Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $54 million, NOPAT of $98 million, and depreciation of $22million. 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 securitiesAccounts receivableInventoryTotalFixed assets:AssetsGross plant and equipmentLess: Accumulated depreciationNet plant and equipmentOther long-term assetsTotalTotal assets2024$$$$$$REBECKY'S FLOWERS 4U, INCORPORATEDBalance Sheet as of December 31, 2024 and 2023(in millions of dollars)35 $94143272 $2023540 $72468 $90558 $830 $Liabilities and EquityCurrent liabilities:Accrued wages and taxesAccounts payableNotes payableTotalLong-term debt490 Stockholders' equity3284124240Preferred stock (5 million shares)Common stock and paid-in surplus (40 million shares)5044090 Retained earnings530Total770 Total liabilities and equity2024$$$S$37 $55$332 $5 $80247332 S830 S2023356055150325580210295770

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

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

Section: Chapter Questions

Problem 1Q

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