calculate Ballyhoos Book Value per Share and Net Working Capital . Assets Liabilities and Equity_____________ Cash
Question:
calculate Ballyhoo’s Book Value per Share and Net Working Capital.
Assets Liabilities and Equity_____________
Cash __$1,200___ Accounts payable $420
Accounts receivable 960 Notes payable 580
Inventories 640 Accruals ___$750__
Total curr. assets $2,800 Total current liabs. $1,750
Gross plant and equip. __$4,050___ Long-term bonds __$930___
Less: accum depr. 1,650 Total debt $2,680
Net plant and equip. __$2,400___ Preferred stock ___$90__
Common stock (100 shares) 260
Retained earnings __$2,170___
Total Common Equity $2,430
Total Equity $2,520
Total Assets $5,200 Total liabs & equity _$5,200___
2. Using the information from above, if the fiscal year-end 2016 amounts for Accounts Receivable and Inventories were $895 and $650 respectively, and Accounts Payable and Accruals were $435 and $740 respectively, what was Ballyhoo’s cash from operating activities for 2017 assuming that net income and depreciation charges were $375 and $47 respectively? (5 pts.)
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston