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lease answer all of the following questions and kindly type it out if possible so I can easily understand. I have attached two pictures with the information to complete the questions. Thank You :) As part of your analysis, you are required to investigate WITCO’s cash flows. (a)Using the financial statements and additional notes provided, calculate the following for 2020: i. Operating Cash Flow ii. Net Capital Spending iii. Change in Net Working Capital iv. Cash Flow from assets v. Cash Flow to creditors vi. Cash Flow to stockholders (b) Prepare WITCO’s Statement of Cash Flow for the year ended December 31, 2020. (c)What is the purpose and importanceof the Cash Flow Statement?

lease answer all of the following questions and kindly type it out if possible so I can easily understand. I have attached two pictures with the information to complete the questions. Thank You :) As part of your analysis, you are required to investigate WITCO’s cash flows. (a)Using the financial statements and additional notes provided, calculate the following for 2020: i. Operating Cash Flow ii. Net Capital Spending iii. Change in Net Working Capital iv. Cash Flow from assets v. Cash Flow to creditors vi. Cash Flow to stockholders (b) Prepare WITCO’s Statement of Cash Flow for the year ended December 31, 2020. (c)What is the purpose and importanceof the Cash Flow Statement?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Please answer all of the following questions and kindly type it out if possible so I can easily understand. I have attached two pictures with the information to complete the questions. Thank You :)

As part of your analysis, you are required to investigate WITCO’s cash flows.

(a)Using the financial statements and additional notes provided, calculate the following for 2020:

i. Operating Cash Flow

ii. Net Capital Spending

iii. Change in Net Working Capital

iv. Cash Flow from assets

v. Cash Flow to creditors

vi. Cash Flow to stockholders

(b) Prepare WITCO’s Statement of Cash Flow for the year ended December 31, 2020.

(c)What is the purpose and importanceof the Cash Flow Statement?

Case Analysis: West Indian Tobacco Company Limited The West Indian Tobacco Company Limited (West Indian Tobacco) is a public company whose shares are listed on the Trinidad and Tobago Stock Exchange and held by over 3000 shareholders. The company was established in 1904 by Mr. John Phillips, businessman and founder of the tobacco business in Trinidad and Tobago. In 1948, the manufacturing plant was transitioned from Port-of-Spain to Champ Fleurs. Currently this plant supplies 25 brands in 137 stock keeping units (SKU's) both to the local Trinidad and Tobago market, and regionally to 16 CARICOM Members and Associate countries. These include: Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Bermuda, British Virgin Islands and the Cayman Islands. The Company's mission is to sustain its market leadership position and to be the number one manufacturing centre in the Caribbean. Locally we distribute through third party distribution to approximately 7000 outlets around Trinidad and Tobago. Our local product portfolio is made up of three main brands, Dunhill, DuMaurier and Broadway in 14 stock keeping units.
Transcribed Image Text:Case Analysis: West Indian Tobacco Company Limited The West Indian Tobacco Company Limited (West Indian Tobacco) is a public company whose shares are listed on the Trinidad and Tobago Stock Exchange and held by over 3000 shareholders. The company was established in 1904 by Mr. John Phillips, businessman and founder of the tobacco business in Trinidad and Tobago. In 1948, the manufacturing plant was transitioned from Port-of-Spain to Champ Fleurs. Currently this plant supplies 25 brands in 137 stock keeping units (SKU's) both to the local Trinidad and Tobago market, and regionally to 16 CARICOM Members and Associate countries. These include: Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Bermuda, British Virgin Islands and the Cayman Islands. The Company's mission is to sustain its market leadership position and to be the number one manufacturing centre in the Caribbean. Locally we distribute through third party distribution to approximately 7000 outlets around Trinidad and Tobago. Our local product portfolio is made up of three main brands, Dunhill, DuMaurier and Broadway in 14 stock keeping units.
West Indian Tobacco Company Limited Income Statements For the years ended December 31, 2019 & 2020 2019 2020 ('000s) 935,385 ('000s) 899,917 Sales Cost of Sales (208,980) 728,375 (211,020) 688,897 (10,005) (75,537) (15,241) Gross Profit Distribution Costs (14,354) Administrative Expenses (83,072) Other Opersting Expenses (25,627) Interest Income 2,961 1,210 Other Income/(Expenses) Earnings before Interest & Taxes Interest Expense 8,537 616,820 9,552 597,976 (348) 597,628 (521) 616,299 Taxable Income Taxation (189,526) 426,773 (178,055) 419,573 Net Income Dividends Paid 292,415 Add to Retained Earnings 127, 158 West Indian Tobacco Company Limited Statement of Financial Position As at December 31, 2018 & 2019 2019 2020 2019 2020 ('000s) ('000s) ('000s) ('000s) ASSETS LIABILITIES & EQUITY Current Assets Current Liabilities Accounts Payables Other Current Liabilities Inventories 36,627 48,916 99,348 117,408 Accounts Receivables 79.893 50.818 48,739 148,087 49.395 Other Curent Assets 5.071 4,917 188,801 Cash & Equivelents 300,018 447.921 421.609 550,572 Non-current Liabilites 84,047 84.580 Non Current Assets, Net 281,779 258.251 Total Liabilities 232, 134 231,361 Equity Share Capital & Other Reserves Retained Earnings 102,958 102.008 348,298 475.458 Total Equity 451,254 577,462 TOTAL ASSET s 683,388 808,823 TOTAL LIAB. & EQUITY 683,388 808,823 ADDITIONAL NOTES to FINANCIAL STATEMENTS: > Depreciation Expense for 2019 = $11,385 ('000) > Depreciation Expense for 2020 = $11,751 ('000) > Change in Equity = Change in Share Capital & Other Reserves %3D
Transcribed Image Text:West Indian Tobacco Company Limited Income Statements For the years ended December 31, 2019 & 2020 2019 2020 ('000s) 935,385 ('000s) 899,917 Sales Cost of Sales (208,980) 728,375 (211,020) 688,897 (10,005) (75,537) (15,241) Gross Profit Distribution Costs (14,354) Administrative Expenses (83,072) Other Opersting Expenses (25,627) Interest Income 2,961 1,210 Other Income/(Expenses) Earnings before Interest & Taxes Interest Expense 8,537 616,820 9,552 597,976 (348) 597,628 (521) 616,299 Taxable Income Taxation (189,526) 426,773 (178,055) 419,573 Net Income Dividends Paid 292,415 Add to Retained Earnings 127, 158 West Indian Tobacco Company Limited Statement of Financial Position As at December 31, 2018 & 2019 2019 2020 2019 2020 ('000s) ('000s) ('000s) ('000s) ASSETS LIABILITIES & EQUITY Current Assets Current Liabilities Accounts Payables Other Current Liabilities Inventories 36,627 48,916 99,348 117,408 Accounts Receivables 79.893 50.818 48,739 148,087 49.395 Other Curent Assets 5.071 4,917 188,801 Cash & Equivelents 300,018 447.921 421.609 550,572 Non-current Liabilites 84,047 84.580 Non Current Assets, Net 281,779 258.251 Total Liabilities 232, 134 231,361 Equity Share Capital & Other Reserves Retained Earnings 102,958 102.008 348,298 475.458 Total Equity 451,254 577,462 TOTAL ASSET s 683,388 808,823 TOTAL LIAB. & EQUITY 683,388 808,823 ADDITIONAL NOTES to FINANCIAL STATEMENTS: > Depreciation Expense for 2019 = $11,385 ('000) > Depreciation Expense for 2020 = $11,751 ('000) > Change in Equity = Change in Share Capital & Other Reserves %3D
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