XYZ Corp. had the following data for 2012, in millions: Net income = $500; EBIT =$700; Depreciation & Amortization = $100; and Gross fixed assets = $2,000. Informationfor 2013 is as follows: Net income = $625; EBIT = $925; Depreciation & Amortization =$110; and Gross fixed assets = $2,280. Assume the tax rate is 40% and the companyinvested $160 in NOWC in 2013. How much free cash flow did the firm generate during2013?

FCFF refers to Free cash flow fund also known as unlevered cash flow, which includes non cash…

Answered: XYZ Corp. had the following data for…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Fusion Energy Co's earnings before interest and taxes (EBIT) was $275 million. Assuming Fusion Energy's tax rate is 25%, what is their net operating profit after taxes (NOPAT) for 2015 expressed in millions of dollars? Now: In 2015, Fusion Energy spent $30 million on capital expenditures, experienced a decrease in net working capital (including cash) equal to # 70 million, and realized $10 million in depreciation. What is Fusion Energy's unlevered free cash flow for 2015? 393.75 116.25 373.75 256.25
Holly's Art Galleries recently reported $15.8 million of net income. Its EBIT was $26 million, and its federal tax rate was 21% (ignore any possible state corporate taxes). What was its interest expense? (Hint: Write out the headings for an income statement and then fill in the known values. Then divide $15.8 million net income by 1 − T = 0.79 to find the pre-tax income. The difference between EBIT and taxable income must be the interest expense.) Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar.
Sandhill Corporation had revenues of $858,030 in 2017. It also had expenses (excluding depreciation) of $356,240, depreciation of $103,471, and interest expense of $52,414. What was the company’s net income after taxes if its average tax rate was 40 percent? (Round answer to 2 decimal places, e.g. 15.25.)
The 2021 income statement for Duffy's Pest Control shows that depreciation expense was $203 million, EBIT was $516 million, and the tax rate was 35 percent. At the beginning of the year, the balance of gross fixed assets was $1,586 million and net operating working capital was $423 million. At the end of the year, gross fixed assets was $1,839 million. Duffy's free cash flow for the year was $429 million. Calculate the end-of-year balance for net operating working capital. (Enter your answer in millions of dollars rounded to 1 decimal place.) Net operating working capital million
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company reported $58,000 of depreciation expense on its income statement in 2015 and $32,000 in 2016. On its tax returns, Morgan deducted $84,000 for depreciation in 2015 and $94,000 in 2013. The 2016 tax return shows a tax obligation (liability) of $38,400 based on a 40% tax rate.Deferred Income Taxes What is the deferred tax liability for 2016?
Your firm has total sales of $1,700. Operating Costs are $745, excluding depreciation and taxes, and operating- related depreciation is $155. The tax rate is 20%. What is the operating cash flow? A. $460. B. $600. C. $640. D. $800. E. $955.
An after-tax cash flow analysis produced the data below for the year 2013. Determine the after-tax cash flow for 2013? Before-Tax-and-Loan = $23,000 Loan Principal Payment = $3,203 Loan Interest Payment = $3,878 Depreciation Deduction = $12,490 Taxable Income = $6,633 Taxes Due = $1,658 [enter your answer as a whole number, with no dollar sign or comma] 17,465
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1. LaLa Land has sales of $687,000 with total other costs of $492,000. Interest expense is $26,000 and depreciation is $42,000. The tax rate is 35 percent. What is the net income?
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Arco Steel, Inc. generated total sales of $45,565,200 during fiscal 2010. Depreciation and amortization for the year totaled $2,278,260, and cost of goods sold was $27,339,120. Interest expense for the year was $9,641,300 and selling, general, and administrative expenses totaled $4,556,520 for the year. What is Arco’s EBIT for 2010? A) $9,641,300 B) $11,391,300 C) $13,275,030 D) $18,490,000

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