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Calculate net capital spending fy21 Finances Materials Income Statement Balance Sheet Balance Sheet FY20 FY21 FY20 FY21 Current Assets Current Liabilities Cash 205,000,000 317,800,000 Accounts
Calculate net capital spending fy21
Finances Materials Income Statement Balance Sheet Balance Sheet FY20 FY21 FY20 FY21 Current Assets Current Liabilities Cash 205,000,000 317,800,000 Accounts Payable 610,000,000 539,000,000 Accounts Receivable 450,000,000 562,800,000 Notes Payable 363,000,000 412,000,000 Total Current Inventory 35,000,000 91,400,000 973,000,000 951,000,000 Liabilities Total Current Assets 690,000,000 972,000,000 Long-Term Debt 15,746,000,000 16,389,000,000 Fixed Assets Net Plant & Equipment 18,994,000,000 20,258,000,000 Shareholder Equity Common Stock 2,000,000,000 2,643,000,000 Retained Earnings 965,000,000 1,247,000,000 Total Equity 2,965,000,000 3,890,000,000 Total Liabilities & Total Assets 19,684,000,000 21,230,000,000 19,684,000,000 21,230,000,000 EquityIncome Statement Balance sheet Income Statement FY29 FY21 Sales 11,1 50,000,000 12,633,000,000 Cost of Goods Sold 5,018,000,000 5,686,000,000 Other Expenses 4,460,000,000 5,054,000,000 Depreciation 892,000,000 1,011,000,000 Earnings Before Int. 8. Tax ?80,000,000 882,000,000 Interest Expense 446,000,000 506,000,000 Taxable Income 334,000,000 376,000,000 Taxes {25%) 83,500,000 94,000,000 Net Income 250,500,000 282,000,000 Dividends 0 0 Add. to Retained Earnings 250,500,000 282,000,000Step by Step Solution
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