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2) (10 points) Company XYZ reports the following information on its Balance Sheet in the beginning of 2022 Assets 5000 Liabilities 2500 Contributed Equity 1000
2) (10 points) Company XYZ reports the following information on its Balance Sheet in the beginning of 2022
Assets 5000
Liabilities 2500
Contributed Equity 1000
Retained Earnings 1500
Owner's Equity 2500
Total Liab + Equity 5000
Income Statement end of 2022
Revenue 1500
Op Expenses 1150
Depreciation 100
Interest Paid 50
Taxes Paid 125
Taxes Deferred 25
Net Income ???
Dividends 100
Retained Earnings ???
End of 2022 Cumulative Retained Earnings ???
Additional Equity Capital Raised during Yr 2022 750
New Debt Raised during Yr 2022 800
Old Debt Repaid during Yr 2022 300
*** Net New Debt Raised increased interest paid in 2021 by 125
Operating Cash Flow at End of 2022 ???
Financing Cash Flow at End of 2022 ???
Net Free Cash Flow at the end of 2022 ???
End of 2022 Owner's Equity ???
End of 2022 Assets ???
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Public Finance An International Perspective
Authors: Joshua E. Greene
1st Edition
9814365041, 978-9814365048
