Given the financial data below, determine the Free Cash Flow for 2015.Income Statement (In Thousands)SalesOperating costsEBITDADepreciationEarnings before interest and taxesInterest (8%)Earnings before taxesTaxes (40%)Net incomeCommon dividendsBalance Sheet (In Thousands)Assets:Cash and marketable secuntiesAccounts receivableInventoriesTotal current assetsNet fixed assets (PP&E)Total assetsLiabilities and equityAccounts payableNotes payableAccrualsTotal current liabilitiesLong-term bondsTotal liabilitiesCommon stock (2 million shares)Retained earningsTotal common equityTotal liabilities and equity2015$23,500.00$14,100.00$9,400.00-$900.00$8,500.00$80.00$8,420.00$3,368.00$5,052.00$1,462.002015$1,700.00$5,865.00$6,500.00$0.00$3.525.00$10,025.00$1,000.00$11,025.00$6,000.00$6,590.002014$20,000.00$12.000.00$8,000.00$12,590.00$23.615.00-$800.00$7,200.00$160.00$7,040.00$2,816.00$4,224.00$2,112.00$1,000.00$5,000.00$7,050.00$6,000.00$14,615.00 $12,000.00$9.000.00$8,000.00$23,615.00$20,000.002014$6,000.00$1,000.00$3,000.00$10,000.00$1,000.00$11,000.00$6,000.00$3,000.00$9,000.00$20.000.00 Liabilities and equityAccounts payableNotes payableAccrualsTotal current liabilitiesLong-term bondsTotal liabilitiesCommon stock (2 million shares)Retained earningsTotal common equityTotal liabilities and equityO$1,130O$2,510$1,840O$3,190$3,730$23.615.00$6,500.00$0.00$3.525.00$10,025.00$1.000.00$11,025 00$6,000.00$6.590.00$12.590.00$23.615.00$20.000.00$6,000.00$1,000.00$3.000.00$10,000.00$1,000.00$11,000.00$6,000.00$3.000.00$9,000.00$20.000.00

Free cash flow is the money that a business makes after deducting the costs of operating and…

Answered: Liabilities and equity Accounts payable…

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

Problem 1PS

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current liabilities accounta payable $620,000 notes payables to bank $ 130,000 accrued wages.....? taxes owed $100,000 total current $1,250,000 long term debt..? stockholders equity ..? reaatained earnings..? coommon stock(1 par, 750,000 share authorized, 700,000 outstanding)..? ratained earning..? total stockholders equity $3,140,000 total liabilities and equity..?
what is the shareholders' equity?
find the percentages
The balance sheet for Shankland Corporation follows: 000'009 $ 000006 Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings 000 0000 000 00 000 009' 000 006 Total liabilities and stockholders' equity 000'00s Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio
The balance sheet for Stuart Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio $ 94,000 1.7 $ Required Compute the following. (Round "Ratios" to 1 decimal place.) % 238,000 770,000 $1,008,000 $ 144,000 441,000 585,000 423,000 $1,008,000
Accounts Payable Notes Payable Long Term Debt Common Stock Retained Earnings Total Liabilities & Equity $ 275,000 $ 315,000 $ 495,000 $ 925,000 $2,450,000 $4,460,000 Pre-Tax Cost of Debt: Intermediate Debt: 4.5% Long Term Debt: 6.5% Tax Rate: 21% Return on Equity: 11% Dividends per share: $0.20 Earnings per share: $0.90 C/S market price: $55 C/S outstanding: 80000 shares This company uses intermediate debt, long-term debt and common equity to finance its operations. With the information presented above: a. Calculate the firm's debt ratio (book value and market value based) b. Calculate the firm's WACC c. Calculate the new firm's WACC if the firm issued 150,000 new common stock at a flotation cost of $1.20 per share. The new issuance generates $4.5 million.
Knowledge Check 01 Total Assets for a company are $700,000: Accounts Payable is $75,000, Bonds Payable is $225,000; Common Stock is $300,000 and Retained Earnings is $100,000. The common-size percent for Accounts Payable is 0933% 0933.3% - 10.7% - 100.7%
Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments $35,766 Accounts receivable (net) 32,541 Inventory 34,460 Property, plant, and equipment 215,693 Total assets $318,460 Liabilities and Stockholders' Equity Current liabilities $67,513 Long-term liabilities 90,221 Common stock, $10 par 61,070 Retained earnings 96,656 Total liabilities and stockholders' equity $318,460 Income Statement Sales $99,202 Cost of goods sold 44,641 Gross margin $54,561 Operating expenses 28,479 $26,082 Net income
Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Joel de Paris, Incorporated Income Statement $ 386,000 978,000 1,192,000 Total liabilities and stockholders' equity $ 2,556,000 Sales Operating expenses Net operating income. Interest and taxes: Interest expense Tax expense Net income Beginning Balance. $ 112,000 197,000 $ 130,000 346,000 563,000 871,000 400,000 246,000 $ 2,556,000 $ 3,860,000 3,242,400 617,600 309,000 $ 308,600 $ Ending Balance $ 139,000 477,000 486,000 848,000 431,000 253,000 2,634,000 $ 341,000 978,000 1,315,000 $ 2,634,000 The company paid dividends of $185,600 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company. The…
Prior Year Current Year Accounts payable 3,153.00 5,915.00 Accounts receivable 6,935.00 9,046.00 Accruals 5,794.00 6,085.00 Additional paid in capital 19,655.00 13,876.00 Cash. ??? ??? Common Stock 2,850 2,850 COGS 22,169.00 18,794.00 Current portion long-term debt 500 500 Depreciation expense 1,016.00 1,037.00 Interest expense 1,276.00 1,138.00 Inventories 3,041.00 6,672.00 Long-term debt 16,904.00 22,546.00 Net fixed assets 75,987.00 73,861.00 Notes payable 4,002.00 6,534.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,536.00 34,724.00 Sales 46,360 45,799.00 Taxes 350 920 Category ww What is the firm's total change in cash from the prior year to the current year?
Debt to Assets ratio? Current assets $22400 Net income $44500 Stockholders' Current liabilities 13400 66400 equity Average assets 132000 Total liabilities 28600 Total assets 87000 Average common shares outstanding was 17000. 21.7 percent 43.8 percent 32.9 percent 33.7 percent

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