1. Consider the following summary financial statements for Knickerdoodles Inc. for 2010 and 2011. Knickerdoodles, Inc....
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1. Consider the following summary financial statements for Knickerdoodles Inc. for 2010 and 2011. Knickerdoodles, Inc. 2010 2011 Sales $ 740 $ 785 COGS 430 460 Interest 33 35 Dividends 16 17 Depreciation Cash 250 210 70 75 Accounts receivables Current liabilities 563 502 390 405 Inventory Long-term debt Net fixed assets 662 640 340 410 1,680 1,413 Common stock 700 235 Таx rate 35% 35% a. What is the net working capital for 2011? b. What is the change in net working capital from 2010 to 2011? c. What is net capital spending for 2011? d. What is the operating cash flow for 2011? e. What is the cash flow of the firm for 2011? f. What is net new borrowing for 2011? g. What is the cash flow to creditors for 2011? 1. Consider the following summary financial statements for Knickerdoodles Inc. for 2010 and 2011. Knickerdoodles, Inc. 2010 2011 Sales $ 740 $ 785 COGS 430 460 Interest 33 35 Dividends 16 17 Depreciation Cash 250 210 70 75 Accounts receivables Current liabilities 563 502 390 405 Inventory Long-term debt Net fixed assets 662 640 340 410 1,680 1,413 Common stock 700 235 Таx rate 35% 35% a. What is the net working capital for 2011? b. What is the change in net working capital from 2010 to 2011? c. What is net capital spending for 2011? d. What is the operating cash flow for 2011? e. What is the cash flow of the firm for 2011? f. What is net new borrowing for 2011? g. What is the cash flow to creditors for 2011?
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1635 w ENG 12082021 U387 Q S U V W Y 364 365 a NET WORKING CAPITAL 2011 CURRENT ASSETS CURRENT LI... View the full answer
Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Posted Date:
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