Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

looking for the answers in the blue outlines boxes Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $41 million, NOPAT of $95

looking for the answers in the blue outlines boxes
image text in transcribed
Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $41 million, NOPAT of $95 million, and depreciation of $25 million. Using this information, fill in the blanks on Rebecky's balance sheet below. (Enter your answers in millions of dollars.) REBECKY'S FLOWERS 4U, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) Assets 2021 2020 2021 2020 Current assets Current liabilities: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation Net plant and equipment Other long-term assets Total Total assets $ $ $ $ $ $ 38 $ 100 144 282 $ 570 55 515 $ 50 565 $ 847 $ S Liabilities and Equity 35 Accrued wages and taxes 90 Accounts payable 125 Notes payable 250 Total Long-term debt: 520 Stockholders' equity: 30 490 50 Retained earnings 540 Total 790 Total liabilities and equity Preferred stock (5 million shares) Common stock and paid-in surplus (30 million shares) $ $ $ $ 17 $ 70 $ $ 5 $ 60 262 327 $ 847 $ 15 90 70 75 25 325 5 60 225 290 790

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

Cases In Financial Management

Authors: I.M. Pandey

3rd Edition

0071333428, 978-0071333429

More Books

Students also viewed these Finance questions

Question

10. Describe the relationship between communication and power.

Answered: 1 week ago