2015 operating cash flow? I. What is the 2015...
statement of Cash Flows-Indirect Method The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 2012 and 2041, is as follows: Dec. 31, Dec. 31, 2011 Assets 2012 Cash $145 Accounts receivable (net) Inventories Land Equipment Accumulated depreciation equipment (18) Total Assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid in capital: Excess of issue price over par- common stock Retained earnings Total liabilities and stockholders equity Total liabilities and stockholders' equity...
At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $10,200 and liabilities of $5,400. During the year, liabilities decreased by $1,100. Net income for the year was $2,350, and net assets at the end of the year were $5,150. There were no changes in paid-in capital during the year. Required Calculate the dividends, if any, declared during the year. (Negative amounts should be indicated by a minus sign.) Stockholders' Equity Assets Liabilities PIC RE...
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