Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please show all working and all formulas if you are using excel Nabors, Inc. 2011 Income Statement ($ in millions) Net sales Less: Cost of
Please show all working and all formulas if you are using excel
Nabors, Inc. 2011 Income Statement ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income $9,610 6,310 1370 1,930 $1,300 1455 S 845 Nabors, Inc. 2010 and 2011 Balance Sheets (S in millions) 2010 2011 S 310 S 405 Accounts rec.2,640 3,055 2011 2,720 S 2,570 2010 Cash Accounts payable Notes payable 100 Inventory Total Net fixed assets 3,275 3,850Total 6225 5 7.310 Long-ter 10.960 10,670 S 2820 S 2,.570 7,875 8,100 5,000 5,250 m debt Common stock Retained earnings1.4902.060 Total assets S17.185 S1780 Total liab.& equity SL7,185 S17980 1. What is the change in the net working capital from 2010 to 2011? What is the amount of non-cash expenses for 2011? What is the amount of the net capital spending for 2011? What is the operating cash flow for 2011? What is the cash flow for 2011? What is the amount of net new borrowing for 2011? What is the cash flow to creditors for 2011? 2. 4. 6. 7Step 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