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Consider Banana Co. has the following income statement and balance sheet data for FY 2018. In FY 2017, long-term liabilities = 500. Use the following
Consider Banana Co. has the following income statement and balance sheet data for FY 2018. In FY 2017, long-term liabilities = 500.
Use the following information, please computex, whenx = operating cash flows + CF to creditors.
Sales 2,262
Cost of goods sold 1,655
Depreciation 90
Other operating expenses 298
Interest expenses 49
Tax rate 0.34
Current assets 761
Net fixed assets 1,118
Current liabilities 603
Long-term liabilities 547
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