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Question 14 options: The following information has been extracted from the financial statements of a company. Use it to answer the 4 questions that follow
Question 14 options:
The following information has been extracted from the financial statements of a company. Use it to answer the 4 questions that follow it. When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar.
Earnings before interests and taxes: EBIT in 2020 = | 400 |
Tax rate: T = | 25% |
Accumulated depreciation in balance sheet of 2019 = | 50 |
Accumulated depreciation in balance sheet of 2020 = | 60 |
Net Fixed Assets in 2019 = | 1,200 |
Net Fixed Assets in 2020 = | 1,600 |
Other Long-Term assets in 2019 = | 0 |
Other Long-Term assets in 2020 = | 0 |
Net operating working capital (NOWC) in 2019 = | 20 |
Current assets in balance sheet of 2020 = | 30 |
Current liabilities in balance sheet of 2020 = | 20 |
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