Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Previous Page Next Page Question 9 (3 points) Good Beverage Co Income Statement & Balance Sheet (S millions) FY 2021 Revenue Cost of Goods Sold

image text in transcribedimage text in transcribedimage text in transcribed

Previous Page Next Page Question 9 (3 points) Good Beverage Co Income Statement & Balance Sheet (S millions) FY 2021 Revenue Cost of Goods Sold SG&A Depreciation Expense EBIT Interest Expense Earnings Before Taxes Taxes Net Income FY 2020 27,580 20,125 4.956 1024 1,475 502 973 385 588 Assets Cash Other Current Assets 920 2.781 acer F2 F3 F4 FS F6 FZ F8 59 F10 2 EN WS yo & * 6 8 920 2,781 W 3,701 9,372 688 688 13,761 Assets Cash Other Current Assets Total Current Assets Net Property & Equipment Goodwill Total Assets Liabilities & Stockholders' Equity Short-Term Debt Accounts Payable Total Current Liabilities Other Liabilities Long-Term Debt Total Liabilities Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 700 6251 627 2.535 3,162 519 4.194 7,8751 1,192 4.694 5,886 13,761 1.192 Using the information in the financial statements of Good Beverage Co. above, a below, forecast the financial statements for Year 2021 and then answer the ques acer 2 F3 F5 F6 F4 Z F7 F8 F9 F10 DO FUN Nume # S 70 A & 3 * 8 8 5 D 6 7. 9 Using the information in the financial statements of Good Beverage Co. above, and the assumptions below, forecast the financial statements for Year 2041 and then answer the questions that follow: Assumptions: Sales growth is expected to be 30% for Year 2021 - Complete the FS using Percentage of Sales method from Year 2020 - Depreciation rate is 15% - Total Debt (Long-term and Short-term) for Year 2019 was $ 4313 million - Assume no dividends - Total CAPEX for Year 2021 is $1580 million - Tax rate is the same as Year 2020 - Use Long Term Debt as Plug Variable 1. EBIT for Year 2021 is? (Select from option A, B or C) 2. Net Property, plant and Equipment (PPE) for Year 2021 is? (Select from option D, E or F) 3. FCF for Year 2021 is? (Select from option G, H or I) (Answer should be correct to two decimal places) acer Previous Page Next Page Question 9 (3 points) Good Beverage Co Income Statement & Balance Sheet (S millions) FY 2021 Revenue Cost of Goods Sold SG&A Depreciation Expense EBIT Interest Expense Earnings Before Taxes Taxes Net Income FY 2020 27,580 20,125 4.956 1024 1,475 502 973 385 588 Assets Cash Other Current Assets 920 2.781 acer F2 F3 F4 FS F6 FZ F8 59 F10 2 EN WS yo & * 6 8 920 2,781 W 3,701 9,372 688 688 13,761 Assets Cash Other Current Assets Total Current Assets Net Property & Equipment Goodwill Total Assets Liabilities & Stockholders' Equity Short-Term Debt Accounts Payable Total Current Liabilities Other Liabilities Long-Term Debt Total Liabilities Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 700 6251 627 2.535 3,162 519 4.194 7,8751 1,192 4.694 5,886 13,761 1.192 Using the information in the financial statements of Good Beverage Co. above, a below, forecast the financial statements for Year 2021 and then answer the ques acer 2 F3 F5 F6 F4 Z F7 F8 F9 F10 DO FUN Nume # S 70 A & 3 * 8 8 5 D 6 7. 9 Using the information in the financial statements of Good Beverage Co. above, and the assumptions below, forecast the financial statements for Year 2041 and then answer the questions that follow: Assumptions: Sales growth is expected to be 30% for Year 2021 - Complete the FS using Percentage of Sales method from Year 2020 - Depreciation rate is 15% - Total Debt (Long-term and Short-term) for Year 2019 was $ 4313 million - Assume no dividends - Total CAPEX for Year 2021 is $1580 million - Tax rate is the same as Year 2020 - Use Long Term Debt as Plug Variable 1. EBIT for Year 2021 is? (Select from option A, B or C) 2. Net Property, plant and Equipment (PPE) for Year 2021 is? (Select from option D, E or F) 3. FCF for Year 2021 is? (Select from option G, H or I) (Answer should be correct to two decimal places) acer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions