Given data for Falcon Gear Ltd.: 2020 Cash flow from operating $700 Cash flow from investing ($1,300) Cash flow from financing ($400) Ending Cash Balance $22,000 Calculate the Opening Cash Balance for 2020.
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- I need help with last problem " return on Equilty" I need rounding it.Assume the company generated $3,400 in net operating profits after taxes. Using the information below, calculate the free cash flow for 2020. Balance Sheet as of December 31 (Millions of Dollars) 2020 2019 2020 2019 Assets Liabilities and Equity $900 Accounts payable Cash $1,026 $1,634 $1,436 Short-term Investments 90 100 Accruals 550 500 Accounts Receivable 1,968 1,726 Notes 645 575 payable Inventories 4,971 4,367 Total Current 2,829 2,511 Liabilities Total Current 8,055 7,093 Assets Long-term 2,173 2,815 debt Net plant and equipment १.943 8,733 Total Liabilities 5,002 5,326 Common Total Assets $17,998 $15.826 2.400 2,500 stock Retained earnings 10,595 8,000 Total common 12.995 10,500 equity Total liabilitics and $17.998 $15,826 cquity O $1.423 $1.739 O $1.467 O $1,534Ratio Analysis Consider the following information taken from GER's financial statements: September 30(in thousands) 2020 2019 Current assets: Cash and cash equivalents $1,274 $6,450 Receivables 30,071 16,548 Inventories 31,796 14,072 Other current assets 4,818 2,620 Total current assets $67,959 $39,690 Current liabilities: Current portion of long-term debt $97 $3,530 Accounts payable 23,124 11,228 Accrued compensation costs 5,606 1,929 Accrued expenses 9,108 5,054 Other current liabilities 874 777 Total current liabilities $38,809 $22,518 Also, GER's operating cash flows were $11,255 and $13,736 in 2020 and 2019, respectively. 4. Calculate the operating cash flow ratios for 2020 and 2019. Operating Cash Flow Ratio 2020 fill in the blank 7 2019 fill in the blank 8
- Need answerConsider the following information taken from GER's financial statements: September 30(in thousands) 2020 2019 Current assets: Cash and cash equivalents $1,274 $6,450 Receivables 30,071 16,548 Inventories 31,796 14,072 Other current assets 4,818 2,620 Total current assets $67,959 $39,690 Current liabilities: Current portion of long-term debt $97 $3,530 Accounts payable 23,124 11,228 Accrued compensation costs 5,606 1,929 Accrued expenses 9,108 5,054 Other current liabilities 874 777 Total current liabilities $38,809 $22,518 Also, GER's operating cash flows were $11,255 and $13,736 in 2020 and 2019, respectively. Round your answers to two decimal places. 2. Calculate the quick ratios for 2020 and 2019. Quick Ratio 2020 ?? 2019 ?? 3. Calculate the cash ratios for 2020 and 2019. Cash Ratio 2020 ?? 2019 ?? 5. Conceptual Connection: What are some reasons why GER's…Using Financial Statements for 2020, sales to working capital for the year 2020 is 2.41. True or False?
- Calculate NOPAT, Net operting Working capital, Capital expenditure and free cash flow for 2021Return on Assets Calculate the company's return on assets for 2020 and compare the result to the industry average.The following information has been extracted from the financial statements and notes of Spring Ltd. 2020 2019 Cash and Cash Equivalents 60,600 59,700 Account Receivable(net) 130,800 128,900 Account Payable 54,700 52,900 Revenue 780,000 750,000 Cost of Goods Sold 450,500 445,500 Profit 65,500 58,500 Inventory 234,700 215,300 Total assets 580,000 590,000 Current Liabilities 250,900 265,700 Total liabilities 300,000 330,000 Short-term investments 67,400 75,900 Based on the above information calculate the following ratios: 1) Return on assets for 2020. 2) Profit Margin ratio for 2020. 3) Debt to assets ratio for 2020. 4) Acid-test ratio for 2020. 5) Inventory Turnover ratio for 2020.
- Calculate the profit margin (net income or net profit/total sales)for Rock Castle construction for this fiscal year. What’s the percentageLemon Zester Company's Balance Sheet for December 31, 2019 and the Income Statement for 2020 are shown below. Balance Sheet as of December 31,2019 Cash $10,000 Accounts receivable 5,000 Inventory 12,000 Property and equipment, net 20,000 $47,000 Accounts payable $10,000 Note payable, long-term 5,000 Contributed earnings 20,000 Retained earnings 12,000 $47,000 Income Statement for 2020 Sales $13,000 Cost of goods sold 3,000 Wage expense 3,000 Interest expense 1,000 Other expenses 500 Net income $5,500 Additional Data for 2020: Sales were $13,000; $8,000 in cash was received from customers. Bought new land for cash, $10,000. Sold other land for its book value of $5,000. Paid $1,000 principal on the long-term note payable and $1,000 in interest. Issued new shares for $10,000 cash. $1,000 of dividends were declared and paid. Paid $5,500 on accounts payable. No inventory…Excel Activity: Financial Statements, Cash Flow, and Taxes Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) 2021 2020 Cash $ 106,278 $ 91,660 Accounts receivable 103,347 85,164 Inventories 38,965 35,757 Total current assets $ 248,590 $ 212,581 Net fixed assets 67,963 42,749 Total assets $ 316,553 $ 255,330 Accounts payable $ 30,151 $ 22,600 Accruals 31,711 24,202 Notes payable 17,606 14,626 Total current liabilities $ 79,468 $ 61,428 Long-term debt 77,320 64,070 Total liabilities $ 156,788 $ 125,498 Common stock 100,500 88,000 Retained earnings 59,265 41,832 Total common equity $ 159,765 $ 129,832 Total liabilities and equity $ 316,553 $ 255,330 The data has been collected in the Microsoft Excel file below.…
