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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.
FY 2018
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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