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ABC Inc. Balance Sheet as at December 31, 2015 and 2016 ($ thousands) Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Property, Plant & Equipment Less Accumulated Depreciation Property, Plant & Equipment, net Total Assets Liabilities and S/H Equity Current Liabilities Accounts Payable 2015 $ 200 450 550 $1,200 2,200 (1.000) 1,200 $2,400 2016 $ 150 425 625 $1,200 2,700 (1,200) 1,500 $2,700

ABC Inc. Balance Sheet as at December 31, 2015 and 2016 ($ thousands) Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Property, Plant & Equipment Less Accumulated Depreciation Property, Plant & Equipment, net Total Assets Liabilities and S/H Equity Current Liabilities Accounts Payable 2015 $ 200 450 550 $1,200 2,200 (1.000) 1,200 $2,400 2016 $ 150 425 625 $1,200 2,700 (1,200) 1,500 $2,700

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Text Predictions: On ABC Inc. Balance Sheet as at December 31, 2015 and 2016 ($ thousands) Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Property, Plant & Equipment Less Accumulated Depreciation Property, Plant & Equipment, net Total Assets Liabilities and S/H Equity Current Liabilities Accounts Payable Notes Payable and short-term debt Total Current Liabilities Long-Term Debt Shareholders Equity Common Shares Paid-In Capital Retained Earnings Total Total Liabilities and S/H Equity ABC Inc. Income Statement for 2015 and 2016 ($ thousands) Revenue Cost of Goods Sold Operating Expenses Depreciation Earnings Before Interest & Taxes (EBIT) Interest Paid Income Before Taxes (EBT) Taxes Paid Net Income (NA) Dividend IN Accessibility: Investigate 2015 $ 200 450 550 $1,200 2.200 (1,000) 1,200 $2,400 $ 200 0 $ 200 $600 300 600 700 $1,600 $2,400 2015 $1.200 700 30 220 $ 250 50 $ 200 80 $ 120 2016 $ 150 425 625 $1,200 2,700 (1,200) 1,500 $2,700 2016 $1,450 850 40 200 $360 60 $ 300 120 $ 180 $ 80 $ 150 150 300 700 300 600 800 $1,700 $2,700 I
Transcribed Image Text:Text Predictions: On ABC Inc. Balance Sheet as at December 31, 2015 and 2016 ($ thousands) Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Property, Plant & Equipment Less Accumulated Depreciation Property, Plant & Equipment, net Total Assets Liabilities and S/H Equity Current Liabilities Accounts Payable Notes Payable and short-term debt Total Current Liabilities Long-Term Debt Shareholders Equity Common Shares Paid-In Capital Retained Earnings Total Total Liabilities and S/H Equity ABC Inc. Income Statement for 2015 and 2016 ($ thousands) Revenue Cost of Goods Sold Operating Expenses Depreciation Earnings Before Interest & Taxes (EBIT) Interest Paid Income Before Taxes (EBT) Taxes Paid Net Income (NA) Dividend IN Accessibility: Investigate 2015 $ 200 450 550 $1,200 2.200 (1,000) 1,200 $2,400 $ 200 0 $ 200 $600 300 600 700 $1,600 $2,400 2015 $1.200 700 30 220 $ 250 50 $ 200 80 $ 120 2016 $ 150 425 625 $1,200 2,700 (1,200) 1,500 $2,700 2016 $1,450 850 40 200 $360 60 $ 300 120 $ 180 $ 80 $ 150 150 300 700 300 600 800 $1,700 $2,700 I
d) Calculate cash flow from financing activities for 2016 = Increase in Notes payable and short-term debt in 2016 over 2015+ Increase in long-term debt in 2016 over 2015+ Increase in Common shares in 2016 over 2015 - Dividend paid in 2016 = $(150 -0) + $(700-600) + $(600-600) - $80 = $150 + $100+ 0 - $80 = $170 Search C 2
Transcribed Image Text:d) Calculate cash flow from financing activities for 2016 = Increase in Notes payable and short-term debt in 2016 over 2015+ Increase in long-term debt in 2016 over 2015+ Increase in Common shares in 2016 over 2015 - Dividend paid in 2016 = $(150 -0) + $(700-600) + $(600-600) - $80 = $150 + $100+ 0 - $80 = $170 Search C 2
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