+ Prepare a pro forma cash flow forecast with 0.50 per year dividend by completing the...
Get step-by-step solutions with AI-powered insights and expert guidance to help you understand core concepts.
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66579a0d22698_10166579a0d1cb3c.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66579a0da5428_10166579a0d9fcf6.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66579a0e73076_10266579a0e00d61.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66579a0eb7668_10266579a0eb2fcb.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66579a0ee96bc_10266579a0ee50fb.jpg)
Transcribed Image Text:
+ Prepare a pro forma cash flow forecast with 0.50 per year dividend by completing the following table. Fuyao Glass Cash flows from operating activities Pro Forma Cash Flow Forecast 2015 2016 2017 2018 (millions of) Cash generated from operations Income tax paid Net cash generated from or (used in) operating activities Cash flow from investing activities Capital expenditures - United States Capital expenditures -Russia Capital expenditures -Others including China Working capital investment Net cash generated from or (used in) investing activities Net cash available before financing Cash flow from financing activities Borrowings or (Repayments) Dividends paid to the company's shareholders Other interest received Capital injections issuance of new shares Net cash generated from or (used in) financing activities Net (decrease) or increase in cash and cash equivalents Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period (4,335.50) (1.121.57) (949.42) (1.242.42) 227.00 5.00 61.00 13.00 Notes: 1. Cash generated from operations and revenue increase at a constant rate of 10 per cent per year from 2014 to 2018. 2. Income tax paid is 12 per cent of cash generated from operations from 2015 to 2018. 3. In Exhibit 5, "Others" means Others including China. 4. Planned capital expenditures for Others including China remains the same amount from 2016 to 2018. 5. Working capital investment increases at a rate of 163 per cent of the change in cash generated from operating activities until 2018. + Prepare a pro forma cash flow forecast with 0.50 per year dividend by completing the following table. Fuyao Glass Cash flows from operating activities Pro Forma Cash Flow Forecast 2015 2016 2017 2018 (millions of) Cash generated from operations Income tax paid Net cash generated from or (used in) operating activities Cash flow from investing activities Capital expenditures - United States Capital expenditures -Russia Capital expenditures -Others including China Working capital investment Net cash generated from or (used in) investing activities Net cash available before financing Cash flow from financing activities Borrowings or (Repayments) Dividends paid to the company's shareholders Other interest received Capital injections issuance of new shares Net cash generated from or (used in) financing activities Net (decrease) or increase in cash and cash equivalents Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period (4,335.50) (1.121.57) (949.42) (1.242.42) 227.00 5.00 61.00 13.00 Notes: 1. Cash generated from operations and revenue increase at a constant rate of 10 per cent per year from 2014 to 2018. 2. Income tax paid is 12 per cent of cash generated from operations from 2015 to 2018. 3. In Exhibit 5, "Others" means Others including China. 4. Planned capital expenditures for Others including China remains the same amount from 2016 to 2018. 5. Working capital investment increases at a rate of 163 per cent of the change in cash generated from operating activities until 2018.
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Find the center of mass xcm of the three masses in figure. 8 kg 2 kg 1 kg X, m 3 2.
-
Vertical analysis. (LO 2) Perform a vertical analysis on the following income statement, with sales as the base amount. What other information would you need to make this analysis meaningful? Sales...
-
2. The primary emphasis in accounting and reporting for governmental funds is on: a Flow of current financial resources b Income determination c Capital transfers d Transfers relating to proprietary...
-
Judy is the production manager of Test Images, a division of the larger corporation, Image View, Inc. Judy has complained several times to the corporate office that their cost reports used to...
-
J-Mark Superstores provides the following selected financial data. Calculate the return on investments ratio for 2024 . Note: Round your answer to 1 decimal place
-
You want to build a portfolio equally as risky as the market, and you have $1,000,000 to invest. In your million, you already have $200,000 invested in Stock A and $250,000 in Stock B. Their betas...
-
The table below shows the population of Mozambique between 1960 and 2010. This data can be modelled using an exponential function of the form P = ab t , where t is the time in years since 1960 and a...
-
Southco is a medium-sized American-owned global manufacturer of access hardware solutions, such as latches and hinges, used for applications in the aircraft, railway, computer and automotive...
-
To what extent do staffing processes at the Dionysos reflect the strategic approach to recruitment and selection encapsulated by the conceptual framework and model depicted in Key Concepts 8.4 and...
-
Im an accounting major, not an operations expert, yelled just-promoted Bob Barthrow, the executive vice president of the Midwest Frequent Flyer Call Center, during a senior-level management meeting....
-
The Hudson Jewelers case study can be found in Appendix C. Chapter 14 Case Question for Discussion: 1.Customer demand (weekly visits) at Hudson Jewelers is highly seasonal, as shown in the worksheet...
-
In the current year B purchased new office equipment costing $40,000 and received a trade allowance of $3,000 for her old equipment. The old equipment was acquired 6 years ago for $19,000. Bs Class 8...
-
LO6 What restrictions are placed on the rehabilitation tax credit?
-
48. Colleen is a citizen and bona fide resident of Ireland. During the current year, she received the following income: Cash dividends of $2,000 from a U.S. corporations stock. Interest of $1,000 on...
-
LO6 What is the purpose of the research and experimental tax credit?
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App