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

See similar textbooks

Similar questions

Hanshaben
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
Financial statements 1"he Davidson Corporation's balance sheet and income statement are elven here Davidson Corporation: Balance Sheet as of December 31, (Millions of Dollars) Liabilities and Equity 15 Accounts payable 515 Notes payable 880 51.410 Total current liabilities 2,590 Long-term bonds Total debt Common stock (100 million shares' 260 Retained earnings Common equity 54,000 Total liabilities and equity Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets 1.600 51.860 54.000
SECOND BANK PROVIDES THE FOLLOWING EQUITY DATA: REGULATORY EQUITY RELATED ACCOUNTS PREFERRED STOCKS 1,000.00 COMMON STOCKS 4,000.00 RETAINED EARNINGS 3,000.00 CAPITAL NOTES 1,000.00 SUBORDINATED DEBT 4,000.00 RESERVE FOR LOAN LOSSES 800.00 RISK WEIGHTED ASSETS 60,000.00 How much is Tier 2? Select one: O 56,088 $6,038 O $6,475 O $13,701 $6,125 O S7,226 NOT ENOUGH DATA TO ANSWER
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
Reference is made to the 2022 Balance Sheet of Tram-Ropes limited.Tram-Ropes Limited Balance Sheet 2022Cash 1,000,000.00 Accounts Payable 8,000,000.00Acc. Receivable 12,000,000.00 Notes Payable 8,500,000.00Marketable securities 3,000,000.00 Long-term Debt 20,000,000.00Inventories 7,500,000.00 Common stock 7,500,000.00Fixed Assets 26,500,000.00 Preferred Stock 6,000,000.00Total Assets 50,000,000.00 Total Liabilities and Equity 50,000,000.00Additional Information:i. The Long-Term debt consists of 8% annual coupon bonds, with15 years to maturity and are currently selling for 95% ofpar.ii. The company’s common shares which have a book value of $20per share are currently selling at $25 per share.PREPARED BY THE CI, MGMT2023 4iii. Preferred shares have a book value of $100 per share. Theseshares are currently selling at $120 per share and paysdividends of 6% per annum on book value.iv. The dividend growth rate is expected to be 3%, and dividendfor 2023 is projected to be $5.00 per…
H1. Account
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.
The McLaughlin Corporation declared a 6 percent stock dividend. Construct a pro forma balance sheet showing the effect of this action. The stock was selling for $37.50 per share, and a condensed version of McLaughlin's balance sheet as of December 31, 2008, before the dividend, follows ($ millions):

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS