Business analysis

12:37 . Done Mid-term exam_2021.docx Question 1: MS Corp. reported the following in its annual report to the Securities and Exchange Commission for fiscal year ending June 30, 2011. Classify each item as involving an operating, investing, or financing activity. Please apply the classification standard as explained for Discounted Cash Flow Model in our main text book (instead of Generally Accepted Accounting Principle such as IFRS or US GAAP). (2 points for each + 5 points of bonus) 1. Common stock dividends 5,394 b. General and administrative expenses 4.222 c. Sales and marketing expenses 13,940 d. Common stock issues 2.422 e. Common stock repurchases 11.555 f. Sales revenue 69.943 g. Research and development expenditures 9,043 h. Income taxes 4.921 1. Additions to property and equipment 2.355 J. Accounts receivable 14.987 Question 2: Suggest a logical answer(s) why Free cash flow is not a value-added concept. (Do your best, and any logical discussion will count.) (25 points) Question 3: The following questions pertain to the same firm: (1) The balance sheet (statement of financial position) reports S400 million in total assets and S 250 million in shareholders' equity at the end of a fiscal period. What are the firm's liabilities in total? (2) The comprehensive income statement reports $ 30 million in net income and $175 million in total expenses for the period. What are the firm's revenues in total? (3) The shareholder's equity (in total) has a beginning balance for the period of S230 million and the firm had a net payout to shareholders of $12 million. What is the firm's (total) comprehensive income for the year? You may apply Clean Surplus Relation (4) There were no share issues or stock repurchases (treasury stock repurchases) during the year. How much did the firm pay in cash dividends, given numbers in (3) Take into account that stock dividends are simply capitalization of retained camnings. Question 4: On November 1, 2019, Mr. Daniel Kim, an individual stock MS news that 12:37 . Done Mid-term exam_2021.docx Question 1: MS Corp. reported the following in its annual report to the Securities and Exchange Commission for fiscal year ending June 30, 2011. Classify each item as involving an operating, investing, or financing activity. Please apply the classification standard as explained for Discounted Cash Flow Model in our main text book (instead of Generally Accepted Accounting Principle such as IFRS or US GAAP). (2 points for each + 5 points of bonus) 1. Common stock dividends 5,394 b. General and administrative expenses 4.222 c. Sales and marketing expenses 13,940 d. Common stock issues 2.422 e. Common stock repurchases 11.555 f. Sales revenue 69.943 g. Research and development expenditures 9,043 h. Income taxes 4.921 1. Additions to property and equipment 2.355 J. Accounts receivable 14.987 Question 2: Suggest a logical answer(s) why Free cash flow is not a value-added concept. (Do your best, and any logical discussion will count.) (25 points) Question 3: The following questions pertain to the same firm: (1) The balance sheet (statement of financial position) reports S400 million in total assets and S 250 million in shareholders' equity at the end of a fiscal period. What are the firm's liabilities in total? (2) The comprehensive income statement reports $ 30 million in net income and $175 million in total expenses for the period. What are the firm's revenues in total? (3) The shareholder's equity (in total) has a beginning balance for the period of S230 million and the firm had a net payout to shareholders of $12 million. What is the firm's (total) comprehensive income for the year? You may apply Clean Surplus Relation (4) There were no share issues or stock repurchases (treasury stock repurchases) during the year. How much did the firm pay in cash dividends, given numbers in (3) Take into account that stock dividends are simply capitalization of retained camnings. Question 4: On November 1, 2019, Mr. Daniel Kim, an individual stock MS news that