Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $54 million, NOPAT of $98 million, and depreciation of $22 million. Using this information, fill in the blanks on Rebecky's balance sheet below. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.) Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets 2024 $ $ $ $ 55 REBECKY'S FLOWERS 4U, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 (in millions of dollars) 35 $ 94 2023 143 272 $ 540 $ 72 468 $ 90 558 830 $ $ 32 84 124 240 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Liabilities and Equity Long-term debt 490 Stockholders' equity 50 Preferred stock (5 million shares) Common stock and paid-in surplus (40 million shares) 440 90 Retained earnings 530 Total 770 Total liabilities and equity 2024 $ S ✔ S S 37 S 55 $ 332 $ 5 $ 80 247 332 S 830 S 2023 35 60 55 150 325 5 80 210 295 770

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $54 million, NOPAT of $98 million, and depreciation of $22
million. Using this information, fill in the blanks on Rebecky's balance sheet below.
Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.)
Current assets:
Cash and marketable securities
Accounts receivable
Inventory
Total
Fixed assets:
Assets
Gross plant and equipment
Less: Accumulated depreciation
Net plant and equipment
Other long-term assets
Total
Total assets
2024
$
$
$
$
$
$
REBECKY'S FLOWERS 4U, INCORPORATED
Balance Sheet as of December 31, 2024 and 2023
(in millions of dollars)
35 $
94
143
272 $
2023
540 $
72
468 $
90
558 $
830 $
Liabilities and Equity
Current liabilities:
Accrued wages and taxes
Accounts payable
Notes payable
Total
Long-term debt
490 Stockholders' equity
32
84
124
240
Preferred stock (5 million shares)
Common stock and paid-in surplus (40 million shares)
50
440
90 Retained earnings
530
Total
770 Total liabilities and equity
2024
$
$
$
S
$
37 $
55
$
332 $
5 $
80
247
332 S
830 S
2023
35
60
55
150
325
5
80
210
295
770
Transcribed Image Text:Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $54 million, NOPAT of $98 million, and depreciation of $22 million. Using this information, fill in the blanks on Rebecky's balance sheet below. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.) Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Assets Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets 2024 $ $ $ $ $ $ REBECKY'S FLOWERS 4U, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 (in millions of dollars) 35 $ 94 143 272 $ 2023 540 $ 72 468 $ 90 558 $ 830 $ Liabilities and Equity Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Long-term debt 490 Stockholders' equity 32 84 124 240 Preferred stock (5 million shares) Common stock and paid-in surplus (40 million shares) 50 440 90 Retained earnings 530 Total 770 Total liabilities and equity 2024 $ $ $ S $ 37 $ 55 $ 332 $ 5 $ 80 247 332 S 830 S 2023 35 60 55 150 325 5 80 210 295 770
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