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What is the solutions for problems 14 and 15 explained? for the 51 32 45 Foodtek, Inc. Selected financial information ($ millions) 2013 2014 Net
What is the solutions for problems 14 and 15 explained?
for the 51 32 45 Foodtek, Inc. Selected financial information ($ millions) 2013 2014 Net sales $296 $364 Cost of goods sold 168 223 Depreciation 65 Net income Finished goods inventory Accounts receivable 47 Accounts payable 39 Net fixed assets 310 415 Year-end cash balance $186 $123 14) Please refer to the financial information for Foodtek, Inc. above. Assuming the company neither sold nor salvaged any assets during the year, what were Foodtek's capital expenditures (in $ millions) during 2014? A) 170 B) 40 C) 310 D) 415 E) 105 F) None of the above. 44 14) 15) 15) Please refer to the financial information for Foodtek, Inc. above. Assuming that there were no financing cash flows during 2014 and basing your answer solely on the information provided. what were Foodtek's cash flows from operations (in S millions) for 2014? A) 45 B) 110 C) 35 D) 80 E) 70 F) None of the aboveStep by Step Solution
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