Create a statement of cash flows for the year 2019 2019 2018 Sales 11,000 10,000 COGS...
Create a statement of cash flows for the year 2019
|
2019 |
2018 |
|
|
Sales |
11,000 |
10,000 |
|
COGS |
9,322 |
8,448 |
|
Gross Profit |
1,678 |
1,552 |
|
Depreciation and amortization |
380 |
360 |
|
Selling & Admin. Expense |
290 |
280 |
|
Earnings before interest and taxes |
1,008 |
912 |
|
Interest expense |
120 |
100 |
|
Earnings Before taxes |
888 |
812 |
|
Taxes |
222 |
203 |
|
Net income |
666 |
609 |
|
Note: |
||
|
Tax rate |
25% |
| 2019 | 2018 | |
| Assets | ||
| Cash | 550 | 500 |
| Short-term Investments | 110 | 100 |
| Accounts Receivable | 2,750 | 2,500 |
| Inventories | 1,650 | 1,500 |
| Total current assets | 5,060 | 4,600 |
| Gross plant and equipment | 4,813 | 4,375 |
| Accumulated Depreciation | 963 | 875 |
| Net Plant and equipment | 3,850 | 3,500 |
| Total Assets | 8,910 | 8,100 |
| Liabilities & Owner's Equity | ||
| Accounts Payable | 1,100 | 1,000 |
| Accruals | 550 | 500 |
| Notes Payable | 384 | 200 |
| Total current Liabilities | 2,034 | 1,700 |
| Long-term debt | 1,100 | 1,000 |
| Total liabilities | 3,134 | 2,700 |
| Common Stock | 4,312 | 4,400 |
| Retained Earnings | 1,464 | 1,000 |
| Total common equity | 5,776 | 5,400 |
| Total liabilities and equity | 8,910 | 8,100 |
Homework Answers
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Create a statement of cash flows for the year 2019
2019
2018
Sales
11,000
10,000
COGS...
Baresse Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2019 2018 Sales $11,000...
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Rhodes Corporation’s financial statements are shown below. Suppose the federal-plus-state tax corporate tax is 25%. Answer...
Rhodes Corporation’s financial statements are shown below.
Suppose the federal-plus-state tax corporate tax is 25%. Answer the
following questions.
e. What is the ROIC for 2020?
f. How much of the FCF did Rhodes use for each of the following
purposes: after-tax interest, net debt repayments, dividends, net
stock repurchases, and net purchases of short-term investments?
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prepare the statement of cash flow shonttennivesthents CHin: Remember that a et se cal be Rhodes...
prepare the statement of cash flow
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please prepare the cash flow statement Rhodes Corporation: Income Statements for Year Ending December 31 (Millions...
please prepare the cash flow statement
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Please show work
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Create the 2018 statement of cash flows, and it should be created on the appropriate tab...
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Rhodes Corporation’s financial statements are shown below.
Suppose the federal-plus-state tax corporate tax is 25%. Answer the
following questions.
e. What is the ROIC for 2020?
f. How much of the FCF did Rhodes use for each of the following
purposes: after-tax interest, net debt repayments, dividends, net
stock repurchases, and net purchases of short-term investments?
Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2019 $10,000 8,728 360 $ Sales Operating costs excluding depreciation Depreciation and...
prepare the statement of cash flow
shonttennivesthents CHin: Remember that a et se cal be Rhodes Corporation: Income Statements for Year Ending December 31 (Millionsf 2010 2009 Sales Operating costs excluding depreciation Depreciation Earnings before interest and taxes $11,000 9,360 380 S 1,260 120 S 1,140 $10,000 8,500 360 S 1,140 Less interest Earnings before taxes S 1,040 Taxes (40%) Net income available to common stockholders Common dividends S 624 S 684 S 220 S 200 Rhodes Corporation: Balance Sheets...
please prepare the cash flow statement
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Please show work
Midterm qu File View Tell me what you want to do... - . General Home Insert Page Layout Formulas Data Review X out Arial .10 - AA === Da Copy Format Painter inter BIU S .A.- Clipboard Font & Wrap Text Merge & Center - Norma Check Paste $ % & Conditional Format as Formatting Table Alignment Number P30 G ABC F F 1 MID TERM EXAMINATION QUESTION 2 REQUIRED: Based on the financial statements below, use...
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Create the 2018 statement of cash flows, and it should be
created on the appropriate tab of the Excel. Also finish the last
picture of the all totals and sub totals.
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