What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022?
What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022?
![NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31
(MILLIONS OF PHP)
2021
P3,600.0 P3,000.0
2,550.0
P 450.0
75.0
P 375.0
60.0
2022
Sales
O perating costs (excluding depreciation and amortization)
Е ВITDA
Depreciation and amortization
E arnings before interest and taxes
Interest
E arnings before taxes
Taxes (40%)
Net income available to common stockholders
3.060.0
P 540.0
90.0
P 450.0
65.0
P 385.0
P 315.0
154.0
126.0
P 231.0 P 189.0
Common dividends
P 181.5
P 13.2
NATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31
(MILLIONS OF PHP)
2022
2021
Assets:
Cash and marketable securities
P 36.0
540.0
P 30.0
450.0
_ 600.0
P1,080.0
750.0
P1.830.0
Accounts receivable
Inventories
Total current assets
540.0
P1,116.0
900.0
P2.016.0
Net plant and equipment
Total assets
Liabilities and equity:
Accounts payable
Notes payable
P 324.0
P 270.0
155.0
201.0
180.0
P 605.0
450.0
P1,055.0
150.0
625.0
P 775.0
P1.830.0
216.0
P 741.0
450.0
P1,191.0
Accruals
Total current lia bilties
Long-term bonds
Total debt
Common stock (50 million shares)
Retained earnings
Total com mon equity
Total liabilities and equity
150.0
675.0
P 825.0
P2.016.0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4018bc5b-16ab-467c-b7c9-d09c5e9dc54e%2Fe3f9c392-e189-4b89-9b7f-bd69422ed854%2Fgurwm7_processed.png&w=3840&q=75)
Transcribed Image Text:NATIONAL CO.: INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31
(MILLIONS OF PHP)
2021
P3,600.0 P3,000.0
2,550.0
P 450.0
75.0
P 375.0
60.0
2022
Sales
O perating costs (excluding depreciation and amortization)
Е ВITDA
Depreciation and amortization
E arnings before interest and taxes
Interest
E arnings before taxes
Taxes (40%)
Net income available to common stockholders
3.060.0
P 540.0
90.0
P 450.0
65.0
P 385.0
P 315.0
154.0
126.0
P 231.0 P 189.0
Common dividends
P 181.5
P 13.2
NATIONAL CO.: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31
(MILLIONS OF PHP)
2022
2021
Assets:
Cash and marketable securities
P 36.0
540.0
P 30.0
450.0
_ 600.0
P1,080.0
750.0
P1.830.0
Accounts receivable
Inventories
Total current assets
540.0
P1,116.0
900.0
P2.016.0
Net plant and equipment
Total assets
Liabilities and equity:
Accounts payable
Notes payable
P 324.0
P 270.0
155.0
201.0
180.0
P 605.0
450.0
P1,055.0
150.0
625.0
P 775.0
P1.830.0
216.0
P 741.0
450.0
P1,191.0
Accruals
Total current lia bilties
Long-term bonds
Total debt
Common stock (50 million shares)
Retained earnings
Total com mon equity
Total liabilities and equity
150.0
675.0
P 825.0
P2.016.0
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