BALANCE SHEET 2017 2018 Cash 24 20 Accounts Receivable 8 15 Inventory 53 45 Total Current Assets 85 80 Gross Property, Plant and Equipment 1,443 1,125 Accumulated Depreciation 260 200 Net Property, Plant and Equipment 1,183 925 Total Assets 1,268 1,005 Accounts Payable 38 30 Short-term Debt 62 50 Long-term Debt 365 290 Common Stock 300 300 Retained Earnings 503 335 Total Liabilities and Equity 1,268 1,005
BALANCE SHEET 2017 2018 Cash 24 20 Accounts Receivable 8 15 Inventory 53 45 Total Current Assets 85 80 Gross Property, Plant and Equipment 1,443 1,125 Accumulated Depreciation 260 200 Net Property, Plant and Equipment 1,183 925 Total Assets 1,268 1,005 Accounts Payable 38 30 Short-term Debt 62 50 Long-term Debt 365 290 Common Stock 300 300 Retained Earnings 503 335 Total Liabilities and Equity 1,268 1,005
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
Related questions
Question
Calculate the FCFE of this financial statement.
Transcribed Image Text:BALANCE SHEET
2017
2018
Cash
24
20
Accounts Receivable
15
Inventory
53
45
Total Current Assets
85
80
Gross Property, Plant and Equipment
1,443
1,125
Accumulated Depreciation
260
200
Net Property, Plant and Equipment
1,183
925
Total Assets
1,268
1,005
Accounts Payable
38
30
Short-term Debt
62
50
Long-term Debt
365
290
Common Stock
300
300
Retained Earnings
503
335
Total Liabilities and Equity
1,268
1,005
Transcribed Image Text:INCOME STATEMENT
2017
2018
Sales
625
450
Cost of Goods Sold
280
225
Gross Profit
345
225
SG&A
25
20
Depreciation
60
50
EBIT
260
155
Interest Expense
20
15
Pretax Earnings
240
140
Taxes (30%)
72
42
Net Income
168
98
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