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Help finding the free cash flow to equity and free cash flow to firm! Balance Sheet Income Statement: Assets Cash Accounts Receivable Inventories Total Current
Help finding the free cash flow to equity and free cash flow to firm!
Balance Sheet
Income Statement:
Assets Cash Accounts Receivable Inventories Total Current Assets 2008 55,528 $ 632,160 1,287,360 1,975,048 2007 57,600 375,000 727,128 1,159,728 Land, Plant & Equipment Land Buildings Less: Accumulated Depreciation Equipment Less: Accumulated Depreciation Total Land, Plant & Equipment 145,000 280,000 (46,750) 450,000 (137,200) 691,050 65,000 150,000 (36,000) 305,000 (110,200) 373,800 Investments Total Assets 19,000 2,685,098 26,000 1.559,528 $ $ Liabilities & Equity Accounts Payable Notes Payable Wages Payable Interest Payable Taxes Payable Total Current Liabilities 343,720 $ 620,000 250,000 233,000 6,600 1,453,320 123,760 248,000 50,000 120,000 4,000 545,760 Long-Term Debt 500,000 350,000 Common Stock (10,000 shares) Retained Earnings Total Equity 480,000 251.778 731,778 460,000 203,768 663,768 Total Liabilities & Equity $2,685,098 $1,559,528 ABC Company Income Statement For Year Ended 12/31/2018 6,834,400 5,728,000 1,106,400 Sales Cost of Goods Sold Gross Profit Operating Expenses Wages Supplies Advertising Depreciation Total Operating Expenses 520,000 20,000 140,000 86,250 766,250 Operating Profit 340,150 Other Income Interest Income Gain from sale of investment Total Other Income 2,000 2,200 4,200 Other Expenses Interest Expense Loss on Sale Total Other Expenses 176,000 5,000 181,000 EBT Taxes Net Income 163,350 65,340 98,010 $ Assets Cash Accounts Receivable Inventories Total Current Assets 2008 55,528 $ 632,160 1,287,360 1,975,048 2007 57,600 375,000 727,128 1,159,728 Land, Plant & Equipment Land Buildings Less: Accumulated Depreciation Equipment Less: Accumulated Depreciation Total Land, Plant & Equipment 145,000 280,000 (46,750) 450,000 (137,200) 691,050 65,000 150,000 (36,000) 305,000 (110,200) 373,800 Investments Total Assets 19,000 2,685,098 26,000 1.559,528 $ $ Liabilities & Equity Accounts Payable Notes Payable Wages Payable Interest Payable Taxes Payable Total Current Liabilities 343,720 $ 620,000 250,000 233,000 6,600 1,453,320 123,760 248,000 50,000 120,000 4,000 545,760 Long-Term Debt 500,000 350,000 Common Stock (10,000 shares) Retained Earnings Total Equity 480,000 251.778 731,778 460,000 203,768 663,768 Total Liabilities & Equity $2,685,098 $1,559,528 ABC Company Income Statement For Year Ended 12/31/2018 6,834,400 5,728,000 1,106,400 Sales Cost of Goods Sold Gross Profit Operating Expenses Wages Supplies Advertising Depreciation Total Operating Expenses 520,000 20,000 140,000 86,250 766,250 Operating Profit 340,150 Other Income Interest Income Gain from sale of investment Total Other Income 2,000 2,200 4,200 Other Expenses Interest Expense Loss on Sale Total Other Expenses 176,000 5,000 181,000 EBT Taxes Net Income 163,350 65,340 98,010 $Step by Step Solution
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