Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

It goes D-H and 33-79 See the table far below showing financial statement data and stock price data for Mydeco Corp. Complete the steps below

image text in transcribed
image text in transcribed
It goes D-H and 33-79
image text in transcribed
See the table far below showing financial statement data and stock price data for Mydeco Corp. Complete the steps below using cell references to giren data or previous calculations. In some cas a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computation only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. a. From 2015 to 2019 , what was the total cash flow from operations that Mydeco generated? b. What fraction of the total in (a) was spent on capital expenditures? c. What fraction of the total in (a) was spent paying dividends to shareholders? d. What was Mydeco's total retained eamings for this peniod? a. From 2015 to 2019, what was the total cash flow from operations that Mydeco generated? Cash flow from operations (million) b. What fraction of the total in (a) was spent on capital expenditures? Capital expenditures (million) Capital expenditures/cash flow from operations c. What fraction of the total in (a) was spent paying dividends to shareholders? Dividends (million) Dividends/cash flow from operations d. What was Mydeco's total retained eamings for this period? \begin{tabular}{lcccccc} Income Statement & 2015 & 2016 & 2017 & 2018 & 2019 \\ \hline Revenue & 404.3 & 363.8 & 424.6 & 510.7 & 604.1 \end{tabular} \begin{tabular}{lcccccc} Cost of Goods Sold & {[188.3)} & {[173.8)} & (206.2) & (246.8) & (293.4) \\ \hline Gross Profit & 216.0 & 190.0 & 218.4 & 263.9 & 310.7 \\ Sales and Marketing & (66.7] & (66.4) & (82.8) & (102.1) & (120.8) \\ Administration & (60.6) & {[59.1]} & (59.4) & (66.4) & (78.5) \\ Depreciation \& Amortization & (27.3) & (27.0) & (34.3) & (38.4) & (38.6) \\ \hline EBIT & 61.4 & 37.5 & 41.9 & 57.0 & 72.8 \\ \hline \end{tabular} \begin{tabular}{lccccc} Interest Income (Expense) & (33.7) & (32.9) & (32.2) & (37.4) & (39.4) \\ \hline Pretax Income & 27.7 & 4.6 & 9.7 & 19.6 & 33.4 \\ Income Tax & {[9.7)} & (1.6) & (3.4) & {[6.9)} & (117) \\ \hline Net Income & 18.0 & 3.0 & 6.3 & 12.7 & 21.7 \\ Shares ontstanding (millions) Eamings per share & 55.0 & 55.0 & 55.0 & 55.0 & 55.0 \\ & $0.33 & $0.05 & $0.11 & $0.23 & $0.39 \\ Balance Sheet & & & & & \\ \hline Assets & 2015 & 2016 & 2017 & 2018 & 2019 \\ Cash & & & & & \\ Accounts Feceivable & 48.8 & 68.9 & 86.3 & 77.5 & 85.0 \\ Inventory & 88.6 & 69.8 & 69.8 & 76.9 & 86.1 \\ Total Current Asssets & 33.7 & 30.9 & 28.4 & 31.7 & 35.3 \\ \hline Net Property, Plant \& Equip. & 1711 & 169.6 & 184.5 & 186.1 & 206.4 \\ Goodwill \& Intangibles & 361.7 & 243.3 & 309.0 & 345.6 & 347.0 \\ Total Assets & 778.1 & 774.6 & 855.2 & 893.4 & 915.1 \\ Liabilines \& Stockholders' Equity & & & & & \\ \hline \end{tabular} \begin{tabular}{lrrrrrr} Liabilinies \& Stockholders' Equity & & & & 85.2 & 893.4 & 915.1 \\ Accounts Payable & 18.7 & 17.9 & 22.0 & 26.8 & 31.7 \\ Accrued Compensation & 6.7 & 6.4 & 7.0 & 8.1 & 9.7 \\ \cline { 2 - 6 } Total Current Liabilities & 25.4 & 24.3 & 29.0 & 34.9 & 41.4 \\ Long-term Debt & 500.0 & 500.0 & 575.0 & 600.0 & 600.0 \\ \hline Total Liabilities & 525.4 & 524.3 & 604.0 & 634.9 & 641.4 \\ Stockholders' Equily & 2527 & 250.3 & 251.2 & 258.5 & 273.7 \\ \hline Total Liabilities \& & 778.1 & 774.6 & 855.2 & 893.4 & 915.1 \\ Stockholders' & & & & & \end{tabular} 30120152019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end in \$ millions) Income Statement Pevenue Cost of Goods Sold Gross Profit Sales and Marketing Administration Depreciation \& Amortization EBIT PretaxIncomeInterestIncome(Expense) Income Tax Net Income Shares outtanding (millions) Eamings per shane \begin{tabular}{l} Balance Sheet \\ \hline Atsets \\ Cash \\ Accounts Receivable \\ Inventory \\ Total Current Annets \\ Net Property. Plant 8 E \\ Goodill \& Intangibles \\ Total Assets \\ Liabilinier \& Srockholder \\ Accounts Pauable \\ Accrued Comperisation \\ Total Current Liabil \\ Longterm Debt \\ Total Liabilitien \\ Stockholders' Equity \\ Total Liabilities \& \end{tabular} Stockholders' 25 NetincomeStatementofCashFlows . Depreciation \& Amortization w. Chge in Accourits 7) 7 th

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_2

Step: 3

blur-text-image_3

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

Fiduciary Finance Investment Funds And The Crisis In Financial Markets

Authors: Martin Gold

1st Edition

1848448953, 9781848448957

More Books

Students also viewed these Finance questions

Question

Describe the different elements of the behavioral state machines.

Answered: 1 week ago