Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the answers are given. i wasnt sure how to they calcuated NI, delta CSE, OI or net interest for the following questions 6- Below are
the answers are given. i wasnt sure how to they calcuated NI, delta CSE, OI or net interest for the following questions
6- Below are a balance sheet and an income statement that have been reformulated according to the templates laid out in Chapter 8 of our textbook. Ignore income taxes. How much was paid out as net dividends during 2012? Net income-ACSE (Clean-surplus equation) = 1.9 Net Operating Assets Net Financial Obligations and Equity 2012 2011 2012 2011 Operating assets 205.3 189.9 Financial liabilities 120.4 120.4 Operating liabilities 40.6 34.2 Financial assets 45.7 42.0 NFO 74.7 78.4 CSE 90.0 77.3 NOA 164.7 155.7 164.7 155.7 9- What was the free cash flow for 2012? C-1 OI-ANOA= 21.7-9.0 = 12.7 10-What was the return on net operating assets (RNOA) for 2012? RNOAL QU (NQA+NQA1-1)= 21.7/160.2-13.55% 11- What were the net borrowing costs (NBC) for 2012? NBC Net interest/ (NFOt+ NFOt-1)= 7.1/76.55 9.27%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started