Question
(10 Points) Use the following information to calculate: Free Cash Flow Uses of Free Cash Flow Bo Knows Profit Corporation Income Statement for Year Ending
- (10 Points) Use the following information to calculate:
- Free Cash Flow
- Uses of Free Cash Flow
- Free Cash Flow
- Uses of Free Cash Flow
Bo Knows Profit Corporation
Income Statement for Year Ending 2015
| Sales | $4,400 |
| Less: Costs | 2,800 |
| Depreciation | 450 |
| EBIT | 1,150 |
| Less: Interest | 175 |
| EBT | 975 |
|
| 390 |
| Net Income | $585 |
| Dividends | 200 |
| Addition to Retained Earnings | 385 |
Bo Knows Profit Corporation
Balance Sheets for End of Years 2014, 2015
|
| 2014 | 2015 |
| 2014 | 2015 |
| Cash | 170 | 100 | Accounts Payable | 135 | 120 |
| Accounts Receivable | 500 | 700 | Notes Payable | 1,200 | 1,400 |
| Inventory | 1,240 | 1,000 | Current Liabilities | 1,335 | 1,520 |
| Current Assets | 1,910 | 1,800 | Long-term Debt | 2,005 | 2,620 |
| Fixed Assets | 2,000 | 3,395 | Common Stock | 100 | 200 |
|
|
|
| (50 shares) |
|
|
|
|
|
| Retained Earnings | 470 | 855 |
| Total Assets | 3,910 | 5,195 | Total Liab. & Equity | 3,910 | 5,195 |
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Financial Management For Nonprofit Human Service Organizations
Authors: Raymond Sanchez Mayers
2nd Edition
0398075131, 9780398075132
