need help for this
Use the following information to answer the following 6 questions: If Mydeco purchased $12 million in equipment in 2013, and then depreciated it by $4 million per year (2014, 2015, and 2016) and given Mydeco's Income tax rate of 35%... 14. What would be the new Net income for 2014? 3.7 15. What would be the new change to cash flow for 2014'? Text 16. What would be their new Net Income for 2015? 10.1 17. What would be the new change to cash flow for 2015? Text 18. What would be the new Net Income for 2016? 19.1 19. What would be the new change to cash flow in 2016? Text Table 2.5 Mydeco Corp. 2012201 6 Income Statement Revenue Cost of Goods Sold Gross prot Sales and Marketing Administration Depreciation 8. Amortization EBIT Interest Income (Expense) Pretax Income Income Tax Net Income Shares outstanding (millions) Eamings per share Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Assets Net Property, Plant a Equip. Goodwill 8. Intangibles Liabilities 8. Stockholders' Equity Accounts Payable Accrued Compensation Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity Statement of Cash Flows Net Income Depreciation 8. Amortization Chg. In Accounts Receivable Chg. In Inventory Chg. In Payables 8. Accrued Comp Cash from Operations Capital Expenditures Cash from Investing Activities Dividends Paid Sale (or purchase) of stock Debt Issuance (Pay Down) Cash from Financing Activities Change in Cash Mydeco Stock Price 2012-2016 Financial Statement Data and Stock Price Data for (All data as of scal year end; $ in millions) 2012 404.3 -188.3 216 -66.7 -60.6 -27.3 61.4 -33.7 27.7 -9.7 201 8 604. 1 -293.4 310.7 -120.8 -78.5 -38.6 72.8 -39.4 33.4 -11.7 21.7 55 $0.39 48.5 -25 -25 -5.4 -5.4 18.1 $7.90 M deco C0 0. 2013 2014 2015 363.8 424.6 510.7 -173.8 -206.2 - 246.8 190 218.4 263.9 -66.4 -82.8 - 102.1 -59.1 -59.4 -66.4 -27 -34.3 -38.4 37.5 41.9 57 -32.9 -32.2 -37.4 4.6 9.7 19.6 -1.6 -3.4 -6.9 3 6.3 12.7 55 55 55 $0.05 $0.11 $0.23 2013 2014 2015 68.8 86.2 77.4 69.8 69.8 76.9 30.9 28.4 31.7 169.5 186 243.3 309 345.6 361.7 361.7 361.7 774.5 855.1 893.3 17.9 22 26.8 6.4 7 8.1 24.3 29 34.9 500 575 600 524.3 604 251.2 258.5 774.6 855.2 893.4 2013 2014 2015 3 6.3 12.7 27 34.3 38.4 18.8 0 -7.1 2.8 2.5 -3.3 -1.1 4.7 5.9 47.8 46.6 -25 -100 -75 -25 -100 -75 -5.4 -5.4 -5.4 0 0 0 0 75 25 -5.4 19.6 20.1 17.4 -8.8 $3.29 $5.23 $8.70 $10.87