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Income Statement Balance Sheet Income Statement FY23 FY24 Sales 11,305,000,000 13,205,000,000 Cost of Goods Sold 5,088,000,000 5,943,000,000 Other Expenses 4,522,000,000 5,282,000,000 Depreciation 905,000,000 1,058,000,000 Earnings Before Int. & Tax 790,000,000 922,000,000 Interest Expense 453,000,000 530,000,000 Taxable Income 337,000,000 392,000,000 Taxes (25%) 84,250,000 98,000,000 Net Income 252,750,000 294,000,000 Dividends Add. to Retained Earnings 252,750,000 294,000,000 Income Statement Balance Sheet Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 328,600,000 Accounts Payable 621,000,000 532,000,000 Accounts Receivable 502,000,000 619,600,000 Notes Payable 376,000,000 440,000,000 Total Current Inventory 41,000,000 99,800,000 997,000,000 972,000,000 Liabilities Total Current Assets 754,000,000 1,048,000,000 Long-Term Debt 16,523,000,000 17,377,000,000 Fixed Assets Net Plant & Equipment 20,031,000,000 21,714,000,000 Shareholder Equity Common Stock 2,000,000,000 2,854,000,000 Retained Earnings 1,265,000,000 1,559,000,000 Total Equity 3,265,000,000 4,413,000,000

Income Statement Balance Sheet Income Statement FY23 FY24 Sales 11,305,000,000 13,205,000,000 Cost of Goods Sold 5,088,000,000 5,943,000,000 Other Expenses 4,522,000,000 5,282,000,000 Depreciation 905,000,000 1,058,000,000 Earnings Before Int. & Tax 790,000,000 922,000,000 Interest Expense 453,000,000 530,000,000 Taxable Income 337,000,000 392,000,000 Taxes (25%) 84,250,000 98,000,000 Net Income 252,750,000 294,000,000 Dividends Add. to Retained Earnings 252,750,000 294,000,000 Income Statement Balance Sheet Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 328,600,000 Accounts Payable 621,000,000 532,000,000 Accounts Receivable 502,000,000 619,600,000 Notes Payable 376,000,000 440,000,000 Total Current Inventory 41,000,000 99,800,000 997,000,000 972,000,000 Liabilities Total Current Assets 754,000,000 1,048,000,000 Long-Term Debt 16,523,000,000 17,377,000,000 Fixed Assets Net Plant & Equipment 20,031,000,000 21,714,000,000 Shareholder Equity Common Stock 2,000,000,000 2,854,000,000 Retained Earnings 1,265,000,000 1,559,000,000 Total Equity 3,265,000,000 4,413,000,000

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 11MCQ
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CALCULATE SPACEX'S NET CAPITAL SPENDING IN FY24

Income Statement Balance Sheet Income Statement FY23 FY24 Sales 11,305,000,000 13,205,000,000 Cost of Goods Sold 5,088,000,000 5,943,000,000 Other Expenses 4,522,000,000 5,282,000,000 Depreciation 905,000,000 1,058,000,000 Earnings Before Int. & Tax 790,000,000 922,000,000 Interest Expense 453,000,000 530,000,000 Taxable Income 337,000,000 392,000,000 Taxes (25%) 84,250,000 98,000,000 Net Income 252,750,000 294,000,000 Dividends Add. to Retained Earnings 252,750,000 294,000,000
Transcribed Image Text:Income Statement Balance Sheet Income Statement FY23 FY24 Sales 11,305,000,000 13,205,000,000 Cost of Goods Sold 5,088,000,000 5,943,000,000 Other Expenses 4,522,000,000 5,282,000,000 Depreciation 905,000,000 1,058,000,000 Earnings Before Int. & Tax 790,000,000 922,000,000 Interest Expense 453,000,000 530,000,000 Taxable Income 337,000,000 392,000,000 Taxes (25%) 84,250,000 98,000,000 Net Income 252,750,000 294,000,000 Dividends Add. to Retained Earnings 252,750,000 294,000,000
Income Statement Balance Sheet Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 328,600,000 Accounts Payable 621,000,000 532,000,000 Accounts Receivable 502,000,000 619,600,000 Notes Payable 376,000,000 440,000,000 Total Current Inventory 41,000,000 99,800,000 997,000,000 972,000,000 Liabilities Total Current Assets 754,000,000 1,048,000,000 Long-Term Debt 16,523,000,000 17,377,000,000 Fixed Assets Net Plant & Equipment 20,031,000,000 21,714,000,000 Shareholder Equity Common Stock 2,000,000,000 2,854,000,000 Retained Earnings 1,265,000,000 1,559,000,000 Total Equity 3,265,000,000 4,413,000,000
Transcribed Image Text:Income Statement Balance Sheet Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 328,600,000 Accounts Payable 621,000,000 532,000,000 Accounts Receivable 502,000,000 619,600,000 Notes Payable 376,000,000 440,000,000 Total Current Inventory 41,000,000 99,800,000 997,000,000 972,000,000 Liabilities Total Current Assets 754,000,000 1,048,000,000 Long-Term Debt 16,523,000,000 17,377,000,000 Fixed Assets Net Plant & Equipment 20,031,000,000 21,714,000,000 Shareholder Equity Common Stock 2,000,000,000 2,854,000,000 Retained Earnings 1,265,000,000 1,559,000,000 Total Equity 3,265,000,000 4,413,000,000
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