Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PART 4: Scenario-Based Multiple-Choice Questions Use the below information to answer the following FIVE questions (numbered 16 through 20). This information was extracted from the
PART 4: Scenario-Based Multiple-Choice Questions Use the below information to answer the following FIVE questions (numbered 16 through 20). This information was extracted from the 2018 and 2019 annual reports of Jacky Company. 2010 2018 2019 2018 $565.000 $350,000 $640,000 $540,000 $530 000 $460,000 $220,000 $195,000 $150.000 $60.000 Gross Fixed Assets Depreciation and Amortization Earnings before interest and Taxes Number of Shares Outstanding Book Value of Equity Accumulated Depreciation Inventory Mortgage Payable Accruals Accounts Payable $1.100.000 $850,000 Retained Earnings $40,000 $30,000 Cash $1.150.000 $360,000 Accounts Receivable 24,000 20.000 Notes Payable 51.515,000 $1,010,000 Interest Expense $200,000 $180,000 After-Tax Percentage Cost of Capital $470,000 $370,000 PE $180,000 $140,000 Tax Rate $265,000 $235,000 Land $360,000 $480.000 12% 12% 3.00 1.75 40% 40% $255,000 $95 000 16. What was the change in net operating working capital (ANOWC)?* 5 points $260,000 $290,000 $360,000 $390,000 O None of the above 17. What was the 2019 free cash flow (FCF)?* 5 points $20,000 $120,000 $320,000 $420,000 None of the above 18. What was the company's 2019 economic value added (EVA)? 5 points $460,200 O $540,000 $640,200 $950,200 None of the above 19. How much in dividends did the firm pay during 2019?* 5 points $265,000 $365,000 $385,000 $465,000 None of the above 5 points 20. What was the company's market value added (MVA) by year-end 2019? $165,000 $225,000 O $285,000 $345,000 None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started