Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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

Applied Quantitative Finance

Authors: W.; T. Kleinkow; G. Stahl Hardle

1st Edition

3540434607, 978-3540434603

More Books

Students also viewed these Finance questions