Bulldogs Inc.'s Balance Sheet (in millions, except for per share data) Bulldogs Inc .'s Income Statement Year ended December 31, 2021 (in millions, except for per share data) Year ended December 31 2020 2021 Assets Cash and cash equivalents Accounts receivable Inventory Total current assets Gross fixed assets Accumulated depreciation Net fixed assets Total assets Total revenues 3,00 190 560 410 1,160 2,200 (900) 1,300 2,460 200 Operating cost and expenses ЕВITDA (2,200 600 80 440 (30с Depreciation Operating income (EBIT) Interest expense Income before tax Taxes (at 40%) Net income 1,240 50 2,600 (100 (1,200) 1,400 2,640 40 (160 24 Dividends (160 Change in retained earnings EPS Dividends per share Liabilities & Shareholders' Equity Accounts payable Notes payable Accrued taxes & expenses Total current liabilities Long term debt Total liabilities Common stock Additional paid-in capital Retained earnings Total shareholders' equity 285 300 0.4 200 250 0.3 140 150 625 700 865 890 1,490 1,590 100 100 200 750 200 670 970 1,050 Total liabilities & sharebolders' equity 2.460 2.640
Bulldogs Inc.'s Balance Sheet (in millions, except for per share data) Bulldogs Inc .'s Income Statement Year ended December 31, 2021 (in millions, except for per share data) Year ended December 31 2020 2021 Assets Cash and cash equivalents Accounts receivable Inventory Total current assets Gross fixed assets Accumulated depreciation Net fixed assets Total assets Total revenues 3,00 190 560 410 1,160 2,200 (900) 1,300 2,460 200 Operating cost and expenses ЕВITDA (2,200 600 80 440 (30с Depreciation Operating income (EBIT) Interest expense Income before tax Taxes (at 40%) Net income 1,240 50 2,600 (100 (1,200) 1,400 2,640 40 (160 24 Dividends (160 Change in retained earnings EPS Dividends per share Liabilities & Shareholders' Equity Accounts payable Notes payable Accrued taxes & expenses Total current liabilities Long term debt Total liabilities Common stock Additional paid-in capital Retained earnings Total shareholders' equity 285 300 0.4 200 250 0.3 140 150 625 700 865 890 1,490 1,590 100 100 200 750 200 670 970 1,050 Total liabilities & sharebolders' equity 2.460 2.640
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is Bulldogs Inc.’s
A. 85 million
B. 145 million
C. 195 million
D. none of the choices
E. 170 million
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