Question
Nabors Inc. 2007 and 2008 Balance Sheets ($ in millions) 2007 2008 2007 2008 Cash $310 $405 Accounts Payable $2,720 $2,570 Accounts Rec 2,640 3,055
Nabors Inc. 2007 and 2008 Balance Sheets ($ in millions)
2007 | 2008 | 2007 | 2008 | ||
Cash | $310 | $405 | Accounts Payable | $2,720 | $2,570 |
Accounts Rec | 2,640 | 3,055 | Notes Payable | 100 | 0 |
Inventory | 3,285 | 3,850 | Total | 2,820 | 2,570 |
Total | 6,225 | 7,310 | Long-term debt | 7,875 | 8,100 |
Net fixed assets | 10,960 | 10,670 | Common stock | 5,000 | 5,250 |
Retained Earnings | 1,490 | 2,060 | |||
Total assets | $17,185 | $17,980 | Total liab & equit | $17,185 | $17,980 |
Nabors Inc 2008 Income Statement ($ in millions)
Net sales | $9,610 |
Less: Cost of goods sold | 6,310 |
Less: Depreciation | 1,370 |
Earnings before interest and taxes | 1,930 |
Less: Interest pad | 630 |
Taxable Income | $1,300 |
Less: Taxes | 455 |
Net Income | $845 |
1. Based on the above information, please show the following calculations for Nabors, Inc. in year 2008
a. Please calculate the operating cash flow
b. Please calculate the reinvestment in net working cash flow
c. Please calculate the capital spendign
d. Please calculate the free cash flow
e. Please calculate the cash flow to stockholders
f. Please calculate the cash flow to bondholders
g. Please calcualte the free cash flow from financing perspective
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