8. Use the following data in in the back for YAVIS Corp for the next 2 questionsBalance Sheets - as of 5/1/2oxX (all numbers in $$Millions)Year ending 5/1/CashAccounts ReceivablesInventoryCurrent AssetsGross Fixed AssetsAccumulated DepreciationNet Fixed AssetsTotal Assets20X120X21001201401602101904504702,0001,4002,3301,6007306001,0501,100Accounts PayablesNotes Payables100140200210Current Liabilities300350Long-term Debt210300Common Stock240200Retained Earnings300350Income StatementsFor Year Ending 5/1/20X120X21,535900Sales1,7801,000780-Cost of Goods SoldGross ProfitDepreciation ExpenseSelling, General and Administrative ExpensesEarnings Before Interest and Taxes (Operating Profit)Interest ExpenseEarnings before TaxTax (20%)63524020025030014528020301252502550Net Income100200Dividends paida) What is YAVIS Corp's Free Cash Flow to the firm for 20X2?b) What is YAVIS Corp's Free Cash Flow to Equity for 20X2?75150

Free Cash flow to firm = NOPAT + Depreciation - CAPEX - Change in Net Working Capital Free Cash flow…

Answered: a) What is YAVIS Corp's Free Cash Flow…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 10MC

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Prepare the income statements and balance sheets for years 2018 and 2019 for Thompson Company using the following information. The balance sheet numbers are at the end of year figures.Item20182019Accounts Payable120.0150.0Accounts Receivable150.0180.0Accumulated Depreciation330.0360.0Cash & Cash Equivalents10.012.0Common Stock150.0200.0Cost of Goods Sold750.0850.0Depreciation25.030.0Interest Expense30.033.0Inventory200.0180.0Long-term Debt150.0150.0Gross Plant & Equipment650.0780.0Retained Earnings208.5225.0Sales1,500.01,700.0SG&A Expenses500.0570.0Notes Payable51.567.0Tax Rate21%21%(2) Answer the following questions:(a) How much did Thompson Company spend in acquiring fixed assets in 2019?(b) How much dividend did Thompson Company pay out during 2019?(c) Using the end of year numbers, did the long-term solvency ratios improve or deteriorate from 2018 to 2019? Answer this question using at least two long-term solvency ratios.(d) Using the end of year numbers, did the asset…
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a) What is YAVIS Corp's Free Cash Flow to the firm for 20X2? b) What is YAVIS Corp's Free Cash Flow to Equity for 20X2?