Use the following information
for Taco Swell, Inc., (assume the tax rate is 30 percent):
...
Use the following information
for Taco Swell, Inc., (assume the tax rate is 30 percent):
2014
2015
Sales
$
18,573
$
17,136
Depreciation
1,801
1,876
Cost of goods
sold
4,679
4,847
Other expenses
1,016
894
Interest
865
996
Cash
6,277
6,886
Accounts
receivable
8,180
9,847
Short-term notes
payable
1,310
1,287
Long-term debt
20,740
24,986
Net fixed
assets
51,196
57,210
Accounts
payable
4,608
5,064
Inventory
14,521
15,428
Dividends
1,650
1,758
For 2015, calculate the cash flow from assets, cash flow...
2014
2015
Accounts payable
440
380
Accounts receivable, net
1,810
2,040
Accruals
95
120
Cash
120...
2014
2015
Accounts payable
440
380
Accounts receivable, net
1,810
2,040
Accruals
95
120
Cash
120
100
Capital surplus
1,120
1,290
Common stock
1,000
1,100
Cost of Goods Sold
6,610
6,420
Depreciation expense
1,550
1,650
Interest expense
140
170
Inventory (end of year)
5,720
5,530
Long-term debt
3,890
4,150
Net fixed assets
7,530
8,050
Net sales
10,750
11,050
Notes payable
800
740
Operating expenses (excluding depreciation)
1,680
1,780
Retained earnings
7,835
7,940
Taxes
250
360
22. Cash flow from operating...
Problem 12-13A Prepare and Interpret a Statement of Cash
Flows; Free Cash Flow [LO12-1, LO12-2, LO12-3]...
Problem 12-13A Prepare and Interpret a Statement of Cash
Flows; Free Cash Flow [LO12-1, LO12-2, LO12-3]
Mary Walker, president of Rusco Company, considers $27,000 to be
the minimum cash balance for operating purposes. As can be seen
from the following statements, only $22,000 in cash was available
at the end of 2015. Since the company reported a large net income
for the year, and also issued both bonds and common stock, the
sharp decline in cash is puzzling to Ms....
shown in thousands
2015
2014
Cash
$102,850
$89,725
Accounts Receivable
103,365
85,527
Inventories
38,444
34,982
Total...
shown in thousands
2015
2014
Cash
$102,850
$89,725
Accounts Receivable
103,365
85,527
Inventories
38,444
34,982
Total Current Assets
$244,659
$210,234
Net Fixed Assets
67,165
42,436
Total Assets
311,824
$252,670
Accounts Payable
$30,761
$23,109
Accruals
30,477
22,656
Notes Payable
16,717
14,217
Total current liabilities
$77,955
$59,982
Long-term debt
76,264
63,914
Total Liabilities
$154,219
$123,896
Common Stock
100,000
90,000
Retained Earnings
57,605
38,744
Total Common Equity
$157,605
$128,774
Total Liabilities and Equity
$311,824
$252,670
Sales for 2015 were $455,150,000, and EBITDA was...
Graffiti Advertising, Inc., reported the following financial
statements for the last two years.
2016 Income...
Graffiti Advertising, Inc., reported the following financial
statements for the last two years.
2016 Income Statement
Sales
$
568,700
Costs of goods sold
273,990
Selling and administrative
124,726
Depreciation
54,569
EBIT
$
115,415
Interest
19,450
EBT
$
95,965
Taxes
38,386
Net income
$
57,579
Dividends
$
10,300
Addition to retained
earnings
$
47,279
GRAFFITI ADVERTISING, INC.
Balance Sheet as of December 31, 2015
Cash
$
13,390
Accounts
payable
$
9,497
Accounts receivable
18,987
Notes payable
14,501
Inventory
13,801
Current...
Mary Walker, president of Rusco Company, considers $41,000 to be
the minimum cash balance for operating...
Mary Walker, president of Rusco Company, considers $41,000 to be
the minimum cash balance for operating purposes. As can be seen
from the following statements, only $36,000 in cash was available
at the end of 2015. Since the company reported a large net income
for the year, and also issued both bonds and common stock, the
sharp decline in cash is puzzling to Ms. Walker.
Rusco Company
Comparative Balance Sheet
July 31, 2015 and 2014
2015
2014
Assets
Current assets:...
FREE CASH FLOW
Arlington Corporation's financial statements (dollars and shares
are in millions) are provided here....
FREE CASH FLOW
Arlington Corporation's financial statements (dollars and shares
are in millions) are provided here.
Balance Sheets as of December
31
2016
2015
Assets
Cash and equivalents
$ 14,000
$ 11,000
Accounts receivable
25,000
20,000
Inventories
21,520
19,000
Total current assets
$ 60,520
$ 50,000
Net plant and equipment
51,000
49,000
Total assets
$111,520
$99,000
Liabilities and Equity
Accounts payable
$ 10,600
$ 9,500
Accruals
7,000
5,000
Notes payable
6,900
5,300
Total current liabilities
$ 24,500
$ 19,800
Long-term bonds
10,000
10,000...
Dole Cole Company’s balance sheet is as follows: Dole Cole
Company Balance Sheet December 31 Assets...
Dole Cole Company’s balance sheet is as follows: Dole Cole
Company Balance Sheet December 31 Assets 2019 2018 RM RM Cash
15,000 16,000 Marketable securities 7,200 8,000 Accounts receivable
34,100 42,200 Inventories 82,000 50,000 Total current assets
138,300 116,200 Land and buildings 150,000 150,000 Machinery and
equipment 200,000 190,000 Furniture and fixtures 54,000 50,000
other 11,000 10,000 Total gross fixed assets 415,000 400,000 Less:
Accumulated depreciation 145,000 115,000 Net fixed assets 270,000
285,000 Total assets 408,300 401,200 Liabilities and Stockholders'...
Calculate Return on equity (ROE), Return on assets (ROA), Net
Profit Margin (NPM), Debt ratio, and...
Calculate Return on equity (ROE), Return on assets (ROA), Net
Profit Margin (NPM), Debt ratio, and Total assets turnover for 2018
and 2019. Explain why ROE is lower in 2019 than in 2018 (explain in
terms of each ratio in DuPont equation for ROE).
Income Statements ($ in millions)
Balance Sheets ($ in millions)
2018
2019
Assets
2018
2019
Sales Revenue
$2,580
$2,865
Cash
$70
$50
Less: Cost of goods sold
$1,060
$1,500
Short-Term investments
$35
$9
Less: Operating Expenses...