Calculate free cash flow for 2021 for Monarch Textiles, Incorporated, based on the financial information that follows. Assume that allcurrent liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2021.Monarch Textiles, Incorporated ($ thousands)Income statementSelected balance sheet items202120202021Sales1,160 Current assetsCost of sales712 Net fixed assetsOperating expenses104 Current liabilitiesDepreciation54Interest expense50Earnings before taxes240Tax96Net income144320430108216210290Note: Round your answer to the 1000s place.Answer is complete but not entirely correct.Free cash flow$ 44,000 ×

To calculate the free cash flow for 2021 for Monarch Textiles, Incorporated, we use the following…

Answered: Calculate free cash flow for 2021 for…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 44E

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Determining Cash Flows from Investing Activities Burns Companys 2019 and 2018 balance sheets presented the following data for equipment: During 2019, equipment costing $41,000 with accumulated depreciation of $36,700 was sold for cash, producing a $3,200 gain. Required: 1. Calculate the amount of depreciation expense for 2019. 2. Calculate the amount of cash spent for equipment during 2019. 3. Calculate the amount that should be included as a cash inflow from the disposal of equipment.
Calculate free cash flow for 2021 for Monarch Textiles, Incorporated, based on the financial information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2021. Income statement Sales Cost of sales Operating expenses Depreciation Interest expense Earnings before taxes Free cash flow Monarch Textiles, Incorporated ($ thousands) 2021 1,700 Current assets 820 Net fixed assets 140 Current liabilities 90 50 600 240 360 Tax Net income Note: Round your answer to the 1000s place. Selected balance sheet items 2020 500 180 300 2021 700 360 380
Calculate free cash flow for 2021 for Monarch Textiles, Incorporated, based on the financial information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2021. Monarch Textiles, Incorporated ($ thousands) Income statement Selected balance sheet items 2021 2020 2021 Sales 1,340 Current assets 380 520 Cost of sales 748 Net fixed assets 132 264 Operating expenses 116 Current liabilities 240 320 Depreciation 66 Interest expense 50 Earnings before taxes 360 Tax 144 Net income 216 Note: Round your answer to the 1000s place.
Calculate free cash flow for 2021 for Monarch Textiles, Incorporated, based on the financial information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2021. Monarch Textiles, Incorporated ($ thousands) Income statement Selected balance sheet items 2021 2020 2021 Sales 1,400 Current assets 400 550 Cost of sales 760 Net fixed assets 140 280 Operating expenses 120 Current liabilities 250 330 Depreciation 70 Interest expense 50 Earnings before taxes 400 Tax 160 Net income 240 Note: Round your answer to the 1000s place.
↓ The following table shows the projected free cash flows of an acquisition target. The potential acquirer wants to estimate its maximum acquisition price at an 8 percent discount rate and a terminal value in year 5 based on the perpetual growth equation with a 4 percent perpetual growth rate. Year Free cash flow 1 -950 2 3 -475 0 4 290 a. Estimate the target's maximum acquisition price. Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. > Answer is complete but not entirely correct. Maximum acquisition price $ 8,640 x 5 880 b. Estimate the target's maximum acquisition price when the discount rate is 7 percent and the perpetual growth rate is 5 percent. Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. X Answer is complete but not entirely correct. Maximum acquisition price $ 46,921 X
Subject : Accounting
Suppose you collected the following information of ABC corp. from the financial statements published in 2019. Entry Total Current Assets 14050001206000 Current Liabilities Notes Payable Earning before Interest and Taxes Depreciation Capital expenditures Tax rate Select one: @a. 1279990X b. 187578 0c Estimate the Free Cash Flow available for ABC corp. at the end of 2019. 60030 2019 d. 1092412 e 30 2018 602000 571500 476990 457912 97680 159000 -30000 40%
Prepare the Cash Flow for the year 2021
G. Prepare a statement of cash flow on both direct and indirect method 2019 2018 Assets: Cash 140,000 60,000 Accounts receivable, net 84,000 70,000 Allowance for doutful accounts (7,000) (5,000) Inventory 55,000 50,000 Prepaid expenses 22,000 20,000 Investments 70,000 20,000 Property, plant & equipment 660,000 500,000 Accumulated depreciation -100,000 -60,000 Patents 16,000 20,000 Total Assets 940,000 675,000 Liabilities & Equity Accounts payable 30,000…
Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2021 Required: Compute for the operating cash flow Compute for the free cash flow
Please correct answer and don't use hand raiting
Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2021 Compute for the operating cash flow Compute for the free cash flow

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