Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $52 million, NOPAT of $107 million, and depreciation of $13 million. Using this information,

Rebecky's Flowers 4U, Inc., had free cash flows during 2021 of $52 million, NOPAT of $107 million, and depreciation of $13 million. Using this information, fill in the blanks on Rebecky's balance sheet below. (Enter your answers in millions of dollars.) 3 Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: E D Gross plant and equipment Less: Depreciation Net plant and equipment Other long-term assets Total Total assets L ta C Assets 4 R F % 5 V T G 40 $ 6 FA $ $ Search $ GA 2021 $ $ Y & H REBECKY'S FLOWERS 4U, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 26 $ 76 131 233 7 69 69 380 73 307 70 377 $ 610 $ 69 2020 U 23 66 111 200 * Long-term debt 340 Stockholders equity 60 < Prev 280 70 Retained earnings 4+ Current liabilities. Accrued wages and taxes Accounts payable Notes payable Total 350 Total 550 Total liabilities and equity 8 Preferred stock (6 million shares) Common stock and paid-in surplus (30 million shares) B N M 13 of 14 JL

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Handbook On Corporate Governance In Financial Institutions

Authors: Christine A. Mallin

1st Edition

1784711780, 978-1784711788

More Books

Students also viewed these Finance questions

Question

=+13.5. Show of real functions f and g that f(w) + g(w)

Answered: 1 week ago