Using the Financial Statements below Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from an Asset perspective Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from a Finance perspective ASSETS 2010 2011 LIABILITIES & EQUITY 2010 2011 Cash 12000 12750 Accounts Payables 36,000 41250 Marketable Securities 5250 5400 Notes Payables 12,000 9750 Accounts Receivables 31500 28500 Accruals 2,250 1875 Inventory 37500 69750 Tax Payable 2,250 1875 Prepaid Rent 900 825 Total Current Liabilities 52,500 54,750 Total Current Assets 87150 117225 Long Term Debt 120,000 112500 Net Plant & Equipment 214500 217500 Common Stockholders’ Equity 129150 167475 Total Assets 301650 334725 Total Liabilities and Equity 301,650 334,725 Sales 525000 Less: Cost of Goods Sold 375000 Gross Profits 150000 Less Gen. & Admin. Expenses 37500 Less Interest 7500 Less Depreciation 22500 Profit before taxes 82500 Less Taxes 20325 Net Income available to common stock holders 62175 Less Cash Dividends 23850 Change in Retained Earnings 38325
Using the Financial Statements below
- Calculate the
Free Cash flows for RPI , Inc for the year ended December 31, 2011 from an Asset perspective - Calculate the Free Cash flows for RPI , Inc for the year ended December 31, 2011 from a Finance perspective
ASSETS |
2010 |
2011 |
LIABILITIES & EQUITY |
2010 |
2011 |
Cash |
12000 |
12750 |
Accounts Payables |
36,000 |
41250 |
Marketable Securities |
5250 |
5400 |
Notes Payables |
12,000 |
9750 |
|
31500 |
28500 |
Accruals |
2,250 |
1875 |
Inventory |
37500 |
69750 |
Tax Payable |
2,250 |
1875 |
Prepaid Rent |
900 |
825 |
Total Current Liabilities |
52,500 |
54,750 |
Total Current Assets |
87150 |
117225 |
Long Term Debt |
120,000 |
112500 |
Net Plant & Equipment |
214500 |
217500 |
Common |
129150 |
167475 |
Total Assets |
301650 |
334725 |
Total Liabilities and Equity |
301,650 |
334,725 |
Sales |
|
525000 |
Less: Cost of Goods Sold |
|
375000 |
Gross Profits |
|
150000 |
Less Gen. & Admin. Expenses |
37500 |
|
Less Interest |
7500 |
|
Less |
22500 |
|
Profit before taxes |
|
82500 |
Less Taxes |
|
20325 |
Net Income available to common stock holders |
|
62175 |
Less Cash Dividends |
|
23850 |
Change in |
|
38325 |
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