Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

$ in millions Assets 2018 2019 Liabilities and Shareholders Equity 2018 2019 Current Assets Cash Accounts Receivable Inventory Total Current Liabilities Accounts Payable Notes Payable

image text in transcribed

image text in transcribed

$ in millions Assets 2018 2019 Liabilities and Shareholders Equity 2018 2019 Current Assets Cash Accounts Receivable Inventory Total Current Liabilities Accounts Payable Notes Payable 4,120 3,481 4,724 2,184 1,847 8,081 9,821 19,749 2,842 12,219 9,857 24,917 Total 7,601 6,909 Long Term Debt 7,246 8,063 Fixed Assets Net Plant and Equipment 29,197 30,352 Shareholder's Equity Common Stock and Paid-in Surplus Retained Earnings Total 10,656 23,443 34,099 11,366 28,931 40,297 Total Assets 48,947 55,269 Total Liabilities and Shareholder's Equity 48,947 55,269 2019 Income Statement Net Sales Cost of Goods Sold (COGS) Depreciation Earnings Before Interest and Taxes (EBIT) Interest Paid Taxable income Taxes (34%) Net Income 26,800 13,320 1,154 12,325 1,243 11,082 3,768 7,314 1,829 5,485 $ Dividends Addition to Retained Earnings Use the Financial Statement spreadsheet to answer these questions: 1. What is your net working capital for 2019? 2. What is your change in net working capital from 2018 to 2019? 3. What is your cash flow to creditors? 4. What was your net capital spending? 5. What is your cash flow to stockholders? 6. What is your operating cash flow (OCF)? 7. What is your Free Cash Flow (Cash Flow From Assets)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Biblical Finance Reflections On Money Wealth And Possessions

Authors: Mark Lloydbottom, Keith Tondeur

1st Edition

0956395023, 978-0956395023

More Books

Students also viewed these Finance questions

Question

5.6 Describe alternatives to recruitment?

Answered: 1 week ago

Question

5.4 Identify external recruitment sources.

Answered: 1 week ago