Undo C15 Ready A ☆ Clipboard S V X 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Calculate the following: 29 OCF-Operating Cash Flow 30 Net Operating Working Capital 31 Change in NOWC 32 Change in Gross Plant & Equipment 33 Investment in Operating Capital 4 Sheet2 + B Total Assets Net sales (all credit) Cost of goods sold Depreciation Font Income Statement ($million) 2400.0 2000.0 2040.0 1700.0 60.0 50.0 EBIT interest EBT taxes Net Income Common dividends 43.4 121.0 D 2020 40.4 8.8 2019 E Alignment F Total Stockhldr Equity Total Liab. and Equity .00 0 Number G S Equals market value per share The firm has no preferred stock H Additional information: Average Tax Rate = 40% Applyaverage tax rate to all Net Income shares outstanding = 50 million Common stock price = $10.00 per share Cell Styl

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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please use formula type in answer
Calibri
Format as lab
三=
Cell Styles
Paste
BIU
Number
Styles
Alignment
Font
Undo
Clipboard
:XV fx
H.
1.
Fill in the yellow cells with the appropriate functions/formulas.
Do not type in the numerical answer. Let Excel calculate the number using your formula in the cell.
Balance Sheet ($million)
2020
2019
Sta
2020
2019
216
180
You
Accounts Payble
Notes Paybable
Accrued wages&taxes
Cash
24
20
Accounts receivable
360
300
134
103
you
Ad
Sub
144
120
Inventory
Total Current Assets
Gross Plant & Equip.
360
400
494
300
744
720
Total Current Liab.
403
650
Long-term debt/bonds
300
Mu
-Accumulated deprciation
Net Plant & Equip.
150
Common stock
100
100
Divi
Retained earnings
Total Stockhldr Equity
Total Liab. and Equity
600
500
450
417
Ma
Total Assets
Do r
17
Income Statement ($million)
Exar
18
Net sales (all credit)
2000.0
Additional information:
2400.0
19
Cost of goods sold
2040.0
1700.0
Average Tax Rate =
Applyaverage tax rate to all Net Income
shares outstanding =
40%
20
Depreciation
60.0
50.0
21
Ea
EBIT
Sheet2
50 million
+)
LwOu
Ready Accessibility: Investigate
Transcribed Image Text:Calibri Format as lab 三= Cell Styles Paste BIU Number Styles Alignment Font Undo Clipboard :XV fx H. 1. Fill in the yellow cells with the appropriate functions/formulas. Do not type in the numerical answer. Let Excel calculate the number using your formula in the cell. Balance Sheet ($million) 2020 2019 Sta 2020 2019 216 180 You Accounts Payble Notes Paybable Accrued wages&taxes Cash 24 20 Accounts receivable 360 300 134 103 you Ad Sub 144 120 Inventory Total Current Assets Gross Plant & Equip. 360 400 494 300 744 720 Total Current Liab. 403 650 Long-term debt/bonds 300 Mu -Accumulated deprciation Net Plant & Equip. 150 Common stock 100 100 Divi Retained earnings Total Stockhldr Equity Total Liab. and Equity 600 500 450 417 Ma Total Assets Do r 17 Income Statement ($million) Exar 18 Net sales (all credit) 2000.0 Additional information: 2400.0 19 Cost of goods sold 2040.0 1700.0 Average Tax Rate = Applyaverage tax rate to all Net Income shares outstanding = 40% 20 Depreciation 60.0 50.0 21 Ea EBIT Sheet2 50 million +) LwOu Ready Accessibility: Investigate
Data
Review
View
Help
Page Layout
Formulas
File
Home
Insert
Draw
Number
Conditional
Calibri
11 A A"
$ % 9
Format as Ta
Paste
BIUv
Cell Styles
Alignment
Number
Style
Font
Undo
Clipboard
C15
EXv fx
A
B.
Total Stockhldr Equity
Total Liab. and Equity
14
Total Assets
15
D
16
17
Income Statement ($million)
Ex
Net sales (all credit)
Cost of goods sold
18
2400.0
2000.0
Additional information:
19
2040.0
1700.0
50.0
Average Tax Rate =
40%
20
Depreciation
EBIT
60.0
Applyaverage tax rate to all Net Income
shares outstanding =
Common stock price =
21
50 million
22
interest
43.4
40.4
23
$10.00 per share
EBT
Equals market value per share
The firm has no preferred stock
24
taxes
25
Net Income
You
26
Common dividends
121.0
bar
8.8
27
28 Calculate the following:
29 OCF-Operating Cash Flow
30 Net Operating Working Capital
31 Change in NOWC
32 Change in Gross Plant & Equipment
33 Investment in Operating Capital
2020
2019
Sheet2
Ready
* Accessibility: Investigate
lil lili
Transcribed Image Text:Data Review View Help Page Layout Formulas File Home Insert Draw Number Conditional Calibri 11 A A" $ % 9 Format as Ta Paste BIUv Cell Styles Alignment Number Style Font Undo Clipboard C15 EXv fx A B. Total Stockhldr Equity Total Liab. and Equity 14 Total Assets 15 D 16 17 Income Statement ($million) Ex Net sales (all credit) Cost of goods sold 18 2400.0 2000.0 Additional information: 19 2040.0 1700.0 50.0 Average Tax Rate = 40% 20 Depreciation EBIT 60.0 Applyaverage tax rate to all Net Income shares outstanding = Common stock price = 21 50 million 22 interest 43.4 40.4 23 $10.00 per share EBT Equals market value per share The firm has no preferred stock 24 taxes 25 Net Income You 26 Common dividends 121.0 bar 8.8 27 28 Calculate the following: 29 OCF-Operating Cash Flow 30 Net Operating Working Capital 31 Change in NOWC 32 Change in Gross Plant & Equipment 33 Investment in Operating Capital 2020 2019 Sheet2 Ready * Accessibility: Investigate lil lili
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