Current Accounts 2015: Current Assets= 4,400; Current Liabilities = 1,500 2014: Current Assets = 3,500; Current Liabilities = 1,200 Fixed Assets and Depreciation 2015: Net Fixed Assets = 3,400; 2014: Net Fixed Assets = 3,100 Depreciation Expense = 400 Long-term Debt and Equity (Retained Earnings not given) 2015: Long-term Debt = 4,000; Common stock & Additional paid in capital = 400 2014: Long-term Debt = 3,950; Common stock & Additional paid in capital = 400 Income Statement Earnings Before Interest and Taxes= 2,000; Taxes = 300 Interest Expense = 350; Dividends = 500
Current Accounts 2015: Current Assets= 4,400; Current Liabilities = 1,500 2014: Current Assets = 3,500; Current Liabilities = 1,200 Fixed Assets and Depreciation 2015: Net Fixed Assets = 3,400; 2014: Net Fixed Assets = 3,100 Depreciation Expense = 400 Long-term Debt and Equity (Retained Earnings not given) 2015: Long-term Debt = 4,000; Common stock & Additional paid in capital = 400 2014: Long-term Debt = 3,950; Common stock & Additional paid in capital = 400 Income Statement Earnings Before Interest and Taxes= 2,000; Taxes = 300 Interest Expense = 350; Dividends = 500
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.10E
Related questions
Question
Current Accounts
2015: Current Assets= 4,400; Current Liabilities = 1,500
2014: Current Assets = 3,500; Current Liabilities = 1,200
Fixed Assets and
2015: Net Fixed Assets = 3,400; 2014: Net Fixed Assets = 3,100
Depreciation Expense = 400
Long-term Debt and Equity (
2015: Long-term Debt = 4,000; Common stock & Additional paid in capital = 400
2014: Long-term Debt = 3,950; Common stock & Additional paid in capital = 400
Income Statement
Earnings Before Interest and Taxes= 2,000; Taxes = 300
Interest Expense = 350; Dividends = 500
Use the information above to calculate
- a) Operating
cash flow
- b) Net capital spending
- c) Changes in net
working capital
- d) Cash flow to creditors
- e) Cash flow to stockholders
- f) Cash flow from assets
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