Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLEASE ANSWER WHAT IS ALLOWED USING PAPER AND PENCIL RATHER THAN EXCEL. tHANK YOU SO MUCH FOR YOUR HELP Sin millions Assets 2018 2019 Liabilities
PLEASE ANSWER WHAT IS ALLOWED USING PAPER AND PENCIL RATHER THAN EXCEL. tHANK YOU SO MUCH FOR YOUR HELP
Sin millions Assets 2018 2019 Liabilities and Shareholders Equity 2018 2019 Current Assets Cash Accounts Receivable Inventory Total 2,842 12,219 1,847 8,081 9,821 19,749 Current Liabilities Accounts Payable Notes Payable 4,120 3,481 4,724 2,184 9,857 24,917 Total 7,601 6,909 Fixed Assets Net Plant and Equipment Long Term Debt 7,246 29,197 8,063 30,352 Shareholder's Equity Common Stock and Paid-in Surplus Retained Earnings Total 10,656 23,443 34,099 11,366 28,931 40,297 48,947 55,269 Total Liabilities and Shareholder's Equity Total Assets 48,947 55,269 2019 Income Statement s Net Sales Cost of Goods Sold (COGS) Depreciation Earnings Before Interest and Taxes (EBIT) Interest Paid Taxable income Taxes (34%) Net Income Dividends 26,800 13,320 1,154 12,325 1,243 11,082 3,768 7,314 $ Addition to Retained Earnings 1,829 5,485 FINA 360 Ch 2 In-class Problems Use the Financial Statement spreadsheet to answer these questions: 1. What is your net working capital for 2019? 24,917 - 6909 = 18,008.00 2. What is your change in net working capital from 2018 to 2019? 19749- 7601 = 12,148 18,008.00 - 12.148 - 3. What is your cash flow to creditors? 5,860 4. What was your net capital spending? What is your cash flow to stockholders? 5. 6. What is your operating cash flow (OCF)? 7. What is your Free Cash Flow (Cash Flow From Assets)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