Blue Harbor Innovations Inc. had the following financial information for 2013: Free Cash Flow (FCF) = $62.5 million Investment in Operating Capital = $39.0 million Depreciation Expense = $16.0 million Taxes on EBIT = $24.5 million What was Blue Harbor's EBIT for 2013?
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- Home Depot reports net operating profit after tax (NOPAT) of $7,507 million in 2016. Its net operating assets at the beginning of 2016 are $24,685 million and are $25,415 million at the end of 2016. What are Home Depot's free cash flows to the firm (FCFF) for 2016?Given the information below, determine the free cash flow for 2014. Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest and taxes Interest (8%) Earnings before taxes Taxes (40%) Net income Common dividends Balance Sheet (In Thousands) Assets: Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets (PP&E) Total assets Liabilities and equity: Accounts payable Notes payable Accruals 2014 $24,800.00 -$14,880.00 $9,920.00 -$920.00 $9,000.00 -$112.00 $8,888.00 $7.840.00 -$3,555.20 -$3,136.00 $5,332.80 $4,704.00 $2,082.00 $2,352.00 2014 2013 $22,000.00 $13,200.00 $8,800.00 -$800.00 $8,000.00 -$160.00 $1,200.00 $5,565.00 $7.440.00 $14,205.00 $9,200.00 $23,405.00 2013 $1,000.00 $5,000.00 $6,000.00 $12,000.00 $8,000.00 $20,000.00 $6,500.00 $6,000.00 $400.00 $1,000.00 $3.254.20 $3,000.00What is its cash coverage ratio for this financial accounting question?
- You are considering an investment in National Corporation and want to evaluate the firm's free cash flow. From the income statement, you see that National Corporation's earned an EBIT of P62,000,000, paid taxes of P17,000,000, and its depreciation expense was P5,000,000. Fixed assets increased by P32,000,000 from 2015 to 2016. The firm's current assets increased by P20,000,000 and spontaneous current liabilities increased by P12,000,000. The National Corporation's operating cash flow for 2016 is * Format: 11,111,111I need guidance with this financial accounting problem using the right financial principles.97320 is not the right answer
- The Greek Connection had sales of $32.1 million and a cost of goods sold of $12.8 million in 2013. A simplified balance sheet for the firm appears below: a. Calculate The Greek Connection's net working capital in 2013. b. Calculate the cash conversion cycle of The Greek Connection in 2013. c. The industry average accounts receivable days is 30 days. What would have been the cash conversion cycle for The Greek Connection in 2013 had it met the industry average for accounts receivable days? (Hint: Use a 365-day year.) Assets Liabilities and Equity Cash $2,344 Accounts payable $1,600 Accounts receivable 4,155 Notes payable 1,000 Inventory 1,325 Accruals 1,220 Total current assets $7,824 Total current liabilities $3,820 Net plant, property, and equipment $8,500 Long-term debt $3,000 Total assets $16,324 Total liabilities $6,820 Common equity $9,504…The Net Income of a company is $137. Capital expenditures for the year was $98, depreciation was $13, and non - cash working capital increased by $90. If the company has a stable capital structure and its debt to capital ratio (i.e., D/(D + E)) is expected to remain fixed at 64%, what is the free cash flow to the equity holders (FCFE)?In 2021, Johnson Controls reported the following accounting items (in millions of dollars): Sales = $50 Cash Expenses = $30 Depreciation = $51 Interest Paid = $3T axes = $1 Dividends Paid = $3 Capital Expenditures = $8 What were the firm's Free Cash Flows in 2021? (Note: Enter your answer without the millions or the dollar sign, so if you think the answer is $5 million, just enter 5)
- What is the cash coverage ratio of this financial accounting question?XYZ Corporation has the following financial data for 2021: Interest Expense $20,000; Net New Borrowing $2,000; Dividends Paid $5,000; Net New Stock - $3,000. What is the firm's Cash Flow From Assets for 2021?The Clifford Corporation's 2023 income statement shows the following: Sales Costs $ 300,000 $ 173,000 Other expenses $ 10,400 Depreciation expense $ 29,000 Interest expense $ 13,555 $ 76,000 $ 9,000 Taxes Dividends 2013 New equity Net new long-term debt Change in fixed assets $ 15,700 - $ 16,300 $ 27,000 a. Calculate the operating cash flow for the firm. b. Calculate the cash flow to creditors. c. Calculate the cash flow to stockholders. d. If the net fixed assets increased by $27,000 during the year, what was the change in Net Working Capital NWC?
