Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

See the showing translate and stock price data for Mydeco Corp. Use the data from a balance sheet and cash flow want in 2012 to

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
See the showing translate and stock price data for Mydeco Corp. Use the data from a balance sheet and cash flow want in 2012 to determine the following How much cash Myce have at the end of 20117 What were Mydecoccounts receivable and inventory at the end of 20117 Data Table How much cash Mydeco have the end of 2011 amount inch at the end of 2017 was ton (Round to one decimal place) What were Mdee's control and investory at the end of 2011 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp (All data as of fiscal year and in 1 miliona amount in accounts receivable at the end of 2011 was million found to one decimal place) Income Statement 2012 2013 2014 2015 2016 Revenge 38 5. 5138 amount in inventory at the end of 2011 was million found to one decimal place) Cost of Goodies (1903) (1715) (204) (2457) (2013) Gross Proff 2193 268.1 3019 Sales and Marketing (672) (678) (98.1) (1235) Administration (809) (574) 612) (656) Depreciation & Amortization 1803) (279) (260) EBIT 37.5 420 4076 500 Interest income (Expense) (327) (323) 0305 (36.7) (375) Pretax income 48 9.7 278 21.5 Income Tax (3.4) (9.7) (7.5) Net Income 3.1 6.3 6,6 14.0 Share Outstanding millions) 56,1 561 561 56.1 Earnings per Share $0.06 $0.11 $0.12 $0:32 $0.25 Balance Sheet 2012 2013 2014 2015 Assets Cash 48.1 75.8 81.6 Accounts Receivable 68.5 69.6 78.3 86.8 Inventory 34.9 30.2 30.4 32.9 34.3 Total Current Assets 1721 1745 180.9 194.0 Net Property. Plant & Equipment 245.8 313.4 350.1 347.9 Goodwil & Intangibles 3802 3602 3602 3602 3602 swer in each of the answer boxes Total Assets 782.1 780.5 854,5 9043 9108 101 1 2016 809 2498 See Table E showing financial statement data and stock price data for Mydeco Corp. Use the data fr a. How much cash did Mydeco have at the end of 2011? b. What were Mydeco's accounts receivable and inventory at the end of 2011? a. How much cash did Mydeco have at the end of 2011? The amount in cash at the end of 2011 was $ million. (Round to one decimal place.) b. What were Mydeco's accounts receivable and inventory at the end of 2011? The amount in accounts receivable at the end of 2011 was $ million. (Round to one decimal place The amount in inventory at the end of 2011 was $ million. (Round to one decimal place.) 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2012 2013 2014 2015 Revenue 383.8 365.1 423.9 513.8 Cost of Goods Sold (190.3) (171.9) (204.6) (245.7) Gross Profit 193.5 193.2 219.3 268.1 Sales and Marketing (67.2) (67.8) (83.6) (98.1) Administration (60.9) (57.4) (61.2) (65.6) Depreciation & Amortization (27.9) (26.0) (33.9) (40.1) EBIT 37.5 42.0 40.6 64.3 Interest Income (Expense) (32.7) (32.3) (30.5) (36.7) Pretax Income 4.8 9.7 10.1 27.6 Income Tax (1.7) (3.4) (3.5) (9.7) Net Income 3.1 6.3 6.6 17.9 Shares Outstanding (millions) 56.1 56.1 56.1 56.1 Earnings per Share $0.06 $0.11 $0.12 $0.32 Balance Sheet 2012 2013 2014 2015 assets Cash 48.1 75.8 80.9 82.8 ccounts Receivable 89.1 68.5 69.6 78.3 nventory 34.9 30.2 30.4 32.9 Total Current Assets 172.1 174.5 180.9 194.0 et Property, Plant & Equipment 249.8 245.8 313.4 350.1 Dodwill & Intangibles 360.2 360.2 360.2 360.2 tal Assets 782.1 780.5 854.5 904.3 abilities & Stockholders' Fouity 2016 599.7 (297.8) 301.9 (123.5) (80.3) (39.1) 59.0 (37.5) 21.5 (7.5) 14.0 56.1 $0.25 2016 81.6 86.8 34.3 202.7 347.9 360.2 910.8 Drint mana 360.2 782.1 360.2 780.5 360.2 854.5 360.2 904.3 3602 910.8 18.5 7.1 25.6 495.6 521.2 260.9 782.1 19.3 6.6 25.9 495.6 521.5 259.0 780.5 20.2 7.6 27.8 569.8 597.6 256.9 854.5 28.7 8.2 36.9 595.3 632.2 272.1 904.3 30.5 9.8 40.3 595.3 635.6 275.2 910.8 2015 Goodwill & Intangibles Total Assets Liabilities & Stockholders' Equity Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay. & Accrued Comp. Cash from Operations Capital Expenditures Cash from Investing Activ. Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) Cash from Financing Activ. Change in Cash Mydeco Stock Price 2012 3.1 27.9 3.9 (2.9) 3.1 35.1 (25.7) (25.7) (6.3) 2013 6.3 26.0 20.6 4.7 0.3 57.9 (23.9) (23.9) (6.3) 2014 6.6 33.9 - 1.1 (0.2) 1.9 41.1 (103.9) (103.9) (6.3) 17.9 40.1 (8.7) (2.5) 9.1 55.9 (73.2) (73.2) (6.3) 2016 14.0 39.1 (8.5) (1.4) 3.4 46.6 (41.7) (41.7) (6.1) (6.1) (6.3) 3.1 $8.74 (6.3) 27.7 $3.33 74.2 67.9 5.1 $5.68 25.5 19.2 1.9 $9.33 (1.2) $10.43 Print Done

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_2

Step: 3

blur-text-image_3

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

Principles Of Managerial Finance

Authors: Lawrence J Gitman, Chad J Zutter

7th Edition

0133546403, 9780133546408

More Books

Students also viewed these Finance questions

Question

What is its position?

Answered: 1 week ago

Question

What are the organizations relationship goals on this issue?

Answered: 1 week ago