Chapter 28 5 5 all Mc Seved CLANCY'S DOG BISCUIT CORPORATION Balance Sheet as of December 31, 2821 and 2020 (in millions of dollars) Assets 2021 2020 Current assets: Current liabilities: Cash and marketable securities Accounts receivable $:10 $10 27 23 Accrued wages and taxes Accounts payable Inventory 33 28 Notes payable Total 5.70 5.61 Total Fixed assets: Long-tere debt Gross plant and equipment $.97 $76 Stockholders' equity: Less: Accumulated depreciation 18 Preferred stock (2 million shares) Net plant and equipment 24 5.73 21 Other long-term assets Common stock and paid-in-surplus (5 million shares) Retained earnings 21 Total 354 379 Total Total assets $164 $140 Total liabilities and equity CLANCY'S DOG BISCUIT CORPORATION Income Statement for Years Ending December 31, 2021 and 2020 tin millions of dollars) 2821 2020 Net Sales $ 3 Less: Cost of goods sold Gross profits 5 S Less: Other operating expenses Earnings before interest, taxes depreciation, and anortization (EBITDA) 5 1 Less: Accumulated depreciation 6 $ 12 $ 47 Earnings before interest and taxes (EBIT) Less: Interest 7 1 25 Earnings before taxes (EBT) Less Taxes S 34 7 het Incone S $20 S 27 111 Less: Preferred stock dividends T Brat sun m 94 40 46 8 38 6 96 44 54 7 47 Liabilities and Equity NOT > 2021 $18 22 22 162 $ 27 $2 11 62 $75 $164 Help 2020 112 20 $50 1:29 4.2 11 48 5.61 $140 Save & Exit Submit Check my work HW Chapter 28 5 1.5 d Seved Net income $ 20 S 27 Less: Preferred stock dividends 1 3 Net income available to coenon stockholders S 19 1 26 5 Less: Common stock dividends Addition to retained earnings: Per (common) share data: $ 14 $21 $ 3.00 $5.20 Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) $1.00 $1.00 114,60 $11.00 Market valor (price) per share (MVPS) $15.25 $15.20 Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation. (Enter your answers in millions of dollars. Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows for Year Ending December 31, 2021 (in minions of dollars) Cash flows from operating activities income Additions sources of cash Subtractions uses of cas Net cash flow from operating activites Cash flows from investing activities 5 Help Save & Ext Submit Check my work Hw Chapter 28 5 1.5 points ebook References Subtractions (uses of cash) Net cash flow from operating activities Cash flows from investing activities Subtractions: Net cash flow from investing activities Cash flows from financing activities Addisons Subtractions: Net cash flow from financing activities Net change in cash and marketable securities Seved Help Save & Exit Submit Check my work
