sidual who is working on hung her Fundamental Concepts in Financial Management 3-17 FREE CASH FLOW...
3-17 FREE CASH FLOW Financial information for Powell Panther Corporation is shown here. Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2018 2017 Sales $ 1,200.0 $1,000,0 Operating costs excluding depreciation and amortization 1,020.0 850.0 EBITDA $ 180.0 $ 150.0 Depreciation and amortization 30.0 25.0 Earnings before interest and taxes (EBIT) $ 150.0 $ 125,0 Interest 21.7 20.2 Earnings before taxes (EBT) $ 1283 $ 104.8 Taxes (40%) 51.3 41.9 Net income $ 77.0 $...
FREE CASH FLOW Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2016 2015 Sales $1,560.0 $1,200.0 Operating costs excluding depreciation and amortization 1,209.0 1,020.0 EBITDA $351.0 $180.0 Depreciation and amortization 29.0 25.0 Earnings before interest and taxes (EBIT) $322.0 $155.0 Interest 34.0 26.0 Earnings before taxes (EBT) $288.0 $129.0 Taxes (40%) 115.2 51.6 Net income $172.8 $77.4 Common dividends $156.0 $62.0 Powell Panther Corporation: Balance Sheets...
FREE CASH FLOW Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2016 2015 Sales $1,955.0 $1,700.0 Operating costs excluding depreciation and amortization 1,466.0 1,445.0 EBITDA $489.0 $255.0 Depreciation and amortization 55.0 48.0 Earnings before interest and taxes (EBIT) $434.0 $207.0 Interest 43.0 37.0 Earnings before taxes (EBT) $391.0 $170.0 Taxes (40%) 156.4 68.0 Net income $234.6 $102.0 Common dividends $211.0 $82.0 Powell Panther Corporation: Balance Sheets...
Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2015 $1,495.0 $1,300.0 1121.0 1105.0 $374.0$%195.0 42.0 33.0 $332.0 $162.0 33.0 29.0 $299.0 $133.0 119.6 53.2 $179.4$79.8 2016 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization Earnings before interest and taxes (EBIT) Interest Earnings before taxes (EBT Taxes (40%) Net income Common dividends $161.0 $64.0 Powell Panther Corporation: Balance Sheets as of December 31 (Millions...
Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2016 2015 $3,375.0 $2,700.0 2.616.0 2.295.0 $759.0 $405.0 Sales EBITDA $688.0 $346.0 24.0 59.0 $614.0 $287.0 245.6 114.8 $368.4 $172.2 Earnings before interest and taxes (EBIT) Interest Earnings before taxes (EBT) Taxes (40%) Net income Common dividends $332.0 $138.0 Powell Panther Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2016 2015 Assets Cash and equivalents Accounts...
3-7: Free Cash Flow Problem Walk-Through Free Cash Flow Bailey Corporation's financial statements (dollars and shares are in millions) are provided here Balance Sheets as of December 31 2014 2013 Assets $14,000 25,000 22,505 $61,505 49,000 $110,505 Cash and equivalents Accounts receivable Inventories $ 11,000 20,000 17,000 $ 48,000 45,000 $93,000 Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals 10,500 6,900 7,500 $24,900 10,000 34,900 $9,000 5,100 6,000 $ 20,100 10,000...
Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2015 $1,495.0 $1,300.0 1.121.0 1105.0 $374.0 $195.0 33.0 $332.0 $162.0 29.0 $299.0 $133.0 53.2 $79.8 2016 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization Earnings before interest and taxes (EBIT) 42.0 Interest 33.0 Earnings before taxes (EBT) Taxes (40%) Net income 119.6 $179.4 $161.0 Common dividends $64.0 Powell Panther Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2016 2015 Assets Cash and...
Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization Earnings before interest and taxes (EBIT) Interest Earnings before taxes (EBT) Taxes (259) Net income Common dividends 2019 2018 $3,240.0 $2,700.0 2.592.0 2.295.0 $ 648.0 $ 405.0 71.0 62.0 $ 577.0 $ 343.0 213 59.4 $ 505.7 $ 283.6 2023 113.4 $ 303.4 $ 170.2 $ 273.1...
Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2019 2018 Sales $ 2,990.0 $ 2,600.0 Operating costs excluding depreciation and amortization 2,243.0 2,210.0 EBITDA $ 747.0 $ 390.0 Depreciation and amortization 80.0 73.0 Earnings before interest and taxes (EBIT) $ 667.0 $ 317.0 Interest 65.8 57.2 Earnings before taxes (EBT) $ 601.2 $ 259.8 Taxes (25%) 240.5 103.9 Net income $ 360.7 $ 155.9 Common dividends...
Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization Earnings before interest and taxes (EBIT) Interest Earnings before taxes (EBT) Taxes (40%) Net income 2018 $1,560.0 1.170.0 $ 390.0 32.0 $ 358.0 34.0 $ 324.0 129.6 2017 $1,300.0 1.105.0 $ 195.0 29.0 $ 166.0 29.0 $ 137.0 54.8 $ 194.4 82.2 Common dividends $ 175.0 Powell...